Corporate Profile The by pengxiuhui


									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.

     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

     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.

Message from Top Executives


                              Yoichiro Ushioda


                              Yoshiaki Fujimori

     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.

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.

     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

IGates and fences

IRoofing and exterior wall materials

                                                                         ISuper-strong structure method

                                       ISolar power generation systems

IFunctional interior ceramic

                                                                                IGarden areas

                       IKitchen systems

                                             IWashstand cabinet units

                                          ISanitary wares

     IBathroom units

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


     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


               United Kingdom

                                                                                                              South Korea
                                                                                                                Taiwan           United States

                                                          India                                       Vietnam

                                                            Thailand                             Malaysia



     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.

   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.

     Corporate Data                                          (As of August 1, 2011)

                                                                                                                                             Chairman                                                              Yoichiro Ushioda
                   LIXIL Corporation                                                                                                         President                                                             Yoshiaki Fujimori
                                                                                                                                             Directors Adviser                                                     Masahiro Sugino
                                                                                                                                             Executive Directors                                                   Toshio Ohtake
                                                                                                                                                                                                                   Ryuichi Kawamoto
     Major         Manufacture and sales of building materials
                                                                                                                                                                                                                   Toshimasa Iue
                   and housing equipment as well as related services
                                                                                                                                                                                                                   Tadashi Arishiro
                                                                                                                Board of                                                                                           Shonosuke Oda
                                                                                                                Directors                                                                                          Isao Fukuda
     Registered                                                                                                                                                                                                    Masakazu Sugimoto
                   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.

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.

36F, Kasumigaseki Building,
3-2-5 Kasumigaseki, Chiyoda-ku,
Tokyo 100-6036, Japan
August 1, 2011

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