Air Water Inc.
Stock Price Chart
2026/06/05 UpdatedPrice Trend
2026/06/05 UpdatedPrice & Trading Details
2026/06/05 UpdatedPRICE
TRADING
Analyst Recommendations 4 analysts
Updated 2026/06/05Earnings Calendar
Updated 2026/06/05Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2024/02/08 | ¥55.90 | ¥60.27 | +7.8% |
| 2022/05/11 | ¥39.20 | ¥48.88 | +24.7% |
| 2020/02/13 | ¥48.50 | ¥54.68 | +12.7% |
| 2019/02/13 | ¥40.40 | ¥35.98 | -10.9% |
Shareholder Composition
Updated 2026/06/05Major Holders
Updated 2026/06/05| Institution | Ownership | Shares | Change |
|---|---|---|---|
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
2.8M | +0.90% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
1.7M | +2.25% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
1.3M | +3.21% | |
|
MFS Series Trust V-MFS International New Discovery Fund
|
884.5K | 0.00% | |
|
iShares Trust-iShares MSCI EAFE Small-Cap ETF
|
725.8K | -0.25% | |
|
DFA INVESTMENT DIMENSIONS GROUP INC-Intl Core Eqy. 2 PORT.
|
682.6K | +20.75% |
Dividend History
Updated 2026/06/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥38 | -53.4% |
| 2025 | ¥81 | +22.0% |
| 2024 | ¥66 | +6.5% |
| 2023 | ¥62 | +8.8% |
| 2022 | ¥57 | - |
Financial Performance
2026/06/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥888,668M | ¥1,004,914M | ¥1,024,540M | ¥1,075,929M |
| Gross Profit | ¥199,112M | ¥200,084M | ¥220,268M | ¥231,529M |
| Operating Income | ¥63,231M | ¥59,679M | ¥66,216M | ¥70,981M |
| Pretax Income | ¥66,544M | ¥64,231M | ¥71,150M | ¥79,329M |
| Net Income | ¥43,214M | ¥40,137M | ¥44,360M | ¥49,074M |
| EPS | ¥190.86 | ¥176.66 | ¥194.52 | - |
| Operating Margin | 7.12% | 5.94% | 6.46% | 6.60% |
| Balance Sheet | ||||
| Total Assets | ¥1,022,031M | ¥1,091,645M | ¥1,222,696M | ¥1,250,149M |
| Total Equity | ¥395,131M | ¥430,232M | ¥488,557M | ¥517,139M |
| Total Liabilities | ¥626,900M | ¥661,413M | ¥734,139M | ¥733,010M |
| Cash | ¥59,554M | ¥65,944M | ¥64,975M | ¥70,609M |
| Interest-bearing Debt | ¥346,500M | ¥366,725M | ¥418,719M | ¥418,228M |
| Equity Ratio | 38.66% | 39.41% | 39.96% | 41.37% |
| D/E Ratio | 0.88 | 0.85 | 0.86 | 0.81 |
| Cash Flow | ||||
| Operating CF | ¥71,572M | ¥56,953M | ¥79,625M | ¥93,236M |
| Investing CF | -¥53,154M | -¥71,135M | -¥97,966M | -¥62,166M |
| Financing CF | -¥6,622M | ¥19,257M | ¥14,723M | -¥27,335M |
| Free CF | ¥25,237M | -¥9,716M | ¥13,157M | ¥22,097M |
| Efficiency | ||||
| ROE | 10.94% | 9.33% | 9.08% | 9.49% |
| ROA | 4.23% | 3.68% | 3.63% | 3.93% |
Latest IR Information
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Notice of the 26th Annual General Meeting of Shareholders | June 29, 2026
Air Water plans to hold the 26th Annual General Meeting of Shareholders on June 29, 2026. The financial report is expected to be postponed to a continuation meeting due to accounting irregularities.
Read more -
[Air Water] Dividend Increased to 37.5 Yen | Fiscal Year Ending March 2026
Air Water announced that the year-end dividend for the fiscal year ending March 2026 has been set at 37.50 yen, totaling an annual dividend of 75 yen. The dividends are sourced from retained earnings, emphasizing sustainable shareholder returns.
Read more -
[Air Water] Formulation of Improvement Plan and Strengthening Governance | May 2026
Air Water was designated as a Special Attention Stock in May 2026 and is currently formulating an internal management system and governance improvement plan. The company is working on recurrence prevention measures and corporate culture reform.
Read more -
【Air Water】Management Restructuring and Director Changes|May 2026
Air Water announced organizational restructuring and director changes effective June 29, 2026. Some corrections were made to the previous candidate information. Details involve executive personnel and organizational reorganization.
Read more -
[Air Water] Review of Management Structure and Executive Changes | May 2026
Air Water will implement changes in executives and auditors and organizational restructuring effective June 29, 2026, to strengthen internal control systems and improve governance.
Read more
Latest News (5 items)
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Average Analyst Rating: hold
Average Target Price: ¥2,577
Rating Score: 2.67 (Based on 4 analysts)
※1=Strong Buy, 5=Strong Sell
Company Information
About
Air Water Inc. engages in manufacturing selling products and services related to industrial gas, chemical, medical, energy, agriculture and food products, logistics, seawater, and other businesses in Japan. It operates through the Digital & Industry, Energy Solutions, Health & Safety, Agriculture & Foods, and Other Business segments. The Digital & Industry segment manufactures and sells industrial gases including oxygen, nitrogen, argon, carbon dioxide, and hydrogen, and electronic and functional materials. Its Energy Solutions segment is involved in the sale of LP gas and kerosene, as well as the manufacture and sale of liquid nitrogen gas-related equipment. The Health & Safety segment offers oxygen and other medical gases, dental and hygiene materials, hypodermic needles, and aerosol products, as well as hospital facility construction, hospital services, and home medical care services. Its Agriculture & Foods segment is involved in the process and distribution of vegetables and fruits; manufacture and sale of frozen food and processed meat products; and operation of contract manufacture of soft drinks. The Other Business segment consists of logistics services for general cargo, food, medical supplies, and environmental products; manufacture and sale of commercial use salt; supply of high-output uninterruptible power sources; and a woody biomass power generation business. It also engages in the operation and maintenance of high-pressure gas production plants; metal surface hardening treatment services; and design and manufacture of robot systems, jigs, and tools. It also manufactures and sells industrial rubber products and resin products; precision polishing pads and artificial leather; magnesium oxide, fused magnesia, magnesium hydroxide, and ceramic products; electrothermal magnesia; and rubber molded products. The company also designs, manufactures, and sells dental care products. The company was incorporated in 1929 and is headquartered in Osaka, Japan.