Air Water Inc. Reports Record Financial Results for FY2024

Air Water ( (AWTRF) ) has released its Q4 earnings. Here is a breakdown of the information Air Water presented to its investors.

Air Water Inc., a diversified Japanese company, operates across various sectors including industrial gases, energy solutions, health and safety, agriculture, and logistics. In its latest earnings report for fiscal year 2024, Air Water Inc. reported a 5% increase in revenue to ¥1,075,929 million and a 10.6% rise in profit attributable to owners of the parent, reaching ¥49,074 million. The company achieved record financial results, driven by strong performances in its digital and semiconductor-related businesses, as well as its overseas industrial gas operations. Key financial metrics showed improvements, with operating profit increasing by 10.2% to ¥75,246 million and basic earnings per share rising to ¥214.57. The company also reported a significant increase in cash flows from operating activities, which reached ¥93,236 million. Looking ahead, Air Water Inc. forecasts continued growth in revenue and profit for fiscal year 2025, with a focus on expanding its global and wellness sectors, strengthening its industrial gas business, and enhancing its management foundations. The company plans to maintain a progressive dividend policy, aiming for a 35% payout ratio.