Rinnai Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 13, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Market Capitalization	555,202	476,419	498,929	473,561	456,683	636,824
Market Cap Growth	17.97%	-4.51%	5.36%	3.70%	-28.29%	61.96%
Enterprise Value	458,272	378,746	410,047	348,834	303,053	474,479
Last Close Price	4021.00	3408.01	3359.23	3059.65	2844.68	3793.26
PE Ratio	16.36	16.05	18.71	18.15	19.23	23.09
Forward PE	15.49	15.22	18.67	16.24	18.10	24.35
PS Ratio	1.19	1.03	1.16	1.11	1.25	1.85
PB Ratio	1.21	1.03	1.14	1.16	1.21	1.72
P/TBV Ratio	1.41	1.20	1.30	1.31	1.35	1.88
P/FCF Ratio	-	11.72	75.60	-	53.92	17.27
P/OCF Ratio	-	8.29	11.51	24.43	15.92	12.87
PEG Ratio	1.45	20.85	20.85	20.85	20.85	20.85
EV/Sales Ratio	0.98	0.82	0.95	0.82	0.83	1.38
EV/EBITDA Ratio	6.19	6.23	7.62	6.38	6.36	9.11
EV/EBIT Ratio	9.59	8.29	10.51	8.42	8.45	11.66
EV/FCF Ratio	-	9.32	62.13	-	35.78	12.87
Net Debt / Equity Ratio	-0.32	-0.38	-0.36	-0.39	-0.49	-0.55
Net Debt / EBITDA Ratio	-2.00	-2.91	-2.89	-2.90	-3.89	-3.93
Net Debt / FCF Ratio	-	-4.35	-23.59	24.17	-21.90	-5.56
Asset Turnover	0.80	0.78	0.77	0.80	0.73	0.73
Inventory Turnover	3.76	3.80	3.35	3.64	4.64	5.22
Quick Ratio	2.58	2.55	2.38	2.15	2.43	2.88
Current Ratio	3.51	3.34	3.19	3.03	3.07	3.34
Return on Equity (ROE)	9.24%	8.27%	8.18%	8.39%	7.73%	9.05%
Return on Assets (ROA)	5.11%	4.82%	4.34%	4.88%	4.44%	5.37%
Return on Invested Capital (ROIC)	12.36%	12.02%	11.07%	13.88%	14.81%	17.92%
Return on Capital Employed (ROCE)	9.60%	9.20%	8.30%	9.50%	8.90%	10.20%
Earnings Yield	6.19%	6.23%	5.34%	5.51%	5.20%	4.33%
FCF Yield	-	8.53%	1.32%	-1.39%	1.85%	5.79%
Dividend Yield	2.49%	2.35%	1.79%	1.74%	1.64%	1.01%
Payout Ratio	-	33.46%	31.65%	27.38%	29.81%	19.56%
Buyback Yield / Dilution	1.77%	1.89%	2.15%	2.61%	1.77%	0.00%
Total Shareholder Return	4.26%	4.24%	3.93%	4.35%	3.41%	1.01%

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