CORPORATE PROFILE
2024-2025

Copyright © LIXIL Corporation. All rights reserved.
Copyright © LIXIL Corporation. All rights reserved.

CORPORATE PHILOSOPHY

LIXIL’s purpose is the north star that guides LIXIL’s employees in making decisions andinspires us to become a more agile, entrepreneurial company for sustainable growth.
Our people put the three LIXIL Behaviors into practice every day to achieve this purpose,
while also looking after the environment, and creating value for society.

1

ABOUT LIXILAt LIXIL, we draw on our Japanese heritage to create world leading technology and innovate to makehigh quality products that transform homes.

APPROXIMATELY
53,000EMPLOYEES※As of March 2024.

TOUCHING THE
LIVES OF OVER
1 BILLIONPEOPLEPRESENT IN 150+
COUNTRIESOVER 100 YEARSBRAND LEGACY

2

OUR BUSINESSES
Water Technology

We provide bathroom and kitchen products throughleading global brands, including INAX, GROHE, andAmerican Standard.

Housing Technology

Through TOSTEM, exsior and other brands, we provide
products such as windows, entrance doors, exteriors, andinterior furnishing materials. Our advanced Super Wallconstruction method ensures homes are comfortable andwell-insulated.

※In order to strengthen the foundation of the Japan business, the kitchen, vanity, and interior businesses were consolidated to launch the Living Division in April 2023.

3

ICONIC, INDUSTRY-LEADING BRANDS
While LIXIL has its own uniquepersonality and strengths, together
each of our brands provide us withan unmatched offering and theability to meet the full scope ofconsumer preferences and needs.

4

PRESENT IN OVER 150 COUNTRIESLIXIL was born in 2011 through the merger of five of Japan's most successful building materials andhousing companies, TOSTEM, INAX, Shin Nikkei, Sunwave, and TOEX. Today, we're a global enterprisethat has expanded internationally by acquiring some of the most trusted names in our industry, including
GROHE and American Standard.
Americas185.3
Billion yen

Europe146.1
Billion yen

Asia Pacific

164.8
Billion yen

Japan

975.2
Billion yen

Other

11.9

Total Revenue

1,483.2 Billion yen

Billion yen※Results for the fiscal year ending March 2024.

5

ACHIEVING SUSTAINABLE GROWTH AND
THE LIXIL PURPOSE

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BUILDING AN ORGANIZATION THAT DRIVES INNOVATION#01

Work Environment & Elevating Talent

At LIXIL, our value creation is driven by our people.
We cultivate a culture that embraces innovation.

#02

DesignWe have set up design studios in major world cities. We bring
together leading technology and consumer-centric design.

• NATIONAL AND

INTERNATIONALDESIGN AWARDS

700+ 1

1 Based on Cumulative Figures Since 2018

We promote diverse and flexible
work styles while creating an
inclusive work environment whereeveryone empowers them toinnovate together.
Our focus is to elevate the talent inour company to drive innovation andsustainable growth.

Digital Transformation (DX)#03

We tap digital technology to meet
evolving customer needs, develop
new businesses, improve
productivity, and offer ouremployees innovative work styles.

• 3,000+ application developedby employees themselves using
no-code app development tool.

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GENERATING SOCIAL AND ENVIRONMENTAL IMPACT THROUGH OUR BUSINESSACTIVITIESLIXIL strives to generate a positive impact on society and the environment through its business activities.
Based on our Impact Strategy, we address the most pressing global issues and drive innovation to realize
our corporate Purpose.

GLOBAL SANITATION ＆ HYGIENE
Sanitation and Hygiene for All

ImpactStrategyThreeStrategicPillars

WATER CONSERVATION &ENVIRONMENTAL SUSTAINABILITY
Zero Carbon and Circular Living

DIVERSITY & INCLUSION
Inclusive for All※Details about our Impact strategy, please see here.

8LIXIL INNOVATION EXPANDING OUR POSITIVE IMPACTGLOBAL SANITATION ＆HYGIENE

WATER CONSERVATION &ENVIRONMENTAL SUSTAINABILITY

DIVERSITY & INCLUSION

Improving lives throughsafe sanitationand hygiene

Aiming to achieve net-zerocarbon emissions andpreserve water andnatural resources

Creating new value throughproducts that are easy foreveryone to use“ SATO "“ PremiAL "“ KINUAMI " 3

SATO’s innovative and affordable solutions aredesigned for use in emerging markets that lackaccess to improved sanitation and hygiene. By
creating products tailored to local needs, wehave improved sanitation and hygiene access toapproximately 68 million people¹.

PremiAL R100, Japan’s first2 low-carbon
aluminum building material made from 100%
recycled aluminum, reduces CO₂ emissions byapproximately 80% when compared withsmelting new ingots and promotes a circular
economy.

The shower head produces a rich foam that
instantly covers the bather’s body and gently
cleanses the skin. KINUAMI, a brand-new
bathing experience, caters to various needs and,in Japan, contributes to easing the bathing
assistance and the burden of childcare.

1 As of March 31, 2024.
2 As of April 2023, According to our research
3 Innovate beyond the original KINUAMI products and expand into the development of the GROHE PureFoam, targeting broader consumers in the global markets.

9APPENDIX10

CORPORATE INFORMATION
LIXIL Corporation
Director, Representative Executive Officer andPresident, Chief Executive Officer (CEO)Securities CodeKinya Seto

5938

Head Office

Osaki Garden Tower
1-1 Nishi-Shinagawa 1-chome, Shinagawa-ku, Tokyo

Established

September 19, 1949

Number of Employees
Capital53,834 (consolidated basis) ※68.5 billion yen

Fiscal Year-end

March 31

Shares outstanding

287,211,790※ As of March 2024

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CORPORATE HISTORY
Chugai Seiko Co., Ltd., thepredecessor of SUNWAVECORPORATION, is foundedby Ryozo Yoshizaki.

Predecessor
company ofAmerican Standard,
is founded.

Takejiro Ushioda
sets upthe predecessor ofTOSTEM.

GROHE is founded byFriedrich Grohe.

1924
1875

1923

1949
1936
Nihon Tategu Kogyo Co., Ltd.
(later TOSTEM Corporation;
currently LIXIL Corporation) isfounded by Kenjiro Ushioda.

The predecessor
INAX, is founded by
Chozaburo Ina.

GROHE Group S.A.R.L.
becomes an equitymethod affiliatedcompany of LIXIL
Corporation.

TOSTEM, INAX, Shin Nikkei,
SUNWAVE and Toyo
Exterior are integrated toestablish LIXIL Corporation.

2009

2013

2011
American Standard Asia
Pacific becomes asubsidiary of INAXCorporation.

2020

2014

American Standard
Brands in the US
becomes a subsidiary of
LIXIL Corporation.
LIXIL Group Corporation
merged with its wholly
owned subsidiary LIXIL
Corporation to form an
operating company.

12PRODUCT AND TECHNOLOGY HISTORYAQUA CERAMIC, anindustry leading newmaterial that prevents
stains, launches
The founder of INAX provides
technology advice on the production ofexterior tiles for the Imperial Hotelbuilding designed by Frank Lloyd Wright.

GROHE announces Everstream,a concept of recycling shower.

High-performance hybrid
window SAMOS launches.

1967
1919

2013
2010

INAX launches
the first
made-in-Japanshower toilet.

2024

202220162023

Launched PremiAL,a series of low-carbon
aluminum
extrusion products.
Manufacturing and sales of
SATO toilet pans begin.

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