Rinnai Corporation manufactures and sells thermal equipment in Japan, the United States, Australia, China, South Korea, Indonesia, and internationally. The company offers water heaters, including hot-water units, bath hot-water units, hot-water and heating units, and gas/solar hybrid hot-water and heating systems; kitchen appliances, such as tabletop stoves, built-in-stoves, ovens, range food, dishwashers, and rice cookers; and air conditioning appliances comprising fan heaters, fan-forced heaters, and infrared heaters. It also provides commercial-use ceramics grills, gas stoves, and rice cookers; and clothes dryers, and infrared burners and parts. The company sells its products under the Rinnai brand. The company was formerly known as Rinnai & Co. and changed its name to Rinnai Corporation in 1971. Rinnai Corporation was incorporated in 1920 and is headquartered in Nagoya, Japan.
Research context
Rinnai Corporation appears in PyInvesting’s Tokyo Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- JPY
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 7 months ago
Rinnai Corporation is currently in a long term downtrend where the price is trading 7.4% below its 200 day moving average.
From a valuation standpoint, the stock is 42.6% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.9.
Rinnai Corporation's total revenue rose by 5.5% to $97B since the same quarter in the previous year.
Its net income has increased by 26.5% to $9B since the same quarter in the previous year.
Based on the above factors, Rinnai Corporation gets an overall score of 3/5.