October 26, 2011


SANIX to Establish New Subsidiary


At the Board of Directors Meeting held on October 26, 2011, Sanix Incorporated (Ticker : 4651,TSE/OSE/FSE, President & CEO: Shin-ichi Munemasa) announces its decision to establish a wholly-owned subsidiary.

1. Purpose of establishing subsidiary company

Sanix Incorporated will establish a wholly owned subsidiary to entry into the market for Solar Photovoltaic Power Generation Systems for Public/ Industrial Use which is expected to expand further, based on our sales results for the home-use Solar Photovoltaic Power Generation System.


2. Outline of established subsidiary(All the following details are tentative at this stage)

(1) Company name SANIX ENGINEERING INCORPORATED
(2) Location 1-2-8, Toranomon, Minato-ku, Tokyo, Japan
(3) Representative CEO, Masahiro Shimojo(Managing Director and General Manager of Solar Photovoltaic Power Generation System Division, SANIX Incorporated)
(4) Primary Business Planning, designing, selling, construction and consulting for Solar Photovoltaic Power Generation Systems for Public/ Industrial Use
(5) Paid-in capital JPY 10 million
(6) Share holders Wholly-owned by SANIX INCORPORATED
(7) Fiscal year end March 31
(8) Establishment of a company Early in January, 2012
(9) Commencement of business Late in February, 2012


3. Outlook

The establishment of this new subsidiary company will have no impact on the Company’s consolidated results for the Fiscal Year ending in March 2012.

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