LIXIL Corporation announced plans to move its head office and multiple group companies from the current WING Building (Koto Ward, Tokyo) to Sumitomo Fudosan Osaki Garden Tower (Shinagawa Ward, Tokyo) in August 2022. The move is in line with the transformation of working styles at LIXIL, shifting to a smaller and more tailored space designed for communication and human connection. In addition, the relocation and sale of land and buildings of the current WING location will reduce head office operating costs and improve capital efficiency. The impact of the sale of the land and buildings on the consolidated profit and loss is expected to be minor. LIXIL will promptly disclose any matters that should be announced. In addition, LIXIL plans to disclose the estimated impact of this change by factoring it into the full-year forecast for LIXIL's consolidated business performance for the fiscal year ending March 31, 2023.