Rinnai Corporation (RINIF)

Rinnai Financials Overview

Financials in millions JPY. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	481,312	470,392	460,319	430,186	425,229	366,185
Revenue Growth	3.53%	2.19%	7.00%	1.17%	16.12%	6.34%
Gross Profit Gross Profit Growth	166,180	163,688	156,062	137,843	138,395	116,557
Operating Income Operating Income Growth	49,841	50,282	45,671	39,030	41,420	35,865
Net Income Net Income Growth	36,282	36,160	29,691	26,667	26,096	23,748
Earnings Per Share EPS Growth	261.96	259.96	209.66	184.75	176.91	156.79
EPS Growth	25.23%	23.99%	13.48%	4.43%	12.83%	-12.34%

Revenue by Segment

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Japan Japan Growth	253,659	253,309	246,413	222,090	253,241	214,472
United States United States Growth	73,584	72,134	66,457	57,875	55,750	44,752
Australia Australia Growth	47,624	44,188	36,719	30,428	27,771	25,895
China China Growth	61,781	63,542	71,403	74,012	68,933	55,181
South Korea South Korea Growth	35,373	34,901	35,386	32,755	33,329	33,290
Indonesia Indonesia Growth	19,105	18,146	17,706	15,408	16,997	14,297
Others Others Growth	42,199	37,892	36,723	33,975	33,754	28,075
Unallocated Adjustment Unallocated Adjustment Growth	-52,014	-53,722	-50,491	-36,360	-64,548	-49,780
Total Total Growth	481,311	470,390	460,316	430,183	425,227	366,182

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	180,435	185,124	176,813	155,668	158,620	185,485
Total Debt Total Debt Growth	10,092	12,801	-	-	-	-
Net Cash (Debt) Net Cash Growth	170,343	172,323	176,813	155,668	158,620	185,485
Net Cash Growth	2.02%	-2.54%	13.58%	-1.86%	-14.48%	-9.49%
Net Cash Per Share Net Cash Per Share Growth	1233.75	1238.84	1248.56	1078.48	1075.33	1224.63

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	-	49,298	57,502	43,347	19,387	28,696
Capital Expenditures CapEx Growth	-	-14,889	-16,843	-36,747	-25,950	-20,227
Free Cash Flow Free Cash Flow Growth	-	34,409	40,659	6,600	-6,563	8,469
Free Cash Flow Growth	-	-15.37%	516.04%	-	-	-77.04%

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	-	34.80%	33.90%	32.04%	32.55%	31.83%
Operating Margin	10.36%	10.69%	9.92%	9.07%	9.74%	9.79%
Pretax Margin	12.25%	12.65%	10.84%	10.67%	10.48%	10.67%
Profit Margin	7.54%	7.69%	6.45%	6.20%	6.14%	6.49%
FCF Margin	-	7.32%	8.83%	1.53%	-1.54%	2.31%

Dividends

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 11, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Dividend Per Share Dividend Per Share Growth	0.158	100.000	80.000	60.000	53.333	46.667
Dividend Per Share Growth	-47.71%	25.00%	33.33%	12.50%	14.29%	21.74%
Dividend Yield	0.68%	2.60%	2.39%	2.03%	1.61%	1.38%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 11, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	14.10	13.97	16.05	18.71	18.15	19.23
P/FCF Ratio	14.57	14.68	11.72	75.60	-	53.92
PS Ratio	1.06	1.07	1.03	1.16	1.11	1.25

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 11, 2026

Data Sources Report a data error