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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 2022 JPYUSD
Revenue1,428.57B12,712.85M
Gross Profit444,891M3,959.06M
Operating income64,875M577.32M
Income before tax67,413M599.90M
Net income50,413M448.62M
EBITDA145,416M1,294.05M
Diluted EPS166.871.48
Dividends Per Share850.75
Total Assets1,782.88B14,689.03M
Total liabilities1,167.91B9,622.36M
Total equity612,385M5,045.39M
Operating cash flow118,296M1,052.71M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 2018Mar 2019Mar 2020Mar 2021Mar 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
PER12.99
ROA2.86%
ROE8.65%
Operating margin4.54%
Profit margin3.52%

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

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