LIXIL Group ( (JP:5938) ) just unveiled an announcement.
LIXIL Corporation announced a change in its reporting segments, integrating the kitchen and washstand cabinet unit from the Water Technology Business with the wooden interior materials from the Housing Technology Business into a new segment called ‘Living Business’. This strategic move is intended to improve profitability and offer new value to end users, reflecting LIXIL’s commitment to strengthening its business structure and market positioning.
More about LIXIL Group
LIXIL Corporation operates in the housing and building materials industry, focusing on products such as kitchen and washstand cabinets, as well as wooden interior materials. The company is listed on the TSE Prime market and NSE Premier market, and aims to enhance its profitability and business structure in Japan.
YTD Price Performance: 9.24%
Average Trading Volume: 100
Technical Sentiment Signal: Hold
Current Market Cap: $3.34B
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