Lixil Group

LIXIL Group Corporation
Native name
 LIXILグループ株式会社
Public KK
Traded as TYO: 5938
NSE: 5938
ISIN JP3626800001
Industry Construction materials
Founded (September 19, 1949 (1949-09-19))
Headquarters Kasumigaseki Building, Kasumigaseki, Chiyoda-ku, Tokyo, 100-6036, Japan
Area served
 Worldwide
Key people
 Kinya Seto
(President and CEO)
Products
Revenue

Increase JPY 1,890 billion (FY 2015)

(US$ 16.79 billion) (FY 2015)
Profit

Decrease JPY -7.1 billion (FY 2015)

(US$ 63.08 million) (FY 2015)
Number of employees
 58,889 (as of March 31, 2016)
Subsidiaries Grohe
American Standard
Permasteelisa
INAX
Website Official website
Footnotes / references
[1][2]

LIXIL Group Corporation (LIXILグループ株式会社 LIXIL Gurūpu kabushiki-kaisha) is a Japanese manufacturer of building materials and housing equipment, headquartered in Tokyo.

History

The company was formed in 2011 by the merger of Tostem Corp. (a supplier of building materials), Inax Corp. (manufacturer of toilets and bathtubs), Shin Nikkei (maker of materials for skyscrapers), SUNWAVE (a kitchen company) and Toyo Exterior (manufacturer of gates and fences).[3]

In the same year Lixil bought Permasteelisa, an Italian developer of curtain walls, for €575 million.[4] Two years later Lixil bought Grohe, the German bathroom fixtures company for US$4.1 billion and American Standard Brands, a U.S. bathroom-fixture maker.[5]

Sponsorships

Lixil is the sponsor of the Lixil Cup, awarded since 2015 to the champion team from the finals of Japan's Top League, which the nation's highest level rugby union competition.[6]

The company also sponsors tennis player Kei Nishikori,[7] and is a sponsor of the 2020 Olympic Games.[7]

References

  1. ↑ "Corporate Information". Lixil. Retrieved October 11, 2016.
  2. ↑ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved October 11, 2016.
  3. ↑ Harding, Robin; Inagaki, Kana (April 21, 2015). "Lixil serves up a new style of Japanese multinational". Financial Times. Nikkei Inc. Archived from the original on October 12, 2016. Retrieved October 12, 2016.
  4. ↑ locationgroup research (February 27, 2014). Retail Market Study Worldwide 2014. Location Group AG. p. 119. ISBN 978-3-9524314-0-5.
  5. ↑ Redmond, Tom (September 20, 2016). "In hot water, bathroom fittings firm Lixil hires outsider to fix pipes". Japan Times. Archived from the original on October 12, 2016. Retrieved October 12, 2016.
  6. ↑ "Top League to introduce new officiating system this season". Japan Times. August 21, 2014. Archived from the original on January 13, 2015.
  7. 1 2 McCombs, Dave (January 8, 2016). "Japanese Tennis Ace Nishikori Renews Uniqlo Endorsement". Bloomberg News. Bloomberg L.P. Retrieved October 12, 2016.

External links

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