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Rinnai (5947) AI Stock Analysis
Rinnai
(TSE/TYO:5947)
The score is primarily driven by strong financial fundamentals—especially a very low-leverage balance sheet and steady revenue/profitability—tempered by a history of free cash flow volatility. Technical indicators are neutral overall, and valuation is reasonable with a supportive dividend yield.
Rinnai (5947) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 3.01B
- Dividend Yield
- 2.94%
- Average Volume (3M)
- 353.27K
- Price to Earnings (P/E)
- 13.4
- Beta (1Y)
- 0.41
- Revenue Growth
- 3.53%
- EPS Growth
- 25.11%
- Country
- Japan
- Employees
- 11,328
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Furnishings, Fixtures & Appliances
Rinnai Business Overview & Revenue Model
Company Description
Rinnai Corporation, established in Nagoya, Japan in 1920 (and known as Rinnai & Co. until its name change in 1971), is a global leader in the development, manufacturing, and sales of a wide array of heating and kitchen appliances. The company distrib...
How the Company Makes Money
Rinnai primarily makes money by selling gas-fired appliances and hot-water/heating systems to residential and commercial customers through distributors, installers, homebuilders, and retail/wholesale channels. The core revenue stream is product sales...
Rinnai Financial Statement Overview
Summary
Strong overall financial profile supported by steady revenue growth and solid profitability, plus a very conservatively financed balance sheet (minimal leverage). The main offset is historically volatile free cash flow (including negative FCF in 2023), though cash generation recovered in 2024–2026.
Income Statement
78PositiveBalance Sheet
90Very PositiveCash Flow
68Positive| Breakdown | TTM | Mar 2026 | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 464.61B | 460.32B | 470.39B | 430.19B | 425.23B | 366.19B |
| Gross Profit | 160.08B | 151.61B | 159.04B | 133.79B | 135.02B | 113.69B |
| EBITDA | 69.55B | 65.44B | 74.70B | 60.88B | 58.00B | 50.96B |
| Net Income | 33.36B | 29.69B | 36.16B | 26.67B | 26.10B | 23.75B |
Balance Sheet | ||||||
| Total Assets | 586.17B | 606.59B | 649.57B | 577.09B | 547.11B | 512.87B |
| Cash, Cash Equivalents and Short-Term Investments | 178.64B | 176.81B | 185.12B | 155.67B | 158.62B | 185.49B |
| Total Debt | 24.93B | 3.53B | 12.80B | 3.76B | 2.69B | 2.06B |
| Total Liabilities | 134.46B | 144.87B | 155.44B | 139.65B | 139.91B | 134.01B |
| Stockholders Equity | 403.07B | 405.85B | 437.25B | 387.77B | 364.15B | 343.12B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 40.66B | 34.41B | 6.60B | -6.56B | 8.47B |
| Operating Cash Flow | 0 | 57.50B | 49.30B | 43.35B | 19.39B | 28.70B |
| Investing Cash Flow | 0 | -22.68B | -30.91B | -19.97B | -30.09B | -25.49B |
| Financing Cash Flow | 0 | -26.50B | -21.93B | -23.66B | -21.31B | -27.11B |
Rinnai Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:5947, the sentiment is Positive. The current price of 3500.00 is above the 20-day moving average (MA) of 3421.15, above the 50-day MA of 3450.52, and below the 200-day MA of 3595.26, indicating a neutral trend. The MACD of 13.86 indicates Negative momentum. The RSI at 57.79 is Neutral, neither overbought nor oversold. The STOCH value of 38.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:5947.
Rinnai Peers Comparison
Overall Rating
JP:595182Outperform
JP:648473Outperform- JP:594773Outperform
JP:798172Outperform
JP:594668Neutral
JP:590953Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:5951 | 82Outperform | JPY 20.23B | 12.99 | ― | 2.24% | -0.29% | 21.56% |
| JP:6484 | 73Outperform | JPY 17.42B | 8.49 | ― | 3.70% | 3.70% | -9.08% |
| JP:5947 | 73Outperform | JPY 489.66B | 13.36 | 8.60% | 2.94% | 3.53% | 25.11% |
| JP:7981 | 72Outperform | JPY 188.94B | 13.17 | ― | 4.24% | 1.75% | 7.95% |
| JP:5946 | 68Neutral | JPY 65.70B | 22.33 | 2.20% | 2.31% | -1.15% | 31.88% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| JP:5909 | 53Neutral | JPY 26.22B | 27.30 | ― | 3.11% | -0.78% | 37.24% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:5947 | Rinnai Corporation | 3500.00 | 100.88 | 2.97% | |
| JP:5946 | Chofu Seisakusho Co | 1991.00 | 80.01 | 4.19% | |
| JP:5909 | Corona Corporation | 900.00 | 22.75 | 2.59% | |
| JP:5951 | Dainichi Co., Ltd. | 1250.00 | 350.33 | 38.94% | |
| JP:6484 | KVK Corporation | 2161.00 | -56.71 | -2.56% | |
| JP:7981 | Takara Standard Co., Ltd | 3020.00 | 633.68 | 26.55% |
Rinnai Corporate Events
Rinnai to Use Treasury Stock for Employee Restricted Share Plan
Rinnai will dispose of up to 224,010 shares of its treasury stock as restricted stock to its Employee Shareholding Association on October 16, 2026, at a price of ¥3,500 per share, with a maximum disposal value of about ¥784 million. The act...
Rinnai Balances Strong Sales Growth With Margin Pressure, Lifts Dividend Outlook
Rinnai reported consolidated net sales of ¥113.67 billion for the quarter ended June 30, 2026, up 10.6% year on year, while operating income fell 5.2% to ¥9.20 billion and ordinary income slipped 3.5%. Net income attributable to owners of t...
Rinnai Completes Restricted Stock Treasury Share Disposal for Executive Compensation
Rinnai Corporation has completed the payment process for the disposal of 16,864 treasury shares, which were granted as restricted stock compensation to internal directors and executive officers. The shares, disposed of at ¥3,543 each for a total...
Rinnai to Grant Restricted Treasury Shares to Management Under Incentive Plan
Rinnai Corporation has approved the disposal of 16,864 treasury shares as part of its restricted stock compensation plan for internal directors and executive officers, with a total value of about ¥59.7 million and a disposal price set in line wi...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 17, 2026