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Process Industries

Air Water, Inc.

Business Summary

Air Water, Inc. engages in the manufacture and sale of industrial gas and medical equipment. It operates through the following segments: Industrial Gases, Chemical, Medical, Energy, Agriculture and Food Products, Logistics, Seawater, and Other. The Industrial Gases segment handles the manufacture and sale of industrial gases such as oxygen, nitrogen, and argon. It also offers high-pressure gas-related equipment and gas generators. The Chemical segment covers basic chemical and fine chemical products. The Medical segment markets gas products for medical use and health care equipment. The Energy segment provides liquefied petroleum gas (LPG) and kerosene. The Agriculture and Food Products segment deals with the wholesale and processing of fruits and vegetables. It also manufactures and sells frozen food, processed meat, and soft drinks. The Logistics segment offers logistics, warehousing, and distribution services. The Seawater segment sells salt, fused magnesia, and magnesium oxide. The Other segment includes the aerosol business. The company was founded on September 24, 1929 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue806,630M7,605.59M
Gross Profit166,932M1,573.97M
Operating income45,498M428.99M
Income before tax47,364M446.58M
Net income27,317M257.56M
EBITDA84,531M797.03M
Diluted EPS120.831.13
Dividends Per Share440.41
Total Assets926,821M8,387.52M
Total liabilities554,427M5,017.43M
Total equity357,797M3,237.98M
Operating cash flow76,601M722.25M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 670,536M 753,559M 742,288M 809,083M 806,630M
Gross Profit 145,607M 152,433M 154,508M 168,651M 166,932M
Operating income 41,343M 42,398M 43,649M 46,080M 45,498M
Income before tax 37,316M 40,501M 42,111M 49,830M 47,364M
Net income 22,337M 25,173M 29,641M 30,650M 27,317M
EBITDA 69,321M 72,061M 74,425M 81,074M 84,531M
Diluted EPS 114.30 128.71 147.06 147.19 120.83
Dividends Per Share 34 38 40 44 44
Total Assets 629,115M 693,101M 785,944M 899,699M 926,821M
Total liabilities 348,360M 398,451M 490,930M 547,881M 554,427M
Total equity 256,365M 278,333M 278,053M 331,992M 357,797M
Operating cash flow 58,873M 47,764M 61,212M 43,784M 76,601M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 6,192.18M 6,799.08M 6,693.63M 7,441.50M 7,605.59M
Gross Profit 1,344.63M 1,375.34M 1,393.28M 1,551.15M 1,573.97M
Operating income 381.78M 382.54M 393.60M 423.81M 428.99M
Income before tax 344.60M 365.42M 379.73M 458.30M 446.58M
Net income 206.27M 227.12M 267.28M 281.90M 257.56M
EBITDA 640.15M 650.17M 671.13M 745.67M 797.03M
Diluted EPS 1.05 1.16 1.32 1.35 1.13
Dividends Per Share 0.31 0.34 0.36 0.40 0.41
Total Assets 5,645.83M 6,517.16M 7,100.72M 8,334.01M 8,387.52M
Total liabilities 3,126.26M 3,746.60M 4,435.38M 5,075.08M 5,017.43M
Total equity 2,300.68M 2,617.14M 2,512.11M 3,075.28M 3,237.98M
Operating cash flow 543.67M 430.95M 551.98M 402.70M 722.25M

Valuation Measures

Mar 2021
PER16.03
ROA2.99%
ROE7.92%
Operating margin5.64%
Profit margin3.38%

Key executives

  • Co-Chairman & Chief Executive Officer: Kikuo Toyoda
  • President, COO & Representative Director: Kiyoshi Shirai
  • Executive Officer & Manager-Finance: Kiyotaka Nagai
  • Representative Director, VP & Head-Administration: Masato Machida
  • Director & Vice President: Yuu Karato

Shareholders

  • Marathon Asset Management Ltd. (5.2%)
  • Sumitomo Mitsui Trust Holdings, Inc. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
  • NIPPON STEEL CORP. (3.0%)
  • Nikko Asset Management Co., Ltd. (2.9%)
  • Nomura Asset Management Co., Ltd. (2.8%)
  • Air Water Business Association (2.4%)
  • North Pacific Bank, Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.9%)
  • Hokuhoku Financial Group, Inc. (1.7%)

Contact Details

  • Website:http://www.awi.co.jp
  • Address: Air Water Building, 2-12-8 Minamisenba, Osaka, 542-0081, Japan
  • Phone: +81.6.6252.5411

Related Companies

  • Hokuei Co. Ltd.
  • Air Water ECOROCA, Inc.
  • Plus Co. Ltd.
  • Air Water Materials, Inc.
  • West Japan Air Water Logistics Co., Ltd.
  • East Japan Air Water Logistics Co., Ltd.
  • Air Water Logistics Co., Ltd.
  • Kyusyuya Co., Ltd.
  • Air Water Link, Inc.
  • Air Water Medi H, Co., Ltd.
  • Chushikoku Air Water, Inc.
  • Life Supply, Inc.
  • SHIN-ETSU LEAD Co,. Ltd.
  • Air Water Cryoplant, Ltd.
  • Air Water Restricted Stock Compensation Plan
  • Air Water India Pvt Ltd.
  • Air Water Tokachi Shokuhin KK
  • Sharp Life Science KK
  • Genki KK
  • Yamamura Iryokikai KK
  • Air Water America, Inc.
  • Power Partners Pte Ltd.
  • Maruden Miuradenki Co., Ltd.
  • Kairos KK
  • AW Water Hanbai KK
  • Q&C Co., Ltd.
  • Globalwide M&E Pte Ltd.
  • Globalwide International Pte Ltd.
  • Air Water Bellpearl, Inc.
  • Plecia Holdings KK

Competitors

  • Air Liquide SA
  • Air Liquide Tunisie SA
Last Updated on 17 May, 2022

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