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.

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Headquarters Japan

Address 2-26, Fukuzumi-Cho, Nakagawa-Ku, Nagoya, Aichi, 454-0802


Telephone 81 52 3618211

No of Employees 10,908

Industry Industrial Goods and Machinery

Ticker Symbol & Exchange 5947 (TYO)

Revenue (2025) $3.0B 7% (2025 vs 2024)

EPS XYZ

Net Income (2025) XYZ 11.3% (2025 vs 2024)

Market Cap* $3.2B

Net Profit Margin (2025) XYZ 4.0% (2025 vs 2024)

* As of and is in US$
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Rinnai Corp premium industry data and analytics

2

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2

Construction Projects

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1

ICT Spend & Tech Priorities

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Products and Services

Products Services Brands
Water Heaters Installation services Rinnai
Built-In-Gas Stoves Maintenance and repairs services
Oven
XYZ
XYZ
XYZ
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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.
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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
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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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