Lixil Corporation TSE:5938

LIXIL : Announcement Regarding Differences between Forecast and Actual Results for the Fiscal Year Ended March 2025

Published

Source: MarketScreener

April 30, 2025

LIXIL Corporation Kinya Seto

Representative Executive Officer, President, and CEO (TSE Prime market and NSE Premier market, code 5938)

(Contact):

Aya Kawai

Senior Vice President, Leader, Investor Relations Office

Announcement Regarding Differences between Forecast and Actual Results for the Fiscal Year Ended March 2025

LIXIL Corporation (hereinafter "LIXIL") hereby announces the differences in today's announcement of the consolidated financial results for the fiscal year ended March 31, 2025 from the consolidated financial forecast for the same period announced on April 30, 2024.

  1. Difference between the consolidated full-year results and the previous forecast for the fiscal year ended March 31, 2025 (April 1, 2024 through March 31, 2025)

    From Continuing Operations

    Including Discontinued Operations

    Revenue

    Core earnings

    Operating

    profit

    Profit before income taxes

    Profit for the year

    Profit for the year

    Profit for the year attributable to owners of

    the parent

    Basic earnings per

    share

    Previous full-year forecast (A)

    JPY Million

    1,570,000

    JPY Million

    35,000

    JPY Million

    25,000

    JPY Million

    15,000

    JPY Million

    8,000

    JPY Million

    8,000

    JPY Million

    8,000

    JPY

    27.86

    Full-year results

    (B)

    1,504,697

    31,337

    29,687

    20,150

    2,268

    2,218

    2,001

    6.97

    Change (B-A)

    -65,303

    -3,663

    4,687

    5,150

    -5,732

    -5,782

    -5,999

    -20.89

    Change (%)

    -4.2

    -10.5

    18.7

    34.3

    -71.7

    -72.3

    -75.0

    -75.0

    cf. FYE2024 results

    1,483,224

    23,162

    16,351

    6,664

    -9,455

    -14,614

    -13,908

    -48.43

    Core earnings are calculated by deducting the cost of sales and Selling, General and Administrative (SG&A) expenses from revenue.

  2. Reasons for the difference

The profit before tax from continuing operations for the fiscal year ended March 31, 2025, exceeded the previous forecast mainly due to a decrease in other expenses related to the implementation of structural reforms compared to the previous fiscal year. On the other hand, profit for the year attributable to owners of the parent after deducting non-controlling interests, fell below the forecast due to an increase in tax burden resulting from the poor performance of some consolidated subsidiaries and others.

End