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Revision of earnings forecasts5947RINNAI CORPORATIONConstruction and Materials

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

The company announced its consolidated results for the fiscal year ended March 2026. Revenue, operating profit, ordinary profit and net income all exceeded the previous fiscal year's results. It also newly presented earnings forecasts for the six months ending September 2026 and the full fiscal year ending March 2027.

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Revised forecast

Fiscal year ending March 2027 · Six months and full fiscal year
Net Sales—→—million
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Operating profit—→—million
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Ordinary income—→—million
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Profit attributable to owners of the parent—→—million
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Net income per share—→—yen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The company expects the business environment to remain extremely challenging, including heightened risks to component procurement stemming from the situation in the Middle East and soaring raw material prices. In Japan, it will focus on expanding sales of priority products and launching new products, while overseas it will concentrate on expanding sales in markets including the U.S. water heater market.

Details and amount of extraordinary loss

Total extraordinary losses: JPY 525 million (impairment losses: JPY 96 million; loss on reduction of fixed asset acquisition costs: JPY 365 million; archaeological excavation survey expenses: JPY 63 million)

Previous-period resultsFY3/2026 actuals (consolidated): revenue JPY 470,392 million, operating profit JPY 50,531 million, ordinary profit JPY 57,686 million, net income attributable to owners of the parent JPY 36,160 million, and basic earnings per share JPY 259.96
Dividend forecast revisionNo revision stated. The annual dividend forecast for the fiscal year ending March 2027 is JPY 106.00 (interim: JPY 53.00; year-end: JPY 53.00)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → Cumulative second-quarter results 231,000 / Full year 500,000(Cumulative second-quarter results 6.7% (vs. the same period of the previous fiscal year) / Full year 6.3% (vs. the previous fiscal year))
Operating profitNot disclosed → Cumulative second-quarter results 19,600 / Full year 50,500(Cumulative second-quarter results -13.8% (vs. the same period of the previous fiscal year) / Full year -0.1% (vs. the previous fiscal year))
Ordinary incomeNot disclosed → Cumulative second-quarter results 21,400 / Full year 54,100(Cumulative second-quarter results -15.3% (vs. the same period of the previous fiscal year) / Full year -6.2% (vs. the previous fiscal year))
Profit attributable to owners of the parentNot disclosed → Cumulative second-quarter results 13,000 / Full year 36,300(Cumulative second-quarter results -18.3% (vs. the same period of the previous fiscal year) / Full year 0.4% (vs. the previous fiscal year))
Net income per shareNot disclosed → Cumulative second-quarter results 94.15 / Full year 262.91
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSix months and full fiscal year
Previous-period resultsFY3/2026 actuals (consolidated): revenue JPY 470,392 million, operating profit JPY 50,531 million, ordinary profit JPY 57,686 million, net income attributable to owners of the parent JPY 36,160 million, and basic earnings per share JPY 259.96
Reason for the revisionThe company expects the business environment to remain extremely challenging, including heightened risks to component procurement stemming from the situation in the Middle East and soaring raw material prices. In Japan, it will focus on expanding sales of priority products and launching new products, while overseas it will concentrate on expanding sales in markets including the U.S. water heater market.
Details and amount of extraordinary lossTotal extraordinary losses: JPY 525 million (impairment losses: JPY 96 million; loss on reduction of fixed asset acquisition costs: JPY 365 million; archaeological excavation survey expenses: JPY 63 million)
Dividend forecast revisionNo revision stated. The annual dividend forecast for the fiscal year ending March 2027 is JPY 106.00 (interim: JPY 53.00; year-end: JPY 53.00)
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company expects a challenging business environment to continue, including risks to component procurement stemming from the situation in the Middle East and soaring raw material prices. At the same time, it plans to expand sales of priority products and launch new products in Japan, while expanding sales in overseas markets including the United States.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | RINNAI CORPORATION (5947) timely disclosure | Komori