Urushi is the name of the Japanese tree, Toxicodendron verniciflua (the genus formerly was named Rhus), and of the lacquer of which its sap is the main constituent.
The lacquer is also called urushiol (note, not urushoil), which is also the resinous substance found in other members of the Toxicodendron genus: T. radicans and T. rydbergii, or poison ivy; T. diversilobum and T. pubescens, poison oak; and T. vernix, poison sumac. The resinous oil is what causes allergic reactions.
Which finally gets to my point: What are the allergic affects of the tree, its raw sap, the liquid lacquer, and maybe for hypersenstive/reactive urushiol allergies, the finished lacquer?
I don't meant to be alarmist - people have been eating off urushi lacquer for centuries. I'm thinking more about working with it.
EDIT: For those interested in the scientific aspects of the resin, plants, and allergic reaction:
Aaron C. Gladman MD. Toxicodendron Dermatitis: Poison Ivy, Oak, and Sumac. Wilderness & Environmental Medicine vol 17 #2 (June 2006)