Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from LIXIL Group ( (JP:5938) ).
LIXIL Corporation announced a significant decrease in corporate income tax expenses for its subsidiary, LIXIL Europe, due to the recalculation of future tax liabilities following Germany’s Corporate Growth Opportunities Act. This adjustment, expected to reduce tax expenses by approximately JPY12.0 billion, will not impact LIXIL Europe’s operations or cash flow, but it will be reflected in the company’s financial performance over the fiscal year ending March 2026. Despite this tax adjustment, LIXIL maintains its annual dividend forecast, indicating stable financial expectations.
The most recent analyst rating on (JP:5938) stock is a Hold with a Yen1825.00 price target. To see the full list of analyst forecasts on LIXIL Group stock, see the JP:5938 Stock Forecast page.
More about LIXIL Group
LIXIL Corporation is a prominent player in the building materials and housing equipment industry, known for its innovative solutions in water and housing technology. The company primarily focuses on providing high-quality products and services that enhance living spaces, catering to both residential and commercial markets.
YTD Price Performance: 11.49%
Average Trading Volume: 1,532,127
Technical Sentiment Signal: Buy
Current Market Cap: Yen526.6B
For detailed information about 5938 stock, go to TipRanks’ Stock Analysis page.