March 31, 2011
LIXIL Corporation
The New LIXIL Corporation commences from April 1, 2011
LIXIL Corporation will become one of the largest companies in the building materials
and housing equipment with its sales of over 1 trillion yen and employees ofapproximately 60,000

Five operating companies under JS Group Corporation (“JSGC”) will merge andform LIXIL Corporation (“LIXIL”) and start operating from April 1, 2011. The fiveoperating companies to be integrated are Tostem Corporation, Inax Corporation,
Shin Nikkei Company, Ltd., Sun Wave Corporation, and Toyo Exterior Co., Ltd.
LIXIL will become one of the largest companies in the building materials andhousing equipment industry with its sales of over 1 trillion yen and employees ofapproximately 60,000. There will be four in-house companies (Domestic Sales& Marketing Company, Global Business Company, Metal and Architectural
Materials Company, Kitchen & Plumbing Fixtures Company) under LIXIL andalso 17 regional offices, 83 branches, 287 sales offices, and 44 production sites
for domestic sales and production*. Overseas sales and production will bedone in 17 countries*.
* As of April 1, 2011.

Tostem, INAX, SHINNIKKEI, SunWave, TOEX will no longer be corporate
bodies but brands of LIXIL from here on.
[Objectives and background of establishing LIXIL Corporation]
Business environment surrounding housing related industry in Japan has beensignificantly changing due to low birthrate and aging population along withglobalization. Under such change of the environment, JSGC will integrate its
operating companies that currently exist for manufacturing and sales of eachproduct. Also, based on the group strategy of selection and concentration, thegroup will form a more efficient business and operational system and easier
investment of management resources into growth expected business areas suchas home renovation market and overseas market with Asia at the center. As aresult of the establishment of LIXIL, the group will become an organization that
could offer an even more comprehensive solution to satisfy its customers by thecombination of various products and services.

1. Business promotion structure of LIXIL Corporation
Domestic Sales & Marketing Company

Provides all sales and marketing related

The Head: Mr. Toshio Ohtake

services(Current President of Tostem Corporation)

installation.

Global Business Company

Coordinates and collaborates with foreign

The Head: Mr. Toshimasa Iue

subsidiaries to expand overseas business(Current President of LIXIL Corporation)

for the entire group.

Metal and Architectural Materials Company

Develops and produces metal building

The Head: Mr. Ryuichi Kawamotomaterials including windows, entrance(Current President of Inax Corporation)

doors, exterior products, and other.

Kitchen & Plumbing Fixtures Company

Develops and produces plumbing fixtures,

The Head: Mr. Tadashi Arishiro

including kitchen systems, sanitary ware,inJapan,

fromsalesto(Current Director and Senior Executive washstand cabinet units, and tiles.
Officer of Inax Corporation)

2. Outline of LIXIL Corporation
Corporate name

LIXIL Corporation

Major businesses

Manufacture and sales of building materials and housing
equipment as well as related services.

Registered office2-1-1 Ojima, Koto-ku, Tokyo 136-8535, Japan

Head office

36F Kasumigaseki Building, 3-2-5 Kasumigaseki, Chiyoda-ku,
100-6036 Tokyo

Established

October 1, 2001

Capital34.6 billion yen

Board of directors

Representative Executive Yoichiro Ushioda
Board Director, CEO
Representative Executive Masahiro Sugino
Board Director, COO
Executive Directors

Toshio Ohtake
Ryuichi Kawamoto
Toshimasa Iue
Takashi Tsutsui
Yoshizumi Kanamori

Auditors

Masakazu Nishimura
Satoshi Koshida