December 28, 2014 12:50 AM ET

Building Products

Company Overview of LIXIL Corporation

Company Overview

LIXIL Corporation manufactures and sells building materials and housing equipment. The company offers bathroom products, kitchen products, curtain walls, heat-proof and air-proof windows, and entrance doors. It also offers interior furnishing materials, such as interior doors, sliding doors, storage systems, and flooring materials; sanitary wares, such as toilets, shower-toilets, basins, faucets, accessories, etc.; light-weighted shutters for shops and garages, as well as contemporary panel shutters and see-through shutters for modern streetscapes and commercial buildings; wall and floor tiles for residential and commercial buildings, bathroom tiles, and exterior tiles; home interior fabrics...

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 Plans to Establish LIXIL Water Technology Group for its Global Sanitary Ware Business

LIXIL Corporation announced a new global operating model with four core technology business units to further globalize the business. The most notable change will be the creation of LIXIL Water Technology Group, which integrates the worldwide sanitary ware business of the LIXIL Group, including the GROHE Group and American Standard Brands, effective April 1, 2015. This move will create a global market leader and the larger platform in the international sanitary ware market with sales of around USD 6 billion and earnings of around 10% operating profit, as well as some 27,000 employees, sales offices across 150 markets and about 50 production facilities globally. David J. Haines, Chairman and CEO of the GROHE Group will take over as CEO of LIXIL Water Technology Group in addition to his responsibilities to date. He will be supported by a seasoned management team that includes American Standard Brands President and CEO Jay D. Gould and Gould's leadership team. The GROHE, American Standard, JOYOU and LIXIL/Inax brands will remain independent and their own proven management teams will continue to run their businesses and organizations. Going forward, LWTG will establish four sales territories of Japan, EMEA, the Americas and Asia with primary responsibility for the different brands. Further developments will be announced in due time.

LIXIL Opens New Showroom at Crystal Design Center in Thailand

LIXIL Corporation opened its new showroom at the Crystal Design Center, or CDC, in Thailand. The showroom covers an area of more than 2,200 square meters, with a complete range of high quality housing equipment and building materials under one roof. This luxurious new showroom is opened following the closing of the existing 2 showrooms in CDC (American Standard Showroom and the TOSTEM Showroom, the latter called LIXIL Gallery, which featured sashes for the Thai market.). The new showroom features comprehensive product ranges such as sanitary wares, fittings, prefabricated bathrooms, and new product categories such as aluminum windows and doors, interior tiles, kitchens, laminated floors and wooden doors, and showcases renowned brands which are mostly well-recognized in the housing industry, such as LIXIL, American Standard, INAX and TOSTEM.

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.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 10, 2014
Grohe Group S. à r.l.
 

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