Rinnai ( (JP:5947) ) has shared an update.
Rinnai Corporation has announced a free inspection and repair program for bathroom heater/dryers manufactured over ten years ago, due to a potential fire risk from deteriorating components. The costs for this program will be recorded as operating expenses for the fiscal year ending March 31, 2025, with the financial impact still being assessed.
More about Rinnai
Rinnai Corporation is a company listed on the Prime Section of the Tokyo Stock Exchange and the Premiere Section of the Nagoya Stock Exchange. It operates in the home appliance industry, primarily focusing on manufacturing products such as bathroom heater/dryers.
YTD Price Performance: -2.95%
Average Trading Volume: 200
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.13B
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