Air Water Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2017 - 2021
Period Ending	Aug '25 Aug 14, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2017 - 2021
Market Capitalization	561,434	432,342	546,308	377,181	385,138	432,322	Upgrade
Market Cap Growth	-0.63%	-20.86%	44.84%	-2.07%	-10.91%	28.11%	Upgrade
Enterprise Value	945,597	821,574	931,206	703,455	698,202	722,877	Upgrade
Last Close Price	2450.00	1888.00	2307.40	1551.47	1550.95	1695.04	Upgrade
PE Ratio	11.12	8.81	12.32	9.40	8.91	15.80	Upgrade
Forward PE	10.30	8.16	11.29	8.56	9.11	13.59	Upgrade
PS Ratio	0.52	0.40	0.53	0.38	0.43	0.54	Upgrade
PB Ratio	1.06	0.81	1.07	0.85	0.92	1.16	Upgrade
P/TBV Ratio	1.43	1.10	1.52	1.13	1.25	1.56	Upgrade
P/FCF Ratio	35.77	16.79	33.82	-	14.48	16.45	Upgrade
P/OCF Ratio	6.42	4.64	6.86	6.62	5.38	5.64	Upgrade
PEG Ratio	1.66	0.95	1.16	0.61	0.63	3.85	Upgrade
EV/Sales Ratio	0.87	0.76	0.91	0.70	0.79	0.90	Upgrade
EV/EBITDA Ratio	7.36	7.10	8.38	7.11	6.67	8.36	Upgrade
EV/EBIT Ratio	12.11	12.37	14.43	13.02	11.40	15.23	Upgrade
EV/FCF Ratio	60.25	31.90	57.64	-	26.25	27.50	Upgrade
Debt / Equity Ratio	0.81	0.82	0.87	0.87	0.89	0.91	Upgrade
Debt / EBITDA Ratio	3.48	3.82	3.99	3.94	3.57	3.91	Upgrade
Debt / FCF Ratio	27.38	17.15	27.44	-	14.05	12.85	Upgrade
Asset Turnover	0.89	0.87	0.89	0.95	0.91	0.88	Upgrade
Inventory Turnover	8.17	8.85	8.71	9.56	9.57	9.47	Upgrade
Quick Ratio	0.90	0.96	0.97	1.00	1.01	1.00	Upgrade
Current Ratio	1.39	1.39	1.42	1.44	1.43	1.40	Upgrade
Return on Equity (ROE)	9.82%	9.64%	9.66%	9.92%	11.71%	8.38%	Upgrade
Return on Assets (ROA)	3.73%	3.36%	3.49%	3.19%	3.93%	3.25%	Upgrade
Return on Capital (ROIC)	4.80%	4.30%	4.51%	4.14%	5.09%	4.25%	Upgrade
Return on Capital Employed (ROCE)	8.00%	7.20%	7.10%	6.80%	8.10%	6.90%	Upgrade
Earnings Yield	8.98%	11.35%	8.12%	10.64%	11.22%	6.33%	Upgrade
FCF Yield	2.80%	5.96%	2.96%	-2.01%	6.91%	6.08%	Upgrade
Dividend Yield	3.06%	3.97%	2.77%	3.61%	3.61%	-	Upgrade
Payout Ratio	32.93%	30.80%	32.00%	32.49%	25.93%	38.23%	Upgrade
Buyback Yield / Dilution	-0.35%	-0.35%	-0.37%	-0.35%	-0.09%	-9.43%	Upgrade
Total Shareholder Return	2.72%	3.62%	2.40%	3.26%	3.52%	-9.43%	Upgrade

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.