Early last year, big bets started to go wrong for a Japanese giant of toilets and faucets. Founded in a five-firm merger, fattened by a spree of global acquisitions, Lixil Group Corp. was suddenly rocked by a Chinese accounting scandal. After a ¥66.2 billion ...
Home-security AI cats; talking walls equipped with motion sensors; communal-living apartment blocks that promote harmonious relations; and outdoor living-room spaces powered by solar energy siphoned off hybrid cars — these previews of our future, currently on display at “House Vision 2,” sound like science ...
The goal set by Prime Minister Shinzo Abe to fill at least 30 percent of Japan’s corporate managerial positions with women by the year 2020 should be transformed into a quota system, according to Yoshiaki Fujimori, president of Lixil Group Corp., a maker of ...
Lixil Group Corp., which agreed to buy bathroom-fixture makers American Standard Brands and Grohe Group last year, is studying another overseas acquisition to boost revenue from emerging markets. The planned deal will help Tokyo-based Lixil achieve its target of increasing sales from emerging markets ...
German sanitary fittings maker Grohe said Thursday that housing and building materials company Lixil has agreed to take it over in a deal valuing the German group at €3.06 billion ($4.1 billion). Grohe “has entered into an agreement with Lixil and Development Bank of ...
Cyberterrorists could strike at your most vulnerable and least expected moment because of a glitch in a smartphone-controlled high-tech toilet system manufactured in Japan. According U.S. security firm Trustwave, high-end Lixil Corp. toilets, which can be controlled with Android smartphones, could easily be hacked ...
