trending Market Intelligence /marketintelligence/en/news-insights/trending/CiBicJkQBmv90-R-klfl9g2 content esgSubNav
In This List

Rinnai fiscal Q3 profit falls YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


Rinnai fiscal Q3 profit falls YOY

Rinnai Corp. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥131.90 per share, a decline of 14.0% from ¥153.36 per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥6.86 billion, a decline of 13.7% from ¥7.95 billion in the year-earlier period.

The normalized profit margin dropped to 8.4% from 9.7% in the year-earlier period.

Total revenue totaled ¥81.50 billion, compared with ¥81.67 billion in the prior-year period, and total operating expenses rose on an annual basis to ¥70.93 billion from ¥69.67 billion.

Reported net income decreased 12.9% on an annual basis to ¥7.28 billion, or ¥139.94 per share, from ¥8.36 billion, or ¥161.18 per share.

As of Feb. 12, US$1 was equivalent to ¥118.90.