Sanix

Aug 22, 2023

02 Today at 03:50 am Share Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. August 9, 2023 (Under Japanese GAAP) Securities code: Inquiries: Executive officer August 10, 2023 - Holding of quarterly financial results briefing: Yes (for Institutional investor) (Yen amounts are rounded down to millions, unless otherwise noted.) 1. Consolidated financial results for the three months ended June 30, 2023 (from April 1, 2023 to June 30, 2023) (1) Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.) ¥ 98 million [(54.7)%] ¥217million ¥6,146 million ¥6,047 million Note: Revisions to the forecast of cash dividends most recently announced: None 3. Consolidated financial forecasts for the fiscal year ended March 31, 2024(from April 1, 2023 to March 31, 2024) Profit attributable * Notes Changes in significant subsidiaries during the period (changes in specified subsidiaries resulting in the change in scope of consolidation): None Newly included: - companies (Company name) Excluded: Changes in accounting policies, changes in accounting estimates, and restatement Changes in accounting policies due to revisions to accounting standards and other regulations: None Changes in accounting policies due to other reasons: None Changes in accounting estimates: None Restatement: None Total number of issued shares at the end of the period (including treasury shares) As of June 30,2023 As of June 30,2023 1,114,983 shares Three months ended June 30, 2023 Three months ended June 30, 2022 47,804,413 shares 47,804,498 shares Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation. Proper use of earnings forecasts, and other special matters The forward-looking statements, including results forecasts, included in this material are based on the information that the Company has obtained and certain assumptions that the Company considers reasonable. Actual results may differ significantly for a range of factors. The assumptions for the results forecasts and cautions in the use of the forecasts are described in 1. Qualitative Information for the three months ended June 30, 2023, (3) Information on the Future Outlook, Including the Forecasts of Consolidated Business Results on page 5 of the Attachment. Index of the attachment 2 2 4 Including the Forecasts of Consolidated Business Results 5 Three months ended June 30, 2023 6 8 8 9 10 10 10 12 Information of Consolidated Business Results During the first quarter under review (April 1 to June 30, 2023), the Japanese economy continued to recover moderately, partly reflecting a recovery in inbound tourism-related demand following the recategorization of COVID-19 as a class 5 infectious disease. However, the outlook still remained uncertain, largely reflecting surging resource and energy prices and rising raw materials prices linked to a weaker yen. In this social environment, guided by its corporate philosophy, "Clean and comfortable environment for the next generation," the Group facilitated the resolution of social issues through its businesses and continued to work to help establish a sustainable society in the residential environment, resource circulation and energy domains. Additionally, the Group developed its Medium-Term Management Plan (FY2023 to FY2025). Based on this plan, it will begin to actively implement growth investments to enable future growth by establishing quotas for a strategic investment framework while simultaneously securing a stable financial base by enhancing its earning capacity through the steady growth of existing businesses. The Group aims to accelerate its future growth by strategically investing and continuing to expand its strategic investment framework. （Details are provided at our official website. https://sanix.jp/lang_en/e02/pdf/ir2023_5e-c.pdf） In terms of net sales, ERD Division sales increased (up 10.4% year on year) reflecting an increase in this year's electricity sales contract price in power plant sales. However, PPS(Power Producer and Supplier) Division sales decreased (down 54.8% year on year) due to the downsizing of the business to avoid risks linked to a rise in the cost of procuring electricity. As a result, the Group's consolidated net sales for the first quarter under review came to ¥11,081 million (down 2.3% year on year). The Group's consolidated profit included operating profit of ¥154 million (down 54.8% year on year), ordinary profit of ¥73 million (down 72.9% year on year) and profit attributable to owners of parent of ¥63 million (down 63.6% year on year) due in part to the posting of repair expenses in conjunction with the statutory inspection of boiler turbines conducted at the Tomakomai power plant in April 2023. The consolidated results of the individual segment for the first quarter under review were as follows: a. HS (Home Sanitation) Division The HS Division continued to strengthen its sales policy with a focus on the development of new customers as in the previous year while also accelerating initiatives with an eye toward the enhancement of its customer foundation. As a result, net sales came to ¥3,027 million Attachments