Sanix Incorporated recorded an extraordinary loss in the third quarter of the fiscal year ending March 2013. Details are as follows:

1. Extraordinary Loss

We signed a contract for selling ‘Sanix Hirao Building’ to LANDIC ASSOCIATES Co.,LTD. The building was once used as our company dormitory and is now leased to one of our consolidated subsidiary, SANIX SOFTWARE DESIGN INCORPORATED. The sale will be effective as of January 31, 2013 and it aims at liquidating our corporate asset and reducing our liability with interest. Due to this, the difference between the book value and the sales amount of the building (the sales price after deduction of brokerage fees and other miscellaneous charges), i.e. impairment loss of 18,657 thousand yen are accounted as extraordinary loss.

2. Details of the Transferred Asset

Description and location of the asset	Book value	Transfer price	Impairment loss
2-7-1 Nanokawa, Chuo-ku, Fukuoka City 5-story building of reinforced concrete structure 357.02 �u	118 million yen	99 million yen	18 million yen

 * The book value is as of December 31, 2012.

3. Impact on Consolidated Operational Results

Sanix is also publishing, as of the date of this announcement, “Consolidated Financial Summary for the third quarter ended December 31, 2012”, which includes the impact of the extraordinary loss described here.

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