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Air Water Corrects EPS Figure in Sharply Downgraded Full-Year Forecast

Story Highlights
  • Air Water corrected a minor EPS error in its revised full-year forecast, restating the projected loss per share as ¥43.63 while leaving all other guidance figures unchanged.
  • The company’s updated outlook still signals a steep earnings deterioration, with operating profit cut by ¥70 billion and profit turning to a ¥10 billion loss despite revenue holding at ¥1.15 trillion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Air Water Corrects EPS Figure in Sharply Downgraded Full-Year Forecast

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Air Water ( (JP:4088) ) has provided an update.

Air Water Inc. has issued a correction to its recently announced revision of full-year financial forecasts for the fiscal year ending March 31, 2026, clarifying a minor numerical error in basic earnings per share. The company confirmed that while revenue and profit projections remain drastically reduced from the original forecast, the corrected basic earnings per share for the revised outlook is now stated as a loss of ¥43.63 instead of ¥43.52, reflecting a purely technical adjustment rather than a change in the underlying earnings outlook.

The updated guidance maintains revenue at ¥1.15 trillion with operating profit slashed to ¥14 billion from ¥84 billion and profit attributable to owners of parent revised to a loss of ¥10 billion from a previously expected profit of ¥53 billion. These figures underscore a sharp deterioration from both the initial forecast and the prior fiscal year’s results, reinforcing the scale of the company’s earnings downgrade even though the latest notice is limited to correcting the per-share loss figure.

The most recent analyst rating on (JP:4088) stock is a Hold with a Yen2698.00 price target. To see the full list of analyst forecasts on Air Water stock, see the JP:4088 Stock Forecast page.

More about Air Water

Air Water Inc. is a diversified Japanese industrial company listed on the Tokyo Stock Exchange Prime Market and the Sapporo Stock Exchange. The group operates across industrial gases, chemicals, and related businesses, supplying core materials and services to manufacturing and other sectors in Japan and overseas.

YTD Price Performance: 9.15%

Average Trading Volume: 708,142

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen557.2B

See more insights into 4088 stock on TipRanks’ Stock Analysis page.

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