1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Rinnai Corporation

Rinnai Corporation

RINIF
Rinnai CorporationUS flagOther OTC
24.19
USD
- -
- -
3.34BMarket Cap
Rinnai Corporation
RINIF
(Other OTC)

Recent

price

24.19

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,603.02
1,675.75
1,711.09
1,870.6
1,890.99
2,050.73
2,116.94
2,240.25
2,256.96
2,207.95
2,233.3
7,253.03
2,882.74
2,980.35
3,250.5
- -
1,662.13
Revenue per Share
103.84
114.19
131.62
151.57
132.34
145.57
143.08
136.8
132.81
139.83
178.87
470.38
176.91
184.75
209.66
- -
131.33
Basic EPS, GAAP
124.85
91.55
97.02
153.66
81.93
116.17
116.05
86.95
93.43
177.05
234.83
155.62
-49.64
41.48
283.17
- -
- -
Free Cash Flow per Basic Share
15.5
17.33
19.32
20.43
24.66
26
28
29.36
30.67
31.99
34.99
140.23
48.44
58.47
70.15
- -
- -
Dividend per Share
1,032.47
1,144.68
1,256.99
1,306.87
1,380.16
1,511.64
1,626.77
1,712.26
1,832.7
1,947.28
2,091.19
6,379.38
2,314.65
2,417.73
2,537.98
- -
2,498.02
Book Value per Share
934.14
1,041.24
1,199.11
1,488.24
1,647.59
1,703.87
1,819.05
1,946.83
2,042.49
2,188.59
2,387.14
7,428.9
2,735.13
3,005.34
3,205.35
- -
3,140.03
Tangible Book Value per Share
149
147
147
153
156
156
156
155
154
154
154
50
148
144
142
139
143
Basic Weighted Avg Shares
239,436
246,636
251,832
286,981
295,022
319,935
330,256
347,071
348,022
340,460
344,364
366,185
425,229
430,186
460,319
- -
237,492
Sales/Revenue/Turnover
16.05
10.8
10.47
11.86
10.44
10.81
10.31
9.47
8.87
10.11
11.82
9.8
9.74
9.15
10
- -
12.32
Operating Margin (%)
8,045
1,087
1,044
1,053
1,123
1,389
1,681
1,792
1,976
2,594
2,663
2,864
3,379
3,714
4,119
- -
- -
Depreciation Expense
15,510
16,807
19,371
23,254
20,647
22,710
22,322
21,194
20,480
21,561
27,581
23,748
26,096
26,667
29,691
- -
18,765
Net Income, GAAP
32.96
37.1
31.36
34.32
30.99
30.27
28.17
28.35
27.63
26.25
26.46
25.74
25.96
24.81
25.45
- -
25.08
Effective Tax Rate (%)
6.48
6.81
7.69
8.1
7
7.1
6.76
6.11
5.88
6.33
8.01
6.49
6.14
6.2
6.45
- -
7.9
Profit Margin (%)
65,844
83,543
104,693
125,025
126,306
133,750
146,103
170,557
192,541
208,106
232,615
225,153
228,652
234,547
253,877
- -
246,838
Working Capital
2,763
3,325
2,550
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
141,110
154,738
178,006
232,633
261,413
271,708
290,636
307,963
320,694
340,956
371,317
378,856
407,198
437,436
461,716
- -
452,923
Total Equity
16.31
10.31
10.04
10.18
8.21
8.81
8.49
7.7
6.97
7.51
8.2
6.96
7.67
6.88
7.49
- -
5
Return on Invested Capital (%)
9.26
9.49
9.9
10.75
8.28
8.45
7.46
6.32
5.75
5.55
6.78
5.23
5.19
4.82
5.47
- -
3.58
Return on Capital (%)
10.51
10.42
10.96
12.06
9.93
10.07
9.12
8.17
7.48
7.4
8.86
7.37
7.87
7.73
8.38
- -
5.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
- -
141
Market Capitalization
- -
- -
418,568

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
341,437
- -
346,003
Cash, Cash Equivalents & STI
247,362
- -
252,936
Accounts Receivable, Net
91,694
- -
- -
Inventories
81,652
- -
82,442
Total Current Liabilities
106,890
- -
99,165
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89,853
102,841
117,468
120,024
430,186
2025
- -
- -
- -
- -
460,319
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
22.48
- -
- -
- -
184.75
2025
- -
- -
- -
- -
209.66
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
58.47
2025
- -
- -
- -
- -
70.15
2026
- -
- -
- -
- -
- -
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Business
Rinnai Corporation (Ticker: RINIF) manufactures and sells gas appliances and heating, cooling, and hot water systems worldwide. The company produces a broad range of products including tankless continuous flow water heaters, gas boilers, radiant heaters, cooktops, stovetops, ovens, range hoods, and commercial kitchen equipment such as fryers, griddles, and combi steamers; it also offers ventilation fans, air conditioning units, and biomass stoves under the Rinnai brand. Rinnai operates primarily in the residential and commercial sectors, serving homeowners, builders, restaurants, and institutions with energy-efficient solutions focused on gas-fired technologies. Founded in 1920 and headquartered in Nagoya, Japan, the company maintains manufacturing facilities and sales operations across Asia, North America, Europe, Australia, and other regions, with key subsidiaries including Rinnai America Corporation and Rinnai UK Limited. In recent developments, Rinnai expanded its presence through strategic investments in production capacity, including a new manufacturing plant in India to support growing demand in South Asia; it also launched next-generation hydrogen-ready water heaters in 2024 as part of its commitment to sustainable energy transitions and formed a partnership with renewable gas suppliers to promote low-carbon heating solutions.