Service is in preparation Official β release coming soon. Some features are still being adjusted.

Investical Earnings & investing calendar Earnings & investing calendar
/
AAIR WATER INC. logo
4088TSE Prime

AIR WATER INC.

エア・ウォーター Yahoo Finance

Recent & upcoming events

Jun 28
Shareholder meeting Time TBD
Shareholders' meeting
Add to Google Calendar
Sep 27
Est.
Dividend Time TBD
Last day with rights (interim)
Add to Google Calendar
Sep 28
Est.
Ex-dividend Time TBD
Ex-rights date (interim)
Add to Google Calendar
2027
Mar 28
Est.
Dividend Time TBD
Last day with rights (year-end)
Add to Google Calendar
Mar 29
Est.
Ex-dividend Time TBD
Ex-rights date (year-end)
Add to Google Calendar

KPI highlights

FY26
Revenue ¥1.07T YoY -0.8%
Operating income ¥-37.16B margin -3.5%
Net income ¥-63.95B YoY -230.3%
EPS ¥-279 YoY -230.0%
P/E —
ROE -15.4% Equity ratio 32% Typical equity ratios vary a lot by industry. Banks, brokerages, and other financial companies tend to run lower ratios because leverage (using other people's capital) is core to their business model — a low ratio there isn't a sign of financial weakness.

Company guidance

FY2027/03 Company-issued full-year guidance (from earnings report) / %=vs prior FY
Revenue ¥1.14T +6.9%
Operating income ¥48.00B —
Net income ¥28.00B —
EPS ¥122 —

Quarterly fundamentals

Income & cash flow
Quarter FY23 Q2FY23 Q3FY23 Q4FY24 Q1FY24 Q2FY25 Q2
Revenue ¥230.04B¥246.94B¥267.69B¥279.87B——
Operating income ¥10.73B¥16.41B¥20.77B¥18.31B——
Net income ¥7.36B¥10.55B¥14.51B¥13.72B——
Operating CF ¥32.14B¥3.47B¥9.38B¥14.77B——

Ownership over time

Share of total shares outstanding (disclosed major holdings + undisclosed)（2021–2025）

事業法人 3%国内機関 26.7%個人 4.7%未開示 60.6%20212022202320242025
事業法人国内機関海外機関個人その他未開示・浮動株

「国内機関」は信託銀行の名義口座（年金・パッシブ・一部海外資本を含む）を集計し、実質保有者へは分解していません。分類は開示名称からの推定です。

Top shareholders — rank & share

日本マスタートラスト信託銀行株式会社 12.6%日本マスタートラスト信託銀行株式会社（信託口）株式会社日本カストディ銀行（信託口） 6%株式会社日本カストディ銀行（信託口）三井住友信託銀行株式会社 3.5%三井住友信託銀行株式会社日本製鉄株式会社 3%日本製鉄株式会社STATE STREET BANK 2.8%STATE STREET BANK AND TRUSTCOMPANY 505001（常任代理人株式会社みずほ銀行決済営業部）株式会社三井住友銀行 2.7%株式会社三井住友銀行エア・ウォーター取引先持株会 2.6%エア・ウォーター取引先持株会全国共済農業協同組合連合会 2.2%全国共済農業協同組合連合会エア・ウォーターグループ持株会 2.1%エア・ウォーターグループ持株会株式会社北洋銀行 2%株式会社北洋銀行20212022202320242025

Top shareholders — actual figures (as of 2025)

Holder Shares held Ratio Source
日本マスタートラスト信託銀行株式会社（信託口） 28,879,000 12.6% Yuho (EDINET)
株式会社日本カストディ銀行（信託口） 13,628,000 6.0% Yuho (EDINET)
三井住友信託銀行株式会社 7,936,000 3.5% Yuho (EDINET)
日本製鉄株式会社 6,900,000 3.0% Yuho (EDINET)
STATE STREET BANK AND TRUSTCOMPANY 505001 6,430,000 2.8% Yuho (EDINET)
株式会社三井住友銀行 6,259,000 2.7% Yuho (EDINET)
エア・ウォーター取引先持株会 5,997,000 2.6% Yuho (EDINET)
全国共済農業協同組合連合会 4,951,000 2.2% Yuho (EDINET)
エア・ウォーターグループ持株会 4,786,000 2.1% Yuho (EDINET)
株式会社北洋銀行 4,574,000 2.0% Yuho (EDINET)

Source：EDINET（大株主の状況）　Classification inferred from disclosed names

F-Score (Piotroski)

5/9

Checks financial health against 9 criteria and shows how many are met as a fraction (more ✓ marks is healthier). Items with no data are shown as “—” — they're simply excluded from judgment, not counted against the score.

✗ Positive ROA ROA -5.3%
✓ Positive operating cash flow ¥107.58B
✗ ROA improved YoY 3.9% → -5.3%
✓ Operating CF exceeds net income (accrual quality) OCF ¥107.58B / net income ¥-63.95B
✗ Equity ratio improved* Substitute for the original “decrease in long-term debt” 41.4% → 32.1%
✗ Current ratio improved 1.39× → 1.10×
✓ No dilution (shares outstanding did not increase) 229,755,000 → 229,755,000
✓ Gross margin improved 21.5% → 22.5%
✓ Asset turnover improved 0.86× → 0.88×

This score is reference information based on our own financial metrics. It is NOT a credit rating issued by a credit rating agency under Article 66-27 of the Financial Instruments and Exchange Act, and is NOT investment advice or a recommendation. Make investment decisions at your own responsibility.

Fact checklist

FY26
Equity ratio 32.1%
Current ratio 1.1×
Years of positive operating CF 10 of last 10 yrs
Payout ratio —
Latest fiscal year result Loss (net loss ¥63.95B)

Performance history

Last 10 years
0.0兆円0.3兆円0.5兆円0.8兆円1.1兆円 FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26

Income & assets

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
Revenue 6,7057,5368,0158,1428,0668,88710,04910,24510,75910,668
Operating income 413424436506512652622683752-372
Ordinary income 413447470452—————-514
Net income 223252265167274432401444491-639
Total assets 6,2916,9497,8308,8929,26810,22010,91612,22712,50112,163
Equity 2,8082,9463,0873,6383,5783,9514,3024,8865,1713,902

A “—” means data wasn't available for that period — it's not a display error or an unusual value.

Indicators & cash flow

Unit: ¥100M
Item FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26
EPS ¥115¥129¥135¥81¥121¥191¥177¥195¥215¥-279
ROE 9.1%9.4%9.3%5.3%7.9%11.5%9.7%9.7%9.8%-15.4%
Operating CF 5894785674007667165707969321,076
Investing CF -444-616-888-1,132-527-532-711-980-622-886
Financing CF -85.544.9409823-209-66.2193147-273-57.1
FCF 145-139-321-732239184-142-183311190

Source: EDINET (Annual Securities Report) (fetched 2026-08-29) *Some metrics supplemented from additional sources

Sector positioning

Relative standing within the sector

IR disclosure history

Timely disclosures & annual reports
Is this information incorrect?

Data provided by Twelve Data