May 12, 2010


Notice Concerning Revision of Earnings Forecast

Fukuoka, May 12, 2010 - SANIX Incoporated (Ticker: 4651, TSE/OSE/FSE, President & CEO: Shin-ichi Munemasa) announces revisions of its operational result forecasts for the full year, previously announced on February 12, 2010.


1. Full Year Results Forecast (April 1, 2009 to March 31, 2010)
(1) Revision to consolidated results forecast

iMillions of Yenj
Net Sales
Operating Income
Ordinary Income
Net Income
Net Income per Share
Previous Forecast
24,520 
450 
280 
(1,830) 
(38.36Yen) 
Revised Forecast
24,539 
390 
224 
(3,676) 
(77.06Yen) 
Difference
19 
(59) 
(55) 
(1,846) 
% Change
0.1% 
(13.3%) 
(19.7%) 
Results from year before
25,233 
(596) 
(620) 
(4,145) 
(86.88Yen) 

(2) Revision to non-consolidated results forecast

iMillions of Yenj
Net Sales
Operating Income
Ordinary Income
Net Income
Net Income per Share
Previous Forecast
22,660 
85 
(40) 
(2,010) 
(42.13Yen) 
Revised Forecast
22,647 
(58) 
(168) 
(3,880) 
(81.33Yen) 
Difference
(12) 
(143) 
(128) 
(1,870) 
% Change
(0.1%) 
Results from year before
23,372 
(634) 
(667) 
(4,079) 
(85.51Yen) 


3. Reasons for the Revision
We reassessed the recoverability of non-current assets in the Environmental Resources Development Division, since the market environment has been significantly deteriorating from the end of the previous fiscal year. As a result, we will record impairment loss of 1,725 million yen as extraordinary loss. Consequently, we make a downward revision to the previous forecast for net income.

Non-consolidated forecasts were also modified for the full year, for the same reasons.


For more information, please contact:
Masahiro Shimojo, Director,
Management & Planning Division