Air Water (4088.T) Stock Price

Air Water Price

🇯🇵JPX·CLOSED
2,440.00JPY
Market closed
Today +/-
Today %

Air Water (4088.T) Stock | ISIN JP3160670000 | WKN 864506. The current Air Water stock price is 2,440 JPY (2026). Revenue is 1.16 T JPY. Net income is 53.98 B JPY. The P/E ratio is 10.34. Market capitalization is 558.06 B JPY. Air Water operates in the Commodities sector.

Air Water stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Air Water over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Air Water stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Air Water's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Air Water Stock Price History
DateAir Water Price
Access this data via the Eulerpool API

Air Water Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
376.31 B JPY
20.41 B JPY
9.5 B JPY
Jan 1, 2007
404.65 B JPY
23.1 B JPY
11.88 B JPY
Jan 1, 2008
426.23 B JPY
25.58 B JPY
14.5 B JPY
Jan 1, 2009
448.77 B JPY
25.34 B JPY
12.68 B JPY
Jan 1, 2010
426.36 B JPY
28.2 B JPY
13.92 B JPY
Jan 1, 2011
471.81 B JPY
31.27 B JPY
11.68 B JPY
Jan 1, 2012
492.68 B JPY
31.67 B JPY
17.17 B JPY
Jan 1, 2013
540.02 B JPY
27.9 B JPY
18.37 B JPY
Jan 1, 2014
641.26 B JPY
35.08 B JPY
19.22 B JPY
Jan 1, 2015
660.54 B JPY
36.13 B JPY
20.7 B JPY
Jan 1, 2016
660.62 B JPY
39.52 B JPY
20.14 B JPY
Jan 1, 2017
670.54 B JPY
41.34 B JPY
22.34 B JPY
Jan 1, 2018
753.56 B JPY
42.4 B JPY
25.17 B JPY
Jan 1, 2019
742.29 B JPY
44.15 B JPY
28.82 B JPY
Jan 1, 2020
809.08 B JPY
47.83 B JPY
30.43 B JPY

Air Water Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 1:59 PM
 
REVENUE (M JPY)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M JPY)
NET INCOME (M JPY)
NET INCOME GROWTH (%)
DIV. (JPY)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Air Water generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Air Water retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Air Water's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Air Water has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Air Water's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Air Water stock margins

The Air Water margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Air Water. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Air Water.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
24.39 %
5.42 %
2.52 %
Jan 1, 2007
23.99 %
5.71 %
2.94 %
Jan 1, 2008
23.77 %
6 %
3.4 %
Jan 1, 2009
23.18 %
5.65 %
2.83 %
Jan 1, 2010
24.77 %
6.62 %
3.26 %
Jan 1, 2011
23.79 %
6.63 %
2.48 %
Jan 1, 2012
22.76 %
6.43 %
3.48 %
Jan 1, 2013
20.4 %
5.17 %
3.4 %
Jan 1, 2014
19.35 %
5.47 %
3 %
Jan 1, 2015
19.08 %
5.47 %
3.13 %
Jan 1, 2016
21.15 %
5.98 %
3.05 %
Jan 1, 2017
22.32 %
6.17 %
3.33 %
Jan 1, 2018
21.36 %
5.63 %
3.34 %
Jan 1, 2019
22.21 %
5.95 %
3.88 %
Jan 1, 2020
22.32 %
5.91 %
3.76 %

Air Water Stock Revenue, EBIT, Earnings per Share

The Air Water earnings per share therefore indicates how much revenue Air Water has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
2,150.32 JPY
116.65 JPY
54.27 JPY
Jan 1, 2007
2,211.21 JPY
126.22 JPY
64.9 JPY
Jan 1, 2008
2,316.45 JPY
139.02 JPY
78.82 JPY
Jan 1, 2009
2,425.79 JPY
136.97 JPY
68.54 JPY
Jan 1, 2010
2,131.79 JPY
141.02 JPY
69.58 JPY
Jan 1, 2011
2,394.97 JPY
158.73 JPY
59.29 JPY
Jan 1, 2012
2,513.67 JPY
161.59 JPY
87.59 JPY
Jan 1, 2013
2,755.18 JPY
142.33 JPY
93.7 JPY
Jan 1, 2014
3,271.71 JPY
178.96 JPY
98.06 JPY
Jan 1, 2015
3,366.47 JPY
184.12 JPY
105.51 JPY
Jan 1, 2016
3,361.86 JPY
201.13 JPY
102.49 JPY
Jan 1, 2017
3,431.15 JPY
211.54 JPY
114.3 JPY
Jan 1, 2018
3,853.12 JPY
216.79 JPY
128.72 JPY
Jan 1, 2019
3,788.34 JPY
225.34 JPY
147.06 JPY
Jan 1, 2020
3,913.8 JPY
231.35 JPY
147.2 JPY

Air Water business model & stock analysis

Air Water Inc. is a Japanese company that was founded in Osaka in 1937. It has since grown continuously and has become one of the leading gas manufacturers in Japan. The company's vision is to improve people's quality of life by producing and providing high-quality gases such as oxygen, nitrogen, and hydrogen. Air Water Inc.'s business model focuses on providing gases to various industries including manufacturing, electronics, chemicals, construction, food, and energy. The company also produces medical gases for hospitals and clinics and is able to develop customized solutions for individual customer needs. The company consists of three main divisions: the gas business, the energy business, and health, environment, and automation. The gas division produces and delivers a wide range of gases including oxygen, nitrogen, argon, carbon dioxide, hydrogen, and helium. The energy division is responsible for the development and operation of renewable energy sources such as solar and wind power and is working to make these sustainable energy forms more accessible to households and businesses. The health, environment, and automation division focuses on providing systems that minimize the environmental impact of industrial processes and produces products for the medical and pharmaceutical industries. Air Water Inc.'s product range includes a wide range of industrial gases such as argon, carbon dioxide, helium, nitrogen, oxygen, and hydrogen. There are also specialty gases for applications in the electronics and semiconductor industries, as well as for the production of solar cells and LED lights. The company also offers systems for the processing, storage, and transportation of gases, as well as high-pressure gas systems for harsh environments. For water treatment, Air Water Inc. offers ion exchange resins, filter materials, and chemical products. In addition, the company produces medical gases such as oxygen, nitrous oxide, and nitrogen oxide, as well as special gases for anesthesia and diagnostics. In recent years, Air Water Inc. has launched various initiatives and partnerships to achieve its sustainability goals and further develop its business model. The company has partnered with Tesla to offer solar panels and battery storage for Japanese households. It has also agreed to a partnership with a bioenergy company, JFE Engineering Corporation, for the development and marketing of hydrogen technology. The company is also committed to reducing CO2 emissions from its production process and relies on the use of renewable energy sources in its production. In summary, Air Water Inc. is a versatile company operating in multiple business fields to provide a wide range of gases and system solutions to customers in various industries. The company has a long history and has become one of the leading gas providers in Japan. Through its focus on sustainability and renewable energy sources, the company has demonstrated its willingness to invest in the future and develop innovative solutions for its customers.

Air Water SWOT Analysis

Strengths

Air Water Inc possesses several strengths that contribute to its competitive advantage and success in the market. These include a strong financial position, a diverse product portfolio, advanced technology and manufacturing capabilities, a well-established brand image, and a global presence.

Weaknesses

Air Water Inc also faces certain weaknesses that can potentially hinder its performance. These weaknesses include a high dependence on a limited number of key suppliers, vulnerability to economic fluctuations due to its exposure to multiple industries, and a complicated organizational structure that may impede decision-making processes.

Opportunities

Air Water Inc can leverage several opportunities to further enhance its growth prospects and market position. These opportunities include increasing global demand for environmentally friendly solutions, expanding into emerging markets, pursuing strategic partnerships and acquisitions, and investing in research and development to develop innovative products and technologies.

Threats

Air Water Inc also faces various external threats that could impact its business operations and profitability. These threats include intense competition from both domestic and international players, regulatory changes and compliance requirements, market volatility and economic uncertainty, and potential disruptions to the supply chain.

Air Water Eulerpool Fair Value

Air Water historical P/E ratio, EBIT multiple, and P/S ratio

Air Water annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Air Water shares outstanding

The number of shares was Air Water in 2025 — This indicates how many shares 228.713 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
175 M base_Shares
Jan 1, 2007
183 M base_Shares
Jan 1, 2008
184 M base_Shares
Jan 1, 2009
185 M base_Shares
Jan 1, 2010
200 M base_Shares
Jan 1, 2011
197 M base_Shares
Jan 1, 2012
196 M base_Shares
Jan 1, 2013
196 M base_Shares
Jan 1, 2014
196 M base_Shares
Jan 1, 2015
196.21 M base_Shares
Jan 1, 2016
196.51 M base_Shares
Jan 1, 2017
195.43 M base_Shares
Jan 1, 2018
195.57 M base_Shares
Jan 1, 2019
195.94 M base_Shares
Jan 1, 2020
206.73 M base_Shares

Air Water Dividend History

37 years of dividend payments · 9 consecutive increases

YearAnnual DividendYoY ChangePayments
202637.5JPYYTD
Mar 30, 202637.5JPY 0.0%1/1
202580.5JPY 22.0%
Mar 28, 202543JPY 34.4%1/2
Sep 29, 202537.5JPY 12.8%2/2
202466JPY 13.8%
202358JPY 1.8%
202257JPY 16.3%
202149JPY 6.5%
202046JPY 12.2%
201941JPY 2.5%
201840JPY 8.1%
201737JPY 32.1%

Air Water dividend history and estimates

In 2025, Air Water paid a dividend amounting to 80.5 JPY. Dividend means that Air Water distributes a portion of its profits to its owners.
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Dividend
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
23 JPY
0 JPY
Invalid Date
21 JPY
-3 JPY
Jan 1, 2008
23 JPY
0 JPY
Jan 1, 2009
22 JPY
0 JPY
Jan 1, 2010
22 JPY
0 JPY
Jan 1, 2011
22 JPY
0 JPY
Jan 1, 2012
22 JPY
0 JPY
Jan 1, 2013
25 JPY
0 JPY
Jan 1, 2014
27 JPY
0 JPY
Jan 1, 2015
29 JPY
0 JPY
Jan 1, 2016
28 JPY
0 JPY
Jan 1, 2017
37 JPY
0 JPY
Jan 1, 2018
40 JPY
0 JPY
Jan 1, 2019
41 JPY
0 JPY
Jan 1, 2020
46 JPY
0 JPY

Air Water dividend payout ratio

In 2025, Air Water had a payout ratio of 32.84%. The payout ratio indicates the percentage of the company's profits that Air Water distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
42.38 %
Jan 1, 2007
32.36 %
Jan 1, 2008
29.18 %
Jan 1, 2009
32.1 %
Jan 1, 2010
31.62 %
Jan 1, 2011
37.11 %
Jan 1, 2012
25.12 %
Jan 1, 2013
26.68 %
Jan 1, 2014
27.54 %
Jan 1, 2015
27.49 %
Jan 1, 2016
27.32 %
Jan 1, 2017
32.37 %
Jan 1, 2018
31.08 %
Jan 1, 2019
27.88 %
Jan 1, 2020
31.25 %
Price targets and forecasts for Air Water are not yet available.

Air Water Earnings Estimates

Air Water Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/8/202445.55JPY291.05 BJPY2024 Q4
2/6/202456.46JPY273.04 BJPY2024 Q3
5/12/202239.59JPY243.08 BJPY2022 Q4
8/5/2021-JPY205.03 BJPY2022 Q1
5/12/2021-JPY230.35 BJPY2021 Q4
2/10/2021-JPY216.77 BJPY2021 Q3
11/12/2020-JPY278.53 BJPY2021 Q2
8/6/2020-JPY189.09 BJPY2021 Q1
5/28/2020-JPY228.28 BJPY2020 Q4
2/13/202048.99JPY214.78 BJPY2020 Q3

EESG©

Eulerpool ESG Scorecard© for the Air Water stock

47/100
57
Environment
51
Social
31
Governance
E

Environment

20
Scope 1 - Direct Emissions573,000
Scope 2 - Indirect emissions from purchased energy2,463,000
Scope 3 - Indirect emissions within the value chain3,477,000
Total CO₂ emissions3,036,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees19.939
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Air Water shareholder structure

% Name
4.23064%
Marathon-London
Marathon-London
3.46986%
Sumitomo Mitsui Trust Bank, Limited
Sumitomo Mitsui Trust Bank, Limited
3.01689%
Nippon Steel Corp
Nippon Steel Corp
2.73882%
Nomura Asset Management Co., Ltd.
Nomura Asset Management Co., Ltd.
2.73662%
Sumitomo Mitsui Banking Corp
Sumitomo Mitsui Banking Corp
2.68857%
Nikko Asset Management Co., Ltd.
Nikko Asset Management Co., Ltd.
2.62681%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.62207%
Air Water Inc. Customers
Air Water Inc. Customers
2.37455%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2.16472%
National Mutual Insurance Federation of Agricultural Cooperatives
National Mutual Insurance Federation of Agricultural Cooperatives
...

Air Water Executives and Management Board

KT

Mr. Kikuo Toyoda

(76)

Chairman of the Board, Chief Executive Officer, Representative Director · since 2012

Compensation169 M JPY
RM

Mr. Ryosuke Matsubayashi

(59)

President, Chief Operating Officer, Representative Director

Compensation101 M JPY
SO

Mr. Shigeki Otsuka

(62)

Senior Managing Executive Officer, Manager of Engineering Center, Director · since 2023

TT

Mr. Tsuyoshi Tanaka

(55)

Senior Managing Executive Officer, Manager of Industrial Gas Unit, Director · since 2023

HO

Mr. Hidetoshi Onoe

(61)

Managing Executive Officer, Manager of Service Unit, Director · since 2023

Air Water Supply Chain

Frequently asked questions about Air Water

The main competitors of Air Water Inc in the market include companies such as Linde PLC, Air Products and Chemicals Inc, Showa Denko K.K., Taiyo Nippon Sanso Corporation, and Nippon Gases.

All fundamentals and in-depth analysis of Air Water

Our stock analysis for Air Water Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Air Water Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.