Rinnai Corporation

OTCPK:RINI.F Stock Report

Market Cap: US$3.1b

Rinnai Management

Management criteria checks 3/4

Rinnai's CEO is Hiroyasu Naito, appointed in Nov 2005, has a tenure of 20.75 years. total yearly compensation is ¥114.00M, comprised of 58.8% salary and 41.2% bonuses, including company stock and options. directly owns 18.55% of the company’s shares, worth $580.25M. The average tenure of the management team and the board of directors is 2.6 years and 3.2 years respectively.

Key information

Hiroyasu Naito

Chief executive officer

JP¥114.0m

Total compensation

CEO salary percentage58.77%
CEO tenure20.8yrs
CEO ownership18.6%
Management average tenure2.6yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hiroyasu Naito's remuneration changed compared to Rinnai's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

JP¥36b

Mar 31 2026n/an/a

JP¥36b

Dec 31 2025n/an/a

JP¥34b

Sep 30 2025n/an/a

JP¥33b

Jun 30 2025n/an/a

JP¥29b

Mar 31 2025JP¥114mJP¥67m

JP¥30b

Compensation vs Market: Hiroyasu's total compensation ($USD714.10K) is below average for companies of similar size in the US market ($USD6.92M).

Compensation vs Earnings: Insufficient data to compare Hiroyasu's compensation with company performance.


CEO

Hiroyasu Naito (71 yo)

20.8yrs
Tenure
JP¥114,000,000
Compensation

Mr. Hiroyasu Naito serves as an Independent Outside Director of Nagoya Railroad Co., Ltd. since June 2020. Mr. Naito serves as Representative Director, President of the Rinnai Corporation since November 20...


Leadership Team

NamePositionTenureCompensationOwnership
Hiroyasu Naito
President20.8yrsJP¥114.00m18.55%
$ 580.3m
Yasunobu Takemoto
Exe. Off.1.6yrsno datano data
Hideyuki Shiraki
Senior Managing Executive Officer6.2yrsno data0.0087%
$ 271.8k
Takuya Ogawa
Managing Executive Officer & Chief of Corporate Administration Headquartersless than a yearno datano data
Kenji Endo
Managing Exe. Off.1.6yrsno datano data
Hirohisa Ooi
Senior Managing Executive Officer5.6yrsno datano data
Kazuto Inoue
Senior Managing Executive Officer5.6yrsno data0.0072%
$ 226.4k
Yoshihiko Takasu
Mana Exe. Officer2.6yrsno datano data
Hayao Nishizawa
Managing Executive Officer3.6yrsno datano data
Hiroyuki Hoyano
Senior Exec. Officerno datano datano data
Keiichi Mizutani
Exec. Officerless than a yearno datano data
Takeshi Umemura
Executive Officer & President of Gastar Co.less than a yearno datano data
2.6yrs
Average Tenure
62.5yo
Average Age

Experienced Management: RINI.F's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hiroyasu Naito
President35.2yrsJP¥114.00m18.55%
$ 580.3m
Hideyuki Shiraki
Senior Managing Executive Officer3.2yrsno data0.0087%
$ 271.8k
Hirohisa Ooi
Senior Managing Executive Officerless than a yearno datano data
Kazuto Inoue
Senior Managing Executive Officer3.2yrsno data0.0072%
$ 226.4k
Nobuaki Katoh
Independent Outside Directorless than a yearno datano data
Kenji Hayashi
Chairman47.9yrsJP¥114.00m5.34%
$ 166.9m
Masanori Shimizu
Member of Audit & Supervisory Board3.2yrsno data0.0022%
$ 67.9k
Masaaki Matsuoka
Outside Independent Audit & Supervisory Board Member10.2yrsno datano data
Atsuo Kashima
Audit & Supervisory Board Member2.2yrsno data0.0043%
$ 136.0k
Tadashi Ogura
Independent Outside Director3.2yrsno datano data
Yoko Dochi
Independent Outside Director3.2yrsno datano data
Kumi Sato
Independent Outside Director2.2yrsno datano data
3.2yrs
Average Tenure
68yo
Average Age

Experienced Board: RINI.F's board of directors are considered experienced (3.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/19 22:16
End of Day Share Price 2026/07/30 00:00
Earnings2026/06/30
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Rinnai Corporation is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi HashimotoBarclays
Asuka InamiBofA Global Research
Takashi HashimotoCitigroup Inc