Rinnai Corporation (RINIF)

20.38 +1.73 (+9.29%) At close: 12:06PM EDT

Rinnai Corporation

2-26, Fukuzumi-cho
Nakagawa-ku
Nagoya 454-0802
Japan
81 52 361 8211
https://www.rinnai.co.jp

Sector(s): Consumer Cyclical
Industry: Furnishings, Fixtures & Appliances
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hiroyasu Naito	President, Executive President & Representative Director	N/A	N/A	1955
Mr. Hideyuki Shiraki	Senior Managing Exec Offi, Chief of Marke & Sales Headq & Director	N/A	N/A	1966
Mr. Tsunenori Narita	Executive VP, President's Assistant & Representative Director	N/A	N/A	1948
Mr. Takuya Ogawa	Managing Executive Officer & Chief of Corporate Planning Headquarters	N/A	N/A	N/A
Chuji Nakashima	Managing Executive Officer & Chief of Quality Assurance Headquarters	N/A	N/A	N/A
Hirohisa Ooi	Managing Executive Officer & Chief of Production Headquarters	N/A	N/A	N/A
Mr. Kazuto Inoue	Senior Managing Executive Officer, Chief of Produ Engi Headq & Director	N/A	N/A	1961
Yoshihiko Takasu	Managing Exe. Officer & Chief of Research & Development Headquarters	N/A	N/A	N/A
Hayao Nishizawa	Senior Executive Officer, Chief of Overseas Busin Headq and GM of Grou 2 Sales Mang Divi	N/A	N/A	N/A
Junya Toyama	General Manager of Hokkaido Branch, Marketing & Sales Headquarters	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Rinnai Corporation develops, manufactures, and sells heating products in Japan, the United States, Australia, China, South Korea, and Indonesia. The company offers water heaters, including hot-water units, bath hot-water units, hot-water and heating units, gas/solar hybrid hot-water and heating systems, etc.; kitchen appliances, such as tabletop stoves, built-in-stoves, ovens, range food, dishwashers and rice cookers, etc.; and air conditioning appliances comprising fan heaters, fan-forced heaters, infrared heaters, etc. It also provides commercial-use ceramics grills, gas stoves and rice cookers, etc.; and living room and dressing room products, as well as others, such as clothes dryers, infrared burners and parts, etc. The company offers its products under the Rinnai brand name. 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.

Corporate governance

Rinnai Corporation’s ISS governance QualityScore as of 1 June 2024 is 10. The pillar scores are Audit: 1; Board: 9; Shareholder rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.