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Rinnai Corporation is a Japanese multinational company based in Nagoya, Japan, that manufactures gas appliances, including energy-efficient tankless water heaters,[4] , home heating appliances, kitchen appliances, gas clothes dryers and commercial-use equipment such as rice cookers, grillers, fryers and salamanders.

Rinnai Corporation
Native name
リンナイ株式会社
Public (K.K)
Traded asTYO: 5947
NSE: 5947
ISINJP3977400005
IndustryHome appliance
Founded1 September 1920; 99 years ago (1920-09-01)
FounderHidejiro Naito
Kanekichi Hayashi
Headquarters,
Japan
Area served
Worldwide
Key people
Kenji Hayashi
(Chairman)

Hiroyasu Naito
(President and Executive President)
Products
RevenueIncrease JPY 347 billion (FY 2017) (US$ 3.2 billion) (FY 2017)
Increase JPY 21 billion (FY 2017) (US$ 200 million) (FY 2017)
Number of employees
10,571 (consolidated, as of March 31, 2018)
WebsiteOfficial website
Footnotes / references
[1][2][3]

Rinnai is Japan’s largest manufacturer of gas kitchen appliances.[5]

HistoryEdit

The Birth of Rinnai
Formally known as Rinnai & Co., the company was co-founded by Kanekichi Hayashi and Hidejiro Naito. The origin of the business started in November 1918, stemming from Hidejiro’s inspiration from the blue flames emitted from an imported oil-burning imagawayaki cooking stove. Using the particular stove as a model, Hidejiro subsequently developed a petroleum-fuelled stove.

In 1920, Hidejiro left his job at Nagoya Gas (currently Toho Gas Co., Ltd.) and established Rinnai & Co. together with Kanekichi, a childhood friend who lived in the same dormitory. The company name was coined from characters in the two founder's last names – “Rin” (it’s another way of reading “Hayashi“) and “Nai” (from “Naito“). In 1971, Rinnai & Co. changed their name to Rinnai Corporation.

Rinnai began with manufacturing and selling gas appliances[6] such as gas table top stoves, gas ovens and gas water heaters. From 1938 to 1946, the company paused their gas appliances production to manufacture aircraft parts for the army for war effort[7]. The production resumed in 1946 after the head office factory was rebuilt.

By the 1950s, Rinnai changed to a limited company and opened up their Tokyo office[7]. From then onwards, Rinnai expanded rapidly by opening up more subsidiaries and factories around the country and increasing the business line-up to produce more gas-related appliances. Today, Rinnai has 15 domestic subsidiaries and manufacturing companies in Japan.

With almost a century of developing modern heat-energy appliances, Rinnai has been guided by their Corporate Mission, which is “to use heat to provide society with comfortable lifestyles”. Today, Rinnai's vision hinges on the three themes of “heat and lifestyles”, “quality” and “contributing to local communities”.

Global ExpansionEdit

In the 1970's, Rinnai established 10 new subsidiaries across countries such as Australia (1971), Malaysia (1973), Korea (1974), North America (1974), New Zealand (1975), Brazil (1976) and the United Kingdom (1976).

As of 2018, Rinnai has over 20 overseas subsidiaries and manufacturing companies in more countries such as Canada, China, Hong Kong, Indonesia, Italy, Singapore, Taiwan, Thailand and Vietnam.

Rinnai MalaysiaEdit

Rinnai (M) Sdn. Bhd. (Rinnai Malaysia) was founded in 1973 and is headquartered in Petaling Jaya, Selangor.

The product range of Rinnai Malaysia are mainly home kitchen appliances, including cooker hoods, built-in hobs, table-top stoves, built-in ovens and microwave ovens, BBQ set, and a kitchen sinks and faucets collaboration with Suprema from Australia[8]. Rinnai also sell gas and electric instant water heaters, gas clothes dryer and gas commercial-use cooking appliances, such as stoves and range cookers, rice cookers, grillers, and infra-red burners.

Rinnai Malaysia developed the first generation Electric Instant Water Heater, Ore Series[9]. Soon after, Rinnai Malaysia developed the second generation, Crystal Series. Both series are also distributed to several South East Asia subsidiaries to be sold in their respective countries.

Rinnai AmericaEdit

Rinnai America Corporation was founded in 1974. Headquartered in Peachtree City, Georgia,[10][11] the North American subsidiary of Rinnai Corporation has a satellite office in Nevada.

Partnering with Energy CoalitionsEdit

Rinnai's gas-fired, tankless water heaters qualify residential development projects for Energy Star certification.[12] Rinnai is also a member organization of the Alliance to Save Energy, a nonprofit organization promoting energy efficiency through research, education, and advocacy.

HGTVEdit

Rinnai sponsors HGTV programming and has supplied the cable channel's Dream Home and Green Home projects with gas appliances.

ReferencesEdit

  1. ^ "Company Overview". Rinnai. Retrieved April 11, 2019.
  2. ^ "About the company". Financial Times. Retrieved April 11, 2019.
  3. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved April 11, 2019.
  4. ^ "Tankless Water Heaters Guide". Consumer Reports. Retrieved March 2, 2012.
  5. ^ "Rinnai Adds Samsung SmartThings to Its Suite of Home Automation Technology". MarketWatch. Retrieved February 28, 2019.
  6. ^ "Rinnai Corporation Profile". Rinnai.
  7. ^ a b "Rinnai Tankless Water Heaters Review". Water Heater Hub. Retrieved January 10, 2019.
  8. ^ "A Sink Supreme". The Star Malaysia. Retrieved December 24, 2017.
  9. ^ "When less is more". Star Property. Retrieved May 5, 2014.
  10. ^ "Rep. Lynn Westmoreland Visits Rinnai America Corporation". Contractor Magazine. Retrieved February 10, 2012.
  11. ^ "Rinnai Receives "Volunteer of the Year" Award from Cystic Fibrosis Foundation". Contracting Business Magazine.
  12. ^ Gloede, William (March 7, 2007). "Centex Goes Tankless in Phoenix". Builder Magazine. Retrieved March 2, 2012.

External linksEdit