RINNAI CORPORATION (5947) Stock Price

Rinnai Corporation is composed of 52 companies in total, including 49 subsidiaries and 2 affiliated companies. The company primarily manufactures and sells thermal equipment products and components, along with related business operations. It has established manufacturing and sales systems both domestically and internationally.

Rinnai's products are manufactured by the company and its domestic and international affiliated companies. In Japan, products are sold directly to city gas companies, propane fuel distributors, and residential equipment manufacturers. Some products are also supplied as OEM products and sold through subsidiaries.

In overseas markets, Rinnai conducts sales directly, while overseas subsidiaries and affiliated companies handle manufacturing and sales. The company's basic policy is localized business operations, and it has built a global manufacturing and sales system.

Rinnai's reporting segments are deployed in Japan, the United States, Australia, China, South Korea, Indonesia, and other regions. In each region, subsidiaries such as Rinnai America, Rinnai Australia, and Shanghai Rinnai Co., Ltd. conduct business operations.

Rinnai Corporation is guided by the core principle of "Quality is our lifeline." The company provides products and services centered on two themes: "Heat and Living" and "Health and Living." Under its medium-term management plan "New ERA 2025," Rinnai targets consolidated net sales of 470 billion yen and consolidated operating profit of 50 billion yen by fiscal year 2025. This strategy aims to achieve sustainable and steady long-term growth while creating healthy and comfortable living environments.

Rinnai pursues three strategic pillars: contributing to solving social challenges, expanding business scale, and transforming corporate capabilities. Specifically, the company will address social issues through improved quality of life and expanded adoption of environmentally friendly products, expand sales in growth markets and new regions, and create new business ventures to increase business scale. Additionally, Rinnai will strengthen corporate capabilities through investments in human resources and software development, consumer-focused innovation, and enhanced profitability.

By region, Rinnai will expand the Japanese market through proprietary products such as gas clothes dryers and dishwashers while contributing to a low-carbon society. In the United States, the company will strengthen local production at new facilities to meet growing demand for tankless gas water heaters. In Australia, Rinnai will expand its lineup of renewable energy-powered equipment and increase energy device offerings.

In China, Rinnai will differentiate through water heaters and gas cooktops utilizing proprietary control technology while strengthening internet sales channels. In South Korea, the company will launch new boilers featuring ultrafine bubble technology to enhance competitive differentiation. In Indonesia, Rinnai will expand business through an expanded lineup of built-in products.

Rinnai prioritizes improving quality of life and addressing environmental challenges. The company will contribute to reducing CO₂ emissions and improving air quality through energy-efficient equipment. Additionally, Rinnai will build a sound financial foundation and enhance corporate value by balancing growth investments with stable shareholder returns.