Sanix Inc. reported consolidated earnings results for the fiscal year ended March 31, 2012. For the year, the company reported net sales of JPY 31,454.477 million compared to JPY 28,979.773 million a year ago. Operating income was JPY 409.869 million compared to JPY 501.842 million a year ago. Recurring profit was JPY 347 million compared to JPY 430 million a year ago. Income before income taxes and minority interests was JPY 341.474 million against JPY 352.086 million a year ago. Net income was JPY 13.944 million compared to JPY 49.528 million a year ago. Net income per share was JPY 0.29 against JPY 1.04 a year ago. Return on equity was 0.2% compared to 0.7% a year ago. Cash flows from operating activities were JPY 1,260.145 million compared to JPY 54.889 million a year ago. Purchase of property, plant and equipment was JPY 92.949 million compared to JPY 175.905 million a year ago. Net cash provided by operating activities was increased mainly due to increase in notes and accounts payable-trade of JPY 518 million and increase in other current liabilities of JPY 970 million, despite income before income taxes of JPY 352 million, despite increase in notes and accounts receivable-trade of JPY 465 million and increase in inventories of JPY 425 million, and non-cash outflow items such as depreciation and amortization expenses of JPY 371 million and amortization of goodwill of JPY 112 million were included. For the first half of fiscal year ending March 31, 2012, the company expects its net sales of JPY 18,940 million, operating income of JPY 635 million, recurring profit of JPY 615 million and net income of JPY 540 million or JPY 11.32 per share. For the full year of fiscal year ending March 31, 2012, the company expects its net sales of JPY 38,000 million, operating income of JPY 2,000 million, recurring profit of JPY 1,970 million and net income of JPY 1,820 million or JPY 38.15 per share.