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Producer Manufacturing

LIXIL Corp.

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 2021 JPYUSD
Revenue1,378.25B12,995.36M
Gross Profit469,220M4,424.20M
Operating income57,288M540.16M
Income before tax33,804M318.73M
Net income16,363M154.28M
EBITDA137,838M1,299.65M
Diluted EPS160.881.51
Dividends Per Share750.70
Total Assets1,741.81B15,763.02M
Total liabilities1,187.04B10,742.50M
Total equity552,271M4,997.92M
Operating cash flow151,043M1,424.16M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,633.22B 1,829.34B 1,692.43B 1,694.43B 1,378.25B
Gross Profit 551,526M 576,922M 525,355M 507,050M 469,220M
Operating income 89,781M 76,046M 54,485M 58,576M 57,288M
Income before tax 70,514M 65,100M 47,598M 46,811M 33,804M
Net income 48,581M 54,581M 25,369M 30,774M 16,363M
EBITDA 146,441M 139,597M 122,867M 163,711M 137,838M
Diluted EPS 133.34 170.89 -179.97 157.58 160.88
Dividends Per Share 60 65 70 70 75
Total Assets 2,042.16B 2,107.13B 2,059.54B 2,091.52B 1,741.81B
Total liabilities 1,482.73B 1,457.55B 1,492.37B 1,556.39B 1,187.04B
Total equity 547,244M 616,897M 533,656M 502,165M 552,271M
Operating cash flow 132,531M 116,362M 69,351M 157,701M 151,043M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 15,082.34M 16,505.49M 15,261.61M 15,584.51M 12,995.36M
Gross Profit 5,093.16M 5,205.35M 4,737.42M 4,663.56M 4,424.20M
Operating income 829.09M 686.13M 491.32M 538.74M 540.16M
Income before tax 651.17M 587.37M 429.21M 430.54M 318.73M
Net income 448.62M 492.46M 228.76M 283.04M 154.28M
EBITDA 1,352.33M 1,259.53M 1,107.96M 1,505.72M 1,299.65M
Diluted EPS 1.23 1.54 -1.62 1.44 1.51
Dividends Per Share 0.55 0.58 0.63 0.64 0.70
Total Assets 18,326.88M 19,813.16M 18,607.25M 19,374.08M 15,763.02M
Total liabilities 13,306.41M 13,705.29M 13,483.10M 14,417.04M 10,742.50M
Total equity 4,911.10M 5,800.62M 4,821.39M 4,651.61M 4,997.92M
Operating cash flow 1,223.88M 1,049.89M 625.37M 1,450.44M 1,424.16M

Valuation Measures

Mar 2021
PER18.16
ROA0.85%
ROE3.10%
Operating margin4.15%
Profit margin1.18%

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

  • LIXIL Corp. (7.4%)
  • Capital Research & Management Co. (Global Investors) (5.8%)
  • Nomura Asset Management Co., Ltd. (3.7%)
  • Asset Management One Co., Ltd. (3.0%)
  • LIXIL Employee Stock Ownership Plan (2.4%)
  • Dai-ichi Life Holdings, Inc. (2.0%)
  • The Vanguard Group, Inc. (2.0%)
  • Capital Research & Management Co. (World Investors) (1.9%)
  • Matthews International Capital Management LLC (1.5%)
  • Norges Bank Investment Management (1.4%)

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.
  • Spectrum Brands Holdings, Inc.
  • Hamat Group Ltd.
  • Masco Corporation
  • Xiamen R & T Plumbing Technology Co., Ltd. Class A
Last Updated on 14 Jun, 2021

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