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(Update) Lixil Shareholders Back Sacked Pres. Seto in Management Battle

(Update) Lixil Shareholders Back Sacked Pres. Seto in Management Battle

   Tokyo, June 25 (Jiji Press)--Lixil Group Corp. <5938> shareholders voted on Tuesday to allow former President and Chief Executive Officer Kinya Seto, who was sacked at the initiative of the company's founding family last year, to lead the major Japanese housing equipment maker again.
   The eight board member candidates, including Seto himself, nominated by the former company chief in the capacity of a shareholder were approved at a general meeting of Lixil shareholders on the day, as were only six of the company management's candidates.

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AFP-JIJI PRESS NEWS JOURNAL


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