Rinnai Income Statement

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

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Jun '24 Jun 30, 2024	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020	2019 - 2015
Revenue	438,518	430,186	425,229	366,185	344,364	340,460	Upgrade
Revenue Growth (YoY)	4.39%	1.17%	16.12%	6.34%	1.15%	-2.17%	Upgrade
Cost of Revenue	293,986	292,343	286,834	249,628	229,032	227,885	Upgrade
Gross Profit	144,532	137,843	138,395	116,557	115,332	112,575	Upgrade
Selling, General & Admin	90,519	89,434	87,292	72,398	68,484	72,046	Upgrade
Other Operating Expenses	4,738	4,738	4,699	3,771	3,494	3,513	Upgrade
Operating Expenses	99,898	98,813	96,975	80,692	74,641	78,153	Upgrade
Operating Income	44,634	39,030	41,420	35,865	40,691	34,422	Upgrade
Interest Expense	-75	-79	-73	-64	-50	-48	Upgrade
Interest & Investment Income	3,193	2,980	2,135	1,519	1,328	1,483	Upgrade
Currency Exchange Gain (Loss)	1,570	2,340	514	1,144	-115	-506	Upgrade
Other Non Operating Income (Expenses)	2,011	2,015	792	776	739	686	Upgrade
EBT Excluding Unusual Items	51,333	46,286	44,788	39,240	42,593	36,037	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	1,445	-	Upgrade
Gain (Loss) on Sale of Assets	-269	-215	-225	-181	-193	-360	Upgrade
Asset Writedown	-354	-354	-	-	-	-	Upgrade
Other Unusual Items	203	203	-	-	-	-844	Upgrade
Pretax Income	50,913	45,920	44,563	39,059	43,845	34,833	Upgrade
Income Tax Expense	12,701	11,391	11,569	10,053	11,602	9,144	Upgrade
Earnings From Continuing Operations	38,212	34,529	32,994	29,006	32,243	25,689	Upgrade
Minority Interest in Earnings	-8,016	-7,862	-6,898	-5,258	-4,662	-4,128	Upgrade
Net Income	30,196	26,667	26,096	23,748	27,581	21,561	Upgrade
Net Income to Common	30,196	26,667	26,096	23,748	27,581	21,561	Upgrade
Net Income Growth	34.98%	2.19%	9.89%	-13.90%	27.92%	5.28%	Upgrade
Shares Outstanding (Basic)	144	144	148	151	154	154	Upgrade
Shares Outstanding (Diluted)	144	144	148	151	154	154	Upgrade
Shares Change (YoY)	-2.21%	-2.15%	-2.61%	-1.77%	-0.00%	-0.00%	Upgrade
EPS (Basic)	210.42	184.75	176.91	156.79	178.87	139.83	Upgrade
EPS (Diluted)	210.42	184.75	176.91	156.79	178.87	139.83	Upgrade
EPS Growth	38.03%	4.43%	12.83%	-12.34%	27.92%	5.28%	Upgrade
Free Cash Flow	-	6,600	-6,563	8,469	36,882	27,952	Upgrade
Free Cash Flow Per Share	-	45.73	-44.49	55.92	239.19	181.27	Upgrade
Dividend Per Share	60.000	60.000	53.333	46.667	38.333	32.667	Upgrade
Dividend Growth	12.50%	12.50%	14.29%	21.74%	17.35%	4.26%	Upgrade
Gross Margin	32.96%	32.04%	32.55%	31.83%	33.49%	33.07%	Upgrade
Operating Margin	10.18%	9.07%	9.74%	9.79%	11.82%	10.11%	Upgrade
Profit Margin	6.89%	6.20%	6.14%	6.49%	8.01%	6.33%	Upgrade
Free Cash Flow Margin	-	1.53%	-1.54%	2.31%	10.71%	8.21%	Upgrade
EBITDA	59,802	53,820	54,698	47,659	52,104	46,556	Upgrade
EBITDA Margin	13.64%	12.51%	12.86%	13.02%	15.13%	13.67%	Upgrade
D&A For EBITDA	15,168	14,790	13,278	11,794	11,413	12,134	Upgrade
EBIT	44,634	39,030	41,420	35,865	40,691	34,422	Upgrade
EBIT Margin	10.18%	9.07%	9.74%	9.79%	11.82%	10.11%	Upgrade
Effective Tax Rate	24.95%	24.81%	25.96%	25.74%	26.46%	26.25%	Upgrade
Advertising Expenses	-	15,352	12,175	9,996	11,561	13,492	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.