LIXIL (5938) fell drastically. A downward revision of the earnings forecast for the fiscal year ending 24/3 was announced the day before. Business profit was lowered from the previous forecast of 40 billion yen to 23 billion yen, down 10.7% from the previous fiscal year. Although underperformance was expected, the market forecast was around 30 billion yen, so the decline was more than expected. It seems that the slump in overseas business, centered on the European market, continues. Note that the annual dividend plan of 90 yen has remained unchanged.
LIXIL---大幅反落、想定以上の業績下方修正を発表で
LIXIL --- Significant decline, announced downward revisions to earnings that were more than expected
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