Prices as of 2026/10/30 close
Company comparison · Housing Equipment
Rinnai is the bigger company, with revenue of ¥470.4B — 2.3x Sangetsu's ¥206.4B.
Rinnai earns more on each yen of sales, with an operating margin of 10.7% — 1.3 points above Sangetsu (9.4%).
Revenue growth in the latest results: Sangetsu +3.0%, Rinnai +2.2%. For next year, Rinnai guides for the fastest operating profit growth (−0.1%).
Sangetsu pays more on average — ¥7.89M against ¥7.41M at Rinnai.
Over the past year the shares moved Sangetsu +6.0%, Rinnai +2.6%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Rinnai aheadRinnai 3 : Sangetsu 0
Revenue: Rinnai ¥470.4B / Sangetsu ¥206.4B
ProfitabilityInvestors
Rinnai aheadRinnai 2 : Sangetsu 1
Operating margin: Rinnai 10.7% / Sangetsu 9.4%
GrowthInvestors
Rinnai aheadRinnai 3 : Sangetsu 2
Revenue growth (YoY): Rinnai +2.2% / Sangetsu +3.0%
Stock & balance sheetInvestors
Sangetsu aheadRinnai 0 : Sangetsu 2
Share price, 1 year: Rinnai +2.6% / Sangetsu +6.0%
Pay & workforceJob seekers
Sangetsu aheadRinnai 1 : Sangetsu 2
Average salary: Rinnai ¥7.41M / Sangetsu ¥7.89M
| Metric | Rinnai | Sangetsu | Gap |
|---|---|---|---|
| Revenue | ◎¥470.4B | ¥206.4B | 2.3x |
| Operating profit | ◎¥50.5B | ¥19.4B | 2.6x |
| Net income | ◎¥36.2B | ¥14.6B | 2.5x |
| Metric | Rinnai | Sangetsu | Gap |
|---|---|---|---|
| Operating margin | ◎10.7% | 9.4% | 1.3pt |
| Net margin | ◎7.7% | 7.1% | 0.6pt |
| Revenue per employee | ¥136M | ◎¥159M | 1.2x |
| Metric | Rinnai | Sangetsu | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +2.2% | ◎+3.0% | 0.8pt |
| Operating profit growth (YoY) | ◎+9.8% | +7.0% | 2.8pt |
| Revenue CAGRlast 5 years | +6.4% | ◎+7.3% | 0.8pt |
| Guidance: revenue growthnext FY plan | ◎+6.3% | +3.2% | 3.1pt |
| Guidance: op. profit growthnext FY plan | ◎−0.1% | −2.1% | 2.0pt |
| Metric | Rinnai | Sangetsu | Gap |
|---|---|---|---|
| Share price, 1 year | +2.6% | ◎+6.0% | 3.4pt |
| Share price, 3 months | −6.6% | ◎+1.0% | 7.5pt |
| Share price (close) | ¥3,500 | ¥3,180 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Rinnai | Sangetsu | Gap |
|---|---|---|---|
| Average salary | ¥7.41M | ◎¥7.89M | ¥0.48M |
| Starting salary (monthly) | ¥264,300 | ◎¥270,000 | ¥5,700 |
| Average tenure | ◎19.2 yrs | 15.4 yrs | 3.8 |
| Average age | 40.8 | 37.9 | 2.9 |
| Employees | 3,470 | 1,298 | 2.7x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥3,500+2.6% (1Y)
Rinnai +2.6% over 1Y. Compared: Sangetsu +6.0%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Rinnai6 segments
Sangetsu3 segments
AAverage annual salary from the securities filings: Sangetsu ¥7.89M, Rinnai ¥7.41M. Sangetsu pays the most. Averages also depend on staff age and job mix, so check the average age too (Rinnai 40.8, Sangetsu 37.9).
ARevenue in the latest results: Rinnai ¥470.4B, Sangetsu ¥206.4B. Rinnai is the bigger company, with revenue of ¥470.4B — 2.3x Sangetsu's ¥206.4B.
AOperating margins: Rinnai 10.7%, Sangetsu 9.4%. Rinnai turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Sangetsu +6.0%, Rinnai +2.6%. Sangetsu has risen the most.

Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.