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An update from Rinnai ( (JP:5947) ) is now available.
Rinnai Corporation reported a strong financial performance for the fiscal year ended March 31, 2025, with a notable increase in net sales by 7% and operating income by 16.9% compared to the previous year. The company also announced an increase in dividends per share, reflecting its commitment to returning value to shareholders. The forecast for the next fiscal year indicates continued growth, with expected increases in net sales and net income, alongside a strategic share buyback plan aimed at enhancing shareholder value.
More about Rinnai
Rinnai Corporation is a prominent player in the manufacturing industry, primarily focusing on the production of heating appliances, including gas appliances and hot-water units. The company is listed on the Prime Section of the Tokyo Stock Exchange and the Premiere Section of the Nagoya Stock Exchange, indicating its significant presence in the Japanese market.
Average Trading Volume: 396,735
Technical Sentiment Signal: Hold
Current Market Cap: Yen464.9B
Find detailed analytics on 5947 stock on TipRanks’ Stock Analysis page.