Kinya Seto

National Feb 15, 2017

Lixil Corp. president apologizes for inappropriate joke about radiation

The president of major Japanese housing equipment-maker Lixil Corp. apologized Wednesday for a tasteless joke in which he claimed to have gained weight due to radiation. "I got bigger because of radiation," Lixil President Kinya Seto said when Environment Minister Koichi Yamamoto asked him about ...

Business / Corporate Sep 20, 2016

In hot water, bathroom fittings firm Lixil hires outsider to fix pipes

by Tom Redmond

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 writedown, ...