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LIXIL Corporation Reports Fiscal Year 2025 Financial Discrepancies

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LIXIL Corporation Reports Fiscal Year 2025 Financial Discrepancies

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An announcement from LIXIL Group ( (JP:5938) ) is now available.

LIXIL Corporation reported a discrepancy between its forecasted and actual financial results for the fiscal year ending March 31, 2025. The profit before tax exceeded expectations due to reduced expenses from structural reforms, but the overall profit attributable to owners fell short due to increased tax burdens from underperforming subsidiaries.

More about LIXIL Group

LIXIL Corporation operates in the building materials and housing equipment industry, providing products such as housing fixtures and fittings, plumbing fixtures, and other related services. The company is listed on the Tokyo Stock Exchange Prime market and NSE Premier market.

YTD Price Performance: 9.24%

Average Trading Volume: 100

Technical Sentiment Signal: Hold

Current Market Cap: $3.34B

For a thorough assessment of 5938 stock, go to TipRanks’ Stock Analysis page.

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