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Sanix Reports Consolidated Financial Statements for the First Quarter ended June 30, 2006.


Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Aug 9, 2006 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) 
 Newswire) - Sanix Incorporated (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 4651) has announced its consolidated con·sol·i·date  
v. con·sol·i·dat·ed, con·sol·i·dat·ing, con·sol·i·dates

v.tr.
1. To unite into one system or whole; combine:
 financial summary for the first quarter of the Fiscal Year Ending March 31, 2007 and the 3 months ended June June: see month.  30, 2006.

Consolidated Financial Highlights for the First Quarter ended June 30, 2006

1)Consolidated Operating Results
-----------------------------------------------------------------------
                                                     (Millions of Yen)
                                  1st Quarter              Full Year
                              April 1 to June 30            March 31
                            FY2007  %ch.    FY2006   %ch.     FY2006
-----------------------------------------------------------------------

Net Sales                   8,966  (22.9)   11,628   (1.0)    36,509
Operating Income             (114)    -        404     -      (3,382)
Recurring Profit             (137)    -        407     -      (3,479)
Net Income                     11  (96.8)      357     -      (4,252)
Net Income/Share(Y)          0.28     -       9.00     -     (107.16)
Net Income/Share, Dil.(Y)    0.24     -       8.98     -         -

-----------------------------------------------------------------------


Note: Percentages indicate the increase and decrease compared with the previous first quarter ended June 30, 2005.

(2) Consolidated Financial Position
-----------------------------------------------------------------------
                                                     (Millions of Yen)
                                      As of June 30    As of March 31
                                   FY2007      FY2006          FY2006
-----------------------------------------------------------------------

Total Assets                      3 6,827      43,878          37,718
Shareholders' Equity               16,927      20,961          16,657
Shareholders' Equity Ratio          45.9%       47.8%           44.2%
Shareholders' Equity per Share     415.45      527.81          416.08

-----------------------------------------------------------------------


(3) Consolidated Financial Cash Flows
-----------------------------------------------------------------------
                                                     (Millions of Yen)
                                        1st Quarter         Full Year
                                     April 1 to June 30       March 31
                                     FY2007      FY2006        FY2006
-----------------------------------------------------------------------

Cash Flows: Operating Activities         11       1,594        (1,776)
Cash Flows: Investing Activities       (679)        (13)        1,598
Cash Flows: Financing Activities        188      (1,129)       (1,382)
Balance of Cash and
Cash Equivalents at End of Period       919       3,410         1,398

-----------------------------------------------------------------------


(4) Forecasts for Consolidated Business Results for the fiscal year ending March 31, 2007
-----------------------------------------------------------------------
                                                     (Millions of Yen)
                                     First Half          Full Year
                                 as of September 30   ending March 31
                                       FY2007             FY2007
-----------------------------------------------------------------------

Net Sales                             16,426              32,921
Recurring Profit                        (472)              1,899
Net Income                              (428)              1,863
Net Income per Share(Y)               (10.52)              45.73

-----------------------------------------------------------------------


Note: Forecasts above are based on assumptions, prospects and plans as of the date of this document. Actual results may differ significantly from these forecasts, due to various factors affecting the Company's business performance, such as change in economical conditions.

About Sanix Incorporated

Sanix (TSE: 4651) is Japan's leading provider of sanitation sanitation: see plumbing; sanitary science.  and environmental services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, . The company's business is divided into three areas; Home Sanitation, and Establishment Sanitation, which provides pest control pest control ncontrol m de plagas

pest control nlutte f contre les nuisibles

pest control pest n
 and sanitation maintenance and protection services for offices and public facilities. The Environmental Resources Development Division provides industrial waste management solutions and recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment.  services. This division positions Sanix as a leading provider of environmental services to society, which is becoming increasingly concerned about the health of the environment. Sanix's long experience in industrial waste management means the company is poised to take the lead in this new field.

Source: Sanix Incorporated

Contact:
Kozo Inoue
Managing Director
Administration Department
Management and Planning Division
TEL: 81-92-436-8870
FAX: 81-92-436-8871


Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Geographic Code:9JAPA
Date:Aug 9, 2006
Words:486
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