SANIX INCORPORATED April 24, 2015
SANIX Incorporated (Ticker:4651,TSE/FSE, President & CEO: Shin-ichi Munemasa) announces expand electric power purchase service and electric power retailing business, approved by the Board of Directors at the board meeting held on April 24, 2015 as below.
1. Outline of the Business
(1) Summary of the Business
SANIX will launch a service to purchase generated electric power at a certain amount above the procurement price established by the government's feed-in tariff program. The Company will primarily target solar power generating facilities with 10kW and 50kW installed by mainly SANIX in areas serviced by Tokyo Electric Power, Chubu Electric Power, Kansai Electric Power, Chugoku Electric Power and Kyushu Electric Power company. By installing the company's SANIX-Eye remote monitoring service, customers will be able to switch to selling their generated electric power to SANIX.
Moreover, while SANIX is already engaged in an electric power retail business, in the future it
plans to expand its electric power retail business by engaging in the sale of electric power to consumers which receiving in high voltage power as a power producer and supplier ("new electric power provider," hereafter) authorized to engage in electric power retailing in the service areas described above. When proposing sales, SANIX will promote reduced electric power costs by offering appropriate electricity contracts to ensure that each consumer can is able to use electric power optimally.
SANIX has developed an integrated business covering end-to-end from research, development and
manufacturing of solar power system, sales, installation and after maintenance. SANIX is also engaged in a power generation business through a waste plastic single-fuel thermal power plant operated by its subsidiary Sanix-Energy Incorporated (Tomakomai City, Hokkaido) and an electric power retailing business through Sanix-Energy's subsidiary SE-Wings Incorporated. Moreover, SANIX also submitted notification as a new electric power provider in April 2001.
(2)Date of start the Business
Oct.1st. 2015 (plan)
(3) Initial investment of the Business
The company have no initial investment plan for the business.
2. Outlook
The company will announce the earnings forecast for the Fiscal Year Ending March 31, 2016 at May
13, 2015 with forecast of this business.
For more information, please contact to;
Kozo INOUE, Director, Managing Corporate Officer
General Manager of Management & Planning Division
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