Rinnai Corp - Company Profile
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Rinnai Corp (Rinnai) develops, manufactures and markets gas appliances and heating products. The company’s portfolio of products includes conventional thermal energy appliances including kitchen appliances such as cooking stoves, oven, range hoods and rice cookers, hot-water units such as bath boilers and air-conditioning. The company offers heating units such as infrared heaters and gas fan heaters, and non-conventional products including clothes dryers and dishwashers. The company’s products find application in the bathroom, kitchen, hot-water units, dressing rooms, heaters and commercial use. Through its subsidiaries, the company manufactures and sells heating appliances in the Americas, Europe, the Middle East, Asia, Africa and Oceania. Rinnai is headquartered in Nagoya, Aichi, Japan.
Rinnai Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Water Heaters | Installation services | Rinnai |
| Built-In-Gas Stoves | Maintenance and repairs services | |
| Oven | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In November, the company acquired Grupo Sole. |
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired MT Industrial S.A.C. |
| 2024 | Plans/Strategy | In April, the company announced its plans to launch the HOWARO Built-in Prime, a high-end model of the HOWARO Built-in gas stove. |
Competitor Comparison
| Key Parameters | Rinnai Corp | LIXIL Corp | Noritz Corp | Cleanup Corp | Corona Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Nagoya | Shinagawa-Ku | Kobe-Shi | Arakawa-Ku | Sanjo-Shi |
| State/Province | Aichi | Tokyo | Hyogo | Tokyo | Niigata |
| No. of Employees | 10,908 | 48,660 | 6,128 | 3,516 | 2,110 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hideyuki Shiraki | Chief - Marketing & Sales Headquarters; Director; Senior Managing Executive Officer | Executive Board | 2023 | 60 |
| Kenji Hayashi | Chairman | Non Executive Board | 2017 | 77 |
| Hiroyasu Naito | Director; President | Executive Board | 2005 | 71 |
| Tsunenori Narita | Executive Vice President; Director | Executive Board | 2018 | 78 |
| Kazuto Inoue | Senior Managing Executive Officer; Chief - Production Engineering Headquarters; Director | Executive Board | 2023 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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