Producer Manufacturing

LIXIL Corp.

In the news

Tokyo businesses impose curbs as coronavirus cases climb Jul 17, 2020
Hitachi Construction to bow out of Europe production Jun 27, 2020
Lixil to unload home improvement store unit Jun 9, 2020
No toilet paper? No problem: Bidets gain new converts in US May 23, 2020
Japan to trade credits for carbon cut by individuals at home Aug 24, 2019

Business Summary

LIXIL Corp. engages in the management of its group companies that operates housing and urban environment-related businesses. It operates through the following business divisions: Water Technology, Housing Technology, Building Technology, Kitchen Technology, Distribution and Retail, and Housing and Services. The Water Technology segment covers sanitary equipment, faucet fittings and bathroom fixtures. The Housing Technology segment includes sash, door, shutter, interior building materials and related fixtures. The Building Technology segment handles curtain walls. The Kitchen Technology segment manufactures and sells kitchen system equipment. The Distribution and Retail segment sells daily necessities, Do It Yourself (DIY) goods and building materials. The Housing and Services segment offers housing solutions, real estate sales and brokerage, and management of nursing apartments. The company was founded by Kenjiro Ushioda on September 19, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	1,428.57B	12,712.85M
Gross Profit	444,891M	3,959.06M
Operating income	64,875M	577.32M
Income before tax	67,413M	599.90M
Net income	50,413M	448.62M
EBITDA	145,416M	1,294.05M
Diluted EPS	166.87	1.48
Dividends Per Share	85	0.75
Total Assets	1,782.88B	14,689.03M
Total liabilities	1,167.91B	9,622.36M
Total equity	612,385M	5,045.39M
Operating cash flow	118,296M	1,052.71M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,829.34B	1,692.43B	1,514.44B	1,378.25B	1,428.57B
Gross Profit	576,922M	525,355M	459,703M	427,352M	444,891M
Operating income	76,046M	54,485M	52,290M	57,288M	64,875M
Income before tax	65,100M	47,598M	40,563M	33,315M	67,413M
Net income	54,581M	25,369M	28,522M	16,363M	50,413M
EBITDA	139,597M	122,867M	157,425M	141,216M	145,416M
Diluted EPS	170.89	-179.97	39.64	52.77	166.87
Dividends Per Share	65	70	70	75	85
Total Assets	2,107.13B	2,059.54B	2,091.52B	1,741.81B	1,782.88B
Total liabilities	1,457.55B	1,492.37B	1,556.39B	1,187.04B	1,167.91B
Total equity	616,897M	533,656M	502,165M	552,271M	612,385M
Operating cash flow	116,362M	69,351M	157,701M	151,043M	118,296M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	16,505.49M	15,261.61M	13,929.07M	12,995.36M	12,712.85M
Gross Profit	5,205.35M	4,737.42M	4,228.09M	4,029.44M	3,959.06M
Operating income	686.13M	491.32M	480.93M	540.16M	577.32M
Income before tax	587.37M	429.21M	373.07M	314.12M	599.90M
Net income	492.46M	228.76M	262.32M	154.28M	448.62M
EBITDA	1,259.53M	1,107.96M	1,447.90M	1,331.50M	1,294.05M
Diluted EPS	1.54	-1.62	0.36	0.49	1.48
Dividends Per Share	0.58	0.63	0.64	0.70	0.75
Total Assets	19,813.16M	18,607.25M	19,374.08M	15,763.02M	14,689.03M
Total liabilities	13,705.29M	13,483.10M	14,417.04M	10,742.50M	9,622.36M
Total equity	5,800.62M	4,821.39M	4,651.61M	4,997.92M	5,045.39M
Operating cash flow	1,049.89M	625.37M	1,450.44M	1,424.16M	1,052.71M

Valuation Measures

Mar 2022
PER	12.99
ROA	2.86%
ROE	8.65%
Operating margin	4.54%
Profit margin	3.52%

Key executives

President, CEO & Representative Director: Kinya Seto
CFO, Director, EVP, Head-Finance & Accounting: Sachio Matsumoto
Chief Digital Officer, Head-Marketing & IT: Yugo Kanazawa
Chief Technology & Standardization Officer: Uchu Mukai
Chief Legal & Compliance Officer: Shoko Kimijima

Shareholders

Capital International Ltd. (6.1%)
Capital Research & Management Co. (World Investors) (5.2%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.8%)
Nomura Asset Management Co., Ltd. (3.6%)
BlackRock Fund Advisors (3.2%)
Capital Research & Management Co. (Global Investors) (2.9%)
The Vanguard Group, Inc. (2.4%)
LIXIL Employee Stock Ownership Plan (2.2%)
BlackRock Japan Co., Ltd. (1.9%)
Daiwa Asset Management Co. Ltd. (1.6%)

Contact Details

Website:http://www.lixil.com
Address: 2-1-1 Ojima, Koto-Ku, Tokyo, 136-8535, Japan
Phone: +81.3.3638.8111

Related Companies

Lixil India Pvt Ltd.
LIXIL India Sanitaryware Pvt Ltd.
Lixil Group Restricted Stock Compensation Plan
LIXIL Home Finance Corp.
Nishi Kyushu Tostem Co., Ltd.
LIXIL Energy Co., Ltd.
ASD Holding Corp.
LIXIL Total Hanbai Corp.
G TERIOR Co., Ltd.
LIXIL Toyo Sash Shoji Co., Ltd.
Kuwata Co., Ltd.
LIXIL Renewal Corp.
JIO Corp.
JHS Engineering Corp.
LIXIL Group Finance Co., Ltd.
LIXIL Building Materials Manufacturing (Suzhou) Co., Ltd.
LIXIL Living Solution Corp.
LIXIL GLOBAL MANUFACTURING VIETNAM Co., Ltd.
LIXIL Building Materials Manufacturing (Shenyang) Corp.
Lixil Inax Vietnam Corp.
LIXIL Sanitary Fitting Manufacturing (Suzhou) Corp.
Lixil Building Materials Manufactuaring (Suzhou) Corp.
Amtronic Pte Ltd.
Sentini Sanitarywares Pvt Ltd.
Tostem Housing Products (Dalian) Co. Ltd.
LIXIL (China) Investment Co., Ltd.
American Standard Vietnam Co. Ltd.
LIXIL Housing Research Institute Ltd.
LIXIL Information Systems Corp.
Oita Tostem Co., Ltd.

Competitors

Fortune Brands Home & Security, Inc.
Masco Corporation
Sankyo Tateyama, Inc.
Panasonic Holdings Corporation
Takara Standard Co., Ltd
Geberit AG
TOTO Ltd
Cleanup Corporation
Xiamen R & T Plumbing Technology Co., Ltd. Class A
Hamat Group Ltd.

Last Updated on 30 Sep, 2022