Medium-Term Business Plan

Positioning of Medium-Term Business Plan "G-shift 2020"

"3Gs" shift to new Rinnai

Five Group-Wide Theme

1. Branding

2. Formulate and Share Long-Term Roadmap

3. Expand Business Domains

4. Optimally Allocate Business Resources

5. Improve Business Efficiency and Management Quality

Three Process Reforms

Medium-Term Business Plan (April 2018–March 2021)

<<Consolidated>>
[Billions of Yen]
Actual Medium-Term Business Plan "G-Shift 2020"
Fiscal
2018
Fiscal
2019
Fiscal
2020
Fiscal
2021
Comparing
to fiscal
2018
Increase/
decrease
from
fiscal 2018
Net Sales 347.0 360.0 388.0 410.0 118.1% 62.9
Breakdown Domestic 177.6 180.0 183.0 185.0 104.2% 7.3
Overseas 169.4 180.0 205.0 225.0 132.8% 55.5
(Overseas
sales ratio)
48.8% 50.0% 52.8% 54.9% - 6.1p
Operating Income 32.8 36.0 39.0 42.0 127.9% 9.1
Operating Margin 9.5% 10.0% 10.1% 10.2% - 0.8p

Medium- and Long-Term Vision

New Medium-Term Business Plan