Air water announced its financial results for the third quarter of FY2005

Air water posted a consolidated operating income of ¥13,718 million, 8.2% up over the same period last year, and an ordinary income of ¥14,973 million, 23.0% up, and net sales of ¥268,239 million, 14.8% up.

The net income by the end of the third quarter was ¥6,632 million, a year on year increase of 30.5%. The results were driven by robust performances by the industrial business and chemical business groups. These groups were on the back of burgeoning production throughout the domestic manufacturing industry and by strong growth in capital investment.

Based on the above results, Air water has made a full year forecast:Net income of ¥9 billion and ordinary income of ¥21 billion on net sales of ¥370 billion.