Prices as of 2026/10/30 close
Company comparison · Industrial Gases
Nippon Sanso HD is the bigger company, with revenue of ¥1.4T — 1.3x Air Water's ¥1.1T.
Nippon Sanso HD earns more on each yen of sales, with an operating margin of 14.6% — 7.6 points above Air Water (7.0%).
Revenue growth in the latest results: Air Water +5.0%, Nippon Sanso HD +3.9%. For next year, Air Water guides for the fastest operating profit growth (+11.6%).
Nippon Sanso HD pays more on average — ¥10.3M against ¥8.16M at Air Water.
Over the past year the shares moved Air Water +31.4%, Nippon Sanso HD +8.1%.
Head-to-head wins16 metrics
One win per metric for the company with the best value. Metrics with no better or worse (P/E, average age, employees) are excluded.
ScaleInvestors
Nippon Sanso HD aheadNippon Sanso HD 3 : Air Water 0
Revenue: Nippon Sanso HD ¥1.4T / Air Water ¥1.1T
ProfitabilityInvestors
Nippon Sanso HD aheadNippon Sanso HD 3 : Air Water 0
Operating margin: Nippon Sanso HD 14.6% / Air Water 7.0%
GrowthInvestors
Air Water aheadNippon Sanso HD 2 : Air Water 3
Revenue growth (YoY): Nippon Sanso HD +3.9% / Air Water +5.0%
Stock & balance sheetInvestors
Air Water aheadNippon Sanso HD 0 : Air Water 2
Share price, 1 year: Nippon Sanso HD +8.1% / Air Water +31.4%
Pay & workforceJob seekers
Nippon Sanso HD aheadNippon Sanso HD 2 : Air Water 1
Average salary: Nippon Sanso HD ¥10.3M / Air Water ¥8.16M
| Metric | Nippon Sanso HD | Air Water | Gap |
|---|---|---|---|
| Revenue | ◎¥1.4T | ¥1.1T | 1.3x |
| Operating profit | ◎¥197.9B | ¥75.2B | 2.6x |
| Net income | ◎¥123.9B | ¥49.1B | 2.5x |
| Metric | Nippon Sanso HD | Air Water | Gap |
|---|---|---|---|
| Operating margin | ◎14.6% | 7.0% | 7.6pt |
| Net margin | ◎9.1% | 4.6% | 4.6pt |
| ROE | — | 9.8% | |
| Revenue per employee | ◎¥12.1B | ¥1.6B | 7.7x |
| Metric | Nippon Sanso HD | Air Water | Gap |
|---|---|---|---|
| Revenue growth (YoY) | +3.9% | ◎+5.0% | 1.1pt |
| Operating profit growth (YoY) | ◎+19.3% | +10.2% | 9.1pt |
| Revenue CAGRlast 5 years | ◎+10.7% | +7.5% | 3.2pt |
| Guidance: revenue growthnext FY plan | +1.5% | ◎+6.9% | 5.4pt |
| Guidance: op. profit growthnext FY plan | +8.7% | ◎+11.6% | 3.0pt |
| Metric | Nippon Sanso HD | Air Water | Gap |
|---|---|---|---|
| Share price, 1 year | +8.1% | ◎+31.4% | 23.3pt |
| Share price, 3 months | −5.6% | ◎+12.6% | 18.2pt |
| P/E (trailing)lower = cheaper | — | 13.4x | |
| Equity ratio | — | 42.9% | |
| Share price (close) | ¥5,506 | ¥2,877 |
◎ marks the best value for each metric. Revenue and profit are from the latest full-year earnings release; share prices are closing-price references; P/E = latest close ÷ trailing EPS. For banks and some other financials, revenue means ordinary income.
| Metric | Nippon Sanso HD | Air Water | Gap |
|---|---|---|---|
| Average salary | ◎¥10.3M | ¥8.16M | ¥2.15M |
| Starting salary (monthly) | ¥270,000 | ◎¥280,000 | ¥10,000 |
| Average tenure | ◎16.4 yrs | 9.9 yrs | 6.5 |
| Average age | 43.7 | 42.5 | 1.2 |
| Employees | 112 | 685 | 6.1x |
Average salary is for the reporting (parent) company and is affected by average age and job mix. Holding companies with few employees are left out of the salary comparison.
Close (Oct 30, 2026)
¥5,506+8.1% (1Y)
Nippon Sanso HD +8.1% over 1Y. Compared: Air Water +31.4%.
Reference chart of daily closing prices, not real-time quotes (split-adjusted; weekly closes before the last year). Each line shows the % change from the start of the period. Updated Oct 30, 2026.
Nippon Sanso HD5 segments
Air Water5 segments
AAverage annual salary from the securities filings: Nippon Sanso HD ¥10.3M, Air Water ¥8.16M. Nippon Sanso HD pays the most. Averages also depend on staff age and job mix, so check the average age too (Nippon Sanso HD 43.7, Air Water 42.5).
ARevenue in the latest results: Nippon Sanso HD ¥1.4T, Air Water ¥1.1T. Nippon Sanso HD is the bigger company, with revenue of ¥1.4T — 1.3x Air Water's ¥1.1T.
AOperating margins: Nippon Sanso HD 14.6%, Air Water 7.0%. Nippon Sanso HD turns the highest share of sales into operating profit.
AShare price change over the past year (closing prices, for reference): Air Water +31.4%, Nippon Sanso HD +8.1%. Air Water has risen the most.
Comparing 2 companies (up to 4)
Sources: earnings releases (kessan tanshin), annual securities reports and other public information. Share prices are closing-price references, not real-time. Our data may contain errors; investment decisions are your own responsibility.
