Overview
Services

SANIX HOLDINGS INCORPORATED

Sannix Holdings is a diversified environmental services group operating across three core segments: residential and commercial environmental sanitation (including termite control, ventilation systems, and anti-corrosion equipment); solar energy systems sales, installation, and retail electricity supply for households and corporations; and resource-recycling power generation using industrial waste-derived plastic fuel, along with organic wastewater recycling into compost and recycled fuel. The group serves a broad customer base spanning individual homeowners, commercial buildings, restaurants, and industrial clients primarily in Japan.

Market Cap
¥10.8B
US$68.5M
EV
¥18.5B
US$118M
Stock¥225▼-0.88%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
4.8
x
LTM EV/EBIT
9.5
x
LTM PER
9.1
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-21.0%pt
1001234
Oct 23, 25 – Oct 23, 26StockTOPIX
1Nov 5, 25Interim earnings & downward revision
2Feb 12, 26Upward earnings forecast revision
3Feb 17, 26Quarterly earnings release & profit decline
4Aug 18, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
10.8BUS$68.5MMarket Cap13.0BUS$82.6M+ Debt5.04BUS$32.1M− Cash0.21BUS$1.33M− Inv. Sec.18.5BUS$118MEV
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Performance & Balance
Revenue 5Y (¥B)
50.9US$324M'22/346.3US$295M'23/347.2US$300M'24/345.4US$289M'25/345.3US$288M'26/3
EBITDA 5Y (¥B)
-1.11-US$7.06M'22/33.67US$23.4M'23/35.40US$34.4M'24/33.93US$25.0M'25/33.15US$20.1M'26/3
Net Income 5Y (¥B)
-3.45-US$22.0M'22/31.33US$8.48M'23/32.70US$17.2M'24/31.48US$9.44M'25/30.42US$2.68M'26/3
Capital Structure
46%
54%
EquityD/E 1.19xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
4.02US$25.6M15.1US$95.9M'22/34.65US$29.6M12.2US$77.5M'23/36.63US$42.2M11.4US$72.7M'24/34.98US$31.7M10.7US$68.0M'25/34.91US$31.3M12.6US$80.2M'26/3
Shareholders
Top 10 hold 62.1%
1
Bion Co., Ltd.
18.23%
2
Hiroshi MUNEMASA
13.50%
3
UH5 Co., Ltd.
7.49%
4
UH Partners 2 Co., Ltd.
6.86%
5
The Master Trust Bank of Japan, Ltd. (Trust Account)
4.65%
6
Sanix Mutual Aid Association (General Incorporated Association)
3.55%
7
SANIX HOLDINGS INCORPORATED Employee Stock Ownership Association
2.69%
8
FTGroup CO.,LTD.
2.19%
9
SBI SECURITIES Co., Ltd.
1.81%
10
The Nishi-Nippon City Bank, Ltd.
1.12%
Management
8 officers
Toshihiko MORIGUCHI
Director
Apr 1988 Joined World Co., Ltd. Feb 2010 Deputy General Manager, Corporate Strategy Office, Takisada Osaka Co., Ltd. Feb 2011 Executive Officer, General Manager of Corporate Strategy Division and CIO, Takisada Osaka Co., Ltd. Jun 2011 Outside Director, Sorairo Co., Ltd. Mar 2017 Representative Director, Olive de Olive Co., Ltd. (subsidiary of Takisada Osaka Co., Ltd.) Aug 2017 General Manager, Business Development Department, Shinmei Holdings Co., Ltd. Apr 2018 Executive Officer, General Manager of Information Systems Department, Tokaosaka Co., Ltd. (subsidiary of Shinmei Holdings Co., Ltd.) Jun 2019 Director, General Manager of Administration Division, Tokaosaka Co., Ltd. Jun 2020 Managing Director, General Manager of Administration Division, Tokaosaka Co., Ltd. Jun 2022 Director, General Manager of Corporate Planning Division and General Manager of Information Systems Department, Shinmei Holdings Co., Ltd. Mar 2024 General Manager, Corporate Planning Department, Sanix Incorporated Apr 2025 General Manager, Group Management Division, Sanix Incorporated Jun 2025 Executive Officer, General Manager, Group Management Division, Sanix Incorporated May 2026 Executive Officer, General Manager, Corporate Planning Division, Sanix Incorporated (current)
1965-07-01
Hiroshi MUNEMASA
Representative Director
Michimasa MASUDA
Director
Masaki TSURUGA
Director
Sep 1996 Joined Doutor Coffee Co., Ltd. Apr 2007 Manager, President's Office, Doutor Coffee Co., Ltd. Apr 2008 General Manager, Resort Hotel Olivian Shodoshima, Nacua Hotels & Resorts Management Co., Ltd. Jul 2010 Representative Director, Quaria Management Partners Co., Ltd. Dec 2017 Deputy General Manager, New Business Division, Latham Co., Ltd. Jul 2019 Deputy General Manager, New Business Division, Latham Co., Ltd., and Representative Director, WeBase Co., Ltd. Jun 2024 Executive Officer, General Manager, Corporate Planning Division, Sanix Incorporated Apr 2025 Executive Officer, General Manager, Group Management Division, General Manager, Business Development Department and Office of the President, Sanix Incorporated May 2026 Executive Officer, General Manager, Strategy Promotion Division, General Manager, Business Development Department and Office of the President, Sanix Incorporated (current)
1970-04-20
Keiichi SHIOBARA
Outside Director
Kenji KANEKO
Director (Full-time) (Audit and Supervisory Committee Member)
Naomiki KANEKO
Outside Director (Audit and Supervisory Committee Member)
Sadahito BABA
Outside Director (Audit and Supervisory Committee Member)
Large Shareholding Reports
UH5 Co., Ltd.
2026-04-07
7.32%→7.32%
Annual report (as of 2026-03-31): 7.49%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-17
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-04-07
Large Shareholding Report
TDnet
2026-02-16
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Sep 2025
TDnet
2025-08-13
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-25
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-14
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-14
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-29
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-14
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-16
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-15
Quarterly Securities Report
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