Air Water (AWAT.Y) Stock Overview

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. More details

AWAT.Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (10.8x) is below the US market (19.4x)

Earnings are forecast to grow 7.03% per year

Earnings grew by 8.3% over the past year

Risk Analysis

Shares are highly illiquid

Has a high level of debt

Dividend of 3.17% is not well covered by free cash flows

AWAT.Y Community Fair Values

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Air Water Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Air Water
Historical stock prices
Current Share Price	JP¥13.74
52 Week High	JP¥14.97
52 Week Low	JP¥13.74
Beta	0.31
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-8.22%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	AWAT.Y	US Chemicals	US Market
7D	0%	0.7%	-0.5%
1Y	n/a	-4.6%	15.4%

Return vs Industry: Insufficient data to determine how AWAT.Y performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how AWAT.Y performed against the US Market.

Price Volatility

Is AWAT.Y's price volatile compared to industry and market?
AWAT.Y volatility
AWAT.Y Average Weekly Movement	n/a
Chemicals Industry Average Movement	6.4%
Market Average Movement	6.4%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.0%

Stable Share Price: AWAT.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine AWAT.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1929	20,836	Ryosuke Matsubayashi	www.awi.co.jp

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.

Air Water Inc. Fundamentals Summary

How do Air Water's earnings and revenue compare to its market cap?
AWAT.Y fundamental statistics
Market cap	US$3.43b
Earnings (TTM)	US$319.02m
Revenue (TTM)	US$6.87b

10.8x

P/E Ratio

0.5x

P/S Ratio

Is AWAT.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AWAT.Y income statement (TTM)
Revenue	JP¥1.09t
Cost of Revenue	JP¥849.83b
Gross Profit	JP¥235.87b
Other Expenses	JP¥185.42b
Earnings	JP¥50.45b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	220.14
Gross Margin	21.73%
Net Profit Margin	4.65%
Debt/Equity Ratio	81.3%

How did AWAT.Y perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

34%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/20 06:09
End of Day Share Price	2025/11/19 00:00
Earnings	2025/06/30
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Air Water Inc. is covered by 15 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mikiya Yamada	Barclays
Takashi Enomoto	BofA Global Research
Keita Ikeda	Daiwa Securities Co. Ltd.