Rinnai Corp - Company Profile
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Rinnai Corp (Rinnai) develops, manufactures and markets heating products. The company’s portfolio of products includes conventional thermal energy appliances including kitchen appliances such as cooking stoves and rice cookers, hot-water units such as bath boilers and air-conditioning. The company offers heating units such as infrared heaters and gas fan heaters, and non-conventional products including clothes dryers and dishwashers. The company’s products find application in bathroom, kitchen, hot-water units, dressing room, heater and commercial-use. Through its subsidiaries, the company manufactures and sells heating appliances in the Americas, Europe, the Middle East, Asia, Africa and Oceania. Rinnai is headquartered in Nagoya, Aichi, Japan.
Headquarters
Japan
Address
2-26, Fukuzumi-Cho, Nakagawa-Ku, Nagoya-Shi, Aichi, 454-0802
Website
www.rinnai.co.jp
Telephone
81 52 3618211
No of Employees
11,150
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
5947 (TYO)
Revenue (2023)
$3.1B
16.1%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
9.9%
(2023 vs 2022)
Market Cap*
$3.1B
Net Profit Margin (2023)
XYZ
-5.4%
(2023 vs 2022)
* As of and is in US$
Rinnai Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Water Heaters | Rinnai EnergySaver |
| Built-In-Stoves | |
| Oven | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In January, the company launched SAFULL, a gas stove for seniors. |
| 2023 | New Products/Services | In September, the company launched its new compatible heat pump ECO ONE X5 PLUG-IN. |
| 2023 | Contracts/Agreements | In January, Rinnai America Corporation entered into a partnership with Tony Stewart and his racing entities in NASCAR and the NHRA to promote its line of products. |
Competitor Comparison
| Key Parameters | Rinnai Corp | LIXIL Corp | Cleanup Corp | Corona Corp | Eidai Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Nagoya-Shi | Shinagawa-Ku | Arakawa-Ku | Sanjo-Shi | Osaka-Shi |
| State/Province | Aichi | Tokyo | Tokyo | Niigata | Osaka |
| No. of Employees | 11,150 | 51,501 | 3,456 | 2,162 | 1,501 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kenji Hayashi | Chairman | Executive Board | - | - |
| Hiroyasu Naito | President; Director | Executive Board | - | - |
| Kazuto Inoue | General Manager - Production Engineering Headquarters; Senior Managing Executive Officer; Director | Executive Board | 2023 | - |
| Hideyuki Shiraki | Director; General Manager - Marketing & Sales Headquarters; Senior Managing Executive Officer | Executive Board | 2023 | - |
| Tsunenori Narita | Executive Vice President; Director | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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