July 24, 2014 10:42 PM ET

Building Products

Company Overview of LIXIL Corporation

Company Overview

LIXIL Corporation manufactures and sells building materials and housing equipment. It offers bathrooms, sanitary wares, kitchens, curtain walls, interior furnishing materials, shutters, windows, entrance doors, exteriors, tiles, steel doors, and interior fabrics, as well as solar power generation systems. The company was founded in 2001 and is based in Tokyo, Japan. LIXIL Corporation operates as a subsidiary of LIXIL Group Corporation.

36 Floor

Kasumigaseki Building

3-2-5 Kasumigaseki

Chiyoda-ku

Tokyo,  100-6036

Japan

Founded in 2001

Phone:

81 3 6273 3252

Fax:

81 3 6273 3281

Key Executives for LIXIL Corporation

Chief Executive Officer
Age: 62
Executive Director and President of Metal & Architectural Materials Company
Age: 60
Executive Director and President of Global Business Company
Chief Legal Officer
Executive Director
Age: 64
Compensation as of Fiscal Year 2014.

LIXIL Corporation Key Developments

LIXIL Corporation Appoints Jay Gould to Board of Directors

American Standard Brands announced that President and CEO Jay Gould has been appointed to the Board of Directors of LIXIL Corporation. The appointment was confirmed at the June gathering of LIXIL's Ordinary General Meeting of Shareholders. Gould joined American Standard Brands in January 2012.

LIXIL Corporation Announces Executive Changes

LIXIL Corporation announced candidates to be appointed as Directors and Executive Officers, which will be proposed at the Ordinary General Meeting of Shareholders on June 2014. Kenji Uenishi as Director, Senior Managing Director and Operating Officer Chief Supply Chain Officer (CSCO); Laurence W. Bates as Director, Senior Managing Director and Operating Officer Chief Legal Officer(CLO), Legal Business and LIXIL Group Corporation Senior Managing Director and Operating Officer, Legal Business; Jay D. Gould as Director and American Standard Brands President and CEO; David J. Haines as Director and Chairman and CEO of GROHE Group S.à r.l. and announced resignation of Ryo Nihei as Senior Managing Director and Operating Officer Managing Director of Technology Research Department; and Harumi Matsumura as Senior Managing Director and Operating Officer Chief Communication Officer (CCO), Public Relations, CSR & Environmental Business.

LIXIL Corporation Develops New Installation Method for Solar Panels

LIXIL Corporation released a solar power generation system that reduces the number of foundations and construction cost by connecting beams February 3, 2014. The Consecutive Type enables to reduce the number of columns at the time of increasing the number of panels by using sleeves to connect beams. With the smaller number of beams, the number of foundations decreases, reducing cost for foundation work. It is suited for middle-sized solar systems with a large number of panels. Connected beams increase a sense of unity, creating a neat, beautiful appearance. As a measure to prevent solar panels from being stolen, Lixil developed an 'anti-theft bolt.' Because the bolt cannot be easily removed, it is possible to increase anti-theft effect just by replacing existing bolts with the new bolt.

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