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Earnings5938LIXIL CorporationConstruction and Materials

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (IFRS)

Revenue for the interim period increased 3.6% year on year, while operating profit decreased 44.1% and profit attributable to owners of the parent swung from a profit to a loss of ¥4,589 million. The full-year forecasts and dividend forecast remain unchanged.

Worth reading
51Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-44.1
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedIFRS
Net Sales762,461¥ millionYear on year +3.6%Progress 47.7%
Operating profit6,374¥ millionYear on year -44.1%Progress 17.0%
Ordinary income612¥ millionYear on year -86.3%Progress 2.4%
Net income attributable to owners of the parent-4,589¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥15.96
Financial position at period-end
Total assets1,867,679¥ million
of which net assets 636,271 ¥ millionEquity ratio 33.9%vs. prior year-end -1.4pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-6,512
Investment-21,494
Financials+24,443
Net change-3,563

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥111,415 million
Segment revenue
Water Technology Business421,61955.3%
Housing Technology Business249,37232.7%
Living business91,47012.0%
Segment profit
Water Technology Business22,83987.5%
Housing Technology Business1,0864.2%
Living business2,1708.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,600,000 million (YoY +5.9%)
Operating profit¥37,500 million (YoY +32.0%)
Ordinary income¥25,000 million (YoY +59.2%)
Net income¥12,000 million (YoY +36.8%)
Annual Dividend Forecast90 Yen → 90 Yen(0.0%)
Factors Behind Changes in Business Performance

This financial results summary does not provide details of the factors behind changes in performance, stating that they are provided in the supplementary financial results materials.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥275 million
Depreciation and amortization¥41,774 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For securities analysts and institutional investors
Issued Shares at Period-End287,664,534 shares
Treasury Shares at Period-End74,181 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥762,461 million (YoY +3.6%)
Operating profit¥6,374 million (YoY -44.1%)
Ordinary income¥612 million (YoY -86.3%)
Profit attributable to owners of the parent¥-4,589 million
Net income per share-¥15.96
Equity ratioEnd of the current fiscal period 33.9 / End of previous period 35.3
Total assets¥1,867,679 million
Net assets¥636,271 million
Cash flows from operating activities¥-6,512 million
Cash flows from investing activities¥-21,494 million
Cash flows from financing activities¥24,443 million
Cash and cash equivalents at end of period¥111,415 million
Full-year earnings forecastNet Sales ¥1,600,000 million (YoY +5.9%) / Operating profit ¥37,500 million (YoY +32.0%) / Ordinary income ¥25,000 million (YoY +59.2%) / Net income ¥12,000 million (YoY +36.8%)
Annual Dividend Forecast90 Yen → 90 Yen(0.0%)
Segment revenueSegment Water Technology Business / Net Sales ¥421,619 million / yoy_pct Not disclosed, Segment Housing Technology Business / Net Sales ¥249,372 million / yoy_pct Not disclosed, Segment Living business / Net Sales ¥91,470 million / yoy_pct Not disclosed
Segment profitSegment Water Technology Business / Segment profit ¥22,839 million / yoy_pct Not disclosed, Segment Housing Technology Business / Segment profit ¥1,086 million / yoy_pct Not disclosed, Segment Living business / Segment profit ¥2,170 million / yoy_pct Not disclosed
Depreciation and amortization¥41,774 million
Impairment loss¥275 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For securities analysts and institutional investors
Issued Shares at Period-End287,664,534 shares
Treasury Shares at Period-End74,181 shares
Factors Behind Changes in Business PerformanceThis financial results summary does not provide details of the factors behind changes in performance, stating that they are provided in the supplementary financial results materials.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)Material subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

This financial results summary does not provide a detailed explanation of the reasons for changes in performance, stating that an overview of operating results and financial position is provided in the supplementary financial results materials.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (IFRS) | LIXIL Corporation (5938) timely disclosure | Komori