Lixil Corporation - JSGRY STOCK NEWS

Hydrific, a LIXIL company, has been honored in two categories at Fast Company's 2024 Innovation by Design Awards. The company's product, Droplet, a smart water sensor, was recognized in the 'Best Product Design' and 'Best Designs from Up-and-Coming Companies' categories. This achievement places Hydrific alongside industry leaders like Sonos and Samsung.

The awards highlight Hydrific's commitment to addressing the water crisis through innovative home devices. Droplet provides real-time data and insights for water conservation. The recognition follows a highly successful Kickstarter campaign where Droplet was funded in just 11 minutes, raising over 10 times its initial goal.

Fast Company's awards, now in their 13th year, celebrate organizations setting new standards across various economic sectors, focusing on solving current and future challenges.

LIXIL, a leading manufacturer of water and housing products, has been named the Alliance for Water Efficiency's (AWE) 2024 Business & Industry Member of the Year. This recognition highlights LIXIL's leadership in water efficiency and conservation. As a Gold level member of AWE since 2008, LIXIL has supported policy partners, donated plumbing fixtures, and served on various committees.

The company aims to reduce global water consumption by two billion cubic meters annually by the end of 2025 through innovative products and strategic partnerships. In the United States, LIXIL is addressing water and sanitation issues, including work in Lowndes County, Alabama. The company is also committed to increasing the use of recycled water and reducing water consumption across its operations in response to North American water shortages.

LIXIL, a leading water and housing products manufacturer, partnered with Tools & Tiaras Inc. to sponsor a water conservation workshop during its annual summer camp for girls. The workshop, led by LIXIL's Hydrific brand, aimed to introduce young girls to the skilled trade industry, focusing on water conservation and product design. This initiative is part of LIXIL's efforts to promote gender diversity in the plumbing sector, where women represent only 2.3% of the workforce.

The camp featured hands-on activities, including a design challenge and a demonstration of Hydrific's Droplet smart water sensor. LIXIL's partnership with Tools & Tiaras aligns with their commitment to Diversity and Inclusion and their 'American Standard Trade Up' initiative, which highlights the importance of plumbers in safeguarding public health. This collaboration aims to change societal perceptions of 'women's work' and address the skilled labor gap in the United States.

LIXIL becomes the first commercial license partner for Georgia Tech's G2RT Consortium, revolutionizing traditional toilets into self-contained appliances. The technology, developed in collaboration with the Bill & Melinda Gates Foundation, aims to provide sustainable sanitation solutions by treating waste directly at the source. This innovative approach eliminates the need for traditional infrastructure, reducing construction costs and expanding access to safe sanitation globally.

Hydrific, a part of LIXIL, introduces Droplet, a smart home water sensor for easy water conservation. The Kickstarter campaign offers exclusive early access, with over 1,000 preorders and 5,000 subscribers. Droplet monitors water usage, providing real-time data and insights, potentially saving households up to 30% on water bills.

LIXIL (NYSE:LIXI) reveals new survey findings on consumer attitudes and behavior shifts amid water crisis

GROHE, a leader in bathroom solutions, has launched the GrohSafe 3.0 Pressure Balance Valve with Integrated Diverter. This innovative system simplifies the installation for builders and plumbers while enhancing showering experiences. Key features include an integrated diverter, reduced labor costs, and the ability to control multiple functions with a minimalist design. The compact design allows installations in tight spaces and ensures leak-free operation thanks to GROHE's double ceramic technology. This product is now available at authorized GROHE distributors nationwide.