AIR WaterAIR WATER INC.4088東証プライム化学FY ending Mar 2026, consolidated, IFRS
It lost about ¥3 for every ¥100 of sales at the operating level. Revenue changed +5.3% from the prior year, operating profit -159.4%.
Net margin × asset turnover = ROA; ROA × financial leverage = ROE
| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE |
|---|---|---|---|---|---|
| 2022 | 4.9% | 0.87× | 4.2% | 2.59× | 10.9% |
| 2023 | 4.0% | 0.95× | 3.8% | 2.56× | 9.7% |
| 2024 | 4.3% | 0.89× | 3.8% | 2.61× | 10.0% |
| 2025 | 3.9% | 0.83× | 3.3% | 2.75× | 9.0% |
| 2026 | — | —× | -5.3% | —× | — |
Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.
Annual trends in tangible-asset ratios and goodwill balance.
Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition
Track R&D investment and how long operating capital remains tied up before sales turn into cash.
R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 888,668 | 1,004,914 | 1,024,540 | 1,013,070 | 1,066,795 |
| Cost of revenue | 689,555 | 804,830 | 804,271 | 789,309 | 826,497 |
| Gross profit | 199,112 | 200,084 | 220,268 | 223,760 | 240,297 |
| SG&A | 139,703 | 150,379 | 158,411 | 168,778 | 201,529 |
| Operating income | 65,174 | 62,181 | 68,272 | 62,538 | -37,157 |
| Pretax income | 64,230 | 60,978 | 66,712 | 60,869 | -51,447 |
| Income tax | 17,823 | 18,023 | 20,565 | 21,898 | 14,834 |
| Net income attributable to owners | 43,214 | 40,137 | 44,360 | 39,929 | -63,949 |
| Operating margin | 7.3% | 6.2% | 6.7% | 6.2% | -3.5% |
Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.
Each bar totals 100% of assets; other is the residual.
| Item | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
|---|---|---|---|---|---|
| Cash and equivalents | ¥59.6B | ¥65.9B | ¥67.4B | ¥73.2B | ¥87.1B |
| Total assets | ¥1.02T | ¥1.09T | ¥1.22T | ¥1.21T | ¥1.22T |
| Net assets | ¥419.9B | ¥446.5B | ¥439.9B | ¥458.2B | ¥411B |
| Share capital | ¥55.9B | ¥55.9B | ¥55.9B | ¥55.9B | ¥55.9B |
| Property, plant and equipment | ¥442.9B | ¥443.4B | — | ¥506.2B | ¥505.6B |
| Goodwill | ¥60.1B | ¥65.1B | — | ¥78.2B | ¥51.6B |
| Current assets | ¥376.9B | ¥431.1B | — | ¥442.5B | ¥466.6B |
| Total liabilities | ¥602.2B | ¥645.2B | — | ¥751.9B | ¥805.3B |
| Equity attributable to owners of parent | ¥395.1B | ¥430.2B | — | ¥442.2B | ¥390.2B |
| Retained earnings | ¥275.2B | ¥303.7B | — | ¥290.5B | ¥213.5B |
| Treasury stock | -¥4.84B | -¥3.53B | — | -¥808M | -¥714M |
EDINET (FSA Japan)
訂正有価証券報告書－第26期(2025/04/01－2026/03/31)
EDINET (FSA Japan)
有価証券報告書－第25期(2024/04/01－2025/03/31)
EDINET (FSA Japan)
有価証券報告書－第24期(2023/04/01－2024/03/31)
EDINET (FSA Japan)
有価証券報告書－第23期(2022/04/01－2023/03/31)
EDINET (FSA Japan)
有価証券報告書－第22期(令和3年4月1日－令和4年3月31日)
EDINET (FSA Japan)
有価証券報告書－第21期(令和2年4月1日－令和3年3月31日)
Extracted from XBRL: 43 / Derived from other figures: 1
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