Code4651

Financial Results Briefing For

the Nine Months Ended December 31, 2022

SANIX INCORPORATED

February 15,2023

Contents

1.

Financial Results of FY2022 3Q

P.4

2.

Financial Results forecast of FY2022

P.27

3.

Supplementary materials

P.40

Segment Performance of FY2022 3Q

4.

Supplementary materials

P.52

Business Structure

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1

Disclaimer

This material contains certain forward-looking statements. Such forward-looking statements are not intended to provide guarantees of our future performance and are based on certain assumptions and management's judgment based on currently available information. Therefore, actual results in future earnings and operating results may materially differ from those contained in the forward-looking statements.

The following items are among the factors that could cause actual results to differ materially from the forward-looking statements in this material:

changes in economic changes of the Feed-in-Tariff (FIT) scheme for renewable energy and changes of the utility company's policy for installation of renewable energy, competition with other manufacturers, changing technology, regulatory environment, new legislation and any other factors which are beyond our control.

In addition, this presentation is not intended to solicit investment to securities issued by us. We assume no responsibility for any losses and liabilities that may be incurred because of information contained in this material.

Note

  • Numbers are rounded off to the nearest whole number.
  • "( )" in operating income, 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 "-".

Due to an organizational change, the Company has decided to reclassify its business segments effective from the fiscal year ending March 31, 2023. Accordingly, the Company has made year-on-year comparisons and analyses after reclassifying the figures for the same period of the previous year according to the new segmentation. Due to the practical difficulty of reclassifying figures for the same period of the previous year, year-on-year comparisons have not been made for the (new) SE business segment in the business of photovoltaic power generation systems for detached houses. Therefore, comparisons in the PV business segment have been made with figures of the same period of the previous year for the (previous) SE business segment.

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2

1.Financial Results for the Nine Months Ended December 31,2022

3

Change in segment classification

■Segments have been reclassified in line with

the organizational change made on June 1, 2022

Before segment change

SE Division

HS Division

ES Division

ERD Division

EB Division

After segment change

HS Division・・・Service business for detached house

Residential

ES Division・・・Services business for corporation,

Environment

business owners

Area

SE Division・・・Services business for Residential solar

power generation system

PV Division・・・Services business for Industrial solar

Energy

power generation system

Area

PPS Division・・・Services business for Electricity retail

Resource

ERD Division・・・Services business for Recycling waste

Circulation

Area

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Sanix Inc. published this content on 22 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2023 08:46:09 UTC.