LIXIL is the most comprehensive and connected global company in the housing and building industry, delivering human-centric innovation that enhances people's living spaces.
LIXIL Group Corporation has adopted the company with three committees corporate governance model as provided for under Japan's Companies Act. Under this governance system, the Company separates the conduct of management from the surveillance of management with the objectives of creating a system where the executive officers can make management decisions quickly and efficiently while achieving and maintaining management transparency.
As a pure holding company, the Company has formed the following meetings, committees, and councils to strengthen governance over Group companies: Internal Audit Committee, Compliance Committee, Risk Management Committee, Investment Strategy Council, Investment and Loan Council, and New Business Deliberation (Acquisition) Council. These committees discuss corporate strategy, con- sider medium-to-long-term policies, deliberate investments, and work to accelerate decision making while enhancing the effectiveness of governance.