Rinnai : Reference Data (631KB)

Financial Results for First Two Quarters of

Fiscal 2023, ending March 31, 2023

(April 1 － September 30, 2022)

Reference Data

November 4, 2022

Consolidated Income Results (Fiscal 2023-2Q)

（ 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	194,347	19,084	9.8%	22,213	11.4%	13,382	6.9%
YOY change	+8%	-5%		+2%		+1%
FY2022	179,721	20,107	11.2%	21,687	12.1%	13,247	7.4%
Parent Company	119,836	11,407	9.5%	16,563	13.8%	12,377	10.3%
YOY change	+17%	+32%		+38%		+34%
FY2022	102,746	8,655	8.4%	11,968	11.6%	9,212	9.0%
Domestic subsidiaries	54,723	1,666	3.0%	1,871	3.4%	1,300	2.4%
YOY change	+16%	+21%		+22%		+22%
FY2022	47,011	1,374	2.9%	1,537	3.3%	1,067	2.3%
Overseas subsidiaries	105,351	6,789	6.4%	7,553	7.2%	5,929	5.6%
YOY change	+5%	-37%		-37%		-36%
FY2022	100,364	10,840	10.8%	11,948	11.9%	9,313	9.3%
Total	279,912	19,863	7.1%	25,988	9.3%	19,608	7.0%
YOY change	+12%	-5%		+2%		+0%
FY2022	250,122	20,870	8.3%	25,453	10.2%	19,593	7.8%
						©Rinnai Corporation	2

Main Overseas Consolidated Subsidiaries Income Results (Fiscal 2023-2Q)

• Millions of yen）

Net sales	YOY
change

Operating income

%of net sales

Ordinary

income

%of net	Net income	%of net
sales	sales

Rinnai America	23,325	+10%	(1,248) -		(1,277) -		(980) -
Rinnai Australia	13,675	-1%	456	3.3%	421	3.1%	291	2.1%
Shanghai Rinnai	23,599	-4%	2,791	11.8%	3,481	14.8%	2,988	12.7%
Rinnai Korea	14,713	+1%	770	5.2%	874	5.9%	658	4.5%
Rinnai Indonesia	8,387	+19%	955	11.4%	1,070	12.8%	835	10.0%

©Rinnai Corporation

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Consolidated Sales Results (Fiscal 2023-2Q)

（Millions of yen）

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

Consolidated amounts	194,347	112,581	44,251	10,228	5,160	22,124
YOY change	+8%	+9%	+3%	-1%	+19%	+18%
FY2022	179,721	103,207	43,002	10,347	4,351	18,811
Parent Company	119,836	71,105	27,381	4,114	1,184	16,050
YOY change	+17%	+23%	-3%	+16%	+17%	+35%
FY2022	102,746	58,025	28,273	3,541	1,011	11,894
Domestic subsidiaries	54,723	19,998	6,338	143	786	27,456
YOY change	+16%	+26%	-1%	+20%	+28%	+15%
FY2022	47,011	15,895	6,404	120	612	23,977
Overseas subsidiaries	105,351	65,684	18,050	8,096	4,285	9,234
YOY change	+5%	+3%	+12%	-4%	+21%	+11%
FY2022	100,364	63,936	16,173	8,392	3,544	8,318
Total	279,912	156,787	51,770	12,355	6,257	52,741
YOY change	+12%	+14%	+2%	+2%	+21%	+19%
FY2022	250,122	137,857	50,851	12,054	5,168	44,190

©Rinnai Corporation

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Main Overseas Consolidated Subsidiaries Sales Results (Fiscal 2023-2Q)

• 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

	+10%
23,325	21,110	+7%			774	-23%	115	+390%	1,325	+142%
	(-4% )
	-1%
13,675	6,020	-4%			5,918	-1%	602	+43%	1,133	-1%
	(-7% )
	-4%
23,599	20,666	-3%	1,996	-13%					936	-20%
	(-16% )
	+1%
14,713	7,888	-4%	3,528	+9%			2,355	+13%	941	-3%
	(-2% )
	+19%
8,387	31	-	7,139	+16%			958	+33%	258	+39%
	(+5% )

Note:（ on a local currency basis）

©Rinnai Corporation

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