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November 10, 2010
Notice Concerning Revision of Earnings Forecast
Fukuoka, November 10, 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 May 12, 2010.
1. Full Year Results Forecast (April 1, 2010 to March 31, 2011)
Revision to non-consolidated results forecast
（Millions of Yen）
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Net Sales
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Operating Income
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Ordinary Income
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Net Income
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Net Income per Share
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Previous Forecast
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25,000
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800
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755
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525
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11.00Yen
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Revised Forecast
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27,300
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700
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680
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600
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12.58Yen
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Difference
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2,300
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(100)
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(75)
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75
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-
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% Change
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9.2%
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(12.5%)
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(9.9%)
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14.3%
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-
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Results from year before
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22,647
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(58)
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(168)
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(3,880)
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(81.33Yen)
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2. Reasons for the Revision
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Regarding the earning forecast for the full-year ending March 2011, we expect total sales to exceed the initial plan, because sales of Solar Photovoltaic Power Generation System progress better than our expection in the second half of the fiscal year. On the other hand, we expect operating income margin to decrease from the initial plan because Solar Photovoltaic Power Generation System with a thinner profit-margin than the existing products to expanding our domestic market share. Consequently, the Sanix Group expects operating income and ordinary income to fall below the initial plan, but net income to exceed the initial plan due to recording defferred tax assets.
Considering these facts and forecasts, Sanix has modified the non-consolidated operational result forecasts for the full-year. Concerning the consolidated operational result, please refer to “Consolidated Financial Summary for the first half ended September 30, 2010” the company annouced on November 10, 2010.
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For more information, please contact:
Masahiro Shimojo, Managing Director,
Management & Planning Division |