Rinnai Corporation (TYO:5947)

Rinnai Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	467,391	460,319	430,186	425,229	366,185	344,364
Revenue Growth (YoY)	3.33%	7.00%	1.17%	16.12%	6.34%	1.15%
Cost of Revenue	305,994	304,257	292,343	286,834	249,628	229,032
Gross Profit	161,397	156,062	137,843	138,395	116,557	115,332
Selling, General & Admin	100,926	97,671	89,434	87,292	72,398	68,484
Other Operating Expenses	7,877	7,877	4,738	4,699	3,771	3,494
Operating Expenses	113,586	110,391	98,813	96,975	80,692	74,641
Operating Income	47,811	45,671	39,030	41,420	35,865	40,691
Interest Expense	-105	-97	-79	-73	-64	-50
Interest & Investment Income	3,834	3,565	2,980	2,135	1,519	1,328
Currency Exchange Gain (Loss)	606	-100	2,340	514	1,144	-115
Other Non Operating Income (Expenses)	1,248	1,502	2,015	792	776	739
EBT Excluding Unusual Items	53,394	50,541	46,286	44,788	39,240	42,593
Gain (Loss) on Sale of Investments	1,147	843	-	-	-	1,445
Gain (Loss) on Sale of Assets	-	-218	-215	-225	-181	-193
Asset Writedown	-212	-111	-354	-	-	-
Other Unusual Items	828	-1,169	203	-	-	-
Pretax Income	55,157	49,886	45,920	44,563	39,059	43,845
Income Tax Expense	13,435	12,698	11,391	11,569	10,053	11,602
Earnings From Continuing Operations	41,722	37,188	34,529	32,994	29,006	32,243
Minority Interest in Earnings	-7,371	-7,497	-7,862	-6,898	-5,258	-4,662
Net Income	34,351	29,691	26,667	26,096	23,748	27,581
Net Income to Common	34,351	29,691	26,667	26,096	23,748	27,581
Net Income Growth	6.78%	11.34%	2.19%	9.89%	-13.90%	27.92%
Shares Outstanding (Basic)	140	142	144	148	151	154
Shares Outstanding (Diluted)	140	142	144	148	151	154
Shares Change (YoY)	-1.77%	-1.89%	-2.15%	-2.61%	-1.77%	-0.00%
EPS (Basic)	245.82	209.66	184.75	176.91	156.79	178.87
EPS (Diluted)	245.82	209.66	184.75	176.91	156.79	178.87
EPS Growth	8.70%	13.48%	4.43%	12.83%	-12.34%	27.92%
Free Cash Flow	-	40,659	6,600	-6,563	8,469	36,882
Free Cash Flow Per Share	-	287.11	45.73	-44.49	55.91	239.19
Dividend Per Share	90.000	80.000	60.000	53.333	46.667	38.333
Dividend Growth	-10.00%	33.33%	12.50%	14.29%	21.74%	17.35%
Gross Margin	34.53%	33.90%	32.04%	32.55%	31.83%	33.49%
Operating Margin	10.23%	9.92%	9.07%	9.74%	9.79%	11.82%
Profit Margin	7.35%	6.45%	6.20%	6.14%	6.49%	8.01%
Free Cash Flow Margin	-	8.83%	1.53%	-1.54%	2.31%	10.71%
EBITDA	74,057	60,812	53,820	54,698	47,659	52,104
EBITDA Margin	15.85%	13.21%	12.51%	12.86%	13.01%	15.13%
D&A For EBITDA	26,246	15,141	14,790	13,278	11,794	11,413
EBIT	47,811	45,671	39,030	41,420	35,865	40,691
EBIT Margin	10.23%	9.92%	9.07%	9.74%	9.79%	11.82%
Effective Tax Rate	24.36%	25.45%	24.81%	25.96%	25.74%	26.46%
Advertising Expenses	-	17,317	15,352	12,175	9,996	11,561

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.