LIXIL Corporation (5938) Stock Price

LIXIL operates primarily through two business segments: Water Technology and Housing Technology. The Water Technology business provides water-related equipment including sanitary fixtures, bidet toilets, faucets, unit baths, and system kitchens. The company also handles exterior and interior tiles for residential and commercial buildings.

The Housing Technology business supplies metal building materials for residential, commercial, and retail applications, including window frames, entrance doors, shutters, gates, and carports. Additionally, LIXIL offers wood-based interior building materials such as window frames and interior fixtures, as well as other building materials including siding and roofing products. In housing-related services, the company operates franchise chains for construction firms, manages real estate, and provides franchise support for real estate businesses.

LIXIL's major affiliated companies include LIXIL Total Service, LIXIL Total Sales, G-Terior, LIXIL Housing Research Institute, Asahi Tostem Exterior, and LIXIL Renewal. These companies play important roles in supporting LIXIL's business operations.

LIXIL aims for sustainable growth by building an agile, entrepreneurial company. Driven by employee value creation, LIXIL practices LIXIL Behaviors and provides advanced technology and products to realize housing dreams. The company develops products that enrich homes, including showers, faucets, kitchens, toilets, doors, windows, and interior and exterior materials.

LIXIL was founded in 2011 through the integration of five major domestic building materials and equipment manufacturers. Since then, it has acquired global brands including GROHE and American Standard, delivering high-quality products worldwide. Today, LIXIL employs approximately 48,600 people across 150 countries and provides products to over 1 billion people daily.

Based on the LIXIL Playbook, the company pursues sustainable growth by focusing on asset-light operations, recovery of overseas business, and building a resilient business foundation. In the United States, LIXIL is improving business recovery and profitability through a strategic partnership with American Bath Group.

In the European market, LIXIL expanded sales in showers and faucets despite economic slowdown in Western Europe. The company achieved significant sales growth in the Middle East and India while strengthening regional business operations. In Japan, LIXIL is strengthening its focus on renovation demand as new construction demand declines.

Through structural reform and innovation, LIXIL increased sales revenue and operating profit compared to the prior year. As medium-to-long-term financial targets, the company aims for an operating profit margin of 10%, ROIC of 10%, and operating profit of 110 billion yen or more by 2028. LIXIL will enhance synergies in the renovation market and improve productivity through digital technologies such as AI.

LIXIL has set five priority issues in the LIXIL Playbook: addressing inflation and supply chain challenges, optimizing Japan operations, promoting overseas growth in water technology business, integrating environmental strategy, and creating new core businesses. Through these initiatives, LIXIL will achieve sustainable growth and value creation.

LIXIL is expanding its portfolio of products with social and environmental impact, aiming for these products to represent more than half of sales by 2030. Long-term, the company aspires to be an enterprise that realizes "comfortable and enriched homes desired by everyone worldwide," contributing to the resolution of social and environmental challenges.