VerityRank
Lixil Group Corporation
Brand & Manufacturer VerifiedJapan

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.
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JapanFounded 194958K+79 wholly-operated… / 100
Listed onTSE5938
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

5938 · TSE · weeklyHistory →
Market cap
$3.1 B
Share price
JPY 1682.00
1Y change
-3.6%
Recent change
+1.2%

10-30 → 11-02

Since first close
+18.0%

from 2001-01

· updated 2026-11-02Source ↗

Financial history

Full market history
JPY 0$0JPY 500$1.0 BJPY 1000$2.0 BJPY 1500$3.0 BJPY 2000$4.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 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—
Monthly closes · 2025-12 – 2026-11 · Full market history

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
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

Lixil Group Corporation is Japan's largest building products and housing equipment manufacturer, formed through the 2011 merger of five major Japanese building materials companies (Tostem, INAX, Shin Nikkei, Toyo Exterior, and Sunwave). Headquartered in Tokyo, Japan, and publicly traded on the Tokyo Stock Exchange (5938.T), Lixil operates 96 production sites across 19 countries and employs approximately 55,000 people. In the doors and windows systems sector, Lixil's Tostem brand is Japan's dominant window and door manufacturer, while its international portfolio includes American Standard (acquired 2013) and Grohe (acquired 2014), earning a brand heat score of 89/100.

Core Business

Lixil operates through diversified business segments including doors and windows (40% of revenue), bathroom products (30%), kitchen products (20%), and other building materials (10%). The company's window systems are known for precision Japanese manufacturing, high thermal performance optimized for Asian climate zones, and integrated smart home compatibility. Lixil maintains comprehensive building products portfolio spanning windows, doors, kitchens, bathrooms, and plumbing, enabling cross-selling and whole-house solution positioning that single-category competitors cannot offer. The company operates under multiple brands including LIXIL, GROHE (high-end bathroom, German quality), INAX (Japan bathroom, technological innovation), and American Standard (American market).

Global Presence

Lixil operates 96 production sites across 19 countries, supported by 50+ R&D centers and 100+ logistics centers worldwide. The company's global operations span Japan (approximately 50+ bases), Asia (approximately 80+ bases), the Americas (approximately 50+ bases), and Europe (approximately 20 bases). Lixil's revenue is distributed across Japan (35%), the Americas (30%), Asia (25%), and other regions (10%), with operations spanning 150+ countries globally.

Key Strengths

Lixil's competitive advantages stem from its dominant position in the Japanese housing market—the world's third-largest construction economy—providing stable, high-volume domestic demand. The company's precision manufacturing culture inherited from Japan's automotive and electronics industries translates to exceptionally consistent product quality and low warranty claim rates. Lixil's comprehensive building products portfolio (windows, doors, kitchens, bathrooms, plumbing) enables cross-selling and whole-house solution positioning that single-category competitors cannot offer. However, Lixil faces weaknesses including heavy concentration of doors and windows business in Japan and Asia, limited brand recognition in North America and Europe, and complex conglomerate structure spanning multiple acquired brands creating management challenges. The Grohe and American Standard acquisitions have not meaningfully contributed to fenestration product synergy.

VerityRank Score

VerityRank Score of 89/100

VerityRank Score: 89/100

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 : 5938
Categories
Home FurnitureBuilding MaterialsMetal ProductsBuilding Materials CompaniesBuilding Materials SuppliersMetal Products CompaniesMetal Products ManufacturersMetal Surface Finishes Manufacturers & SuppliersArchitectural Metal Components Manufacturers & SuppliersBedroom Furniture IndustryLiving Room Furniture IndustrySeating Furniture IndustryStorage & Display Furniture IndustryWardrobes IndustryBathroom Fixtures BrandsBathroom Fixtures ManufacturersDoors & WindowsInnovations Building MaterialsMetal Structural Materials IndustryRailings & FencingTile CatalogMetal Structural Materials CompaniesMetal Structural Materials ManufacturersDoors & Windows Systems Brands

24 categories · scroll for more

Related

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