Rinnai Corporation (TYO:5947)

Rinnai Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	452,343	430,186	425,229	366,185	344,364	340,460
Revenue Growth (YoY)	7.37%	1.17%	16.12%	6.34%	1.15%	-2.17%
Cost of Revenue	299,435	292,343	286,834	249,628	229,032	227,885
Gross Profit	152,908	137,843	138,395	116,557	115,332	112,575
Selling, General & Admin	94,911	89,434	87,292	72,398	68,484	72,046
Other Operating Expenses	4,738	4,738	4,699	3,771	3,494	3,513
Operating Expenses	104,291	98,813	96,975	80,692	74,641	78,153
Operating Income	48,617	39,030	41,420	35,865	40,691	34,422
Interest Expense	-85	-79	-73	-64	-50	-48
Interest & Investment Income	3,447	2,980	2,135	1,519	1,328	1,483
Currency Exchange Gain (Loss)	1,102	2,340	514	1,144	-115	-506
Other Non Operating Income (Expenses)	1,588	2,015	792	776	739	686
EBT Excluding Unusual Items	54,669	46,286	44,788	39,240	42,593	36,037
Gain (Loss) on Sale of Investments	791	-	-	-	1,445	-
Gain (Loss) on Sale of Assets	-221	-215	-225	-181	-193	-360
Asset Writedown	-110	-354	-	-	-	-
Other Unusual Items	-1,199	203	-	-	-	-844
Pretax Income	53,930	45,920	44,563	39,059	43,845	34,833
Income Tax Expense	14,644	11,391	11,569	10,053	11,602	9,144
Earnings From Continuing Operations	39,286	34,529	32,994	29,006	32,243	25,689
Minority Interest in Earnings	-7,116	-7,862	-6,898	-5,258	-4,662	-4,128
Net Income	32,170	26,667	26,096	23,748	27,581	21,561
Net Income to Common	32,170	26,667	26,096	23,748	27,581	21,561
Net Income Growth	45.91%	2.19%	9.89%	-13.90%	27.92%	5.28%
Shares Outstanding (Basic)	142	144	148	151	154	154
Shares Outstanding (Diluted)	142	144	148	151	154	154
Shares Change (YoY)	-1.98%	-2.15%	-2.61%	-1.77%	-0.00%	-0.00%
EPS (Basic)	226.14	184.75	176.91	156.79	178.87	139.83
EPS (Diluted)	226.14	184.75	176.91	156.79	178.87	139.83
EPS Growth	48.86%	4.43%	12.83%	-12.34%	27.92%	5.28%
Free Cash Flow	-	6,600	-6,563	8,469	36,882	27,952
Free Cash Flow Per Share	-	45.73	-44.49	55.91	239.19	181.27
Dividend Per Share	100.000	60.000	53.333	46.667	38.333	32.667
Dividend Growth	252.94%	12.50%	14.29%	21.74%	17.35%	4.26%
Gross Margin	33.80%	32.04%	32.55%	31.83%	33.49%	33.07%
Operating Margin	10.75%	9.07%	9.74%	9.79%	11.82%	10.11%
Profit Margin	7.11%	6.20%	6.14%	6.49%	8.01%	6.33%
Free Cash Flow Margin	-	1.53%	-1.54%	2.31%	10.71%	8.21%
EBITDA	64,541	53,820	54,698	47,659	52,104	46,556
EBITDA Margin	14.27%	12.51%	12.86%	13.01%	15.13%	13.67%
D&A For EBITDA	15,924	14,790	13,278	11,794	11,413	12,134
EBIT	48,617	39,030	41,420	35,865	40,691	34,422
EBIT Margin	10.75%	9.07%	9.74%	9.79%	11.82%	10.11%
Effective Tax Rate	27.15%	24.81%	25.96%	25.74%	26.46%	26.25%
Advertising Expenses	-	15,352	12,175	9,996	11,561	13,492

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.