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RINNAI, Apr-Dec (Cumulative 3Q) Ordinary Profit Increases by 8%
5947 RINNAI CORPORATION 【J-GAAP】
Earnings ReportRINNAI CORPORATION <5947> [TSE Prime] announced its financial results in the afternoon session on February 12th (14:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 7.6% from the same period last year, reaching 41.8 billion yen. Progress toward the full-year plan of 53.5 billion yen was 78.2%, also surpassing the five-year average of 74.2%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to grow 1.8% from the same period last year, reaching 11.6 billion yen.
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit amounted to 16.5 billion yen, an increase of 0.1% compared to the same period last year. The operating profit margin remained almost flat, changing from 11.7% in the same period last year to 11.7%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 310,162 | 25,468 | 30,471 | 17,375 | 120.1 | 66.1 | Feb 8, 2024 | J-GAAP |
| Apr - Dec, 2024 | 332,319 | 35,055 | 38,849 | 22,878 | 161.2 | 77.2 | Feb 12, 2025 | J-GAAP |
| Apr - Dec, 2025 | 339,391 | 37,132 | 41,817 | 27,538 | 197.5 | 78.2 | Feb 12, 2026 | J-GAAP |
| YoY | +2.1% | +5.9% | +7.6% | +20.4% | +22.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 248,195 | 25,009 | 27,996 | 17,444 | 123.2 | 40 | May 9, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 253,585 | 27,275 | 28,228 | 17,082 | 123.7 | 50 | Nov 6, 2025 | J-GAAP |
| YoY | +2.2% | +9.1% | +0.8% | -2.1% | +0.4% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 430,186 | 39,362 | 46,071 | 26,667 | 184.8 | 60 | May 9, 2024 | J-GAAP |
| Mar, 2025 | 460,319 | 46,005 | 50,323 | 29,691 | 209.7 | 80 | May 9, 2025 | J-GAAP |
| Mar, 2026 Guidance | 470,000 | 50,000 | 53,500 | 33,000 | 239.0 | 100 | May 9, 2025 | J-GAAP |
| YoY | +2.1% | +8.7% | +6.3% | +11.1% | +14.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 120,195 | 14,059 | 16,522 | 10,631 | 74.9 | 11.7 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 128,000 | 10,950 | 11,474 | 6,813 | 48.1 | 8.6 | May 9, 2025 | J-GAAP |
| Apr - Jun, 2025 | 102,749 | 9,697 | 10,679 | 6,622 | 47.2 | 9.4 | Aug 6, 2025 | J-GAAP |
| Jul - Sep, 2025 | 113,666 | 13,028 | 14,593 | 9,296 | 66.4 | 11.5 | Nov 6, 2025 | J-GAAP |
| Oct - Dec, 2025 | 122,976 | 14,407 | 16,545 | 11,620 | 83.4 | 11.7 | Feb 12, 2026 | J-GAAP |
| YoY | +2.3% | +2.5% | +0.1% | +9.3% | +11.3% |
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