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Lixil (5938) · InitiativeAchieved

Store expansion and expansion of the renovation channel through the listing of LIXIL VIVA

First written in FY2017. 6 of 13 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2021-Q2.

13entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2018AdvancedFY2019-Q3 – FY2020-Q32017: 320172018: 220182019: 420192020: 42020
Same theme, other companies
LIXILビバ listing and share sale to expand stores and the renovation channelA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q2AchievedAnnual report

    「Subsequently, after completing the procedures required for this share transfer, we completed the transfer on 9 November 2020.」

    Regarding LIXIL Viva, following the decision to sell and the successful completion of the tender offer, the share transfer was completed on 9 November 2020. The theme centred on store expansion and the expansion of the renovation channel after listing has shifted to completion of the sale.
  2. FY2021-Q1AdvancedAnnual report

    「The tender offer has been completed, and an overview is as follows. Upon completion of the tender offer, the company and ARCLAND SAKAMOTO will together hold 90.83% of LIXIL VIVA’s total shares issued as of 30 June 2020.」

    The tender offer for the sale of LIXIL VIVA was completed, and the ownership ratio held by the company and ARCLAND SAKAMOTO became 90.83%. The share transfer itself was scheduled to be carried out in November 2020 following a series of procedures.
  3. FY2020ReframedAnnual report

    「We decided to transfer all of the common shares of LIXIL VIVA held by the company to LIXIL VIVA, with the share transfer scheduled for November 2020.」

    The policy changed from store expansion and expansion of the renovation channel following LIXIL VIVA’s listing to transferring all 53% of the shares held and moving to make LIXIL VIVA a wholly owned subsidiary.
  4. FY2020-Q3AdvancedAnnual report

    「In the distribution and retail business, revenue increased to ¥142.206 billion, up 4.6% year on year, due in part to the contribution from opening 5 new Super Viva Home stores in the third quarter and continued solid growth in renovation-related revenue.」

    Revenue in the distribution and retail business increased 4.6% year on year, driven by the opening of 5 new Super Viva Home stores and growth in renovation-related revenue.
  5. FY2020-Q2AdvancedAnnual report

    「In the distribution and retail business, revenue increased to ¥95.202 billion, up 8.4% year on year, and business profit rose to ¥5.261 billion, up 11.1%, due to the contribution from opening 3 new Super Viva Home stores in the second quarter, continued solid growth in renovation-related revenue and last-minute demand ahead of the consumption tax increase, resulting in higher revenue and profit.」

    The distribution and retail business generated higher revenue and profit, driven by the opening of 3 new Super Viva Home stores and growth in renovation-related revenue.
  6. FY2020-Q1AdvancedAnnual report

    「In the distribution and retail business, revenue increased to ¥45.635 billion, up 4.9% year on year, and business profit rose to ¥2.576 billion, up 9.9%, due to the contribution from opening 2 new Super Viva Home stores in the first quarter and continued solid growth in renovation-related revenue, resulting in higher revenue and profit.」

    The distribution and retail business generated higher revenue and profit, driven by the opening of 2 new Super Viva Home stores and growth in renovation-related revenue.
  7. FY2019AdvancedAnnual report

    「In the distribution and retail business, revenue increased to ¥176.381 billion, up 1.6% year on year, due in part to aggressive sales expansion through new store openings, including 4 Super Viva Home stores, the evolving home improvement format that “proposes an ideal life and a new lifestyle.”」

    The distribution and retail business generated higher revenue through new store openings, including 4 Super Viva Home stores.
  8. FY2019-Q3AdvancedAnnual report

    「In the distribution and retail business, revenue increased to ¥135.976 billion, up 1.4% year on year, and business profit rose to ¥7.632 billion, up 5.2%, due to the opening of 5 new stores and solid growth in renovation-related revenue, resulting in higher revenue and profit.」

    The distribution and retail business generated higher revenue and profit, driven by the opening of 5 new stores and growth in renovation-related revenue. The progress in store expansion and the expansion of the renovation channel was reflected in the figures.
  9. FY2018RestatedAnnual report

    「LIXIL VIVA Corporation, our consolidated subsidiary, was listed on the First Section of the Tokyo Stock Exchange on 12 April 2017.」

    The company reconfirmed its 52% ownership following LIXIL VIVA’s listing, the secondary offering of some of the shares held by the company and the issuance of new shares.
  10. FY2018-Q3RestatedAnnual report

    「In the distribution and retail business, revenue increased to ¥134.080 billion, up 0.8% year on year, due to the opening of new stores and other factors.」

    Following LIXIL VIVA’s listing, the company continued to expand its distribution and retail business through new store openings.
  11. FY2018-Q2RestatedAnnual report

    「LIXIL VIVA Corporation, our consolidated subsidiary, was listed on the First Section of the Tokyo Stock Exchange on 12 April 2017. We had owned all of LIXIL VIVA’s issued shares, but in connection with the listing, we conducted a secondary offering of some of the LIXIL VIVA shares we owned, while LIXIL VIVA raised funds through the issuance of new shares.」

    The company confirmed in the second quarter the details of LIXIL VIVA’s listing, the secondary offering of some of the shares held by the company and LIXIL VIVA’s issuance of new shares. The company’s interest was 52%.
  12. FY2018-Q1RestatedAnnual report

    「LIXIL VIVA Corporation, our consolidated subsidiary, was listed on the First Section of the Tokyo Stock Exchange on 12 April 2017. We had owned all of LIXIL VIVA’s issued shares, but in connection with the listing, we conducted a secondary offering of some of the LIXIL VIVA shares we owned, while LIXIL VIVA raised funds through the issuance of new shares.」

    The company reconfirmed the transaction details in the current quarter concerning the listing of LIXIL VIVA, the secondary offering of some of the shares held by the company and LIXIL VIVA’s issuance of new shares.
  13. FY2017First statedAnnual report

    「LIXIL VIVA was listed on the First Section of the Tokyo Stock Exchange on 12 April 2017.」

    Through the listing of LIXIL VIVA, a secondary offering of the company’s shares and the issuance of new shares, the company secured options for store expansion and funding, while continuing to hold 52% of the total shares issued.
Moved together

"Roadmap for rebuilding the Housing Technology business" moved the same way as this thread, in the same document, in 5 of its 13 moves.

554444★123456
  1. ★This thread
  2. 1Roadmap for rebuilding the Housing Technology business5×
  3. 2Establishing a business portfolio focused on profitability and growth5×
  4. 3Risk of Failure to Respond to Changes in Market and Customer Needs4×
  5. 4Achieving Competitive Costs and the HQ-FIT Program4×
  6. 5Securing liquidity and stability through diversified funding sources4×
  7. 6Risk of fluctuations in housing starts and construction demand4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Lixil's next results are scheduled for 2026-10-30. Read the earnings preview
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