The global brand continues to strengthen supply chain resilience and expand sustainable product innovation
LIXIL Corporation has announced its full-year results for the fiscal year ending March 31, 2026. The company reported a 22.9% increase in core earnings to ¥38.5bn and highlighted strong performance across its international operations. The IMEA (India, Middle East and Africa) region delivered significant growth during the fiscal year, with strong demand across the Middle East and the continued strong performance of the GROHE brand contributing to revenue and profitability improvements.
“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. 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,” explained Kinya Seto, Director Representative Executive Officer President and Chief Executive Officer, LIXIL Corporation
“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,” he further affirmed.
Revenue
Consolidated revenue increased by 0.4% year on year to ¥1,510.7bn. In Japan, LIXIL captured renovation demand for water products and saw the positive effects of price optimization, leading to increased sales. Total revenue for the Japan business increased by 0.5% to ¥1,023.4bn. Revenue from the international business increased by 0.3% year on year to ¥520.9bn.
Core earnings
Core earnings increased by 22.9% to ¥38.5bn. While the Japan business was impacted by decreased new housing demand, this was offset by an increase in renovation sales and price optimization.
Strong performance in IMEA
The IMEA region delivered one of the strongest performances across LIXIL’s international operations, with revenue increasing by 15% while core earnings grew 4.3 times year on year, driven primarily by the continued strong performance of the GROHE brand. In addition to sustained revenue growth in India, strong demand continued across the Middle East.
Sustainable innovation and supply chain resilience
LIXIL continues to advance environmentally friendly products that contribute to improved profitability while helping mitigate supply chain risks.
For FYE2027, LIXIL expects to generate–revenue of ¥1,600bn; core earnings of ¥45bn and
net profit of ¥12bn.
