Prices as of 2026/10/30 close
Company comparison
Rinnai is the bigger company, with revenue of ¥470.4B — 8.0x TOCALO's ¥58.5B.
TOCALO earns more on each yen of sales, with an operating margin of 24.1% — 13.4 points above Rinnai (10.7%).
Revenue growth in the latest results: TOCALO +7.9%, Rinnai +2.2%. For next year, TOCALO guides for the fastest operating profit growth (+6.4%).
TOCALO pays more on average — ¥7.98M against ¥7.41M at Rinnai.
Over the past year the shares moved TOCALO +18.6%, Rinnai +2.6%.
Head-to-head wins15 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 : TOCALO 0
Revenue: Rinnai ¥470.4B / TOCALO ¥58.5B
ProfitabilityInvestors
TOCALO aheadRinnai 1 : TOCALO 2
Operating margin: Rinnai 10.7% / TOCALO 24.1%
GrowthInvestors
TOCALO aheadRinnai 0 : TOCALO 4
Revenue growth (YoY): Rinnai +2.2% / TOCALO +7.9%
Stock & balance sheetInvestors
TOCALO aheadRinnai 0 : TOCALO 2
Share price, 1 year: Rinnai +2.6% / TOCALO +18.6%
Pay & workforceJob seekers
TOCALO aheadRinnai 1 : TOCALO 2
Average salary: Rinnai ¥7.41M / TOCALO ¥7.98M
| Metric | Rinnai | TOCALO | Gap |
|---|---|---|---|
| Revenue | ◎¥470.4B | ¥58.5B | 8.0x |
| Operating profit | ◎¥50.5B | ¥14.1B | 3.6x |
| Net income | ◎¥36.2B | ¥10.1B | 3.6x |
| Metric | Rinnai | TOCALO | Gap |
|---|---|---|---|
| Operating margin | 10.7% | ◎24.1% | 13.4pt |
| Net margin | 7.7% | ◎17.2% | 9.5pt |
| ROE | — | 15.8% | |
| Revenue per employee | ◎¥136M | ¥60M | 2.3x |
| Metric | Rinnai | TOCALO | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +2.2% | ◎+7.9% | 5.7pt |
| Operating profit growth (YoY) | +9.8% | ◎+15.0% | 5.2pt |
| Revenue CAGRlast 5 years | +6.4% | — | |
| Guidance: revenue growthnext FY plan | +6.3% | ◎+11.1% | 4.8pt |
| Guidance: op. profit growthnext FY plan | −0.1% | ◎+6.4% | 6.4pt |
| Metric | Rinnai | TOCALO | Gap |
|---|---|---|---|
| Share price, 1 year | +2.6% | ◎+18.6% | 16.0pt |
| Share price, 3 months | −6.6% | ◎−0.8% | 5.8pt |
| P/E (trailing)lower = cheaper | — | 15.6x | |
| Equity ratio | — | 81.4% | |
| Share price (close) | ¥3,500 | ¥2,647 |
◎ 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 | TOCALO | Gap |
|---|---|---|---|
| Average salary | ¥7.41M | ◎¥7.98M | ¥0.57M |
| Starting salary (monthly) | ¥264,300 | ◎¥307,000 | ¥42,700 |
| Average tenure | ◎19.2 yrs | 13.0 yrs | 6.2 |
| Average age | 40.8 | 39.6 | 1.2 |
| Employees | 3,470 | 980 | 3.5x |
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: TOCALO +18.6%.
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
TOCALO4 segments
AAverage annual salary from the securities filings: TOCALO ¥7.98M, Rinnai ¥7.41M. TOCALO pays the most. Averages also depend on staff age and job mix, so check the average age too (Rinnai 40.8, TOCALO 39.6).
ARevenue in the latest results: Rinnai ¥470.4B, TOCALO ¥58.5B. Rinnai is the bigger company, with revenue of ¥470.4B — 8.0x TOCALO's ¥58.5B.
AOperating margins: TOCALO 24.1%, Rinnai 10.7%. TOCALO turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): TOCALO +18.6%, Rinnai +2.6%. TOCALO 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.
