The first quarter of the consolidated fiscal year ending March 2027 saw net sales exceeding \u00a5113.6 billion, up 10.6% YoY; operating income declined 5.2% YoY to \u00a59.1 billion; ordinary income declined 3.5% YoY to \u00a510.3 billion; net income attributable to owners of the parent rose 1.8% YoY to \u00a56.7 billion. A new medium-term plan, Accelerate 2030, has been formulated. By segment, Japan, the United States, and Australia remained solid, while China faced a slowdown in the economy and sales declined. Overall, higher raw material costs and increased expenses compressed profit, with a high overseas ratio.<\/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,"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":"2026-08-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/5947-20260806-01.pdf","jir_short_summary":"The first quarter of the consolidated fiscal year ending March 2027 saw net sales exceeding \u00a5113.6 billion, up 10.6% YoY; operating income declined 5.2% YoY to \u00a59.1 billion; ordinary income declined 3.5% YoY to \u00a510.3 billion; net income attributable to owners of the parent rose 1.8% YoY to \u00a56.7 billion. A new medium-term plan, Accelerate 2030, has been formulated. By segment, Japan, the United States, and Australia remained solid, while China faced a slowdown in the economy and sales declined. Overall, higher raw material costs and increased expenses compressed profit, with a high overseas ratio.","jir_summary":"### Overview of Results\nRinnai's first quarter of the fiscal year ending March 2027 saw profits squeezed by rising raw material prices and cost increases, while sales hit record highs due to contributions from acquired subsidiaries and expansion in overseas markets. Demand remained solid in Japan, the United States, and Australia, but China was affected by an economic slowdown. The group has formulated the new medium-term plan, Accelerate 2030, aiming to create new domains in business and regional growth and to achieve sustainable growth.\n\n### Outlook and Strategy\nUnder the medium-term management plan Accelerate 2030, we will pursue growth through solving social challenges in the Heat and Living, and Health and Living sectors. While remaining mindful of China\u2019s economic trends, we will maximize acquisition effects and expand overseas sales to build a more stable business foundation. We recommend reviewing the accompanying earnings briefing materials and continuing to disclose detailed forecasts and the assumptions underlying them.","jir_financial_highlights":"Sales: 1,136\u510469\u767e\u4e07\u5186 (YoY 10.6% increase)\nOperating income: 91\u510495\u767e\u4e07\u5186 (YoY 5.2% decrease)\nOrdinary income: 103\u51042\u767e\u4e07\u5186 (YoY 3.5% decrease)\nNet income attributable to owners of parent: 67\u510444\u767e\u4e07\u5186 (YoY 1.8% increase)","jir_category":"","jir_hashtags":"#Rinnai, #MediumTermManagementPlan Accelerate2030, #Earnings","jir_key_figures":"Sales: 1,136\u510469\u767e\u4e07\u5186 (YoY +10.6%)\nOperating income: 91\u510495\u767e\u4e07\u5186 (YoY -5.2%)\nNet income attributable to owners of parent: 67\u510444\u767e\u4e07\u5186 (YoY +1.8%)","jir_meta_title":"Rinnai Key Points from Q1 Earnings\uff5c Accelerate2030 Launch","jir_meta_description":"Summary of key indicators from Rinnai's Q1 earnings for the fiscal year ending March 2027. Sales reached a record high, but profits were squeezed by higher raw material costs and increased expenses. New medium-term plan Accelerate2030 announced.","jir_og_title":"Rinnai Q1 Earnings Highlights\uff5c Accelerate2030","jir_og_description":"Rinnai's Q1 earnings show record sales but profits squeezed by raw material costs. 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