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
Consolidated Financial Results | |
for the Three Months Ended June 30, 2023 | |
(Under Japanese GAAP) | |
Company name: SANIX INCORPORATED | |
Listing: | Tokyo Stock Exchange / Fukuoka Stock Exchange |
Securities code: | 4651 |
URL: | https://sanix.jp/lang_en/ |
Representative: | Hiroshi Munemasa, President and Representative Director |
Inquiries: | Hiroshi Soga, Corporate Planning Headquarters, Corporate Planning Department |
Executive officer | |
Telephone: | +81-92-284-5072 |
Scheduled date to file quarterly securities report: | August 10, 2023 |
Scheduled date to commence dividend payments: | - |
Preparation of supplementary material on quarterly financial results: Yes | |
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.) | ||||||||||||
Net sales | Operating profit | Ordinary profit | Profit attributable to | ||||||||||
owners of parent | |||||||||||||
Three months | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||
ended | |||||||||||||
June 30, 2023 | 11,081 | (2.3) | 154 | (54.8) | 73 | (72.9) | 63 | (63.6) | |||||
June 30, 2022 | 11,346 | 2.8 | 341 | - | 270 | - | 174 | - | |||||
Note: Comprehensive income For the three months ended June 30, 2023: | ¥ 98 million [(54.7)%] | ||||||||||||
For the three months ended June 30, 2022: | ¥217million | [-%] | |||||||||||
Basic earnings | Diluted earnings | ||||||||||||
per share | per share | ||||||||||||
Three months | Yen | Yen | |||||||||||
ended | |||||||||||||
June 30, 2023 | 1.33 | - | |||||||||||
June 30, 2022 | 3.66 | - | |||||||||||
(2) Consolidated financial position | |||||||||||||
Total assets | Net assets | Equity-to-asset ratio | Net assets | ||||||||||
per share | |||||||||||||
As of | Millions of yen | Millions of yen | % | Yen | |||||||||
June 30, 2023 | 33,642 | 6,166 | 18.3 | 128.58 | |||||||||
March 31, 2023 | 33,586 | 6,068 | 18.0 | 126.51 | |||||||||
Reference: Equity | |||||||||||||
As of June 30, 2023: | ¥6,146 million | ||||||||||||
As of March 31, 2023: | ¥6,047 million |
2. Cash dividends
Annual dividends per share | ||||||||
First quarter-end | Second quarter- | Third quarter-end | Fiscal year-end | Total | ||||
end | ||||||||
Yen | Yen | Yen | Yen | Yen | ||||
Fiscal year ended | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
March 31, 2023 | ||||||||
Fiscal year ending | 0.00 | |||||||
March 31, 2024 | ||||||||
Fiscal year ending | ||||||||
March 31, 2024 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
(Forecast) | ||||||||
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 | Basic earnings | ||||||||||
Net sales | Operating profit | Ordinary profit | to owners of | per share | |||||||
parent | |||||||||||
Millions of | % | Millions of | % | Millions of | % | Millions of | % | ||||
Yen | Yen | Yen | Yen | Yen | |||||||
First Half | 23,873 | 5.4 | 1,452 | 94.6 | 1,336 | 118.5 | 1,035 | 133.8 | 21.65 | ||
Full Year | 47,965 | 3.6 | 3,231 | 81.0 | 3,014 | 94.2 | 2,495 | 87.3 | 52.20 | ||
Note
1.Revision from the most recently announced forecast of consolidated business results: None
* 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: | - companies (Company name) |
- Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
- 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
- Number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares)
As of June 30,2023
As of March 31,2023
48,919,396 shares
48,919,396 shares
- Number of treasury shares at the end of the period
As of June 30,2023
As of March 31,2023
1,114,983 shares
1,114,983 shares
- Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
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 | ||
1. Qualitative Information for the Three months ended June 30, 2023 | 2 | |
(1) | Information of Consolidated Business Results | 2 |
(2) | Information of Consolidated Financial Position | 4 |
(3) | Information on the Future Outlook, | |
Including the Forecasts of Consolidated Business Results | 5 | |
2. Quarterly Consolidated Financial Statements and the Primary Notes for the | ||
Three months ended June 30, 2023 | 6 | |
(1) | Quarterly Consolidated Balance Sheets | 6 |
(2) | Quarterly Consolidated Statements of Income and Comprehensive Income | 8 |
Quarterly Consolidated Statements of Income | 8 | |
Quarterly Consolidated Statements of Comprehensive Income | 9 | |
(3) | Notes regarding the Quarterly Consolidated Financial Statements | 10 |
Notes on matters related to going concern assumption | 10 | |
Notes to Remarkable Changes in the amount of Shareholders' Equity | 10 | |
Segment Information, etc | 11 | |
3. Others | 12 | |
Consolidated Net Sales by Division | 12 |
2
1. Qualitative Information for the Three months ended June 30, 2023
- 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
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Sanix Inc. published this content on 22 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 August 2023 07:49:07 UTC.