Rinnai Corp
TSE:5947

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Rinnai Corp
TSE:5947
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Price: 3 864 JPY -1.4% Market Closed
Market Cap: 556B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+23%
5Y
+39%
10Y
+55%
Operating Income
+
3Y
+27%
5Y
+37%
10Y
+54%
Net Income
+
3Y
+20%
5Y
+34%
10Y
+46%

Earnings Waterfall
Rinnai Corp

Revenue
464.9B JPY
Cost of Revenue
-306.2B JPY
Gross Profit
158.7B JPY
Operating Expenses
-112.1B JPY
Operating Income
46.7B JPY
Other Expenses
-17.2B JPY
Net Income
29.5B JPY

Income Statement
Rinnai Corp

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Income Statement
Currency: JPY
Jun-2004 Sep-2004 Dec-2004 Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
199
0
0
112
0
0
80
170
244
327
308
298
313
304
308
296
265
239
223
201
189
188
180
170
150
125
99
72
55
40
27
34
34
32
31
19
0
0
0
0
0
0
11
21
31
48
48
50
51
50
50
57
62
64
70
69
70
73
70
67
74
79
75
98
85
97
0
Revenue
150 979
N/A
151 880
+1%
150 429
-1%
150 716
+0%
152 057
+1%
156 822
+3%
162 446
+4%
169 956
+5%
175 686
+3%
177 452
+1%
180 513
+2%
184 554
+2%
186 787
+1%
188 104
+1%
184 695
-2%
178 592
-3%
172 246
-4%
168 187
-2%
174 434
+4%
177 516
+2%
178 452
+1%
239 436
+34%
241 391
+1%
242 351
+0%
245 757
+1%
246 636
+0%
245 495
0%
246 578
+0%
249 602
+1%
251 832
+1%
256 681
+2%
264 938
+3%
273 084
+3%
286 981
+5%
294 313
+3%
296 427
+1%
296 258
0%
295 022
0%
299 312
+1%
307 694
+3%
313 588
+2%
319 935
+2%
324 952
+2%
325 601
+0%
326 448
+0%
330 256
+1%
331 789
+0%
334 902
+1%
341 581
+2%
347 071
+2%
350 285
+1%
350 069
0%
349 299
0%
348 022
0%
342 687
-2%
345 633
+1%
342 973
-1%
340 460
-1%
335 115
-2%
329 044
-2%
334 115
+2%
344 364
+3%
360 285
+5%
375 140
+4%
372 621
-1%
366 185
-2%
376 684
+3%
380 811
+1%
406 515
+7%
425 229
+5%
420 076
-1%
423 576
+1%
421 298
-1%
430 186
+2%
438 518
+2%
449 616
+3%
452 343
+1%
460 319
+2%
464 883
+1%
Gross Profit
Cost of Revenue
(108 455)
(109 834)
(110 469)
(111 397)
(111 988)
(115 174)
(119 759)
(124 672)
(128 346)
(129 462)
(131 827)
(134 431)
(134 702)
(134 783)
(130 849)
(125 954)
(120 955)
(117 639)
(120 965)
(122 005)
(122 636)
(165 867)
(167 561)
(168 696)
(171 230)
(171 475)
(171 189)
(172 142)
(173 890)
(175 990)
(179 215)
(184 591)
(189 257)
(196 858)
(200 941)
(203 076)
(203 496)
(203 836)
(206 705)
(210 909)
(213 700)
(216 454)
(219 201)
(219 451)
(219 416)
(221 355)
(222 183)
(224 266)
(229 572)
(234 996)
(236 911)
(237 464)
(237 364)
(235 915)
(234 071)
(234 916)
(230 988)
(227 885)
(224 157)
(219 945)
(222 661)
(229 032)
(237 690)
(247 203)
(249 624)
(249 628)
(256 945)
(261 780)
(276 271)
(286 834)
(287 864)
(291 649)
(288 806)
(292 343)
(293 986)
(297 143)
(299 435)
(304 257)
(306 168)
Gross Profit
42 524
N/A
42 046
-1%
39 960
-5%
39 319
-2%
40 069
+2%
41 648
+4%
42 687
+2%
45 284
+6%
47 340
+5%
47 990
+1%
48 686
+1%
50 123
+3%
52 085
+4%
53 321
+2%
53 846
+1%
52 638
-2%
51 291
-3%
50 548
-1%
53 469
+6%
55 511
+4%
55 816
+1%
73 569
+32%
73 830
+0%
73 655
0%
74 527
+1%
75 161
+1%
74 306
-1%
74 436
+0%
75 712
+2%
75 842
+0%
77 466
+2%
80 347
+4%
83 827
+4%
90 123
+8%
93 372
+4%
93 351
0%
92 762
-1%
91 186
-2%
92 607
+2%
96 785
+5%
99 888
+3%
103 481
+4%
105 751
+2%
106 150
+0%
107 032
+1%
108 901
+2%
109 606
+1%
110 636
+1%
112 009
+1%
112 075
+0%
113 374
+1%
112 605
-1%
111 935
-1%
112 107
+0%
108 616
-3%
110 717
+2%
111 985
+1%
112 575
+1%
110 958
-1%
109 099
-2%
111 454
+2%
115 332
+3%
122 595
+6%
127 937
+4%
122 997
-4%
116 557
-5%
119 739
+3%
119 031
-1%
130 244
+9%
138 395
+6%
132 212
-4%
131 927
0%
132 492
+0%
137 843
+4%
144 532
+5%
152 473
+5%
152 908
+0%
156 062
+2%
158 715
+2%
Operating Income
Operating Expenses
(30 017)
(30 760)
(32 160)
(32 616)
(33 174)
(34 005)
(35 341)
(36 908)
(37 486)
(37 592)
(37 158)
(37 811)
(38 396)
(39 719)
(41 770)
(40 492)
(38 844)
(35 890)
(36 688)
(36 444)
(36 266)
(48 325)
(48 148)
(48 011)
(48 144)
(48 527)
(48 343)
(48 714)
(49 463)
(49 490)
(50 956)
(52 191)
(53 376)
(56 105)
(57 108)
(58 573)
(59 413)
(60 399)
(62 277)
(64 313)
(66 620)
(68 888)
(71 314)
(71 969)
(73 044)
(74 845)
(75 616)
(77 526)
(79 132)
(79 226)
(81 428)
(81 345)
(81 779)
(81 228)
(78 758)
(78 936)
(78 836)
(78 153)
(76 819)
(74 960)
(73 696)
(74 642)
(76 974)
(80 097)
(82 046)
(80 693)
(82 976)
(84 190)
(88 734)
(96 977)
(97 843)
(99 640)
(99 544)
(98 815)
(99 900)
(102 569)
(104 294)
(110 392)
(112 059)
Selling, General & Administrative
(30 017)
(30 836)
(32 160)
(32 616)
(33 140)
(34 005)
(35 341)
(36 894)
(37 486)
(37 592)
(37 082)
(37 811)
(38 396)
(40 269)
(41 770)
(40 492)
(38 844)
(35 890)
(36 688)
(36 444)
(36 266)
(47 286)
(48 148)
(48 011)
(48 144)
(47 440)
(48 343)
(48 715)
(49 464)
(48 446)
(50 957)
(52 191)
(53 376)
(55 051)
(57 108)
(58 572)
(59 413)
(59 276)
(62 275)
(64 313)
(66 618)
(67 497)
(71 314)
(71 967)
(73 043)
(73 163)
(75 614)
(77 525)
(79 131)
(77 433)
(81 427)
(81 344)
(81 777)
(79 251)
(78 756)
(78 936)
(78 836)
(75 559)
(76 819)
(74 959)
(73 696)
(71 978)
(76 973)
(80 095)
(82 046)
(77 828)
(82 976)
(84 189)
(88 731)
(93 596)
(97 758)
(99 473)
(99 293)
(94 765)
(99 564)
(102 232)
(103 956)
(105 937)
(111 730)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1 039)
0
0
0
(1 087)
0
0
0
(1 044)
0
0
0
(1 053)
0
0
0
(1 123)
0
0
0
(1 389)
0
0
0
(1 681)
0
0
0
(1 792)
0
0
0
(1 976)
0
0
0
(2 594)
0
0
0
(2 663)
0
0
0
(2 864)
0
0
0
(3 379)
(83)
(167)
(250)
(4 048)
(334)
(334)
(335)
(4 454)
(329)
Other Operating Expenses
0
76
0
0
(34)
0
0
(14)
0
0
(76)
0
0
550
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
(1)
0
(1)
0
(1)
(2)
0
(2)
(2)
0
(2)
(1)
(1)
(2)
(1)
0
(1)
(1)
0
(2)
(1)
(2)
0
0
0
0
(1)
0
(1)
(1)
0
0
(1)
0
(1)
(3)
(2)
(2)
0
(1)
(2)
(2)
(3)
(3)
(1)
0
Operating Income
12 507
N/A
11 286
-10%
7 800
-31%
6 703
-14%
6 895
+3%
7 643
+11%
7 346
-4%
8 376
+14%
9 854
+18%
10 398
+6%
11 528
+11%
12 312
+7%
13 689
+11%
13 602
-1%
12 076
-11%
12 146
+1%
12 447
+2%
14 658
+18%
16 781
+14%
19 067
+14%
19 550
+3%
25 244
+29%
25 682
+2%
25 644
0%
26 383
+3%
26 634
+1%
25 963
-3%
25 722
-1%
26 249
+2%
26 352
+0%
26 510
+1%
28 156
+6%
30 451
+8%
34 018
+12%
36 264
+7%
34 778
-4%
33 349
-4%
30 787
-8%
30 330
-1%
32 472
+7%
33 268
+2%
34 593
+4%
34 437
0%
34 181
-1%
33 988
-1%
34 056
+0%
33 990
0%
33 110
-3%
32 877
-1%
32 849
0%
31 946
-3%
31 260
-2%
30 156
-4%
30 879
+2%
29 858
-3%
31 781
+6%
33 149
+4%
34 422
+4%
34 139
-1%
34 139
N/A
37 758
+11%
40 690
+8%
45 621
+12%
47 840
+5%
40 951
-14%
35 864
-12%
36 763
+3%
34 841
-5%
41 510
+19%
41 418
0%
34 369
-17%
32 287
-6%
32 948
+2%
39 028
+18%
44 632
+14%
49 904
+12%
48 614
-3%
45 670
-6%
46 656
+2%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
(457)
(552)
(2 099)
(1 546)
(1 763)
(27)
230
665
787
1 177
1 322
1 187
1 470
1 891
1 552
1 892
1 841
2 360
1 984
2 135
2 350
2 389
2 011
1 872
1 926
2 094
2 096
1 995
1 714
1 014
457
223
818
1 086
1 823
2 125
1 353
1 241
1 633
1 913
1 685
1 714
1 422
919
1 234
929
1 725
2 510
2 111
2 608
1 910
1 524
2 140
2 599
3 435
4 603
3 221
2 576
3 768
3 429
4 238
5 241
4 688
3 096
5 255
4 211
3 050
Non-Reccuring Items
(385)
(249)
(214)
(36)
(1 355)
(803)
(619)
528
(11)
(869)
(933)
(1 138)
(587)
(322)
(141)
(131)
(148)
(163)
(866)
(927)
(878)
(2 676)
(3 191)
(3 032)
(3 359)
(1 547)
(131)
(301)
(51)
(725)
(745)
(642)
(626)
(99)
(96)
(106)
(116)
(281)
(346)
(458)
(442)
(373)
(467)
(335)
(85)
(622)
(470)
(180)
(389)
14
19
(259)
(364)
(409)
(469)
(1 205)
(1 194)
(1 204)
(1 148)
(404)
(321)
(193)
(183)
(175)
(178)
(181)
(176)
(193)
(222)
(225)
(240)
(305)
(311)
(366)
(420)
(1 617)
(1 530)
(1 498)
(1 430)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
2
50
57
115
83
93
33
0
0
(19)
0
0
0
0
0
0
938
988
0
0
50
0
0
0
0
0
0
271
271
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
334
444
877
831
1 433
812
980
225
735
414
751
186
119
(150)
498
476
662
595
537
350
443
584
643
685
650
572
507
429
799
534
2 218
2 300
1 124
726
952
949
878
338
356
184
72
662
590
476
444
483
376
372
339
476
386
521
615
980
927
661
600
687
557
817
843
741
920
979
1 012
778
545
335
629
796
1 126
1 851
1 634
2 018
2 015
1 502
1 592
1 503
1 400
Pre-Tax Income
12 456
N/A
11 481
-8%
8 463
-26%
7 498
-11%
6 973
-7%
7 652
+10%
7 707
+1%
9 129
+18%
10 578
+16%
9 943
-6%
11 346
+14%
11 360
+0%
12 766
+12%
12 628
-1%
10 391
-18%
11 060
+6%
11 281
+2%
15 156
+34%
16 715
+10%
19 155
+15%
19 902
+4%
24 310
+22%
24 456
+1%
24 484
+0%
25 144
+3%
27 550
+10%
27 891
+1%
27 742
-1%
29 776
+7%
29 509
-1%
29 967
+2%
31 949
+7%
33 349
+4%
37 034
+11%
39 131
+6%
37 493
-4%
36 037
-4%
32 938
-9%
32 436
-2%
34 464
+6%
34 883
+1%
35 896
+3%
35 017
-2%
34 545
-1%
35 165
+2%
35 003
0%
35 719
+2%
35 427
-1%
34 180
-4%
34 580
+1%
33 984
-2%
33 435
-2%
32 092
-4%
33 164
+3%
31 738
-4%
32 156
+1%
33 789
+5%
34 834
+3%
35 273
+1%
37 062
+5%
40 391
+9%
43 846
+9%
48 268
+10%
50 168
+4%
43 925
-12%
39 060
-11%
40 567
+4%
39 586
-2%
45 138
+14%
44 565
-1%
39 023
-12%
37 262
-5%
38 509
+3%
45 921
+19%
50 915
+11%
52 885
+4%
53 931
+2%
49 886
-8%
49 676
0%
Net Income
Tax Provision
(4 911)
(4 682)
(3 811)
(3 377)
(3 285)
(3 375)
(3 291)
(3 890)
(4 355)
(4 542)
(4 276)
(4 226)
(4 563)
(5 495)
(6 135)
(6 087)
(5 815)
(5 867)
(6 107)
(6 809)
(6 882)
(8 012)
(8 698)
(8 728)
(9 395)
(10 220)
(9 705)
(9 336)
(9 186)
(9 254)
(9 625)
(10 378)
(11 086)
(12 709)
(13 083)
(12 509)
(11 944)
(10 207)
(10 077)
(10 627)
(10 526)
(10 866)
(10 352)
(10 236)
(10 287)
(9 859)
(10 004)
(9 848)
(9 522)
(9 805)
(9 588)
(9 315)
(8 989)
(9 162)
(8 834)
(9 130)
(9 443)
(9 144)
(9 273)
(9 416)
(10 194)
(11 602)
(12 621)
(13 381)
(11 601)
(10 053)
(10 577)
(10 346)
(11 489)
(11 569)
(10 088)
(9 002)
(9 330)
(11 391)
(12 701)
(13 737)
(14 644)
(12 698)
(12 707)
Income from Continuing Operations
7 545
6 799
4 652
4 121
3 688
4 277
4 416
5 239
6 223
5 401
7 070
7 134
8 203
7 133
4 256
4 973
5 466
9 289
10 608
12 346
13 020
16 298
15 758
15 756
15 749
17 330
18 186
18 406
20 590
20 255
20 342
21 571
22 263
24 325
26 048
24 984
24 093
22 731
22 359
23 837
24 357
25 030
24 665
24 309
24 878
25 144
25 715
25 579
24 658
24 775
24 396
24 120
23 103
24 002
22 904
23 026
24 346
25 690
26 000
27 646
30 197
32 244
35 647
36 787
32 324
29 007
29 990
29 240
33 649
32 996
28 935
28 260
29 179
34 530
38 214
39 148
39 287
37 188
36 969
Income to Minority Interest
(125)
157
357
101
171
59
72
121
(11)
241
(125)
40
37
152
595
351
139
(341)
(430)
(424)
(395)
(783)
(711)
(689)
(655)
(522)
(535)
(699)
(784)
(882)
(947)
(1 032)
(1 101)
(1 070)
(1 472)
(1 661)
(1 849)
(2 083)
(2 218)
(2 255)
(2 414)
(2 319)
(2 415)
(2 582)
(2 689)
(2 821)
(2 714)
(2 774)
(2 695)
(3 581)
(3 636)
(3 558)
(3 583)
(3 521)
(3 248)
(3 356)
(3 528)
(4 128)
(3 959)
(4 046)
(4 647)
(4 662)
(5 636)
(5 986)
(5 719)
(5 258)
(5 418)
(5 357)
(6 842)
(6 898)
(6 564)
(7 642)
(7 129)
(7 862)
(8 016)
(8 135)
(7 116)
(7 497)
(7 474)
Net Income (Common)
7 418
N/A
6 956
-6%
5 008
-28%
4 218
-16%
3 856
-9%
4 336
+12%
4 490
+4%
5 369
+20%
6 207
+16%
5 638
-9%
6 934
+23%
7 173
+3%
8 238
+15%
7 289
-12%
4 849
-33%
5 323
+10%
5 600
+5%
8 947
+60%
10 176
+14%
11 918
+17%
12 616
+6%
15 510
+23%
15 045
-3%
15 071
+0%
15 102
+0%
16 807
+11%
17 653
+5%
17 705
+0%
19 805
+12%
19 371
-2%
19 393
+0%
20 537
+6%
21 160
+3%
23 254
+10%
24 575
+6%
23 322
-5%
22 243
-5%
20 647
-7%
20 140
-2%
21 583
+7%
21 942
+2%
22 710
+4%
22 251
-2%
21 725
-2%
22 190
+2%
22 322
+1%
23 000
+3%
22 806
-1%
21 960
-4%
21 194
-3%
20 758
-2%
20 561
-1%
19 521
-5%
20 480
+5%
19 656
-4%
19 668
+0%
20 817
+6%
21 561
+4%
22 040
+2%
23 600
+7%
25 549
+8%
27 581
+8%
30 010
+9%
30 799
+3%
26 604
-14%
23 748
-11%
24 570
+3%
23 883
-3%
26 806
+12%
26 096
-3%
22 370
-14%
20 616
-8%
22 048
+7%
26 667
+21%
30 196
+13%
31 012
+3%
32 170
+4%
29 691
-8%
29 496
-1%
EPS (Diluted)
137.37
N/A
126.47
-8%
92.74
-27%
78.11
-16%
70.1
-10%
80.29
+15%
83.14
+4%
97.61
+17%
114.94
+18%
104.4
-9%
126.07
+21%
132.83
+5%
152.55
+15%
132.52
-13%
89.79
-32%
98.57
+10%
103.7
+5%
172.05
+66%
199.52
+16%
243.22
+22%
257.46
+6%
310.2
+20%
307.04
-1%
307.57
+0%
308.2
+0%
336.14
+9%
360.26
+7%
361.32
+0%
404.18
+12%
395.32
-2%
395.77
+0%
402.68
+2%
406.92
+1%
455.96
+12%
472.59
+4%
448.5
-5%
427.75
-5%
397.02
-7%
387.3
-2%
415.05
+7%
421.96
+2%
436.7
+3%
427.9
-2%
417.78
-2%
426.73
+2%
143.08
-66%
442.3
+209%
438.57
-1%
430.58
-2%
136.8
-68%
407.01
+198%
403.15
-1%
379.79
-6%
132.81
-65%
382.42
+188%
382.65
+0%
405
+6%
139.83
-65%
428.8
+207%
459.15
+7%
497.08
+8%
178.87
-64%
583.87
+226%
606.86
+4%
177.61
-71%
156.79
-12%
164.59
+5%
161.74
-2%
182.85
+13%
176.91
-3%
152.97
-14%
142.77
-7%
153.73
+8%
184.75
+20%
211.31
+14%
218.45
+3%
228.38
+5%
209.66
-8%
210
+0%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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