Rinnai : Reference Data (614KB)

Financial Results for First Quarter of

Fiscal 2023, ending March 31, 2023

(April 1 － June 30, 2022)

Reference Data

August 5, 2022

Consolidated Income Results (Fiscal 2023-1Q)

（ Millions of yen）

Net sales	Operating	%of net	Ordinary	%of net	Net income	%of net
income	sales	income	sales	attributable to owners	sales
	of the parent company

Consolidated amounts	95,006	10,079	10.6%	11,437	12.0%	7,014	7.4%
YOY change	+12%	+10%		+15%		+13%
FY2022	84,507	9,180	10.9%	9,930	11.8%	6,192	7.3%
Parent Company	56,909	5,471	9.6%	8,794	15.5%	6,798	11.9%
YOY change	+14%	+28%		+23%		+16%
FY2022	50,000	4,260	8.5%	7,151	14.3%	5,852	11.7%
Domestic subsidiaries	26,874	939	3.5%	1,053	3.9%	732	2.7%
YOY change	+13%	+10%		+12%		+12%
FY2022	23,693	853	3.6%	941	4.0%	652	2.8%
Overseas subsidiaries	51,540	4,013	7.8%	4,052	7.9%	3,261	6.3%
YOY change	+11%	-18%		-24%		-23%
FY2022	46,327	4,873	10.5%	5,323	11.5%	4,242	9.2%
Total	135,323	10,424	7.7%	13,900	10.3%	10,792	8.0%
YOY change	+13%	+4%		+4%		+0%
FY2022	120,021	9,987	8.3%	13,415	11.2%	10,747	9.0%
						©Rinnai Corporation	2

Main Overseas Consolidated Subsidiaries Income Results (Fiscal 2023-1Q)

• Millions of yen）

Net sales	YOY
change

Operating income

%of net sales

Ordinary

income

%of net	Net income	%of net
sales	sales

Rinnai America	11,133	+22%	(511) -		(504) -		(386) -
Rinnai Australia	5,684	-5%	45	0.8%	(227) -		(161) -
Shanghai Rinnai	11,941	+6%	1,780	14.9%	1,980	16.6%	1,691	14.2%
Rinnai Korea	8,182	+4%	650	8.0%	692	8.5%	542	6.6%
Rinnai Indonesia	4,040	+14%	459	11.4%	515	12.7%	401	9.9%

©Rinnai Corporation

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Consolidated Sales Results (Fiscal 2023-1Q)

（Millions of yen）

		Kitchen	Air conditioning	Commercial
Total	Water heaters	-use	Others
appliances	appliances
		equipment

Consolidated amounts	95,006	55,565	22,167	3,543	2,427	11,301
YOY change	+12%	+14%	+7%	-4%	+16%	+21%
FY2022	84,507	48,684	20,698	3,687	2,101	9,336
Parent Company	56,909	33,210	13,700	1,300	577	8,120
YOY change	+14%	+17%	+1%	-4%	+17%	+32%
FY2022	50,000	28,496	13,503	1,348	492	6,160
Domestic subsidiaries	26,874	9,584	3,154	31	442	13,662
YOY change	+13%	+18%	+4%	+16%	+32%	+12%
FY2022	23,693	8,137	3,029	27	333	12,165
Overseas subsidiaries	51,540	32,724	8,873	3,196	2,000	4,745
YOY change	+11%	+11%	+14%	-4%	+17%	+18%
FY2022	46,327	29,485	7,792	3,336	1,703	4,009
Total	135,323	75,518	25,728	4,528	3,019	26,528
YOY change	+13%	+14%	+6%	-4%	+19%	+19%
FY2022	120,021	66,119	24,324	4,711	2,530	22,335

©Rinnai Corporation

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Main Overseas Consolidated Subsidiaries Sales Results (Fiscal 2023-1Q)

• Millions of yen）

Total

YOY	Water	YOY	Kitchen	YOY	Air	YOY	Commercial-	YOY
conditioning	use
change	heaters	change	appliances	change	change	change
appliances	equipment

YOY

Others change

Rinnai America

Rinnai Australia

Shanghai Rinnai

Rinnai Korea

Rinnai Indonesia

	+22%
11,133	10,175	+20%			303	-17%	45	+118%	608	+199%
	(+11% )
	-5%
5,684	2,755	-5%			2,204	-9%	266	+26%	457	-5%
	(-9% )
	+6%
11,941	10,442	+8%	944	-8%					554	+0%
	(-6% )
	+4%
8,182	4,549	-3%	1,932	+19%			1,142	+23%	557	-6%
	(+2% )
	+14%
4,040	6	-	3,501	+16%			416	+1%	116	+14%
	(+5% )

Note:（ on a local currency basis）

©Rinnai Corporation

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