Komori
Sanix Holdings (4651) · InitiativeReframed

Rebuilding the SE Business Division to an Appropriate Scale

First written in FY2016. 21 of 33 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026-H1.

33entries
10years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2017-Q1 – FY2019-Q1AdvancedFY2020-Q1 – FY2021-Q1AdvancedFY2023-Q3 – FY20242016: 320162017: 420172018: 420182019: 420192020: 420202021: 420212022: 420222023: 320232024: 220242025: 12025
Same theme, other companies

Sanix Holdings moved to the "Worse" side of this theme in 2025.

0 other companies' latest entry also says "Reframed".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1ReframedAnnual report

    「In addition, from the current fiscal year, we integrated the HS and SE businesses to address diverse needs related to residential environments and have operated the combined HSE business with a new focus on maintenance and renovation of detached houses.」

    The previous approach of independently adjusting the SE business to an appropriate scale was changed to a structure in which the integrated HSE business with HS promotes maintenance and renovation of detached houses.
  2. FY2024AdvancedAnnual report

    「In addition, rather than operating the SE business on a standalone basis, we will coordinate it with the HS business and reposition it from the installation of equipment for solar power generation at detached houses to maintenance and renovation of detached houses.」

    The restructuring policy for the SE business set out concrete measures to shift its positioning from standalone installation of solar power equipment at detached houses to maintenance and renovation of detached houses in coordination with the HS business.
  3. FY2024-Q3AdvancedAnnual report

    「In the SE business division, which was launched in the previous fiscal year, we focused on selling solar power generation systems and other products for detached houses. Although battery storage sales and replacement work for power conditioners at existing solar power generation systems increased year on year, sales temporarily declined as personnel were allocated to developing business partners. As a result, net sales were ¥948 million, down 26.1% year on year.」

    In the SE business for detached houses, battery storage sales and replacement work for power conditioners at existing facilities increased, and personnel were also allocated to developing business partners. Net sales declined 26.1% year on year.
  4. FY2024-Q2AdvancedAnnual report

    「In the SE business division, which was launched in the previous fiscal year, we focused on selling solar power generation systems and other products for detached houses. Although battery storage sales and replacement work for power conditioners at existing solar power generation systems increased year on year, sales temporarily declined as personnel were allocated to developing business partners. As a result, net sales were ¥594 million, down 25.0% year on year.」

    In the SE business for detached houses, battery storage sales and replacement work for power conditioners at existing facilities increased, and personnel were also allocated to developing business partners. However, net sales declined 25.0% year on year.
  5. FY2024-Q1AdvancedAnnual report

    「In the SE business division, which was launched in the previous fiscal year, we focused on selling solar power generation systems and other products for detached houses. Although battery storage sales increased year on year, the number of completed solar power generation system projects declined. As a result, net sales were ¥292 million, down 27.1% year on year.」

    In the new SE business division specializing in detached houses, battery storage sales increased, but the decline in completed solar power generation system projects resulted in a 27.1% year-on-year decline in net sales.
  6. FY2023-Q3AdvancedAnnual report

    「Following organizational restructuring in June 2022, the SE business division was launched as a new business division focused on selling solar power generation systems for detached houses and performed as expected. As a result, net sales were ¥1,283 million. Following the same restructuring, the PV business division established a sales structure specializing in solar power generation systems for companies and corporate customers and focused on construction and maintenance of solar power generation systems and wholesale sales of solar equipment. As a result, net sales were ¥5,696 million.」

    Following the reorganization of the solar business into new SE for detached houses and PV for corporate customers, nine-month cumulative net sales were ¥1,283 million for new SE and ¥5,696 million for PV.
  7. FY2023-Q2RestatedAnnual report

    「Following organizational restructuring in June 2022, the SE business division was newly launched as a business division focused on selling solar power generation systems for detached houses. As a result, net sales were ¥791 million. Operating results were an operating loss of ¥100 million, partly due to the costs associated with launching the new business division.」

    We continued restructuring centered on the new SE business division for detached houses. Net sales for the six-month period were ¥791 million, and the operating loss was ¥100 million.
  8. FY2023-Q1ReframedAnnual report

    「From the nine-month period ended the first quarter, we newly launched a business division focused on selling solar power generation systems for detached houses. In the PV business division, organizational restructuring during the nine-month period ended the first quarter established a sales structure specializing in solar power generation systems for companies and corporate customers. The division focused on construction and maintenance of solar power generation systems and wholesale sales of solar equipment, and sales remained in line with plan.」

    The business was restructured from the previous structure, which handled the SE business as an integrated unit, into a structure comprising the new SE business division for detached houses and the PV business division for corporate customers. Net sales were ¥401 million for new SE and ¥1,691 million for PV.
  9. FY2022Full-year revenue declined despite the focus on surplus-power and self-consumption applications.Annual report

    「The SE business division was affected by a decline in investment-oriented commercial projects following revisions to the FIT scheme. Although it focused on solar power generation systems for surplus-power and self-consumption applications and small-scale projects for residential use and other applications increased, revenue declined 17.9% year on year. As a result, net sales were ¥8,780 million, down 17.0% year on year.」

    As a response to revisions to the FIT scheme, we focused on surplus-power and self-consumption applications and small-scale projects. However, solar power generation system revenue declined 17.9% and SE business division net sales declined 17.0%.
  10. FY2022-Q3Revenue declined as the business focused on surplus-power and self-consumption projects but shifted toward smaller projects.Annual report

    「In the SE business division, solar power generation system revenue was affected by a decline in investment-oriented projects following revisions to the FIT scheme. Although we focused on solar power generation systems for surplus-power and self-consumption applications and the number of installations remained at the previous fiscal year's level, revenue declined 19.0% year on year because many projects were small-scale. As a result, net sales were ¥6,223 million, down 19.2% year on year.」

    The SE business focused on systems for surplus-power and self-consumption applications, keeping the number of installations at the previous fiscal year's level. However, many projects were small-scale, resulting in a 19.0% year-on-year decline in solar power generation system revenue and a 19.2% decline in net sales.
  11. FY2022-Q2SE construction and sales declined as revisions to the FIT scheme reduced investment projects.Annual report

    「In the SE business division, solar power generation system revenue was affected by a decline in investment-oriented projects following revisions to the FIT scheme. FIT-eligible construction declined 28.5% year on year, and net sales were ¥3,828 million, down 29.1% year on year.」

    As the SE business continued to be adjusted to an appropriate scale and rebuilt, revisions to the FIT scheme reduced investment-oriented projects and FIT-eligible construction, and net sales declined 29.1% year on year.
  12. FY2022-Q1SE construction declined due to revisions to the FIT scheme and lower purchase prices.Annual report

    「In the SE business division, solar power generation system revenue was affected by revisions to the FIT scheme and lower purchase prices. FIT-eligible construction declined 40.5% year on year. As a result, net sales were ¥1,798 million, down 40.6% year on year.」

    As the SE business continued to be adjusted to an appropriate scale and rebuilt, FIT-eligible construction declined 40.5% year on year and net sales declined 40.6%.
  13. FY2021AdvancedAnnual report

    「In response to revisions to the FIT scheme, the SE business division began selling solar power generation systems for self-consumption during the current fiscal year to develop new markets. However, construction of solar power generation systems with land included, which had performed well in the previous fiscal year, declined. As a result, solar power generation system revenue fell 30.5% year on year, and net sales were ¥10,584 million, down 30.3% year on year.」

    As a response to revisions to the FIT scheme, we began sales for self-consumption, giving concrete form to the restructuring of the SE business. However, the decline in construction of solar power generation systems with land included could not be offset, and full-year net sales declined 30.3%.
  14. FY2021-Q3AdvancedAnnual report

    「In response to revisions to the FIT scheme, the SE business division began selling solar power generation systems for self-consumption during the current fiscal year to develop new markets, anticipating a decline in construction of solar power generation systems with land included, which had performed well in the previous fiscal year. However, progress has fallen short of plan, partly due to the spread of COVID-19. We therefore focused on securing small-scale projects, and the number of installations for surplus-power projects increased 131.5% year on year. As a result, net sales were ¥7,706 million, down 21.9% year on year.」

    In the SE business, we began sales for self-consumption and focused on securing small-scale and surplus-power projects. Although the number of installations for surplus-power projects increased 131.5% year on year, sales for self-consumption fell short of plan, and net sales declined 21.9%.
  15. FY2021-Q2Existing projects with land included remained strong, but delays in sales efforts for new projects led to lower revenue.Annual report

    「Although construction of solar power generation systems with land included, which had continued from the previous fiscal year, remained strong, sales efforts for new projects in the SE business division were delayed partly due to the spread of COVID-19, resulting in lower solar power generation system revenue. As a result, net sales were ¥5,399 million, down 3.7% year on year.」

    Although continuing projects involving solar power generation systems with land included performed well, delays in sales efforts for new projects due to the spread of COVID-19 resulted in lower SE business net sales.
  16. FY2021-Q1AdvancedAnnual report

    「Construction of solar power generation systems with land included remained strong, as in the previous fiscal year, resulting in higher solar power generation system revenue. As a result, net sales were ¥3,024 million, up 28.4% year on year.」

    In the SE business, construction of solar power generation systems with land included remained strong, and net sales increased 28.4% year on year.
  17. FY2020AdvancedAnnual report

    「We also promoted new sales methods, including revising selling prices in response to lower FIT prices and selling solar power generation systems with land included to investors who do not own land. As a result, solar power generation system revenue increased 8.4% year on year, and net sales were ¥15,195 million, up 5.3% year on year.」

    To address the shrinking market, we revised selling prices and promoted the new sales method of offering solar power generation systems with land included. SE business net sales increased for the full fiscal year.
  18. FY2020-Q3AdvancedAnnual report

    「As the pace of contraction in the solar power market gradually slowed, we promoted sales of solar power generation systems with land included as a new sales method. As a result, solar power generation system revenue increased 4.8% year on year, and net sales were ¥9,869 million, up 2.1% year on year.」

    In the SE business, we promoted sales of solar power generation systems with land included as a new sales method, resulting in year-on-year increases in solar power generation system revenue and business net sales. The business reconstruction following the adjustment to an appropriate scale is being supplemented by new sales methods.
  19. FY2020-Q2AdvancedAnnual report

    「Although the pace of contraction in the solar power market is gradually slowing, solar power generation system revenue declined due to the impact of revising selling prices in response to lower FIT prices and other factors. As a result, net sales were ¥5,606 million, down 5.7% year on year. Although sales declined, progress in reducing expenses through personnel transfers to the HS business division and other measures, as well as reducing material costs, resulted in operating income of ¥298 million, up 439.4% year on year.」

    SE business net sales declined due to the impact of revised selling prices, while operating income increased to ¥298 million through personnel transfers to HS, expense reductions and lower material costs, indicating continued profitability improvement following the restructuring.
  20. FY2020-Q1AdvancedAnnual report

    「Although the pace of contraction in the solar power market is gradually slowing, solar power generation system revenue declined due to the impact of revising selling prices in response to lower FIT prices. As a result, net sales were ¥2,355 million, down 15.3% year on year. Although the decline in sales had a significant impact on operating results, operating income was ¥20 million, compared with an operating loss of ¥88 million in the same period of the previous year, owing to progress in reducing expenses through personnel transfers to the HS business division and other measures, as well as reducing material costs.」

    We revised selling prices in response to lower FIT prices. Although SE business net sales declined, cost reductions from personnel transfers and lower material costs returned the business to operating profitability.
  21. FY2019RestatedAnnual report

    「In the solar power generation business (SE business), we will establish a personnel structure suited to market conditions, improve productivity and efficiency, and continue reducing costs for components such as modules and power conditioners.」

    We continued the policy of adjusting the SE business to an appropriate scale and improving profitability through a personnel structure suited to market conditions, higher productivity and efficiency, and reductions in component costs.
  22. FY2019-Q3RestatedAnnual report

    「In line with the Medium-Term Management Plan (fiscal 2016–fiscal 2018), formulated against the backdrop of the business environment surrounding the solar power generation market, the Group pursued fundamental management rationalization. In the previous fiscal year, we newly established the SE, HS and ES Business Headquarters and shifted to a structure enabling effective sales and efficient construction through coordination among the 3 businesses. During the first quarter, personnel were also transferred from the SE business division to the HS and ES business divisions to optimize staffing.」

    We continued management rationalization under the medium-term management plan, coordination among SE, HS and ES, and personnel transfers from SE to HS and ES.
  23. FY2019-Q2RestatedAnnual report

    「In line with the Medium-Term Management Plan (fiscal 2016–fiscal 2018), formulated against the backdrop of the business environment surrounding the solar power generation market, the Group pursued fundamental management rationalization. In the previous fiscal year, we newly established the SE, HS and ES Business Headquarters and shifted to a structure enabling effective sales and efficient construction through coordination among the 3 businesses. During the first quarter, personnel were also transferred from the SE business division to the HS and ES business divisions to optimize staffing.」

    We continued management rationalization under the medium-term management plan, coordination among SE, HS and ES, and personnel transfers from SE to HS and ES.
  24. FY2019-Q1AdvancedAnnual report

    「In the previous fiscal year, we newly established the SE, HS and ES Business Headquarters and shifted to a structure enabling effective sales and efficient construction through coordination among the SE, HS and ES businesses. During the nine-month period ended the first quarter, we further optimized personnel through transfers from the SE business division to the HS and ES business divisions.」

    During the first quarter, we also transferred personnel from SE to HS and ES, continuing to adjust the SE business to an appropriate scale and reallocate resources among the 3 businesses.
  25. FY2018AdvancedAnnual report

    「Sanix Engineering Co., Ltd. was dissolved through an absorption-type merger effective 1 April 2018, with the Company as the surviving entity.」

    As part of the restructuring of the SE business, an organizational restructuring was implemented through the absorption merger of the consolidated subsidiary Sanix Engineering effective 1 April 2018.
  26. FY2018-Q3AdvancedAnnual report

    「In response to the amended FIT Act, we expanded the maintenance business, including the installation of ancillary equipment. However, the impact of the shrinking market for industrial solar power generation was significant, and the number of installations of these systems declined substantially. Revenue from the installation of solar power generation systems decreased 31.0% year on year.」

    In the SE business, we continued to expand the maintenance business, including the installation of ancillary equipment, in addition to reducing the scale of construction, and continued to rebuild the business amid a shrinking market.
  27. FY2018-Q2AdvancedAnnual report

    「In response to the amended FIT Act, we focused on the maintenance business, including the installation of ancillary equipment. However, the impact of the shrinking market for industrial solar power generation was significant, and the number of installations of these systems declined. Revenue from the installation of solar power generation systems decreased 27.4% year on year.」

    In the SE business, in addition to the previous reduction in construction scale, we clearly indicated our focus on the maintenance business, including the installation of ancillary equipment, in response to the amended FIT Act. Construction revenue declined 27.4% year on year.
  28. FY2018-Q1AdvancedAnnual report

    「In the fiscal year under review, the second year of the medium-term management plan, we newly established the SE, HS and ES Business Headquarters and reorganized the company into a cross-functional structure so that the SE, HS and ES businesses, which share the same sales locations, could coordinate with one another to achieve effective sales and efficient construction. In addition, some personnel were transferred from the SE business division to the HS and ES business divisions to ensure the appropriate allocation of personnel.」

    As part of adjusting the SE business to an appropriate scale, personnel were transferred from SE to HS and ES. SE net sales declined to ¥4,500 million, while operating income was ¥442 million.
  29. FY2017AdvancedAnnual report

    「In the solar power generation business (SE business), we will enhance productivity and efficiency by establishing a personnel structure suited to the scale of the business in light of market conditions, while pursuing cost reductions for components such as modules and power conditioners to improve profitability.」

    We continued to outline a personnel structure suited to the appropriate scale and reductions in component costs. While SE business net sales declined to ¥26,225 million, operating income was ¥1,669 million.
  30. FY2017-Q3AdvancedAnnual report

    「During the nine-month period ended the third quarter, we recruited voluntary retirees and steadily implemented measures including the consolidation and closure of stores and the downsizing of the logistics and production divisions, with the aim of establishing an appropriate business scale.」

    In response to the shrinking SE business market, we continued to adjust operations to an appropriate scale by consolidating and closing stores and downsizing the logistics and production divisions. The SE business recorded net sales of ¥18,597 million and operating income of ¥1,247 million.
  31. FY2017-Q2AdvancedAnnual report

    「During the second quarter of the fiscal year under review, 善日(嘉善)能源科技有限公司 was newly established and made a consolidated subsidiary in connection with the relocation of a solar module manufacturing site.」

    In connection with restructuring the SE business to an appropriate scale, the solar module manufacturing site was relocated and a new company was established and made a consolidated subsidiary as of 12 August 2016.
  32. FY2017-Q1AdvancedAnnual report

    「The SE division will be downsized to an appropriate scale based on a rational analysis of the external environment, the HS and ES divisions will be rebuilt, and the Environmental Resources Development division will pursue further efficiency gains.」

    The SE business is being downsized to an appropriate scale through specific measures including the consolidation and closure of stores, reductions in the logistics and production divisions, and the closure of 1 logistics center.
  33. FY2016First statedAnnual report

    「In the solar power generation business, the company will improve profitability by restructuring the business to a scale suited to the market environment.」

    In response to changes in the solar power generation market, the company plans to improve profitability by downsizing and restructuring the SE business.
Moved together

"Sustainable profitability and a 10% operating margin" moved the same way as this thread, in the same document, in 17 of its 33 moves.

171714121110★123456
  1. ★This thread
  2. 1Sustainable profitability and a 10% operating margin17×
  3. 2Turnaround and expansion of the HS and ES divisions17×
  4. 3Improving Cash Flow and Reducing Interest-Bearing Debt14×
  5. 4SE Business Segment Turns Profitable12×
  6. 5Thorough Cost Reduction and Fixed-Cost Compression11×
  7. 6Initiatives for Clean Energy and a Circular Economy10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Sanix Holdings yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Rebuilding the SE Business Division to an Appropriate Scale | SANIX HOLDINGS INCORPORATED (4651) | Komori