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LIXIL, Apr-Dec (Cumulative 3Q) Net Income Increases by 2.8 times, Exceeds Full-Year Plan
5938 LIXIL Corporation 【IFRS】
Earnings ReportLIXIL Corporation <5938> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on January 30th (13:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) surged 2.8 times that of the same period last year, reaching 11.8 billion yen. Progress toward the full-year plan of 8.00 billion yen is 147.6%, already exceeding the target and also exceeding the five-year average of 121.3%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net loss for the January to March period (4Q) is expected to expand to a loss of 3.80 billion yen (compared to a loss of 2.28 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated net income amounted to 8.45 billion yen, an increase of 2.9% compared to the same period last year. The operating profit margin remained almost flat, changing from 4.6% in the same period last year to 4.7%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 1,122,938 | 25,459 | 19,176 | 6,781 | 23.6 | 287.8 | Jan 31, 2024 | IFRS |
| Apr - Dec, 2024 | 1,140,456 | 28,406 | 21,276 | 4,283 | 14.9 | 105.6 | Jan 31, 2025 | IFRS |
| Apr - Dec, 2025 | 1,138,503 | 30,450 | 20,076 | 11,807 | 41.1 | 95.6 | Jan 30, 2026 | IFRS |
| YoY | -0.2% | +7.2% | -5.6% | +175.7% | +175.5% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 764,922 | 19,807 | 16,063 | 5,933 | 20.7 | 45 | Apr 30, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 804,058 | 18,593 | 16,541 | 4,645 | 16.2 | 45 | Oct 31, 2025 | IFRS |
| YoY | +5.1% | -6.1% | +3.0% | -21.7% | -21.8% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 1,483,224 | 16,351 | 6,664 | -13,908 | -48.4 | 90 | Apr 30, 2024 | IFRS |
| Mar, 2025 | 1,504,697 | 29,687 | 20,150 | 2,001 | 7.0 | 90 | Apr 30, 2025 | IFRS |
| Mar, 2026 Guidance | 1,540,000 | 30,000 | 21,000 | 8,000 | 27.8 | 90 | Apr 30, 2025 | IFRS |
| YoY | +2.3% | +1.1% | +4.2% | +299.8% | +299.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 400,681 | 18,526 | 17,189 | 8,215 | 28.6 | 4.6 | Jan 31, 2025 | IFRS |
| Jan - Mar, 2025 | 364,241 | 1,281 | -1,126 | -2,282 | -8.0 | 0.4 | Apr 30, 2025 | IFRS |
| Apr - Jun, 2025 | 364,680 | 6,844 | 3,512 | -909 | -3.2 | 1.9 | Jul 31, 2025 | IFRS |
| Jul - Sep, 2025 | 371,262 | 4,563 | 947 | 4,264 | 14.8 | 1.2 | Oct 31, 2025 | IFRS |
| Oct - Dec, 2025 | 402,561 | 19,043 | 15,617 | 8,452 | 29.4 | 4.7 | Jan 30, 2026 | IFRS |
| YoY | +0.5% | +2.8% | -9.1% | +2.9% | +2.8% |
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