India, 12th June 2026: LIXIL Corporation, maker of pioneering water and housing products, reported its financial results for the fiscal year ended March 31, 2026, delivering a 22.9% increase in core earnings to ¥38.5 billion. The company’s international business continued to demonstrate resilience despite ongoing global market challenges, with India emerging as an important contributor to growth within the IMEA (India, Middle East and Africa) region through sustained demand for premium, design-led, and sustainable home solutions.

LIXIL reported consolidated revenue of ¥1,510.7 billion, up 0.4% year on year, while EBITDA increased by ¥7.1 billion to ¥121.6 billion. Core earnings rose 22.9% to ¥38.5 billion, with the overall core earnings margin improving by 0.5 percentage points to 2.5%. Net profit attributable to owners of the parent increased to ¥8.1 billion, supported by improved earnings performance and lower corporate income tax expenses.

Within the international business, revenue increased to ¥520.9 billion, supported by growth across Europe, India, and the Middle East. The IMEA region delivered one of the strongest performances across LIXIL’s global operations, with revenue growing 15% and core earnings increasing 4.3 times year on year, driven by continued momentum for the GROHE brand and sustained demand across India and the Middle East. In India, GROHE continues to strengthen its presence across the premium bathroom solutions segment through a growing portfolio of design-led, technology-driven, and sustainable offerings that address evolving consumer and the premiumisation of India’s housing market.Revenue from LIXIL Water Technology’s international business remained stable at ¥492.5 billion, while core earnings increased 31.2% to ¥21.8 billion, supported by growth across Europe and IMEA and an improved product mix.

Commenting on the results, Kinya Seto, CEO, LIXIL, said,“In the fiscal year ending March 2026, we achieved year-on-year growth in both revenue and profit despite the business environment remaining more challenging than anticipated. Core earnings exceeded our initial forecast. In Japan, the decline in new housing demand was offset by growth in renovation sales, which has been a continuous area of focus, and resulted in higher profits across all segments. In our international business, we achieved a significant improvement in core earnings, particularly in Europe and IMEA. Our strategic initiatives, including structural reforms and our shift to high-value-added products, are progressing and steadily yielding results.

Based on the LIXIL Playbook, which outlines our management direction, we have been building a business foundation resilient to external changes. To address geopolitical risks such as the current situation in the Middle East, we are enhancing our agility to respond proactively to changes through the optimization of our supply chain. Furthermore, we have been strategically advancing the development and sales expansion of environmentally friendly and circular products that contribute to improved profitability and mitigate some supply chain risks. These include ‘PremiAL’, a low-carbon aluminum made primarily from scrap aluminum, and ‘revia’, which is made primarily from waste plastic. While the future outlook remains uncertain, we will continue our transformation to strengthen our profitability and achieve sustainable growth.”

Looking ahead, LIXIL has maintained its FYE2026 year-end dividend forecast at ¥45 per share and expects its annual dividend for FYE2027 to remain unchanged at ¥90 per share. The company forecasts revenue of ¥1,600 billion, core earnings of ¥45 billion, and net profit of ¥12 billion for the fiscal year ending March 2027, while continuing to focus on innovation, operational resilience, and sustainable growth across key markets. Supported by a diversified global business and continued momentum across growth regions, LIXIL remains focused on strengthening long-term value creation while responding to evolving market needs.