RINNAI CORPORATION
5947・Prime Market・Metal Products
Governance
The company is a company with a Board of Corporate Auditors, composed of 9 directors (4 outside directors, an outside ratio of approximately 44%). It has established a Nomination Advisory Committee and a Compensation Advisory Committee, in which independent outside directors hold a majority, with an independent outside director serving as chairperson. The term of office for directors is one year.
Risk Management
The Risk Management Committee, chaired by the President, meets four times a year and prepares a list of key risks affecting life and safety, credit, business activities, and property, evaluating each risk by "degree of impact and frequency of occurrence." A responsible department is assigned to each item, and the Committee works to prevent risks from occurring, minimize damage, and prevent recurrence, horizontally deploying these measures across the entire group.
Shareholder Returns
For FY2026 (ending March 2026), the annual dividend per share is ¥100 (interim ¥50 + year-end ¥50), with a payout ratio of 38.5%. For FY2027 (ending March 2027), the dividend is forecast at ¥106 (¥53 twice). Under the new medium-term management plan "accelerate 2030," the basic policy is a payout ratio of around 40% and progressive dividends, with share buybacks (¥10,001 million in the current fiscal year) also being continued.
Dividend Policy
Dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). For FY2026 (ending March 2026), the annual dividend per share is ¥100 (interim ¥50 + year-end ¥50), total dividends of ¥13,836 million, a payout ratio of 38.5%, and a dividend-to-net-assets ratio of 3.3%. For FY2027 (ending March 2027), the annual dividend per share is forecast at ¥106 (¥53 twice) (payout ratio of 40.3%). Under the new medium-term management plan "accelerate 2030" (FY2026–FY2030), the basic policy is set as a payout ratio of around 40% and progressive dividends. Share buybacks are also conducted flexibly (¥10,001 million acquired in the current fiscal year).
ESG
Aiming to achieve carbon neutrality under "RIM 2050," the company has set targets for FY2030 (ending March 2030) of zero CO₂ emissions from domestic Scope 2 and a contribution of 10.80 million tCO₂ in CO₂ reduction through product use overseas. It has established a governance structure in which the ESG Committee, chaired by the President, deliberates on sustainability issues and reports regularly to the Board of Directors. On the human capital front, the company discloses a male childcare leave uptake rate of 63.8%, though the ratio of women in managerial positions remains low at 1.4%.
Last updated: June 25, 2026