October 5, 2011


Notice Concerning Revision of Earnings Forecast

Fukuoka, October 5, 2011 - SANIX Incoporated (Ticker: 4651, TSE/OSE/FSE, President & CEO: Shin-ichi Munemasa) announces revisions of its operational result forecasts for the first six-month, previously announced on May 11, 2011.


1. First Six-month Results Forecast (April 1, 2011 to September 30, 2011)
Revision to consolidated results forecast

iMillions of Yenj
Net Sales
Operating Income
Ordinary Income
Net Income
Net Income per Share
Previous Forecast
17,410 
265 
240 
30 
0.63Yen 
Revised Forecast
15,447 
265 
240 
30 
0.63Yen 
Difference
(1,963) 
% Change
(11.3%) 
Results from year before
14,609 
1,132 
1,090 
806 
16.90Yen 


2. Reasons for the Revision
In the first six-month period of the current consolidated fiscal year, the Sanix Group expects to see total sales fall short of its initial plan, mainly because the sales of the Solar Photovoltaic Power Generation System in the HS Division fell below the initial expectation, despite it doubled from the same period last year.
The Groupfs operating income, ordinary income and net income are likely to achieve the initial plan, mainly because the sales of exist products with higher profit than Solar Photovoaltaic Power Generation System exceeded the initial plan.
Regarding the earnings forecast for the full-year ending March 2012, there is no change from initial plan, announced on May 11,2011, because the Group expects sales of Solar Photovoltaic Power Generation System to increase due to the reinforcement of our sales structure. Hereafter, if it occurs to change the earning forecast, we will release soon.


(Note) These forecasts are based on information available as of October 5, 2011. Actual results may be different from forecasts due to various unexpected factors in the future.

For more information, please contact:
Toshiyuki Tominaga, General Manager,
Management & Planning Division