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LIXIL Group Corp (5938.T)

5938.T on Tokyo Stock Exchange

2,783JPY
28 Apr 2017
Change (% chg)

¥34 (+1.24%)
Prev Close
¥2,749
Open
¥2,753
Day's High
¥2,785
Day's Low
¥2,746
Volume
1,423,800
Avg. Vol
1,210,619
52-wk High
¥2,999
52-wk Low
¥1,593

Latest Key Developments (Source: Significant Developments)

Lixil Viva announces IPO on Tokyo Stock Exchange on April 12
Sunday, 9 Apr 2017 07:08am EDT 

Lixil Viva Corp <3564.T>: Says its stock will begin trading on the Tokyo Stock Exchange on April 12, 2017, under the symbol "3564" . In its initial public offering, the company will offer a total of 19,623,800 common shares, comprised of newly issued 4,720,000 shares and privately held 14,903,800 shares . Says the nominal offering price as of filing date of Registration Statement is 2,120 yen per share with total offering amount will be 41.6 billion yen, and the fixed offering price will be announced at later date .Nomura Securities Co Ltd and SMBC Nikko Securities Inc included, seven securities companies will be the underwriters for this offer.  Full Article

LIXIL Group announces private placement of treasury stock to president for 199.9 mln yen
Tuesday, 20 Sep 2016 03:25am EDT 

LIXIL Group Corp <5938.T>: Says the co to distribute 94,700 shares of its treasury common stock at 2,111 yen per share through private placement to the co's president . Says the co to raise 199.9 million yen in total through private placement . Says placement date is Oct. 6 .Say the proceeds to be used as the capital of marketing.  Full Article

LIXIL Group unit to sell housing unit
Wednesday, 20 Jul 2016 02:00am EDT 

LIXIL Group Corp <5938.T>: Says the co's wholly owned unit LIXIL Corp will sell its wholly owned unit, a Tochigi-based housing company, in late August . Says the buyer is a unit of Polaris Capital Group Co., Ltd .Says the transaction price is not disclosed.  Full Article

LiXiL Group unit to fully buy JV for 385 mln euros
Tuesday, 19 Jul 2016 02:30am EDT 

LiXiL Group Corp <5938.T>: Says its wholly owned unit will buy 50 percent stake in a JV, which was established with Development Bank of Japan Inc. . Says acquisition price is 385 million euros .Says the company will hold 100 percent stake in the target company and its units, including GROHE Group S.à r.l., after the acquisition.  Full Article

LIXIL Group lowers consolidated full-year outlook for FY 2016
Monday, 11 Apr 2016 02:30am EDT 

LIXIL Group Corp:Says the company lowered the consolidated full-year outlook for revenue to 1,840,000 million yen from 1,855,000 million yen for FY ended March 2016.Sees a decrease of operating profit forecast to 57,000 million yen from 62,000 million yen.Sees a decrease of ordinary profit forecast to 50,000 million yen from 57,000 million yen.Sees a decrease of net profit forecast to -20,000 million yen from 5,000 million yen.Sees a decrease of earnings per share to -68.34 yen from 17.45 yen.FY 2016 revenues of 1,912.88 billion yen, net income of 24.59 billion yen – Thomson Reuters I/B/E/S.Comments the increased losses and costs are the main reasons for the forecast.  Full Article

LIXIL Group unit to sell AMTRONIC and China-based unit
Tuesday, 1 Mar 2016 01:00am EST 

LIXIL Group Corp:Says its unit LIXIL Corporation signs an agreement to sell Singapore-based unit AMTRONIC Pte.Ltd., and 75 percent stake in China-based curtain wall unit was also sold to MEITE PROJECT PTE. LTD.Says to hold no stake in the China-based curtain wall unit after the transaction.  Full Article

R&I affirms LIXIL Group Corp's rating to "A" and announces negative outlook
Friday, 11 Dec 2015 01:00am EST 

LIXIL Group Corp:Rating and Investment Information, Inc. (R&I) affirmed the company's issuer rating at "A".Rating outlook negative.  Full Article

LIXIL Group amends consolidated full-year outlook for FY 2016
Sunday, 1 Nov 2015 11:00pm EST 

LIXIL Group Corp:Says the company amended the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 1,855,000 million yen from 1,870,000 million yen.Operating profit forecast increased to 62,000 million yen from 52,000 million yen.Ordinary profit forecast increased to 57,000 million yen from 52,000 million yen.Net profit forecast increased to 5,000 million yen from 3,000 million yen.Earnings per share forecast increased to 17.45 yen from 10.48 yen.FY 2016 revenues of 1,933.16 billion yen, net income of 24.54 billion yen – Thomson Reuters I/B/E/S.  Full Article

LIXIL Group raises consolidated mid-year outlook for FY 2016
Friday, 7 Aug 2015 12:00am EDT 

LIXIL Group Corp:Says the company raised the consolidated mid-year outlook for the FY ending March 2016.Revenue forecast increased to 880,000 million yen from 870,000 million yen.Operating profit forecast increased to 20,000 million yen from 9,500 million yen.Ordinary profit forecast increased to 18,000 million yen from 9,500 million yen.Net profit forecast with unchanged a loss of 18,000 million yen.Earnings per share forecast with unchanged a loss of 62.86 yen.Comments that selling price improvement and cost control are the main reasons for the forecast.  Full Article

LIXIL Group to issue year-end dividend for FY 2015
Monday, 8 Jun 2015 12:00am EDT 

LIXIL Group Corp:To issue a year-end dividend of 30 yen per share to all the shareholders of record as of March 31, for FY ended March 2015.Payment date June 29.Says latest dividend forecast was 30 yen per share.  Full Article

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