May 7, 2015
Notice Regarding Implementing voluntary retirement programand Elimination and consolidation of business sites
SANIX Incorporated (Ticker:4651,TSE/FSE, President & CEO: Shin-ichi Munemasa) announces Implementing
voluntary retirement program and Elimination and consolidation of business sites .
1.

Implementing voluntary retirement program(1) Reason for implementing of voluntary retirement

The Company has been taking steps to improve its revenue structure in the Solar Engineering (SE) Division
by strengthening operations in the Kanto, Kansai and Chubu districts, where the market potential is large,
while also considering an appropriate workforce for the Kyushu and Shikoku districts and reducing overall
fixed expenses. The Company is doing so to enable it to respond, in a timely and proper fashion, to thesignificant changes in the operating environments of the solar power generation business, attributable tosuch factors as the issue pertaining to connecting renewable energy to the utility grid. Under such situations,the Company considers it essential to step up its efforts to streamline its operations to adapt to the businessenvironments surrounding the solar power generator business on a mid-term basis and to facilitatesustainable growth. Against a backdrop of such conditions, it has decided to solicit voluntary retirement toachieve workforce optimization in the SE Division.
(2) Overview of voluntary retirement program
Eligible employees: Technical and administrative staff in the SE Division
Number of program applicants sought: 600 (approximate)
Application period: May 14–29, 2015
Retirement date: June 22, 2015
Benefits for program participants: In addition to paying a special retirement allowance, the company
will provide re-employment support through an outsourcing consulting firm
2. Consolidation of shops(1) Reason for the consolidation
In the western Japan district, the SE Division operates 65 shops leveraging the network of shops managed
by the Home Sanitation (HS) Division. However, as part of operational streamlining and from the perspectiveof cost reduction, the Company has decided to integrate or close some of the shops.
(2) Outline of the consolidation
The SE Division will close a total of 20 offices in the western Japan district -- 11 of the 24 offices in theKyushu district, 3 of the 10 in the Chugoku district, 3 of the 9 in the Shikoku district, and 3 of the 16 in theKansai district, which will be integrated into sites in the neighboring regions respectively. The consolidation
will be completed by the end of June. As a result, the number of business sites operated by the SE Divisionin the western Japan district will be reduced from 65 (including six sites in the Chukyo district) to 45.
Of this 20 offices, the Company will terminate the rental contracts for 13, while 7 offices will continue
operating as facilities for the HS Division without terminating the rental contracts.
3. Future outlook
The Company plans to post expenses arising temporarily in conjunction with the solicitation of voluntary
retirement, such as extraordinary retirement benefits, as an extraordinary loss in the fiscal year endingMarch 31, 2016. Assuming approximately 600 retirees, it expects to post approximately 300 million yen.
Information will be shared about the concrete amount and impact on business performance as soon as they
are finalized.
The Company also plans to post approximately 300 million yen as an extraordinary loss in the fiscal year
ended March 31, 2015, which includes, among other cost, expenses that are incurred temporarily inconjunction with the consolidation of shops, as well as vehicle-related expenses arising from a decrease in
the number of vehicles associated with the measures to be implemented this time. The impact of expenses
associated with the consolidation of shops on consolidated results is reflected in the earnings forecasts forthe fiscal year ended March 31, 2015, disclosed separately today in the “Notice Regarding Revision toEarnings Forecasts”.
The Company expects that the measures it takes this time, such as the solicitation of voluntary retirementand the consolidation of shops, will generate cost saving effects after July 2015. The annualized cost
reduction is expected to be approximately 2,600 million yen for the fiscal year ending March 31, 2016. The
impact of the cost reduction on consolidated results will be reflected, together with the impact of expenses
arising from the solicitation of voluntary retirement, in the earnings forecast of the fiscal year ending March31, 2016, which will be announced in the financial summary to be released on May 13, 2015.

For more information, please contact to;
Kozo INOUE, Director, Managing Corporate OfficerGeneral Manager of Management & Planning Division