LIXIL Revises Non-Consolidated FY2026 Results Without Affecting Group Earnings

LIXIL Group ( (JP:5938) ) just unveiled an update.

LIXIL Corporation has revised part of its previously disclosed non-consolidated financial results for the fiscal year ended March 31, 2026, following a reassessment of receivables from a consolidated subsidiary and the application of Japanese tax accounting standards. The corrections lower fiscal 2026 ordinary profit from ¥20.16 billion to ¥19.57 billion and net income from ¥19.49 billion to ¥17.58 billion, as well as slightly reducing total assets and net assets, while leaving the company’s consolidated financial statements unchanged.

The adjustments also decrease basic earnings per share for fiscal 2026 from ¥67.82 to ¥61.18 and marginally reduce the equity-to-asset ratio and net assets per share, signaling a modest weakening in the parent company’s standalone financial position. However, because the corrections do not affect consolidated results, the impact on the broader group’s financial health and on stakeholders such as shareholders and creditors is limited, framing this mainly as a technical restatement at the non-consolidated level.

The most recent analyst rating on (JP:5938) stock is a Hold with a Yen1600.00 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 Japan-based building materials and housing equipment manufacturer listed on the TSE Prime and NSE Premier markets. The company focuses on products such as housing fixtures, building materials, and related services, serving residential and commercial construction markets domestically and globally.

YTD Price Performance: -9.31%

Average Trading Volume: 2,595,521

Technical Sentiment Signal: Sell

Current Market Cap: Yen480.8B

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