# Lixil vs Sanwa Holdings

> Unit: JPY millions (ratios in %)
> Periods: Lixil = FY ending Mar 2026, consolidated, IFRS / Sanwa Holdings = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T20:36:17.942Z

| Metric | Lixil | Sanwa Holdings |
| --- | ---: | ---: |
| Revenue | 1,510,704 | 660,712 |
| Operating income | 28,403 | 79,095 |
| Net income | 8,143 | 59,776 |
| COGS ratio | 65.9% | 66.9% |
| Operating margin | 1.9% | 12.0% |
| Net margin | 0.5% | 9.0% |
| FCF margin | 2.6% | 7.1% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YD5L | S100YFHH |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Lixil | Sanwa Holdings |
| --- | ---: | ---: |
| Revenue growth | 31.3 (56 peers) | 97.3 (56 peers) |
| Profitability | 28.4 (58 peers) | 97.4 (58 peers) |
| Cash conversion | 91 (50 peers) | 29 (50 peers) |
| Efficiency | 45.7 (58 peers) | 90.5 (58 peers) |
| Financial strength | — | 93.8 (8 peers) |

## Company details

- https://vizora.meequs.com/en/company/lixil/md
- https://vizora.meequs.com/en/company/sanwa-holdings/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).