Major housing equipment maker Lixil Group Corp. has announced eight candidates for its board of directors to be submitted to a general meeting of its shareholders in June. Former Lixil President and Chief Executive Officer Kinya Seto, a current board director and Lixil shareholder, who ...
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 ...
In hot water, bathroom fittings firm Lixil hires outsider to fix pipes
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, ...
