AIR WATER INC.
4088エア・ウォーター株式会社
Latest half-year results
First half · fiscal year to 2026-03 · filed 2026-02-13For the first half of the fiscal year to 2026-03: Revenue ¥516.6 billion (+2.4% YoY), Profit before tax ¥-17.6 billion (-165.8% YoY), Net income ¥-21.2 billion (-223.3% YoY).
| This period | Year on year | |
|---|---|---|
| Revenue | ¥516.6bn | +2.4% |
| Profit before tax | −¥17.6bn | -165.8% |
| Net profit to owners | −¥21.2bn | -223.3% |
From the securities report on EDINET, which states no forecast. History via /v1/companies/4088/earnings-releases.
Financials
IFRS · consolidated · fiscal year to 2026-03-31- Revenue
- ¥1.1tn
- Net income
- −¥63.9bn
- ROE
- -15.4%
- Equity ratio
- 32.1%
- Dividend / share
- ¥75
- Employees
- 21,824
| Fiscal year | Revenue | Net income | Total assets | Net assets | ROE | EPS | Operating CF |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | ¥1,066.8bn | −¥63.9bn | ¥1,216.3bn | ¥390.2bn | -15.4% | ¥-279.01 | ¥107.6bn |
| 2025-03-31 | ¥1,013.1bn | ¥39.9bn | ¥1,210.1bn | ¥442.2bn | 9.2% | ¥174.58 | ¥92.7bn |
| 2024-03-31 | ¥966.4bn | ¥36.6bn | ¥1,187.3bn | ¥421.5bn | 9.3% | ¥160.79 | ¥78.7bn |
| 2023-03-31 | ¥954.0bn | ¥9.3bn | ¥1,086.6bn | ¥366.6bn | 2.5% | ¥40.83 | ¥58.7bn |
| 2022-03-31 | ¥846.8bn | ¥41.7bn | ¥1,042.6bn | ¥364.7bn | 12.0% | ¥184.22 | ¥75.5bn |
Indicators
Computed by us from filings · fiscal year to 2026-03-31| Metric | Value | Percentile among listed companies |
|---|---|---|
| ROE, % | -15.4 | 3.2 |
| Ordinary margin | -0.0482 | 5.9 |
| Equity ratio, % | 32.1 | 16.3 |
| Revenue growth | 0.053 | 52.1 |
| Net income growth | -2.6016 | 3.8 |
| Operating cash flow / assets | 0.0885 | 66.5 |
Results wording balance: +0.27. Proprietary text method; it describes the wording only and does not interpret context.
Interest example: if all ¥468.5bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥2.3bn, 2.2% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.
Via /v1/companies/4088/indicators. Descriptive figures, not a rating and not investment advice.
From other filings
As the company states themSegments, votes and tender offers
Stated in EDINET filings/v1/companies/4088/segmentsOwnership changes
All companies →- 2026-06-22
Oasis Management Company Ltd. states it may make proposals to the management of AIR WATER INC. (4088) (first filing).
- 2026-06-22
Oasis Management Company Ltd. disclosed a 6.05% stake in AIR WATER INC. (4088), crossing the 5% reporting threshold.
- 2026-05-22
― raised holdings in AIR WATER INC. (4088) to 6.88% from 5.86%.
- 2026-05-21
Sumitomo Mitsui Trust Bank,Limited cut holdings in AIR WATER INC. (4088) to 3.83% from 7.70%, below the 5% threshold.
- 2026-05-18
― states it may make proposals to the management of AIR WATER INC. (4088) (first filing).
- 2026-05-18
― disclosed a 5.86% stake in AIR WATER INC. (4088), crossing the 5% reporting threshold.
- 2025-12-04
Sumitomo Mitsui Trust Bank,Limited reduced holdings in AIR WATER INC. (4088) to 7.70% from 8.71%.
- 2025-09-19
Sumitomo Mitsui Trust Bank,Limited raised holdings in AIR WATER INC. (4088) to 8.71% from 8.49%.
- 2024-08-05
Marathon Asset Management Limited cut holdings in AIR WATER INC. (4088) to 4.21% from 5.22%, below the 5% threshold.
- 2024-05-21
Sumitomo Mitsui Trust Bank,Limited reduced holdings in AIR WATER INC. (4088) to 8.49% from 9.51%.
Trades by 5% holders
From the 60-day trade tables in 5% reports| Holder | Period | Net shares | Net % of shares | Avg. filed price | Range |
|---|---|---|---|---|---|
| Oasis Management Company Ltd. | 2026-04-15 – 2026-06-15 | +6,510,924 | +2.83pt | ¥2,552 | ¥2,552–2,552 |
| 株式会社レノ | 2026-05-13 – 2026-05-15 | +601,500 | +0.26pt | — | — |
| individual filer | 2026-03-24 – 2026-05-14 | +12,071,100 | +5.26pt | ¥1,971.25 | ¥1,880–2,057 |
| 株式会社Mホールディングス | 2026-03-24 – 2026-05-14 | +404,500 | +0.19pt | ¥1,880 | ¥1,880–1,880 |
| 株式会社ATRA | 2026-05-01 – 2026-05-13 | +2,359,400 | +1.02pt | — | — |
| 株式会社シティインデックスイレブンス | 2026-05-11 – 2026-05-11 | 0 | 0.00pt | ¥1,966 | ¥1,965–1,967 |
Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/4088/trades.
5% filings
Large shareholding reports on 4088| Filed | Filer | Stake | Change | Stated purpose |
|---|---|---|---|---|
| 2026-06-22 | Oasis Management Company Ltd. | 6.05% | — | may make proposals shareholder value engagement undervaluation thesis |
| 2026-05-22 | ― | 6.88% | +1.02pt | may make proposals shareholder value engagement undervaluation thesis |
| 2026-05-21 | Sumitomo Mitsui Trust Bank,Limited | 3.83% | −3.87pt | strategic holding |
| 2026-05-18 | ― | 5.86% | — | may make proposals shareholder value engagement undervaluation thesis |
| 2025-12-04 | Sumitomo Mitsui Trust Bank,Limited | 7.70% | −1.01pt | strategic holding |
| 2025-09-19 | Sumitomo Mitsui Trust Bank,Limited | 8.71% | +0.22pt | strategic holding |
| 2024-08-05 | Marathon Asset Management Limited | 4.21% | −1.01pt | — |
| 2024-05-21 | Sumitomo Mitsui Trust Bank,Limited | 8.49% | −1.02pt | strategic holding |
| 2022-11-21 | Mitsubishi UFJ Financial Group, Inc. | 4.17% | −0.84pt | strategic holding |
| 2021-12-03 | Marathon Asset Management Limited | 5.22% | — | — |
Cross-shareholdings
From the annual report's status of shareholdings- Listed strategic holdings
- 24 issues
- Book value
- ¥52.0bn
- Sold in the year
- ¥5.1bn 7 issues
- Bought in the year
- — 0 issues
- Mutual, both reports
- 22
- Held by listed cos.
- 66
| Holds | Book value | Shares vs. prior year | Mutual |
|---|---|---|---|
| NITTO BOSEKI CO.,LTD. 3110 | ¥18.7bn | 0.0% | both reports |
| Namura Shipbuilding Co.,Ltd. 7014 | ¥6.9bn | 0.0% | both reports |
| DAIKIN INDUSTRIES, LTD. 6367 | ¥6.4bn | 0.0% | both reports |
| MORITA HOLDINGS CORPORATION 6455 | ¥4.6bn | 0.0% | both reports |
| KYOEI STEEL LTD. 5440 | ¥3.0bn | 0.0% | no |
| NAKAYAMA STEEL WORKS, LTD. 5408 | ¥2.9bn | 0.0% | no |
| Sumitomo Mitsui Trust Group, Inc. 8309 | ¥2.6bn | 0.0% | both reports |
| KYOEI STEEL LTD. 5440 | ¥1.6bn | 0.0% | no |
| DELICA FOODS HOLDINGS CO.,LTD. 3392 | ¥1.5bn | 0.0% | both reports |
| Idemitsu Kosan Co.,Ltd. 5019 | ¥0.9bn | 0.0% | both reports |
Held by: Sumitomo Mitsui Trust Group, Inc. 8309, NIPPON STEEL CORPORATION 5401, North Pacific Bank,Ltd. 8524, MITSUI & CO., LTD. 8031, Hokuhoku Financial Group, Inc. 8377, OSAKA GAS CO.,LTD. 9532, Chugin Financial Group, Inc. 5832, NITTO BOSEKI CO.,LTD. 3110, DAIKIN INDUSTRIES, LTD. 6367, Mitsui Chemicals, Inc. 4183, MORITA HOLDINGS CORPORATION 6455, MS&AD Insurance Group Holdings, Inc. 8725 and 56 more
Purposes, all holdings and mutual flags via /v1/companies/4088/cross-holdings. Share changes include stock splits.
Major shareholders
As of fiscal year end 2026-03-31| Shareholder | Shares | Ratio |
|---|---|---|
| 日本マスタートラスト信託銀行株式会社（信託口） | 26,508,000 | 11.56% |
| 株式会社日本カストディ銀行（信託口） | 8,305,000 | 3.62% |
| 三井住友信託銀行株式会社 | 7,936,000 | 3.46% |
| 日本製鉄株式会社 | 6,900,000 | 3.01% |
| 株式会社三井住友銀行 | 6,259,000 | 2.73% |
| STATE STREET BANK AND TRUSTCOMPANY 505001 | 6,079,000 | 2.65% |
| エア・ウォーター取引先持株会 | 6,058,000 | 2.64% |
| JPモルガン証券株式会社 | 5,920,000 | 2.58% |
| 全国共済農業協同組合連合会 | 4,951,000 | 2.16% |
| エア・ウォーターグループ持株会 | 4,936,000 | 2.15% |
U.S. funds holding 4088
SEC Form N-PORT, reports to 2026-07-3188 U.S. funds held 16,284,757 shares worth $261.4m.
| Fund | Shares | Value | % of fund | As of |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 2,856,653 | $44.8m | 0.007% | 2026-07-31 |
| VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS | 1,828,595 | $31.3m | 0.010% | 2026-06-30 |
| iShares Core MSCI EAFE ETF iShares Trust | 1,293,700 | $20.3m | 0.011% | 2026-07-31 |
| Avantis International Small Cap Value ETF American Century ETF Trust | 1,149,900 | $18.7m | 0.094% | 2026-05-31 |
| INTERNATIONAL CORE EQUITY 2 PORTFOLIO DFA INVESTMENT DIMENSIONS GROUP INC | 638,700 | $10.0m | 0.024% | 2026-07-31 |
Up to 25 funds per stock via the API.
Get this as JSON
GET /v1/companies/4088
GET /v1/companies/4088/financials
GET /v1/companies/4088/details
GET /v1/companies/4088/segments
GET /v1/companies/4088/voting
GET /v1/companies/4088/tender-offers
GET /v1/companies/4088/indicators
GET /v1/companies/4088/earnings-releases
GET /v1/events?ticker=4088
GET /v1/companies/4088/trades
GET /v1/companies/4088/cross-holdings
GET /v1/companies/4088/brief