
Lixil Group Corporation
Lixil
LIXIL Corporation is a world-leading housing equipment and building materials group, and one of Asia's largest building material companies, formed through the integration of five major Japanese building material manufacturers in 2011 and headquartered in Tokyo, listed on the Tokyo Stock Exchange (ticker: 5938). Operating through vertically integrated manufacturing, the company deeply focuses on plumbing, sanitary ware, and window systems within the full spectrum of building materials, offering a comprehensive portfolio spanning smart toilets and thermostatic showers (INAX, GROHE, American Standard), thermal-break aluminum window systems (TOSTEM), system kitchens (SUNWAVE), eco-ceramic breathing tiles (ECOCARAT), outdoor fencing and sunrooms (TOEX), smart entry systems, and complete bathroom solutions. With FY2024/2025 revenue of JPY 1.504 trillion (approximately $10.0 billion) and core profit growth of 35.3% year-over-year, LIXIL operates 77 self-owned manufacturing facilities globally, employs approximately 48,660 people, and serves over 150 countries. Powered by a globally unrivaled water technology brand portfolio (GROHE, American Standard, INAX), dominant Japanese window systems and booming renovation business, and the proprietary functional material ECOCARAT breathing tile technology moat, LIXIL is solidifying its position as Asia's premier building materials and housing equipment leader through its unique "century-old craftsmanship + global integration" model.
Strengths: LIXIL's core strength lies in its unparalleled global water technology brand portfolio and comprehensive whole-home building materials integration. GROHE leads Europe's premium market, American Standard dominates North American mass channels, and INAX excels in Asia with smart toilets and ECOCARAT breathing tiles, creating a dominant position in hotel and spec home project tenders. Its dominant Japanese window systems (TOSTEM) and renovation business provide a stable profit foundation, with ultra-high insulation system windows capturing the renovation market as a key engine offsetting sluggish new housing starts. Proprietary products like ECOCARAT breathing tiles and GROHE water-saving systems offer significant differentiation advantages in green building procurement.
Weaknesses: LIXIL's primary weaknesses include heavy dependence on the Japanese domestic market, with aging population and persistently low new housing starts suppressing growth ceilings, forcing extensive structural reforms (plant closures in Thailand, exit from ceramic siding business, workforce reductions) that pressure short-term profitability. Its global integration progress has lagged expectations, with back-end supply chain and ERP system unification still underway across acquired brands like GROHE and American Standard, limiting synergy realization. It faces intense competition in Asian markets from specialized sanitary ware giants like TOTO and Kohler, with significant brand overlap and channel management complexity, while North American operations remain in an adjustment phase.Read MoreShow Less
Strengths: LIXIL's core strength lies in its unparalleled global water technology brand portfolio and comprehensive whole-home building materials integration. GROHE leads Europe's premium market, American Standard dominates North American mass channels, and INAX excels in Asia with smart toilets and ECOCARAT breathing tiles, creating a dominant position in hotel and spec home project tenders. Its dominant Japanese window systems (TOSTEM) and renovation business provide a stable profit foundation, with ultra-high insulation system windows capturing the renovation market as a key engine offsetting sluggish new housing starts. Proprietary products like ECOCARAT breathing tiles and GROHE water-saving systems offer significant differentiation advantages in green building procurement.
Weaknesses: LIXIL's primary weaknesses include heavy dependence on the Japanese domestic market, with aging population and persistently low new housing starts suppressing growth ceilings, forcing extensive structural reforms (plant closures in Thailand, exit from ceramic siding business, workforce reductions) that pressure short-term profitability. Its global integration progress has lagged expectations, with back-end supply chain and ERP system unification still underway across acquired brands like GROHE and American Standard, limiting synergy realization. It faces intense competition in Asian markets from specialized sanitary ware giants like TOTO and Kohler, with significant brand overlap and channel management complexity, while North American operations remain in an adjustment phase.
Listed market data
5938 · TSE · weeklyHistory →- Market cap
- $3.1 B
- Share price
- JPY 1682.00
- 1Y change
- -3.6%
- Recent change
- +1.2%
- Since first close
- +18.0%
10-30 → 11-02
from 2001-01
Financial history
Full market history- 2026-11JPY 1682.00≈ $3.1 B+1.2%
- 2026-10JPY 1662.50≈ $3 B-2.0%
- 2026-09JPY 1696.00≈ $3.1 B-4.2%
- 2026-08JPY 1771.00≈ $3.2 B+2.1%
- 2026-07JPY 1735.00≈ $3.2 B-3.8%
- 2026-06JPY 1804.00≈ $3.3 B+7.0%
- 2026-05JPY 1686.50≈ $3.1 B+4.2%
- 2026-04JPY 1619.00≈ $3 B-0.2%
- 2026-03JPY 1621.50≈ $3 B-11.6%
- 2026-02JPY 1835.00≈ $3.3 B+3.5%
- 2026-01JPY 1772.50≈ $3.2 B-6.4%
- 2025-12JPY 1894.50≈ $3.5 B—
Ownership & Control
Latest available filings- Controlling entity
- Publicly held — no controlling shareholder disclosed
- Company type
- Brand & Manufacturer
- Insiders
- —
- Institutions
- —
- Free float
- —
Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.
In the press
All coverage →5 latest headlines11- Atlas Holdings to acquire Permasteelisa from LIXIL - PEI Private Equitywww.privateequityinternational.com2026-10-29
- LIXIL’s strong employer brand a key to attract talent, business growth - Nation Thailandwww.nationthailand.com2024-04-23
- LIXIL Corp. Partners with Tuck Executive Education for Custom Program - Dartmouth Tuck School of Businesstuck.dartmouth.edu2020-11-13
- Lixil to capitalize on pandemic-driven market demand in China - China Dailywww.chinadaily.com.cn2020-11-07
- Lixil puts again building coatings leader Permasteelisa on sale. Private equity firms to study the deal - BeBeez Internationalbebeez.eu2019-11-19
Quick Facts
Headquarters
Tokyo, Japan
Founded
1949
Employees
58K+
Market cap
$3.1 B
Factories
79 wholly-operated manufacturing plants across 10 core markets
Presence
150+ Countries
Listing
TYO : 5938Categories
24 categories · scroll for more
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Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website TYO : 5938 , LIXIL Official Website
LIXIL FYE2026 Results Announcement
LIXIL Financial Forecasts
Wikipedia: LIXIL Group
