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Corporate Profile

The Group's superior

products and services

contribute to improving

people's comfort

and lifestyles.









Building materials and housing equipment companies Tostem,

Inax, Shin Nikkei, Sun Wave (excluding the manufacturing

division) and Toyo Exterior merged in April 2011 to launch

a new company, LIXIL Corporation.

LIXIL comes from the combination of the words “living” and

“life,” referring to the JS Group, which embraced the five

companies under its umbrella. The name also symbolizes the

comprehensive strengths that LIXIL, as a group, can offer.

What can we do to improve people’s lifestyles? What new

values can we offer?

LIXIL Corporation is more than the sum of its parts; the

merger of operating companies produces real synergy.

Integrating individual strengths into one, the fresh organization

is set to embark on a new challenge to create the future.









02

03

Manegement Philosophy/The Environmental Principles









LIXIL CORE Corporate Philosophy LIXIL WAY Our Promise

The Group's superior products

and services contribute to improving

Creating a sustainable Reliable quality

people's comfort and lifestyles. LIXIL

Link to Quality

WAY lifestyle which is in harmony

with the Earth. Environmental beauty

Link to the Earth Link to Environment

High technology

Link to Technology

Building "bonds" that lead

to a good life. Emotional impact

LIXIL VALUES Shared Values LIXIL

Link to Good Living Link to Emotion

CORE







V-1. Ambition to achieve targets

V-2. Willingness to challenge and change LIXIL LIXIL

V-3. Speed to action VALUES VISION



V-4. Progression & improvement

V-5. An open organization

V-6. Be sincere and fair-minded LIXIL VISION Management Target

V-7. Supremacy of quality

V-8. Eliminates inefficiency To become a global leader in the building

V-9. Focuses on teamwork and individual development materials and housing equipment industry









Our Vision and Promise The Principles We Apply

We the LIXIL Group believe in achieving harmony between how We the LIXIL Group will continuously improve our environmental

humankind lives and the earth that we live on. We will conscien- management systems, we will employ ecologically responsible

tiously apply our environmental awareness across the entirety of practices throughout our operations, and we will embrace vigorous

what we create, how we create, and for whom we create a better communication with all of our direct and potential stakeholders.

living setting.

Each of us, in the regular course of business, accepts a duty to uphold

environmental regulations and prevent pollution. We will pursue

actions to reduce carbon emission, enhance recycling of resources,

and promote harmonious coexistence with nature.



Each of us, for our customers, undertakes to provide products and

services that reflect and optimize the full bounty of nature. We will

fully evaluate and explore, along with our customers, what should be

the appropriate living setting for the times ahead.



Each of us, as part of a given area or society, seeks a deeper mutual

Take up the challenge of reducing our negative impact on the earth, understanding with the individual, civic, nongovernmental and

make the most of the nonprofit entities that are among us. We will, by emphasizing

cooperation and dialogue, advance together our own unique activities

for preserving the environment.









04

Message from Top Executives









Chairman









Yoichiro Ushioda









President









Yoshiaki Fujimori









05

LIXIL’s Business Organization







LIXIL Corporation offers superior products and services to contribute to improving people's comfort and lifestyles.

We will achieve this by bringing together the strengths of our five in-house companies, including

the Domestic Sales & Marketing Company, the Global Business Company, the Metal & Architectural Materials Company,

the Kitchen & Plumbing Fixtures Company, and the Electrical & Electronic Equipment Company.









Domestic Sales & Marketing Company







The market environment related to home and

living is at a transformative period, with

customers now having a wide range of demands

for their homes. The Domestic Sales & Marketing

Company works together with customers to plan

their ideal house and lifestyle to offer proposals

on good living using the rich line-up of products

and services from LIXIL Corporation, including

those sold under the Tostem, Inax, Shin Nikkei,

Sun Wave, and Toex brands. The Domestic Sales

& Marketing Company, as a comprehensive home

solutions company offering consultation on home

renovation and maintenance services, values all

contact with the customers at showrooms and at

every other occasion.









Global Business Company









The Global Business Company is in charge of

developing LIXIL group’s global growth. The

group’s strengths in production, development, and

products, as well as its operational strengths in

construction management, design, logistics, and

maintenance have been further expanded,

enhanced, and aggregated to offer total solutions

from LIXIL to customers around the world.

American Standard Asia Pacific and Shanghai

Meite Curtain Wall System, China’s leading

curtain wall manufacturer, will be the key driving

force behind the growth, while our alliances with

China-based Haier, the world’s largest household

appliances manufacturer, and the LG Group

based in South Korea, will also be fully leveraged.







06

Metal & Architectural Materials Company









To live comfortably, to live a rich life. The Metal &

Architectural Material Company develops and

manufactures a broad range of products, from housing

structures to doors, interior furnishings and exterior

products, based on the Tostem, Shin Nikkei, and Toex

brands, to continue to bring joy to homeowners.

Under the slogan “Smile Eco,” the Metal & Architectural

Material Company responds to customers’ wide-ranging

needs, offering a variety of products including highly

durable, energy/resource-saving products, products with

sophisticated designs to blend into the streetscape or

landscape, and cutting-edge products offering high

performance and advanced functionality.









Kitchen & Plumbing Fixtures Company





The Kitchen & Plumbing Fixtures Company develops and

manufactures a broad range of Inax, Sun Wave, and

JAXSON brand products, from those for the bathroom,

kitchen and powder room to interior and exterior tiles, to

deliver much-valued everyday comfort to customers.

The key concept is quality. The Kitchen & Plumbing

Fixtures Company answers the diverse needs of

customers by developing and manufacturing products that

not only offer cutting-edge quality and functionality, but

also provide customers with the opportunity to experience

a new lifestyle or feel a deep sense of satisfaction through

their use.









Electrical & Electronic Equipment Company





Seeking to respond to a range of new and emerging

demands related to energy and environmental conservation

in a timely and targeted manner, the Electrical & Electronic

Equipment Company designs and develops new products

and solutions that help create home and living

environments that are both people- and Earth-friendly.

With a focus on the five values of “environment and

energy,” “security and safety,” “convenience and comfort,”

“health and relaxation” and “sophistication and efficiency,”

the Electrical & Electronic Equipment Company proposes

and provides comprehensive housing solutions for

effectively integrating appliances and equipment with

building materials and fixtures.







07

Product Line-up







From home windows, interior furnishing materials, tiles, and entrance doors to

kitchens, bathrooms and restrooms as well as for a range of facilitilies for public

spaces and architectures including office and commercial buildings, train stations

and other transportation facilities—LIXIL caters to a wide range of needs

concerning home, living, and urban environment development.









Housing fixtures and building materials



IInterior furnishings IEntrance doors and sliding doors









IWindows IStairs









08

IGates and fences



IRoofing and exterior wall materials





ISuper-strong structure method







ICarports

ISolar power generation systems



IFunctional interior ceramic









IGarden areas









09

IKitchen systems









IWashstand cabinet units





ISanitary wares









IBathroom units









10

Building materials for office towers and

commercial and public facilities

LIXIL offers technologies and products which can flexibly meet the stringent

requirements of office buildings, commercial facilities, and public spaces, including

fresh demand for environmental friendliness as well as demand for enhanced

comfort, safety, economic efficiency, and design which is visually appealing.









Photo: Obayashi Corporation





ICeramic materials ICurtain walls

Marunouchi Park Building (Tokyo) Tokyo Sky Tree®

Operating body: Tobu Railway Co., Ltd., Tobu tower skytree Co., Ltd.

Design and administration: Nikken Sekkei Ltd.

Construction: Obayashi Corporation

A curtain wall consisting of aluminum honeycomb panels is used

for the shaft within the tower’s steel frame.









IPublic restrooms





ICurtain walls

Roppongi Hills Mori Tower (Tokyo)









IBuilding materials for public facilities









IStorefronts





11

Creating Comfortable Living in Japan and around the World



LIXIL’s corporate philosophy is to contribute to improving people’s comfort and lifestyles.

The challenge has begun to expand LIXIL’s business globally with rapidly growing Asia at the center.







Overseas Business Development



Norway

Sweden



United Kingdom





Italy

China

Spain

South Korea

Taiwan United States

Philippines



India Vietnam



Thailand Malaysia



Singapore

Indonesia









Australia









Business development in China

LIXIL will work to raise the profile of its brands further in the rapidly

growing Chinese market and will aggressively promote proposals on

products and living spaces based on its comprehensive strengths. In

addition to the current brand promotion, American Standard Asia Pacific

will also aim for new growth through a number of channels, including

opening new showrooms in inland China, developing sales and distribution

networks, and airing television commercials aimed at boosting brand

value in 15 cities across China.

A new joint venture with top appliance manufacturer Haier has also been

launched in order to promote and boost sales of building materials and

housing equipment.

LIXIL is also accelerating development in the non-housing arena. It has

invested in China’s leading curtain wall manufacturer, Shanghai Meite American Standard Asia Pacific’s showroom Tostem Thai factory

Curtain Wall System and has established a tile manufacturer in Shenyang.









LIXIL is involved in various social activities as a member of society, working towards a

Environmental education in Vietnam Social contribution activities in Thailand

In burgeoning Vietnam, environmental education activities focusing on water Activities undertaken since the Thai factory was built in 1987 include periodic

and targeting local children have continued since April 2007 in four regions, blood donations, donations of used desks and new sashes to primary schools,

including Ho Chi Minh, through collaboration with NGOs. and disaster relief support, such as food, water, timber and financial

contributions, for areas affected by tsunamis or major flooding.









12

Domestic Business Development





One-stop showrooms nationwide deliver on customer expectations

LIXIL group’s showrooms, operated separately

under different brands in the past, are now

being realigned to offer a one-stop experience

in every prefecture for displaying our rich

line-up of products. Showroom coordinators

are there not only to explain the products but to

coordinate group products and provide

renovation consultation, offering comprehensive

proposals on comfortable home living including

everything from plumbing fixtures, windows

and building materials to exterior products.









Extensive service and a swift response to meet

the expectations of our business partners

Japan’s housing market is at a major turning point. As a comprehensive

solutions company for housing equipment and building materials, LIXIL will

reinforce its efforts to offer new proposals and capture renovation demand. This

is another reason why we are leveraging the knowledge and skills the operating

companies have accumulated over the years to respond to the demands of our

broad range of business partners. Winning trust by our sincere and swift

LIXIL’s one-stop showrooms nationwide deliver on customer expectations responses, LIXIL will strengthen ties with its partners as part of its effort to

provide products for good living.









“lifestyle in harmony with the Earth.”

Generating energy Activities to conserve forests and plant trees

by mega-solar power generation facilities

In order to maintain biodiversity, employees and their families, together with

Solar power generation facilities were built on idle land in Iwai factory, Ibaraki, the local community and municipalities, are involved in forest conservation and

and Ariake factory, Kumamoto, and started operation in February 2011, as part are planting trees within company grounds based on the natural vegetation of

of efforts to produce green energy. the area.









13

Corporate Data (As of August 1, 2011)









Corporate

Chairman Yoichiro Ushioda

Name

LIXIL Corporation President Yoshiaki Fujimori

Directors Adviser Masahiro Sugino

Executive Directors Toshio Ohtake

Ryuichi Kawamoto

Major Manufacture and sales of building materials

Businesses

Toshimasa Iue

and housing equipment as well as related services

Tadashi Arishiro

Board of Shonosuke Oda

Directors Isao Fukuda

Registered Masakazu Sugimoto

Office

2-1-1 Ojima, Koto-ku, Tokyo 136-8535, Japan

Kazumi Mizoguchi

Takashi Tsutsui

Yoshizumi Kanamori

36F, Kasumigaseki Building, Katsuhiro Mamenari

Head Office

3-2-5 Kasumigaseki, Chiyoda-ku, 100-6036 Tokyo Auditors Yasuo Nagasaka

Satoshi Koshida



Established October 1, 2001 Domestic Sales & Marketing Company Toshio Ohtake

Presidents of Global Business Company Toshimasa Iue

in-house Metal & Architectural Materials Company Ryuichi Kawamoto

23,377 including 16,566 regular employees, as of companies Kitchen & Plumbing Fixtures Company Tadashi Arishiro

Employees Electrical & Electronic Equipment Company Yusuke Ota

April 1, 2011



Number of

manufacturing 46

Capital 34.6 billion yen

sites in Japan









History of LIXIL Corporation



1923 1949 1969 1971 1987 1992

Founded as a building Incorporation First integrated production Toyo Sash Co., Ltd. established Tostem Thai Co., Company name

materials retailer. factory for aluminum through a merger of six sales Ltd. established. changed to Tostem

sashes established. companies. Corporation.





1924 1945 1958 1967 1985 1996

Ina Seito Co., Ltd. Production of Production of Launched integrated-type Japanese Company name changed to Inax Vietnam Co., Ltd. and

established as a sanitary wares Polybath started. bidet-equipped "shower toilet." Inax Corporation. Suzhou Inax Sanitary Fitting

producer of tiles. started. Co., Ltd. established.





1980 1984

Shin Nikkei Co., Ltd. Operation started after merging the

established as a seller of building materials division of Nippon

aluminum building materials. Light Metal Co., Ltd.





1936 1954 1956 1984

Founded as a Incorporation Japan’s first mass-production of Japan’s first standardized kitchen

manufacturer and stainless steel sinks started. system released.

seller of auto parts.





1974 1988

Toyo Exterior Co., Ltd. established. Garden room officially released;

Central R&D center opened.









14

About LIXIL Group LIXIL Corporation was formed through the merger of the JS Group's operating

companies—Tostem Corporation, Inax Corporation, Shin Nikkei Company, Ltd., Toyo Exterior

Co., Ltd. and Sun Wave Corporation—on April 1, 2011. It is now the largest operating company in

the JS Group and is affiliated with a multitude of subsidiaries in charge of sales, manufacturing,

maintenance and other services including 17 sites overseas. LIXIL Corporation, together with

the real estate segment and retail distribution companies under the JS Group umbrella, will

seek continued growth under the LIXIL management philosophy, as a comprehensive housing

and living environment solutions provider.



Holding Company Operating Companies Major Branches and Subsidiaries



JS Group Corporation LIXIL Corporation Overseas branches and subsidiaries

LIXIL CORPORATION HONG KONG BRANCH (Hong Kong )

Domestic Sales & Marketing Company AMERICAN STANDARD ASIA PACIFIC

LIXIL (CHINA) INVESTMENT CO., LTD. (China)

Global Business Company TOSTEM HOUSING PRODUCTS (DALIAN) CO., LTD. (China)

SHANGHAI MEITE CURTAIN WALL SYSTEM CO., LTD. (China)

Metal & Architectural Materials Company SUZHOU INAX BUILDING MATERIALS CO., LTD. (China)

SUZHOU INAX SANITARY FITTING CO., LTD. (China)

Kitchen & Plumbing Fixtures Company SHENYANG INAX BUILDING MATERIALS CO., LTD. (China)

TAIWAN INAX CORPORATION (Taiwan)

Electrical & Electronic Equipment Company TOSTEM TAIWAN CORPORATION (Taiwan)

LG-TOSTEM BM CO., LTD. (South Korea)

Head Office INAX KOREA CORPORATION (South Korea)

TOSTEM THAI CO., LTD. (Thailand)

TOSTEM THAI MARKETING CO., LTD. (Thailand)

TOSTEM SINGAPORE PTE. LTD. (Singapore)

INAX VIETNAM CO., LTD. (VINAX) (Vietnam )

TOSTEM THAI CO., LTD. HANOI REPRESENTATIVE OFFICE (Vietnam)

INAX MALAYSIA SDN. BHD. (Malaysia)

NITTAN (UK) LIMITED UK

INAX ITALIA S.R.L. (Italy)

LIXIL VIVA CORPORATION INAX USA INC. (USA)

Kawashima Selkon Textiles Co., Ltd.

LIXIL Housing Research Institute, Ltd. GL HOME CORPORATION

JIO Corporation

LIXIL REALTY, Corp. LIXIL ERA Japan, Corp.

CLASSIS CORPORATION

JSG FINANCE CORPORATION









JS Group

2001 2004

Tostem group and Inax group merged to Company name changed to

become Tostem Inax Holding Corporation. JS Group Corporation.





2001 2002

Tostem Corporation Tostem Dalian plant completed.

spun off.







1998 2002 2008 2009 2010

Suzhou Inax Building Materials LIXIL (China) Investment Co., Production of tiles American Standard Production of faucet fixtures

Co., Ltd. established. Ltd. established. started in Vietnam. Asia-Pacific division started in Vietnam.

became a subsidiary.





2000 2010

Nippon Light Metal Co., Ltd.

became a wholly owned subsidiary

Became a wholly-owned

subsidiary of JS Group 2011

through a stock swap. Corporation. Five companies merged

to establish LIXIL



2004 2009 2010 Corporation.





SW Kitchen Techno Corporation JS Group Corporation Became a consolidated

spun off from the commercial acquired 30% ownership. subsidiary of JS Group

kitchen equipment division. Corporation.





2000 2007

Tostem Corporation acquired First Toex/Inax joint showroom

100% ownership. opened.









15

36F, Kasumigaseki Building,

3-2-5 Kasumigaseki, Chiyoda-ku,

Tokyo 100-6036, Japan

http://global.lixil.co.jp/

August 1, 2011



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