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LIXIL Group ( (JP:5938) ) just unveiled an announcement.
LIXIL Corporation reported core earnings of JPY36.5 billion and EBITDA of JPY98.4 billion for the third quarter of the fiscal year ending March 31, 2026, with renovation-related products in its LWTJ and Living segments offsetting sluggish new housing demand and delivering year-on-year growth in revenue and core earnings. The LHT business maintained revenue and core earnings at prior-year levels thanks to strong sales of subsidy-eligible products despite weak new housing demand, while the international LWT business significantly improved core earnings amid lower revenue, driven by robust performance in Europe, the Middle East, and India, though housing markets in the Americas and China remained soft; higher financial costs from exchange losses and lower tax expenses at a German subsidiary also shaped the quarter’s overall profitability profile.
The most recent analyst rating on (JP:5938) stock is a Hold with a Yen2000.00 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, listed on the Tokyo Stock Exchange, operates in the building materials and housing equipment industry, offering products for new housing and renovation markets in Japan and internationally, including regions such as Europe, the Middle East, India, the Americas, and China.
Average Trading Volume: 1,361,527
Technical Sentiment Signal: Buy
Current Market Cap: Yen521.3B
For a thorough assessment of 5938 stock, go to TipRanks’ Stock Analysis page.