LIXIL Corporation

5938.T
Building Products & Equipment
2026/08/05 Updated
Market Cap: $3.1B (¥494.7B)
Stock Price: $10.90 (¥1,720)
Exchange Rate: 1 USD = ¥157.73

Notice Regarding Absorption-type Merger (Simplified/Abbreviated Merger) of the Entirely-Owned Subsidiary LIXIL Shower Toilet Tech Co., Ltd.

Absorbs the wholly owned subsidiary LIXIL Shower Toilet Tech Co., Ltd. into itself. The effective date is scheduled for October 1, 2026. Surviving company: LIXIL Corporation; Dissolved company: LIXIL Shower Toilet Tech Co., Ltd. No allotment of shares or stock acquisition rights as a result of the merger. After business succession, the aim is to streamline the organization and maximize synergies within the Group.

Importance:
Page Updated: August 5, 2026
IR Disclosure Date: August 5, 2026

Key Figures

  • Merger schedule: merger resolution date 2026/08/05, merger contract signing date 2026/08/05, effective date 2026/10/01(planned)
  • Surviving company: LIXIL Corporation, capital unknown, fiscal year-end March 31, issued shares 287,664,534
  • Dissolved company: LIXIL Shower Toilet Tech Co., Ltd., capital unknown, fiscal year-end March 31, issued shares 9,000,000

AI要約

Purpose and overview of the merger

This is a simplified and abbreviated merger that absorbs the wholly owned subsidiary LIXIL Shower Toilet Tech Co., Ltd. to operate the post-merger organization as an integrated unit, aiming to streamline the group and maximize synergies within the business succession.

Impact and schedule going forward

The merger is between 100% subsidiaries, and an impact on consolidated or individual performance is expected to be minimal. Merger schedule: merger resolution date and contract signing date on August 5, 2026; effective date (planned) on October 1, 2026.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

LIXIL Corporation

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