View ValuationRinnai 향후 성장Future 기준 점검 1/6Rinnai (는) 각각 연간 2.4% 및 3.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 3.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.4% 로 예상됩니다.핵심 정보2.4%이익 성장률3.76%EPS 성장률Consumer Durables 이익 성장13.0%매출 성장률3.6%향후 자기자본이익률8.35%애널리스트 커버리지Good마지막 업데이트08 Jun 2026최근 향후 성장 업데이트분석 기사 • May 15Rinnai Corporation (TSE:5947) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that Rinnai Corporation ( TSE:5947 ) released its yearly result to the market. The early...분석 기사 • Feb 14Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...분석 기사 • Nov 09Rinnai Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...분석 기사 • Aug 08Rinnai Corporation (TSE:5947) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...분석 기사 • Feb 14Rinnai Corporation Just Recorded A 52% EPS Beat: Here's What Analysts Are Forecasting NextShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...분석 기사 • Nov 10Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsInvestors in Rinnai Corporation ( TSE:5947 ) had a good week, as its shares rose 2.2% to close at JP¥3,385 following...모든 업데이트 보기Recent updates공시 • Jun 12Rinnai Corporation to Report Q1, 2027 Results on Aug 06, 2026Rinnai Corporation announced that they will report Q1, 2027 results on Aug 06, 2026속보 • May 15Rinnai Delivers Record Results While Planning Sales Growth and New Global ExpansionRinnai reported record-high sales and profits, supported by higher value-added products, tight cost control and firm results in core markets such as Japan and Australia. The company absorbed all costs related to product recalls while still lifting overall margins, despite headwinds from tariffs and softer demand in the US and China. Management outlined a plan through fiscal 2027 that anticipates continued sales growth with profits holding roughly flat, alongside new initiatives in electrification and global expansion. The mix of record profitability and the ability to handle recall costs suggests Rinnai’s existing business model and product portfolio are currently resilient even as some overseas markets face weaker demand. The focus on electrification and further international expansion introduces new avenues for the business but also adds execution and regulatory risks that you should weigh against the guidance for largely flat profit levels through fiscal 2027.분석 기사 • May 15Rinnai Corporation (TSE:5947) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that Rinnai Corporation ( TSE:5947 ) released its yearly result to the market. The early...Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥260 (up from JP¥210 in FY 2025). Revenue: JP¥470.4b (up 2.2% from FY 2025). Net income: JP¥36.2b (up 22% from FY 2025). Profit margin: 7.7% (up from 6.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • May 12Rinnai Corporation, Annual General Meeting, Jun 26, 2026Rinnai Corporation, Annual General Meeting, Jun 26, 2026.Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).공시 • Mar 16Rinnai Corporation to Report Fiscal Year 2026 Results on May 12, 2026Rinnai Corporation announced that they will report fiscal year 2026 results on May 12, 2026분석 기사 • Feb 14Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...Reported Earnings • Feb 14Third quarter 2026 earnings: EPS exceeds analyst expectationsThird quarter 2026 results: EPS: JP¥83.97 (up from JP¥75.47 in 3Q 2025). Revenue: JP¥123.0b (up 2.3% from 3Q 2025). Net income: JP¥11.6b (up 9.3% from 3Q 2025). Profit margin: 9.4% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.분석 기사 • Jan 22Investors Appear Satisfied With Rinnai Corporation's (TSE:5947) ProspectsWith a median price-to-earnings (or "P/E") ratio of close to 15x in Japan, you could be forgiven for feeling...분석 기사 • Jan 06Are Rinnai Corporation (TSE:5947) Investors Paying Above The Intrinsic Value?Key Insights Rinnai's estimated fair value is JP¥3,019 based on 2 Stage Free Cash Flow to Equity Rinnai's JP¥4,033...분석 기사 • Dec 07Rinnai's (TSE:5947) Dividend Will Be ¥50.00Rinnai Corporation's ( TSE:5947 ) investors are due to receive a payment of ¥50.00 per share on 26th of June. This...Declared Dividend • Dec 06First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Dec 05Here's Why Rinnai (TSE:5947) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...공시 • Dec 05Rinnai Corporation to Report Q3, 2026 Results on Feb 12, 2026Rinnai Corporation announced that they will report Q3, 2026 results on Feb 12, 2026분석 기사 • Nov 09Rinnai Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...Reported Earnings • Nov 08Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: JP¥66.69 (up from JP¥38.25 in 2Q 2025). Revenue: JP¥113.7b (flat on 2Q 2025). Net income: JP¥9.30b (up 71% from 2Q 2025). Profit margin: 8.2% (up from 4.8% in 2Q 2025). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to JP¥3,412. The fair value is estimated to be JP¥4,267, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period.Buy Or Sell Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to JP¥3,438. The fair value is estimated to be JP¥4,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).분석 기사 • Sep 11Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥50.00 on...공시 • Sep 11Rinnai Corporation to Report Q2, 2026 Results on Nov 06, 2025Rinnai Corporation announced that they will report Q2, 2026 results on Nov 06, 2025분석 기사 • Aug 08Rinnai Corporation (TSE:5947) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...Reported Earnings • Aug 07First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥47.15 (down from JP¥47.71 in 1Q 2025). Revenue: JP¥102.7b (up 4.6% from 1Q 2025). Net income: JP¥6.62b (down 2.9% from 1Q 2025). Profit margin: 6.4% (down from 6.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.분석 기사 • Jul 23Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥50.00 on...분석 기사 • Jul 09Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥50.00 on the 8th of...Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (up from JP¥185 in FY 2024). Revenue: JP¥460.3b (up 7.0% from FY 2024). Net income: JP¥29.7b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.분석 기사 • Jun 25Rinnai (TSE:5947) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...공시 • Jun 10Rinnai Corporation to Report Q1, 2026 Results on Aug 06, 2025Rinnai Corporation announced that they will report Q1, 2026 results on Aug 06, 2025Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (up from JP¥185 in FY 2024). Revenue: JP¥460.3b (up 7.0% from FY 2024). Net income: JP¥29.7b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.공시 • May 10Rinnai Corporation (TSE:5947) announces an Equity Buyback for 4,000,000 shares, representing 2.84% for ¥10,000 million.Rinnai Corporation (TSE:5947) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.84% of its share capital, for ¥10,000 million. The purpose of the program is to increase corporate value by enhancing shareholder returns and improving capital efficiency. The program will expire on November 28, 2025. As of March 31, 2025, the company had 140,639,588 shares outstanding (excluding treasury shares) and 3,248,983 shares in treasury.공시 • May 09Rinnai Corporation, Annual General Meeting, Jun 25, 2025Rinnai Corporation, Annual General Meeting, Jun 25, 2025.분석 기사 • Apr 10Some Shareholders Feeling Restless Over Rinnai Corporation's (TSE:5947) P/E RatioWith a median price-to-earnings (or "P/E") ratio of close to 12x in Japan, you could be forgiven for feeling...공시 • Apr 10Rinnai Corporation to Report Fiscal Year 2025 Results on May 09, 2025Rinnai Corporation announced that they will report fiscal year 2025 results on May 09, 2025Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).Buy Or Sell Opportunity • Feb 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to JP¥3,324. The fair value is estimated to be JP¥2,770, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 9.7%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.분석 기사 • Feb 14Rinnai Corporation Just Recorded A 52% EPS Beat: Here's What Analysts Are Forecasting NextShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...Reported Earnings • Feb 13Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥75.47 (up from JP¥66.05 in 3Q 2024). Revenue: JP¥120.2b (up 2.3% from 3Q 2024). Net income: JP¥10.6b (up 12% from 3Q 2024). Profit margin: 8.8% (up from 8.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 04The Returns At Rinnai (TSE:5947) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...분석 기사 • Jan 17Is Rinnai Corporation (TSE:5947) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Rinnai fair value estimate is JP¥2,664 Rinnai is estimated to...분석 기사 • Dec 21Rinnai's (TSE:5947) Dividend Will Be ¥40.00Rinnai Corporation's ( TSE:5947 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. This...공시 • Dec 18Rinnai Corporation to Report Q3, 2025 Results on Feb 12, 2025Rinnai Corporation announced that they will report Q3, 2025 results on Feb 12, 2025분석 기사 • Dec 07Rinnai (TSE:5947) Has Announced A Dividend Of ¥40.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend on the 30th of June, with...Declared Dividend • Dec 07First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Nov 10Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsInvestors in Rinnai Corporation ( TSE:5947 ) had a good week, as its shares rose 2.2% to close at JP¥3,385 following...Reported Earnings • Nov 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥38.25 (up from JP¥31.96 in 2Q 2024). Revenue: JP¥113.9b (up 11% from 2Q 2024). Net income: JP¥5.43b (up 18% from 2Q 2024). Profit margin: 4.8% (up from 4.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.분석 기사 • Nov 04Rinnai (TSE:5947) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...분석 기사 • Sep 25Rinnai's (TSE:5947) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥40.00 on the 9th of...Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).분석 기사 • Sep 06Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥40.00 on...공시 • Sep 06Rinnai Corporation to Report Q2, 2025 Results on Nov 07, 2024Rinnai Corporation announced that they will report Q2, 2025 results on Nov 07, 2024분석 기사 • Aug 21Rinnai (TSE:5947) Has Announced That It Will Be Increasing Its Dividend To ¥40.00Rinnai Corporation ( TSE:5947 ) has announced that it will be increasing its dividend from last year's comparable...분석 기사 • Aug 09Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsIt's been a sad week for Rinnai Corporation ( TSE:5947 ), who've watched their investment drop 11% to JP¥3,041 in the...Reported Earnings • Aug 09First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: JP¥47.71 (up from JP¥22.49 in 1Q 2024). Revenue: JP¥98.2b (up 9.3% from 1Q 2024). Net income: JP¥6.82b (up 107% from 1Q 2024). Profit margin: 6.9% (up from 3.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 42%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥2,992. The fair value is estimated to be JP¥3,978, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has declined by 5.4%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.분석 기사 • Jul 26Rinnai (TSE:5947) Is Paying Out A Larger Dividend Than Last YearThe board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥40.00 on the 9th of...분석 기사 • Jul 11Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00Rinnai Corporation ( TSE:5947 ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but not covered by cash flows (190% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • May 13Rinnai Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearIt's been a pretty great week for Rinnai Corporation ( TSE:5947 ) shareholders, with its shares surging 13% to JP¥3,822...Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥185 (up from JP¥177 in FY 2023). Revenue: JP¥430.2b (up 1.2% from FY 2023). Net income: JP¥26.7b (up 2.2% from FY 2023). Profit margin: 6.2% (up from 6.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • May 11Rinnai Corporation, Annual General Meeting, Jun 27, 2024Rinnai Corporation, Annual General Meeting, Jun 27, 2024.공시 • May 09Rinnai Corporation (TSE:5947) announces an Equity Buyback for 4,000,000 shares, representing 2.79% for ¥10,000 million.Rinnai Corporation (TSE:5947) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.79% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to further increase corporate value by enhancing shareholder returns and improving capital efficiency. The program will expire on January 31, 2025. As of March 31, 2024, the company had 143,203,548 shares outstanding (excluding treasury shares) and 3,473,623 shares in treasury.Buy Or Sell Opportunity • Apr 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to JP¥3,350. The fair value is estimated to be JP¥2,786, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 6.4%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.분석 기사 • Apr 17Calculating The Fair Value Of Rinnai Corporation (TSE:5947)Key Insights The projected fair value for Rinnai is JP¥2,784 based on 2 Stage Free Cash Flow to Equity With JP¥3,308...분석 기사 • Mar 25Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend on the 1st of July, with...Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.6%).분석 기사 • Mar 03Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend of ¥30.00 per share on the 1st...공시 • Mar 02Rinnai Corporation to Report Fiscal Year 2024 Results on May 09, 2024Rinnai Corporation announced that they will report fiscal year 2024 results on May 09, 2024Price Target Changed • Feb 29Price target increased by 7.3% to JP¥3,560Up from JP¥3,319, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥3,489. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of JP¥164 for next year compared to JP¥177 last year.분석 기사 • Feb 29Getting In Cheap On Rinnai Corporation (TSE:5947) Might Be DifficultRinnai Corporation's ( TSE:5947 ) price-to-earnings (or "P/E") ratio of 22.7x might make it look like a strong sell...Reported Earnings • Feb 10Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥66.05 (up from JP¥54.85 in 3Q 2023). Revenue: JP¥117.5b (down 1.9% from 3Q 2023). Net income: JP¥9.47b (up 18% from 3Q 2023). Profit margin: 8.1% (up from 6.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.공시 • Feb 09Rinnai Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Rinnai Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 30.00 per share against JPY 85.00 per share paid a year ago.공시 • Dec 03Rinnai Corporation to Report Q3, 2024 Results on Feb 08, 2024Rinnai Corporation announced that they will report Q3, 2024 results on Feb 08, 2024Reported Earnings • Nov 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥31.95 (down from JP¥43.13 in 2Q 2023). Revenue: JP¥102.8b (up 3.5% from 2Q 2023). Net income: JP¥4.61b (down 28% from 2Q 2023). Profit margin: 4.5% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%).공시 • Aug 31Rinnai Corporation to Report Q2, 2024 Results on Nov 07, 2023Rinnai Corporation announced that they will report Q2, 2024 results on Nov 07, 2023Reported Earnings • Aug 09First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥22.49 (down from JP¥46.99 in 1Q 2023). Revenue: JP¥89.9b (down 5.4% from 1Q 2023). Net income: JP¥3.29b (down 53% from 1Q 2023). Profit margin: 3.7% (down from 7.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.공시 • Jun 09Rinnai Corporation to Report Q1, 2024 Results on Aug 04, 2023Rinnai Corporation announced that they will report Q1, 2024 results on Aug 04, 2023공시 • May 12+ 1 more updateRinnai Corporation Announces Dividend for the Year Ended March 31, 2023, Dividend Payable on June 30, 2023Rinnai Corporation announced dividend of JPY 85 per share for the year ended March 31, 2023, payable on June 30, 2023.Reported Earnings • May 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥531 (up from JP¥157 in FY 2022). Revenue: JP¥425.2b (up 16% from FY 2022). Net income: JP¥26.1b (up 9.9% from FY 2022). Profit margin: 6.1% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • May 10+ 1 more updateRinnai Corporation, Annual General Meeting, Jun 29, 2023Rinnai Corporation, Annual General Meeting, Jun 29, 2023.Price Target Changed • Apr 01Price target decreased by 7.4% to JP¥3,638Down from JP¥3,927, the current price target is an average from 7 analysts. New target price is 12% above last closing price of JP¥3,235. Stock is up 7.7% over the past year. The company posted earnings per share of JP¥157 last year.Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%).Reported Earnings • Feb 09Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥165 (up from JP¥103 in 3Q 2022). Revenue: JP¥119.7b (up 27% from 3Q 2022). Net income: JP¥8.04b (up 57% from 3Q 2022). Profit margin: 6.7% (up from 5.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.공시 • Feb 08+ 1 more updateRinnai Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Rinnai Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects net sales to be JPY 425,000 million, Operating profit to be JPY 44,000 million, profit attributable to owners of parent to be JPY 29,500 million or JPY 599.97 per basic share.공시 • Dec 07Rinnai Corporation to Report Q3, 2023 Results on Feb 08, 2023Rinnai Corporation announced that they will report Q3, 2023 results on Feb 08, 2023Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Takashi Kamio was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 06Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: JP¥129 (down from JP¥139 in 2Q 2022). Revenue: JP¥99.3b (up 4.3% from 2Q 2022). Net income: JP¥6.37b (down 9.7% from 2Q 2022). Profit margin: 6.4% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.공시 • Nov 05+ 1 more updateRinnai Corporation Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023Rinnai Corporation provided dividend guidance for the second quarter and full year ending March 31, 2023. For the second quarter, the company expected dividend of JPY 75 per share compared to JPY 70 per share paid a year ago. For the full year, the company expected dividend of JPY 75 per share compared to JPY 70 per share paid a year ago.Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.9%).공시 • Sep 07Rinnai Corporation to Report Q2, 2023 Results on Nov 04, 2022Rinnai Corporation announced that they will report Q2, 2023 results on Nov 04, 2022Reported Earnings • Aug 07First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥141 (up from JP¥120 in 1Q 2022). Revenue: JP¥95.0b (up 12% from 1Q 2022). Net income: JP¥7.01b (up 13% from 1Q 2022). Profit margin: 7.4% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 118%. Over the next year, revenue is forecast to grow 9.4%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year.공시 • Aug 06Rinnai Corporation Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023Rinnai Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 180,000 million, operating profit of JPY 14,000 million, profit attributable to owners of parent of JPY 9,000 million and basic earnings per share of JPY 181.24. For the fiscal year, the company expected net sales of JPY 400,000 million, operating profit of JPY 41,000 million, profit attributable to owners of parent of JPY 25,500 million and basic earnings per share of JPY 517.63.이익 및 매출 성장 예측TSE:5947 - 애널리스트 향후 추정치 및 과거 재무 데이터 (JPY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2029536,87139,73832,24154,51973/31/2028517,25737,17326,60950,86473/31/2027502,03835,35227,24245,60783/31/2026470,39236,16034,00749,298N/A12/31/2025467,39134,351N/AN/AN/A9/30/2025464,61033,36249,65564,182N/A6/30/2025464,88329,496N/AN/AN/A3/31/2025460,31929,69140,10157,502N/A12/31/2024452,34332,170N/AN/AN/A9/30/2024449,61631,01233,25151,142N/A6/30/2024438,51830,196N/AN/AN/A3/31/2024430,18626,6675,98743,347N/A12/31/2023421,29822,048N/AN/AN/A9/30/2023423,57620,616-28,46115,389N/A6/30/2023420,07622,370N/AN/AN/A3/31/2023425,22926,096-7,32219,387N/A12/31/2022406,51526,806N/AN/AN/A9/30/2022380,81123,8834,32227,175N/A6/30/2022376,68424,570N/AN/AN/A3/31/2022366,18523,7487,85728,696N/A12/31/2021372,62126,604N/AN/AN/A9/30/2021375,14030,79934,28350,669N/A6/30/2021360,28530,010N/AN/AN/A3/31/2021344,36427,58136,21049,491N/A12/31/2020334,11525,549N/AN/AN/A9/30/2020329,04423,60030,08541,606N/A6/30/2020335,11522,040N/AN/AN/A3/31/2020340,46021,56127,30137,694N/A12/31/2019342,97320,817N/AN/AN/A9/30/2019345,63319,668N/A29,731N/A6/30/2019342,68719,656N/AN/AN/A3/31/2019348,02220,480N/A29,479N/A12/31/2018349,29919,521N/AN/AN/A9/30/2018350,06920,561N/A33,549N/A6/30/2018350,28520,758N/AN/AN/A3/31/2018347,07121,194N/A29,914N/A12/31/2017341,58121,960N/AN/AN/A9/30/2017334,90222,806N/A31,255N/A6/30/2017331,78923,000N/AN/AN/A3/31/2017330,25622,322N/A39,554N/A12/31/2016326,44822,190N/AN/AN/A9/30/2016325,60121,725N/A37,803N/A6/30/2016324,95222,203N/AN/AN/A3/31/2016319,93522,710N/A36,066N/A12/31/2015313,58822,235N/AN/AN/A9/30/2015307,69421,876N/A33,503N/A6/30/2015299,31220,481N/AN/AN/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5947 의 연간 예상 수익 증가율(2.4%)이 saving rate(0.8%)보다 높습니다.수익 vs 시장: 5947 의 연간 수익(2.4%)이 JP 시장(9.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 5947 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 5947 의 수익(연간 3.6%)이 JP 시장(연간 6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 5947 의 수익(연간 3.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5947의 자본 수익률은 3년 후 8.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-durables 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 16:17종가2026/06/12 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Rinnai Corporation는 14명의 분석가가 다루고 있습니다. 이 중 8명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Takashi HashimotoBarclaysAsuka InamiBofA Global ResearchTakashi HashimotoCitigroup Inc11명의 분석가 더 보기
분석 기사 • May 15Rinnai Corporation (TSE:5947) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that Rinnai Corporation ( TSE:5947 ) released its yearly result to the market. The early...
분석 기사 • Feb 14Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...
분석 기사 • Nov 09Rinnai Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...
분석 기사 • Aug 08Rinnai Corporation (TSE:5947) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...
분석 기사 • Feb 14Rinnai Corporation Just Recorded A 52% EPS Beat: Here's What Analysts Are Forecasting NextShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...
분석 기사 • Nov 10Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsInvestors in Rinnai Corporation ( TSE:5947 ) had a good week, as its shares rose 2.2% to close at JP¥3,385 following...
공시 • Jun 12Rinnai Corporation to Report Q1, 2027 Results on Aug 06, 2026Rinnai Corporation announced that they will report Q1, 2027 results on Aug 06, 2026
속보 • May 15Rinnai Delivers Record Results While Planning Sales Growth and New Global ExpansionRinnai reported record-high sales and profits, supported by higher value-added products, tight cost control and firm results in core markets such as Japan and Australia. The company absorbed all costs related to product recalls while still lifting overall margins, despite headwinds from tariffs and softer demand in the US and China. Management outlined a plan through fiscal 2027 that anticipates continued sales growth with profits holding roughly flat, alongside new initiatives in electrification and global expansion. The mix of record profitability and the ability to handle recall costs suggests Rinnai’s existing business model and product portfolio are currently resilient even as some overseas markets face weaker demand. The focus on electrification and further international expansion introduces new avenues for the business but also adds execution and regulatory risks that you should weigh against the guidance for largely flat profit levels through fiscal 2027.
분석 기사 • May 15Rinnai Corporation (TSE:5947) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?Last week, you might have seen that Rinnai Corporation ( TSE:5947 ) released its yearly result to the market. The early...
Reported Earnings • May 13Full year 2026 earnings: EPS exceeds analyst expectationsFull year 2026 results: EPS: JP¥260 (up from JP¥210 in FY 2025). Revenue: JP¥470.4b (up 2.2% from FY 2025). Net income: JP¥36.2b (up 22% from FY 2025). Profit margin: 7.7% (up from 6.5% in FY 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • May 12Rinnai Corporation, Annual General Meeting, Jun 26, 2026Rinnai Corporation, Annual General Meeting, Jun 26, 2026.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 30 March 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.6%).
공시 • Mar 16Rinnai Corporation to Report Fiscal Year 2026 Results on May 12, 2026Rinnai Corporation announced that they will report fiscal year 2026 results on May 12, 2026
분석 기사 • Feb 14Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...
Reported Earnings • Feb 14Third quarter 2026 earnings: EPS exceeds analyst expectationsThird quarter 2026 results: EPS: JP¥83.97 (up from JP¥75.47 in 3Q 2025). Revenue: JP¥123.0b (up 2.3% from 3Q 2025). Net income: JP¥11.6b (up 9.3% from 3Q 2025). Profit margin: 9.4% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jan 22Investors Appear Satisfied With Rinnai Corporation's (TSE:5947) ProspectsWith a median price-to-earnings (or "P/E") ratio of close to 15x in Japan, you could be forgiven for feeling...
분석 기사 • Jan 06Are Rinnai Corporation (TSE:5947) Investors Paying Above The Intrinsic Value?Key Insights Rinnai's estimated fair value is JP¥3,019 based on 2 Stage Free Cash Flow to Equity Rinnai's JP¥4,033...
분석 기사 • Dec 07Rinnai's (TSE:5947) Dividend Will Be ¥50.00Rinnai Corporation's ( TSE:5947 ) investors are due to receive a payment of ¥50.00 per share on 26th of June. This...
Declared Dividend • Dec 06First half dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 30th March 2026 Payment date: 26th June 2026 Dividend yield will be 2.6%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 26% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Dec 05Here's Why Rinnai (TSE:5947) Has Caught The Eye Of InvestorsFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
공시 • Dec 05Rinnai Corporation to Report Q3, 2026 Results on Feb 12, 2026Rinnai Corporation announced that they will report Q3, 2026 results on Feb 12, 2026
분석 기사 • Nov 09Rinnai Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...
Reported Earnings • Nov 08Second quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2026 results: EPS: JP¥66.69 (up from JP¥38.25 in 2Q 2025). Revenue: JP¥113.7b (flat on 2Q 2025). Net income: JP¥9.30b (up 71% from 2Q 2025). Profit margin: 8.2% (up from 4.8% in 2Q 2025). Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.8% to JP¥3,412. The fair value is estimated to be JP¥4,267, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 7.9% per annum over the same time period.
Buy Or Sell Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to JP¥3,438. The fair value is estimated to be JP¥4,301, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 8.1% per annum over the same time period.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥50.00 per shareEligible shareholders must have bought the stock before 29 September 2025. Payment date: 08 December 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.4%).
분석 기사 • Sep 11Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥50.00 on...
공시 • Sep 11Rinnai Corporation to Report Q2, 2026 Results on Nov 06, 2025Rinnai Corporation announced that they will report Q2, 2026 results on Nov 06, 2025
분석 기사 • Aug 08Rinnai Corporation (TSE:5947) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This YearIt's been a good week for Rinnai Corporation ( TSE:5947 ) shareholders, because the company has just released its...
Reported Earnings • Aug 07First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥47.15 (down from JP¥47.71 in 1Q 2025). Revenue: JP¥102.7b (up 4.6% from 1Q 2025). Net income: JP¥6.62b (down 2.9% from 1Q 2025). Profit margin: 6.4% (down from 6.9% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jul 23Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥50.00 on...
분석 기사 • Jul 09Rinnai (TSE:5947) Is Increasing Its Dividend To ¥50.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥50.00 on the 8th of...
Declared Dividend • Jul 09Final dividend of JP¥50.00 announcedShareholders will receive a dividend of JP¥50.00. Ex-date: 29th September 2025 Payment date: 8th December 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (35% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 29Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (up from JP¥185 in FY 2024). Revenue: JP¥460.3b (up 7.0% from FY 2024). Net income: JP¥29.7b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jun 25Rinnai (TSE:5947) Hasn't Managed To Accelerate Its ReturnsIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
공시 • Jun 10Rinnai Corporation to Report Q1, 2026 Results on Aug 06, 2025Rinnai Corporation announced that they will report Q1, 2026 results on Aug 06, 2025
Reported Earnings • May 10Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: JP¥210 (up from JP¥185 in FY 2024). Revenue: JP¥460.3b (up 7.0% from FY 2024). Net income: JP¥29.7b (up 11% from FY 2024). Profit margin: 6.5% (up from 6.2% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.5%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
공시 • May 10Rinnai Corporation (TSE:5947) announces an Equity Buyback for 4,000,000 shares, representing 2.84% for ¥10,000 million.Rinnai Corporation (TSE:5947) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.84% of its share capital, for ¥10,000 million. The purpose of the program is to increase corporate value by enhancing shareholder returns and improving capital efficiency. The program will expire on November 28, 2025. As of March 31, 2025, the company had 140,639,588 shares outstanding (excluding treasury shares) and 3,248,983 shares in treasury.
공시 • May 09Rinnai Corporation, Annual General Meeting, Jun 25, 2025Rinnai Corporation, Annual General Meeting, Jun 25, 2025.
분석 기사 • Apr 10Some Shareholders Feeling Restless Over Rinnai Corporation's (TSE:5947) P/E RatioWith a median price-to-earnings (or "P/E") ratio of close to 12x in Japan, you could be forgiven for feeling...
공시 • Apr 10Rinnai Corporation to Report Fiscal Year 2025 Results on May 09, 2025Rinnai Corporation announced that they will report fiscal year 2025 results on May 09, 2025
Upcoming Dividend • Mar 21Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
Buy Or Sell Opportunity • Feb 19Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.6% to JP¥3,324. The fair value is estimated to be JP¥2,770, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 9.7%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period.
분석 기사 • Feb 14Rinnai Corporation Just Recorded A 52% EPS Beat: Here's What Analysts Are Forecasting NextShareholders might have noticed that Rinnai Corporation ( TSE:5947 ) filed its quarterly result this time last week...
Reported Earnings • Feb 13Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: JP¥75.47 (up from JP¥66.05 in 3Q 2024). Revenue: JP¥120.2b (up 2.3% from 3Q 2024). Net income: JP¥10.6b (up 12% from 3Q 2024). Profit margin: 8.8% (up from 8.1% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, while revenues in the Consumer Durables industry in Japan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 04The Returns At Rinnai (TSE:5947) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
분석 기사 • Jan 17Is Rinnai Corporation (TSE:5947) Expensive For A Reason? A Look At Its Intrinsic ValueKey Insights Using the 2 Stage Free Cash Flow to Equity, Rinnai fair value estimate is JP¥2,664 Rinnai is estimated to...
분석 기사 • Dec 21Rinnai's (TSE:5947) Dividend Will Be ¥40.00Rinnai Corporation's ( TSE:5947 ) investors are due to receive a payment of ¥40.00 per share on 30th of June. This...
공시 • Dec 18Rinnai Corporation to Report Q3, 2025 Results on Feb 12, 2025Rinnai Corporation announced that they will report Q3, 2025 results on Feb 12, 2025
분석 기사 • Dec 07Rinnai (TSE:5947) Has Announced A Dividend Of ¥40.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend on the 30th of June, with...
Declared Dividend • Dec 07First half dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 2.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Nov 10Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsInvestors in Rinnai Corporation ( TSE:5947 ) had a good week, as its shares rose 2.2% to close at JP¥3,385 following...
Reported Earnings • Nov 09Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: JP¥38.25 (up from JP¥31.96 in 2Q 2024). Revenue: JP¥113.9b (up 11% from 2Q 2024). Net income: JP¥5.43b (up 18% from 2Q 2024). Profit margin: 4.8% (up from 4.5% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 04Rinnai (TSE:5947) Has Some Way To Go To Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
분석 기사 • Sep 25Rinnai's (TSE:5947) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥40.00 on the 9th of...
Upcoming Dividend • Sep 20Upcoming dividend of JP¥40.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 09 December 2024. Payout ratio is a comfortable 29% but the company is paying out more than the cash it is generating. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.8%).
분석 기사 • Sep 06Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00Rinnai Corporation's ( TSE:5947 ) dividend will be increasing from last year's payment of the same period to ¥40.00 on...
공시 • Sep 06Rinnai Corporation to Report Q2, 2025 Results on Nov 07, 2024Rinnai Corporation announced that they will report Q2, 2025 results on Nov 07, 2024
분석 기사 • Aug 21Rinnai (TSE:5947) Has Announced That It Will Be Increasing Its Dividend To ¥40.00Rinnai Corporation ( TSE:5947 ) has announced that it will be increasing its dividend from last year's comparable...
분석 기사 • Aug 09Earnings Beat: Rinnai Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsIt's been a sad week for Rinnai Corporation ( TSE:5947 ), who've watched their investment drop 11% to JP¥3,041 in the...
Reported Earnings • Aug 09First quarter 2025 earnings: EPS exceeds analyst expectationsFirst quarter 2025 results: EPS: JP¥47.71 (up from JP¥22.49 in 1Q 2024). Revenue: JP¥98.2b (up 9.3% from 1Q 2024). Net income: JP¥6.82b (up 107% from 1Q 2024). Profit margin: 6.9% (up from 3.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 42%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to JP¥2,992. The fair value is estimated to be JP¥3,978, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has declined by 5.4%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 6.7% per annum over the same time period.
분석 기사 • Jul 26Rinnai (TSE:5947) Is Paying Out A Larger Dividend Than Last YearThe board of Rinnai Corporation ( TSE:5947 ) has announced that it will be paying its dividend of ¥40.00 on the 9th of...
분석 기사 • Jul 11Rinnai (TSE:5947) Is Increasing Its Dividend To ¥40.00Rinnai Corporation ( TSE:5947 ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Jul 11Final dividend of JP¥40.00 announcedShareholders will receive a dividend of JP¥40.00. Ex-date: 27th September 2024 Payment date: 9th December 2024 Dividend yield will be 1.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (19% earnings payout ratio) but not covered by cash flows (190% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • May 13Rinnai Corporation Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearIt's been a pretty great week for Rinnai Corporation ( TSE:5947 ) shareholders, with its shares surging 13% to JP¥3,822...
Reported Earnings • May 11Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: JP¥185 (up from JP¥177 in FY 2023). Revenue: JP¥430.2b (up 1.2% from FY 2023). Net income: JP¥26.7b (up 2.2% from FY 2023). Profit margin: 6.2% (up from 6.1% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • May 11Rinnai Corporation, Annual General Meeting, Jun 27, 2024Rinnai Corporation, Annual General Meeting, Jun 27, 2024.
공시 • May 09Rinnai Corporation (TSE:5947) announces an Equity Buyback for 4,000,000 shares, representing 2.79% for ¥10,000 million.Rinnai Corporation (TSE:5947) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, representing 2.79% of its share capital, for ¥10,000 million. The company will repurchase its shares in order to further increase corporate value by enhancing shareholder returns and improving capital efficiency. The program will expire on January 31, 2025. As of March 31, 2024, the company had 143,203,548 shares outstanding (excluding treasury shares) and 3,473,623 shares in treasury.
Buy Or Sell Opportunity • Apr 18Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.2% to JP¥3,350. The fair value is estimated to be JP¥2,786, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has declined by 6.4%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
분석 기사 • Apr 17Calculating The Fair Value Of Rinnai Corporation (TSE:5947)Key Insights The projected fair value for Rinnai is JP¥2,784 based on 2 Stage Free Cash Flow to Equity With JP¥3,308...
분석 기사 • Mar 25Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend on the 1st of July, with...
Upcoming Dividend • Mar 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.2%). In line with average of industry peers (1.6%).
분석 기사 • Mar 03Rinnai (TSE:5947) Is Due To Pay A Dividend Of ¥30.00The board of Rinnai Corporation ( TSE:5947 ) has announced that it will pay a dividend of ¥30.00 per share on the 1st...
공시 • Mar 02Rinnai Corporation to Report Fiscal Year 2024 Results on May 09, 2024Rinnai Corporation announced that they will report fiscal year 2024 results on May 09, 2024
Price Target Changed • Feb 29Price target increased by 7.3% to JP¥3,560Up from JP¥3,319, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of JP¥3,489. Stock is up 9.3% over the past year. The company is forecast to post earnings per share of JP¥164 for next year compared to JP¥177 last year.
분석 기사 • Feb 29Getting In Cheap On Rinnai Corporation (TSE:5947) Might Be DifficultRinnai Corporation's ( TSE:5947 ) price-to-earnings (or "P/E") ratio of 22.7x might make it look like a strong sell...
Reported Earnings • Feb 10Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥66.05 (up from JP¥54.85 in 3Q 2023). Revenue: JP¥117.5b (down 1.9% from 3Q 2023). Net income: JP¥9.47b (up 18% from 3Q 2023). Profit margin: 8.1% (up from 6.7% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 4% per year.
공시 • Feb 09Rinnai Corporation Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024Rinnai Corporation provided dividend guidance for the fiscal year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 30.00 per share against JPY 85.00 per share paid a year ago.
공시 • Dec 03Rinnai Corporation to Report Q3, 2024 Results on Feb 08, 2024Rinnai Corporation announced that they will report Q3, 2024 results on Feb 08, 2024
Reported Earnings • Nov 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥31.95 (down from JP¥43.13 in 2Q 2023). Revenue: JP¥102.8b (up 3.5% from 2Q 2023). Net income: JP¥4.61b (down 28% from 2Q 2023). Profit margin: 4.5% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 3.8%. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥30.00 per share at 2.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 35% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.6%).
공시 • Aug 31Rinnai Corporation to Report Q2, 2024 Results on Nov 07, 2023Rinnai Corporation announced that they will report Q2, 2024 results on Nov 07, 2023
Reported Earnings • Aug 09First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: EPS: JP¥22.49 (down from JP¥46.99 in 1Q 2023). Revenue: JP¥89.9b (down 5.4% from 1Q 2023). Net income: JP¥3.29b (down 53% from 1Q 2023). Profit margin: 3.7% (down from 7.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year.
공시 • Jun 09Rinnai Corporation to Report Q1, 2024 Results on Aug 04, 2023Rinnai Corporation announced that they will report Q1, 2024 results on Aug 04, 2023
공시 • May 12+ 1 more updateRinnai Corporation Announces Dividend for the Year Ended March 31, 2023, Dividend Payable on June 30, 2023Rinnai Corporation announced dividend of JPY 85 per share for the year ended March 31, 2023, payable on June 30, 2023.
Reported Earnings • May 12Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: JP¥531 (up from JP¥157 in FY 2022). Revenue: JP¥425.2b (up 16% from FY 2022). Net income: JP¥26.1b (up 9.9% from FY 2022). Profit margin: 6.1% (down from 6.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • May 10+ 1 more updateRinnai Corporation, Annual General Meeting, Jun 29, 2023Rinnai Corporation, Annual General Meeting, Jun 29, 2023.
Price Target Changed • Apr 01Price target decreased by 7.4% to JP¥3,638Down from JP¥3,927, the current price target is an average from 7 analysts. New target price is 12% above last closing price of JP¥3,235. Stock is up 7.7% over the past year. The company posted earnings per share of JP¥157 last year.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥75.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 27% but the company is paying out more than the cash it is generating. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.8%).
Reported Earnings • Feb 09Third quarter 2023 earnings: EPS and revenues exceed analyst expectationsThird quarter 2023 results: EPS: JP¥165 (up from JP¥103 in 3Q 2022). Revenue: JP¥119.7b (up 27% from 3Q 2022). Net income: JP¥8.04b (up 57% from 3Q 2022). Profit margin: 6.7% (up from 5.4% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year.
공시 • Feb 08+ 1 more updateRinnai Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023Rinnai Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2023. The company expects net sales to be JPY 425,000 million, Operating profit to be JPY 44,000 million, profit attributable to owners of parent to be JPY 29,500 million or JPY 599.97 per basic share.
공시 • Dec 07Rinnai Corporation to Report Q3, 2023 Results on Feb 08, 2023Rinnai Corporation announced that they will report Q3, 2023 results on Feb 08, 2023
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Outside Director Takashi Kamio was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 06Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: JP¥129 (down from JP¥139 in 2Q 2022). Revenue: JP¥99.3b (up 4.3% from 2Q 2022). Net income: JP¥6.37b (down 9.7% from 2Q 2022). Profit margin: 6.4% (down from 7.4% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 1.3%. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Consumer Durables industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 4% per year.
공시 • Nov 05+ 1 more updateRinnai Corporation Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2023Rinnai Corporation provided dividend guidance for the second quarter and full year ending March 31, 2023. For the second quarter, the company expected dividend of JPY 75 per share compared to JPY 70 per share paid a year ago. For the full year, the company expected dividend of JPY 75 per share compared to JPY 70 per share paid a year ago.
Upcoming Dividend • Sep 22Upcoming dividend of JP¥75.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 06 December 2022. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.9%).
공시 • Sep 07Rinnai Corporation to Report Q2, 2023 Results on Nov 04, 2022Rinnai Corporation announced that they will report Q2, 2023 results on Nov 04, 2022
Reported Earnings • Aug 07First quarter 2023 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2023 results: EPS: JP¥141 (up from JP¥120 in 1Q 2022). Revenue: JP¥95.0b (up 12% from 1Q 2022). Net income: JP¥7.01b (up 13% from 1Q 2022). Profit margin: 7.4% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Earnings per share (EPS) also surpassed analyst estimates by 118%. Over the next year, revenue is forecast to grow 9.4%, compared to a 11% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 16% per year.
공시 • Aug 06Rinnai Corporation Provides Consolidated Earnings Guidance for the First Half and Fiscal Year Ending March 31, 2023Rinnai Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 180,000 million, operating profit of JPY 14,000 million, profit attributable to owners of parent of JPY 9,000 million and basic earnings per share of JPY 181.24. For the fiscal year, the company expected net sales of JPY 400,000 million, operating profit of JPY 41,000 million, profit attributable to owners of parent of JPY 25,500 million and basic earnings per share of JPY 517.63.