LIXIL Announces Executive Appointments to Drive Next Stage of Transformation

Tokyo – LIXIL Corporation (“LIXIL”, TSE Code: 5938), maker of pioneering water and housing products, today announced senior leadership appointments, effective April 1, 2026. Additionally, LIXIL has announced its slate of proposed candidates for election to the Board of Directors at the Annual General Shareholders meeting (AGM), which is scheduled to be held in June 2026.

Director Candidates & Executive Officers

Today, LIXIL’s Nomination Committee has announced its slate of proposed candidates for election to the Board of Directors at the AGM. The company plans to re-elect nine of the current ten Directors. For the new appointments, Yugo Kanazawa, who will serve as Representative Executive Officer, Executive Vice President and Chief Operating Officer (COO), and Mariko Fujita, Executive Officer and CFO, have been selected as internal director candidates. Additionally, Ms. Yayoi Tanaka has been nominated as a new outside director candidate. Under this proposal, the Board will expand from ten to twelve members.

During his tenure as Chief Digital Officer, Kanazawa has driven the digital transformation of LIXIL across all fronts. This includes the implementation of digital sales methodologies and company-wide AI integration as well as enhanced cybersecurity, which together resulted in improved customer and employee experiences. He has been nominated for the Board with the expectation that he will provide strong leadership in accelerating innovation and decision making in his new role as COO. Fujita was appointed CFO in 2024 and has overseen the accounting and financial divisions while spearheading the development of a robust financial foundation. In the new executive structure effective April, she is expected to execute her duties in close collaboration with the CEO and COO while further contributing to management decision making at the Board through her multifaceted perspective.

Ms. Tanaka brings deep expertise in the management and evaluation of non-profit organizations along with extensive experience in national fiscal oversight. She previously served as President of the Board of Audit of Japan and sat on numerous government committees. She has also served as an outside director for several listed companies where she advised on community coexistence projects and championed women’s empowerment. Her insights are expected to be vital in identifying challenges and risks while enhancing the effectiveness of corporate governance and contributing to sustainable corporate value.

Jin Montesano, who has served as Director and Representative Executive Officer as well as Chief People Officer is set to retire from her role. Montesano has played a pivotal role in the transformation of LIXIL by driving the Impact Strategy and strengthening the SATO business as well as promoting Diversity and Inclusion. Following her retirement from the Board, she will serve as an Advisor and continue to contribute to the growth of LIXIL through her extensive expertise.

LIXIL's Board of Directors also resolved to retain seven out of the current eight Executive Officers, aside from Montesano, who will step down. In addition to CEO Kinya Seto, Kanazawa will be newly appointed as Representative Executive Officer starting in April in his new capacity as Representative Executive Officer, Executive Vice President and COO. Furthermore, Erin McCusker, who has led numerous key businesses such as the SATO business, has been newly appointed as Executive Officer, Executive Vice President and will serve as Chief Impact Officer. In this role, she will oversee Communications and External Affairs as well as the Impact Strategy.

Further information on the selection of Director candidates and Executive Officers can be found in LIXIL’s timely disclosure here.

Corporate Officers

LIXIL's management team is structured under the CEO, comprising two tiers: Executive Vice Presidents (EVPs) and Senior Vice Presidents (SVPs). Effective April 1, one EVP and twenty-two SVPs have been reappointed. Additionally, seven individuals including Masaki Kataoka, Daigo Kita, Tatsuo Nakai, Daniela Stawinoga-Carrington, Satoshi Konagai, Katsutoshi Hibino and Masatoshi Hashimoto have been newly appointed as SVPs. LIXIL continues to build a diverse global management team by actively appointing individuals with high levels of expertise.

The full list of EVPs and SVPs can be found here.

Comment from CEO Kinya Seto

On behalf of the management team and the Board of LIXIL, I would like to express my deepest gratitude to Jin Montesano for the years of contribution and leadership. Jin has played an essential role in building the foundation for our sustainable growth. Her work has ranged from embedding our Purpose and Behaviors as the cornerstone of our culture to strengthening our Impact Strategy and Diversity and Inclusion initiatives.

Building upon this foundation, LIXIL is now at a turning point as we pursue a new phase of growth. By welcoming new members to our leadership team at this time, we will accelerate the business strategies outlined in the LIXIL Playbook. We will maximize our established strengths and unite as One LIXIL to achieve our goal of “making better homes a reality for everyone, everywhere”.