Code:4651
Financial Results Briefing For
the Fiscal Year Ended March 31, 2024
SANIX INCORPORATED
May 15, 2024
1. | Financial Results of FY2023 | P.3 |
2. | Financial | P.21 |
3. | Financial Results forecast of FY2024 | P.30 |
4. | Topics | P.36 |
5. Supplementary materials(Business Structure) | P.39 | |
(Note)
- Numbers are rounded off to the nearest whole number.
- "( )" in operating profit, ordinary income and net income indicate operating loss, ordinary loss and net loss respectively.
- In case of negative or above 1,000%, margin is expressed by "-".
- 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.
Copyright© SANIX INCORPORATED | 1 |
Financial Results for the Fiscal year Ended March 31,2024
Copyright© SANIX INCORPORATED | 2 |
Financial Results of FY2023
Increase in sales and profit year on year
- Net sales increased due to an increase in the unit price of electricity sold by the Tomakomai power plant, despite the impact of business restructuring in the PPS(Power Producer and Supplier) Division.
- Operating profits in all business segments significantly exceeded those of the same period of the previous year, with a particular contribution from an increase in the unit contract price of electricity sold by the Tomakomai power plant.
Millions of Yen
Net Sales
Gross Profit
(Gross Profit Margin)
Operating Profit
(Operating Profit Margin)
Ordinary Profit
(Ordinary Profit Margin)
Profit (loss) attributable to owners of parent
(Net Profit Margin)
FY2022
Results
46,277
16,208
35.0%
1,785
3.9%
1,552
3.4%
1,332
2.9%
FY2023
Results
47,167
18,102
38.4%
3,744
7.9%
3,466
7.3%
2,697
5.7%
FY2023 | Y o Y | Plan ratio |
Plan | ||
47,965 | 101.9% | 98.3% |
17,668 | 111.7% | 102.5% |
36.8% | ||
3,231 | 209.7% | 115.9% |
6.7% | ||
3,014 | 223.3% | 115.0% |
6.3% | ||
2,495 | 202.5% | 108.1% |
5.2% |
Copyright© SANIX INCORPORATED | 3 |
Net Sales of FY2023
FY2022 Results
FY2023 |
Results |
FY2023 Plan
Y o Y
Plan ratio
Net Sales Composition
Millions of Yen
Net Sales
46,277
47,167 |
47,965
101.9%
98.3%
ERD
HS
25.1%
Residential Environment Energy
15,751 14,007
15,824 |
12,455 |
17,337 12,493
100.5%
88.9%
91.3%
99.7%
40.0%
40.0% FY2023
33.6%
ES
5.7%
Resource Circulation
16,518
18,886 |
18,134
114.3%
104.2%
26.4% | SE |
2.7% |
PPS | PV |
5.5% | |
20.9% | |
Residential | Energy | Resource | |||||||||||||||||||||||||
Environment | Circulation | ||||||||||||||||||||||||||
■ Year-on-Year Comparison | 【millions of Yen】 | ||||||||||||||||||||||||||
+125 | |||||||||||||||||||||||||||
+407 | ー459 | +1,231 | |||||||||||||||||||||||||
46,277 | ー2,783 | +2,368 | 47,167 | ||||||||||||||||||||||||
FY2022 | 【HS】 | 【ES】 | 【SE】 | 【PV】 | 【PPS】 | 【ERD】 | FY2023 |
Residential Environment | Energy | Resource Circulation | |||||
+73 | ー1,551 | +2,368 | |||||
Copyright© SANIX INCORPORATED | 4 |
Operating Profit of FY2023
FY2022 | FY2023 | FY2023 | Y o Y | Plan ratio | |
Results | Results | Plan | |||
Millions of Yen | |||||
Operating Profit | 1,785 | 3,744 | 3,231 | 209.7% | 115.9% |
Residential Environment | 1,421 | 1,724 | 2,281 | 121.3% | 75.6% |
Energy | 261 | 377 | 104 | 144.1% | 359.5% |
Resource Circulation | 3,153 | 4,722 | 3,611 | 149.8% | 130.8% |
Group | (3,050) | (3,079) | (2,766) | ー | ー |
Operating Profit Margin
25.0% | ||
19.1% | ||
9.0% 10.9% | ||
1.9% 3.0% | ||
Residential | Energy | Resource |
Environment | Circulation | |
FY2022 | FY2023 |
■ Year-on-Year Comparison | 【millions of Yen】 |
ー28
+378 | ー62 | ー12 | +254 | ー138 | +1,568 | 3,744 | ||
1,785 | ||||||||
FY2022 | 【HS】 | 【ES】 | 【SE】 | 【PV】 | 【PPS】 | 【ERD】 | 【Group】 | FY2023 |
Residential Environment | Energy | Resource Circulation | ||||||
+303 | +115 | +1,568 | ||||||
Copyright© SANIX INCORPORATED | 5 |
- Residential Environment Area 】
Residential Environment Area
- Maintenance for detached houses
- Maintenance for apartment complexes
A comfortable living environment to the next generation
- Residential solar power installation
- Hygiene management
We at SANIX promote a comprehensive maintenance service for detached houses, condominiums and other facilities, from the perspective of preventive medicine (the concept of prevention). In addition, by offering a broad range of services including photovoltaic power generation, renovation, and urban space sanitation, we create comfortable and clean living conditions that can be passed down from generation to generation.
HS Division
Our staff who are familiar with termite behavior take proper measures to prevent infestations and exterminate termites. By utilizing professional skills and expertise supported by a wealth of experience and an excellent track record, in addition to well-preparedafter-sales services, we protect houses and eliminate house owners' concerns about termite damage.
ES Division
We implement central control efficiently regarding the maintenance of water supply and drainage facilities. Using our mainstay anti-rust equipment and other devices, we keep rust from growing inside pipes
Residential Environment Area
Net Sales Composition
Under-floor/attic
ventilation system
SE 8%
ES 17%
and extend the usable life of pipes, while also solving problems by removing limescale and oil stains or limiting the ability of limescale and oil to attach to surfaces.
SE Division
We enable environmentally and budget-friendly lifestyles by promoting photovoltaic power generation equipment for detached houses. We also make proposals on the flexible use of electricity through the introduction of storage batteries amid the growing demand for self-consumption type photovoltaic power generation equipment.
Pest control and removal
Storage batteries
Net Sales
FY2023
¥15,824 million
HS 75%
Copyright© SANIX INCORPORATED | 6 |
【 Residential Environment Area 】
- HS Division 】 (Year-on-Year Comparison)
- increases in sales and profit
Sales increased, reflecting the solid performance of termite control construction and under- floor/attic ventilation systems due to the strengthening of sales policies focused on the development of new customers and the acceleration of initiatives with an eye toward the enhancement of its customer foundation.
Profit increased, reflecting not only higher sales but lower subcontracting costs and reduced fixed costs such as SG&A expenses.
FY2022 | FY2023 | FY2023 | Y o Y | Plan ratio | |||
Results | Results | Plan | |||||
Millions of Yen | |||||||
Net Sales | 11,449 | 11,857 | 12,837 | 103.6% | 92.4% | ||
Termite control | 3,939 | 4,141 | 4,408 | 105.1% | 93.9% | ||
construction | |||||||
Under-floor/ | 2,869 | 2,979 | 3,279 | 103.8% | 90.9% | ||
attic ventilation system | |||||||
Foundation Repair/ | 1,692 | 1,653 | 1,918 | 97.7% | 86.2% | ||
Home Reinforcement System | |||||||
Others | 2,948 | 3,083 | 3,232 | 104.6% | 95.4% | ||
Gross Profit | 6,870 | 7,214 | 7,771 | 105.0% | 92.8% | ||
Operating Profit | 1,337 | 1,716 | 2,080 | 128.3% | 82.5% | ||
【 millions of Yen 】 | |||||||
3,344 | 2,857 | 3,027 | 2,956 | 2,876 | 2,997 | ||
2,781 | 2,465 | ||||||
651 | 231 | 381 | 445 | 445 | 385 | 438 | |
72 | |||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q |
FY2022 | FY2023 | ||||||
Net Sales(Results) | Operating Profit(Results) |
Copyright© SANIX INCORPORATED | 7 |
【 Residential Environment Area 】
- ES Division 】 (Year-on-Year Comparison)
- increases in sales, decrease in profit
Sales increased, reflecting the solid performance of building water supply and drainage repair work due to the strengthening of relationships with business partner such as the owners of buildings and condominiums and property management companies. However, profit decreased due to product lines consisting of products with high cost ratios.
FY2022 | FY2023 | FY2023 | Y o Y | Plan ratio | |
Results | Results | Plan | |||
Millions of Yen | |||||
Net Sales | 2,575 | 2,700 | 2,600 | 104.9% | 103.9% |
Anti-rust equipment | 1,138 | 1,015 | 1,220 | 89.2% | 83.2% |
installation | |||||
Others | 1,436 | 1,684 | 1,380 | 117.2% | 122.1% |
Gross Profit | 1,344 | 1,293 | 1,443 | 96.2% | 89.6% |
Operating Profit | 130 | 67 | 163 | 51.8% | 41.4% |
【 millions of Yen 】 | |||||||
643 | 641 | 743 | 618 | 707 | 680 | 692 | |
547 | |||||||
-13 | 22 | 38 | 83 | -10 | 36 | 7 | 33 |
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q |
FY2022 | FY2023 | ||||||
Net Sales(Results) | Operating Profit(Results) |
Copyright© SANIX INCORPORATED | 8 |
【 Residential Environment Area 】
- SE Division 】 (Year-on-Year Comparison)
- decreases in sales and profit
Although sales of storage batteries and replacement of power conditioners for existing photovoltaic power generation systems increased, the sales level temporarily declined due to the allocation of personnel to the development of business partners. Meanwhile, the deficit narrowed due to improved profitability.
FY2022 | FY2023 | FY2023 | 【 millions of Yen 】 | ||||||||||
Y o Y | Plan ratio | ||||||||||||
Results | Results | Plan | |||||||||||
Millions of Yen | |||||||||||||
Net Sales | 1,726 | 1,267 | 1,900 | 73.4% | 66.7% | ||||||||
Gross Profit | 607 | 360 | 639 | 59.4% | 56.4% | 401 | 390 | 491 | 443 | 354 | |||
318 | |||||||||||||
292 | 301 | ||||||||||||
Operating Profit | (59) | ||||||||||||
(47) | 37 | - | - | 9 | 43 | -3 | 8 | ||||||
-44 | -55 | -33 | -31 | ||||||||||
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | ||||||
FY2022 | FY2023 | ||||||||||||
Net Sales(Results) | Operating Profit(Results) |
Copyright© SANIX INCORPORATED | 9 |
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Disclaimer
Sanix Inc. published this content on 10 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2024 03:11:02 UTC.