For the interim period of the fiscal year ending March 2027, consolidated net sales were 239,920 million yen, an increase of 10.9% year-over-year. Operating income was 21,541 million yen, a decrease of 5.2% year-over-year, and net income attributable to owners of parent for the interim period was 13,908 million yen, a decrease of 12.6% year-over-year. By region, Japan, the United States, and Australia showed growth in sales and profits, while China saw declines in both sales and profits. The company formulated the medium-term plan “accelerate 2030.”<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5947","jir_company_name":"Rinnai Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/5947-20261105-01.pdf","jir_short_summary":"For the interim period of the fiscal year ending March 2027, consolidated net sales were 239,920 million yen, an increase of 10.9% year-over-year. Operating income was 21,541 million yen, a decrease of 5.2% year-over-year, and net income attributable to owners of parent for the interim period was 13,908 million yen, a decrease of 12.6% year-over-year. By region, Japan, the United States, and Australia showed growth in sales and profits, while China saw declines in both sales and profits. The company formulated the medium-term plan \"accelerate 2030.\"","jir_summary":"### Overview of Performance\nIn the second quarter of the fiscal year ending March 2027, Rinnai Corporation achieved record-high net sales year-over-year, but overall profits declined due to surging raw material costs and reduced profitability in the China business. Regionally, strong performance continued in Japan, the United States, and Australia, while China experienced decreases in sales and profits amid economic weakness. The company has formulated the medium-term plan \"accelerate 2030,\" aiming to diversify energy sources and strengthen its business base in the areas of \"Heat and Living\" and \"Health and Living.\"\n\n### Outlook and Medium-Term Plan\nThere is no change to full-year forecasts: net sales are projected at 500,000 million yen, operating income at 50,500 million yen, and net income at 216,415 million yen, among other figures. Fluctuations in logistics and raw material costs, global economic conditions\u2014particularly the recovery trajectory of the China market\u2014may affect results; therefore, monitoring domestic and overseas demand trends and foreign exchange movements is necessary.","jir_financial_highlights":"Net Sales: 239,920 million yen (Year-over-Year +10.9%)\nOperating Income: 21,541 million yen (Year-over-Year -5.2%)\nOrdinary Income: 22,822 million yen (Year-over-Year -9.7%)\nNet Income Attributable to Owners of Parent (Interim): 13,908 million yen (Year-over-Year -12.6%)\nEquity Ratio: 67.4% (No change from prior period (reference value))","jir_category":"","jir_hashtags":"#Rinnai, #EarningsHighlights","jir_key_figures":"Net Sales: 239,920 million yen (Year-over-Year +10.9%)\nOperating Income: 21,541 million yen (Year-over-Year -5.2%)\nNet Income Attributable to Owners of Parent (Interim): 13,908 million yen (Year-over-Year -12.6%)","jir_meta_title":"Rinnai Corporation \u2014 Q2 FY2027 Financial Summary | Record Sales, Profit Moderation","jir_meta_description":"Key points of Rinnai Corporation's Q2 FY2027 financial summary: net sales rose 10.9% year-over-year to 239,920 million yen, operating income was 21,541 million yen, and net income was 13,908 million yen. Analysis of regional trends and the medium-term plan 'accelerate 2030.'","jir_og_title":"Analysis of Rinnai Corporation's Q2 Financial Results","jir_og_description":"Rinnai Corporation's Q2 results show record-high net sales while profits declined. Analysis of overseas market trends and the 'accelerate 2030' strategy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Sales Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Prior Period\\\",\\\"Current Period\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales (million yen)\\\",\\\"data\\\":[216415,239920]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Prior Period\\\",\\\"Current Period\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income (million yen)\\\",\\\"data\\\":[22725,21541]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"net_income_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent (Interim) Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Prior Period\\\",\\\"Current Period\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Interim Net Income (million yen)\\\",\\\"data\\\":[15918,13908]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_profit_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Profit by Region\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Japan\\\",\\\"United States\\\",\\\"Australia\\\",\\\"China\\\",\\\"Korea\\\",\\\"Indonesia\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Segment Profit (million yen)\\\",\\\"data\\\":[10754,1151,1064,153,1941,2400]}]},\\\"options\\\":{}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales by Region\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Japan\\\",\\\"United States\\\",\\\"Australia\\\",\\\"China\\\",\\\"Korea\\\",\\\"Indonesia\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales (million yen)\\\",\\\"data\\\":[986,379,285,223,164,108]}]},\\\"options\\\":{}}\"}]","ir_related_company":7798,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-141490","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n