Air Water Inc.
Stock Price Chart
2026/07/31 UpdatedPrice Trend
2026/07/31 UpdatedPrice & Trading Details
2026/07/31 UpdatedPRICE
TRADING
Analyst Recommendations 4 analysts
Updated 2026/08/01Earnings Calendar
Updated 2026/08/01Recent 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 2026/08/01Major Holders
Updated 2026/08/01| Institution | Ownership | Shares | Change |
|---|---|---|---|
|
VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund
|
2.8M | +0.07% | |
|
American Century ETF Trust-Avantis International Small Cap Value ETF
|
1.9M | +61.83% | |
|
VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund
|
1.8M | +1.13% | |
|
iShares Trust-iShares Core MSCI EAFE ETF
|
1.3M | 0.00% | |
|
MFS Series Trust V-MFS International New Discovery Fund
|
884.5K | 0.00% | |
|
iShares Trust-iShares MSCI EAFE Small-Cap ETF
|
701.5K | +0.59% |
Dividend History
Updated 2026/07/26| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥38 | -53.4% |
| 2025 | ¥81 | +22.0% |
| 2024 | ¥66 | +6.5% |
| 2023 | ¥62 | +8.8% |
| 2022 | ¥57 | - |
Financial Performance
2026/07/26 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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[Air Water] Strengthening Corporate Governance System and Establishing an Audit & Supervisory Committee | September 2026
Air Water plans to transition to a company with an Audit & Supervisory Committee in September 2026, aiming to strengthen corporate governance in response to past inappropriate accounting issues.
Read more -
[Air Water] Notice of Restatement of Past Fiscal Year Financial Results | July 2026
Air Water recognized improper accounting treatments related to inventory of its consolidated subsidiary in July 2025. After investigations and internal inspections, the company revised its past financial summaries and earnings reports, corrected its financial statements, and implemented measures to prevent...
Read more -
【Air Water】Notice of Extraordinary General Meeting of Shareholders|September 2026
Air Water will hold an extraordinary general meeting of shareholders on September 22, 2026, to initiate amendments to the Articles of Incorporation and transition to a company with an Audit & Supervisory Committee. The regular general meeting of shareholders will...
Read more -
Decision on Disclosure Date for Financial Summary for FY2026 Q3 | July 31, 2026
Air Water has set July 31, 2026, as the scheduled disclosure date for the FY2026 Q3 financial summary and annual financial results. The company apologizes for the delay and any inconvenience caused to stakeholders.
Read more -
Notice Regarding Share Buyback of Treasury Stock as Restricted Stock
Allocation of treasury stock disposed under the restricted stock remuneration system to directors, executive officers, and subsidiary directors. This is an in-kind allotment of shares against cash remuneration claims, totaling 100,465,170 yen for 37,698 shares. The restricted period is from...
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Latest News (5 items)
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Average Analyst Rating: none
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.