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LIXIL Group Corp (5938.T)

5938.T on Tokyo Stock Exchange

1,335JPY
20 May 2019
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Thu, May 9 2019

Lixil shareholders withdraw extraordinary meeting request, but vow to push for change

TOKYO, May 9 A group of investors in Japanese toilet maker Lixil Group said on Thursday they had withdrawn a request for an extraordinary shareholders meeting, after two top managers bowed to pressure and decided to resign.

Lixil shareholders still concerned about governance after board departures

TOKYO, April 26 A group of investors in Japanese luxury toilet maker Lixil Group said on Friday the resignation of two board members, including the chief executive, had not removed their concerns about corporate governance at the company.

RPT-Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

* Shareholders have long complained about rights in Japan Inc

Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

TOKYO A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the center of the tussle told Reuters.

Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

* Shareholders have long complained about rights in Japan Inc

Head of Japan's Lixil bows to investor pressure in boardroom drama

TOKYO, April 18 Japanese toilet maker Lixil Group's CEO is to resign next month, marking a rare victory for activist minority shareholders who had demanded that he step down.

Shareholders of Japan's LIXIL make rare demand for management ouster

TOKYO, March 20 Four investment firms on Wednesday called for the ouster of top management at Japanese housing products maker LIXIL Group, citing concerns about corporate governance and marking a particularly vocal stand by minority shareholders.

Japan's LIXIL denies report it considered MBO, move to Singapore

TOKYO LIXIL Group Corp on Monday denied a report it had considered delisting from Japan through a management buyout (MBO) and moving its headquarters to Singapore, but investors welcomed the report anyway, sending the stock up 7 percent.

UPDATE 1-Japan's LIXIL denies report it considered MBO, move to Singapore

* Would be rare instance of Japan firm moving overseas (Adds company statement, share price)

Japan's Lixil plotting MBO, moving HQ to Singapore -Nikkei Business

TOKYO, Jan 21 Japan's Lixil Group Corp is looking to delist its shares from Japan through a management buyout (MBO) and move its headquarters to Singapore, Nikkei Business reported on Monday, without citing sources.

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