- Business
- Asaka Riken Co., Ltd. engages in resource circulation through precious metal recovery and refining, environmental solutions, and software development in Japan. The company operates three main segments: precious metals, where it recovers and refines gold, silver, platinum, palladium, and rare metals from industrial byproducts, electronic waste, and lithium-ion batteries using proprietary solvent extraction, effective collection, and high-purity cleaning technologies; environment, encompassing ferric chloride solution manufacturing and recycling from waste etchants, copper powder recovery, water treatment agents, and photocatalyst materials; and software, involving data measurement processing systems, automatic measuring systems, and network applications such as intranet and internet solutions. It maintains production facilities including the headquarters plant in Koriyama, Fukuyama Plant, and Iwaki Plant, with sales offices in Osaka and Kitakyushu, alongside a historical Taiwan branch presence. Founded on August 25, 1969, as Asaka Riken Industrial Co., Ltd., and renamed Asaka Riken Co., Ltd. in October 2007, the company is headquartered at 47 Aza Maseguchi, Kanaya, Tamura-machi, Koriyama-shi, Fukushima, Japan. Recent developments include full entry into lithium-ion battery recycling in May 2019, completion of a new headquarters building in May 2022, transition to the Tokyo Stock Exchange Standard Market in April 2022, and relocation of the Osaka Sales Office in February 2023, alongside ongoing RMAP certification for conflict-free gold refining.