LIXIL Group Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Provides Dividend Guidance for the Fourth Quarter and Full Year Ending March 31, 2014
LIXIL Group Corporation reported consolidated earnings results for the nine months ended December 31, 2013. For the period, the company has posted net sales of ¥1,161,577 million against ¥1,056,672 million a year ago. Operating income was ¥50,934 million against ¥37,993 million a year ago. Net income was ¥36,880 million or ¥126.33 diluted per share against ¥7,729 million a year ago.
For the year ending March 31, 2014, the company expects net sales of ¥1,600,000, Operating income of ¥70,000, net income of ¥44,500 million or ¥153.05 per share.
For the fourth quarter ending March 31, 2014, the company expects dividend of ¥30.00 per share against ¥20.00 per share paid a year ago.
For the year ending March 31, 2014, the company expects dividend of ¥55.00 per share against ¥40.00 per share paid a year ago.
LIXIL Corp is a Japan-based company mainly engaged in water technology business, housing technology business, building technology business, housing and service business. The Company operates through four business segments. The Water Technology segment is engaged in the manufacture and sale of sanitary equipment, faucet fittings, bathrooms, system kitchens. The Housing Technology segment is engaged in the manufacture and sale of sashes, doors, shutters, interior building materials. The Building Technology segment is engaged in the manufacture and sale of curtain walls. The Housing and Service segment is engaged in the provision of housing solutions, the sale and management of real estates, as well as the provision of mortgages.
LIXIL Group Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2013; Provides Earnings Guidance for the Year Ending March 31, 2014; Provides Dividend Guidance for the Fourth Quarter and Full Year Ending March 31, 2014
LIXIL CORPORATION 
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