Overview
Transportation Equipment

AeroEdge Co.,Ltd

AeroEdge specializes in the precision machining and manufacturing of aerospace engine components, with its core product being titanium aluminide (TiAl) low-pressure turbine blades for CFM International's LEAP engines, which power the Airbus A320neo family and Boeing 737 MAX. The company holds a contractual supply agreement with France's SAFRAN to provide approximately 40% of total LEAP engine TiAl blade requirements, with share increasing to the upper 40s% from January 2028, and is one of only two companies globally capable of mass-producing TiAl blades for LEAP engines. In addition to its core machining business, AeroEdge develops Additive Manufacturing (3D printing) capabilities and provides engineering services leveraging its advanced manufacturing expertise.

Market Cap
¥28.3B
US$180M
EV
¥31.1B
US$198M
Stock¥1,140▼-4.92%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
19.9
x
LTM EV/EBIT
27.2
x
LTM PER
36.2
x
LTM PBR
5.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-7.7%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 13, 26Full-year FY2026/06 earnings announced
MC → EV Bridge
28.3BUS$180MMarket Cap5.48BUS$34.9M+ Debt2.63BUS$16.8M− Cash0.00BUS$0.00M− Inv. Sec.31.1BUS$198MEV
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Performance & Balance
Revenue 5Y (¥B)
2.92US$18.6M'23/63.35US$21.4M'24/63.60US$23.0M'25/65.08US$32.4M'26/6
EBITDA 5Y (¥B)
0.92US$5.85M'23/61.09US$6.97M'24/61.04US$6.62M'25/61.56US$9.96M'26/6
Net Income 5Y (¥B)
0.67US$4.29M'23/60.70US$4.45M'24/60.73US$4.68M'25/60.78US$4.98M'26/6
Capital Structure
47%
53%
EquityD/E 1.14xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
1.73US$11.0M3.72US$23.7M'23/61.81US$11.6M3.20US$20.4M'24/61.57US$10.0M3.59US$22.9M'25/62.63US$16.8M5.48US$34.9M'26/6
Shareholders
Top 10 hold 68.9%
1
Kikuchi Gear Co., Ltd.
17.41%
2
TOYOTA TSUSHO CORPORATION
11.14%
3
Jun MORINISHI
11.12%
4
DMG MORI CO.,LTD.
9.68%
5
Development Bank of Japan Inc.
6.77%
6
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
4.44%
7
Custody Bank of Japan, Ltd. (Trust Account)
3.58%
8
BOFAS INC SEGREGATION ACCOUNT
1.64%
9
GOLDMAN SACHS INTERNATIONAL
1.60%
10
Morgan Stanley MUFG Securities Co., Ltd.
1.54%
Management
7 officers
Jun MORINISHI
Representative Director, President and Executive Officer, CEO
Apr 1984 Joined Champion Beauty Salon Co., Ltd. Apr 1987 Joined Wada Shoji Co., Ltd. Jul 1990 Joined Matsumoto Seiki Co., Ltd. Nov 1994 Joined Kikuchi Gear Co., Ltd. Jul 2015 General Manager, Aerospace Business Division, Kikuchi Gear Co., Ltd. Sep 2015 Representative Director, President and CEO of the Company Jan 2018 Director, Kikuchi Gear Co., Ltd. Sep 2019 Representative Director, President and Executive Officer, CEO of the Company (current) Jun 2026 Director, Onoplant Co., Ltd. (current)
1967-04-01
Kazuhiro MIZUTA
Director and Executive Officer, COO/CTO
Oct 2008 Joined Toyota Motor Corporation Nov 2015 Joined ZMP Inc., Manager, New Business Promotion Office Jan 2017 Joined the Company as Executive Officer, CTO Jul 2019 Director, CTO of the Company Sep 2019 Director and Executive Officer, CTO of the Company Jul 2020 Director and Executive Officer, COO/CTO of the Company (current)
1982-01-29
Takashi IMANISHI
Director and Executive Officer, CFO, General Manager of Corporate Division
Oct 2003 Joined Chuo Aoyama Audit Corporation Sep 2006 Joined Arata Audit Corporation (now PwC Japan LLC) Mar 2007 Registered as Certified Public Accountant Nov 2012 Seconded to PricewaterhouseCoopers Shanghai office, Manager Nov 2014 Senior Manager, Arata Audit Corporation (now PwC Japan LLC) Jan 2016 Joined ZMP Inc. Mar 2017 General Manager, Finance and Accounting Department, ZMP Inc. Mar 2018 Audit & Supervisory Board Member, AIDELI Co., Ltd. Mar 2019 Joined the Company as Executive Officer, CFO Jul 2020 Executive Officer, CFO, General Manager of Corporate Division of the Company Sep 2020 Director and Executive Officer, CFO, General Manager of Corporate Division of the Company (current) Jun 2026 Director, Onoplant Co., Ltd. (current)
1978-07-08
Hisashi ANDO
Outside Director
Apr 1979 Joined Sony Chemical Corporation (now Dexerials Corporation) Oct 2006 Corporate Executive, Kanuma Plant General Manager, Sony Chemical & Information Device Corporation (now Dexerials Corporation) Dec 2007 Executive Officer, Kanuma Plant General Manager, same company Apr 2010 Director, Kanuma Plant General Manager, same company Sep 2012 Director and Executive Officer, Head of Development & Technology Division, Kanuma Plant General Manager, Dexerials Corporation Apr 2014 Senior Managing Director and Executive Officer, Head of Development & Technology Division, Head of New Business Planning and Promotion and Materials, Dexerials Corporation Apr 2016 Managing Director and Executive Officer, General Production and Technology, Head of Corporate R&D Division, Dexerials Corporation Jun 2016 Representative Director and Senior Managing Executive Officer, Head of Corporate R&D Division, Dexerials Corporation Jan 2019 Representative Director and Senior Managing Executive Officer, Dexerials Corporation Jun 2019 Director and Managing Executive Officer, Assistant to the President, Dexerials Corporation Mar 2020 Director and Managing Executive Officer, Assistant to the President, Dexerials Corporation; President, Dexerials America Corporation Jun 2020 Technical Advisor, Dexerials Corporation Mar 2022 Outside Director, Tokyo Ohka Kogyo Co., Ltd. (current) Sep 2022 Outside Director of the Company (current)
1955-02-07
Hisao OKAMURA
Full-time Audit & Supervisory Board Member
Apr 1990 Joined Nakaasa Keiki Co., Ltd. (now YDK Technologies Co., Ltd.) Aug 2003 Joined Kikuchi Gear Co., Ltd. Sep 2015 Joined the Company Jul 2019 Secretary General, ISO Office of the Company Jul 2020 Manager, Business Management Section of the Company (concurrently General Manager, Internal Audit Office) Dec 2021 Full-time Audit & Supervisory Board Member of the Company (current) Jun 2026 Audit & Supervisory Board Member, Onoplant Co., Ltd. (current)
1971-07-27
Noriyuki YATSU
Audit & Supervisory Board Member
Oct 1982 Joined Tohmatsu & Co. (now Deloitte Touche Tohmatsu LLC) Aug 1986 Registered as Certified Public Accountant Sep 1987 Seconded to Touche Ross (now Deloitte Touche), New York office Sep 1991 Registered as Licensed Tax Accountant Sep 1991 Representative, Yatsu CPA Office (current) Apr 2013 Chairman, Ashikaga Branch, Kanto-Shinetsu Tax Accountants Association Sep 2018 Outside Audit & Supervisory Board Member of the Company (current)
1960-03-14
Yuko NAGAKABE
Audit & Supervisory Board Member
Dec 2008 Registered as Attorney at Law Dec 2008 Joined Manen & Yamaguchi Law Office (now Manen Sogo Law Office) Apr 2012 Joined Okuzawa Toshio Law Office (now Ashikaga Sogo Law Office) (current) Dec 2021 Outside Audit & Supervisory Board Member of the Company (current)
1983-02-22
Large Shareholding Reports
Jun MORINISHI
2026-06-01
15.58%→13.75%
Annual report (as of 2026-06-30): 11.12%
Jun MORINISHI
2026-05-29
15.58%→13.63%
Annual report (as of 2026-06-30): 11.12%
DMG MORI Co., Ltd.
2026-01-06
10.80%→10.41%
Annual report (as of 2026-06-30): 9.68%
Development Bank of Japan Inc.
2025-12-19
11.61%→7.07%
Annual report (as of 2026-06-30): 6.77%
Development Bank of Japan Inc.
2025-12-19
11.61%→7.07%
Annual report (as of 2026-06-30): 6.77%
DMG MORI Co., Ltd.
2025-11-20
10.80%→10.41%
Annual report (as of 2026-06-30): 9.68%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-28
Annual Securities Report
Period: Jul 2025 – Jun 2026
TDnet
2026-08-13
Full-Year Earnings Flash
FY ending Jun 2026
EDINETAmended
2026-06-01
Change Report
EDINET
2026-05-29
Large Shareholding Report
TDnet
2026-05-14
Q3 Earnings Flash
FY ending Jun 2026
EDINET
2026-02-13
Semi-Annual Securities Report
Period: Jul 2025 – Jun 2026
EDINETAmended
2026-01-06
Change Report
EDINET
2025-12-19
Large Shareholding Report
EDINETAmended
2025-12-19
Change Report
EDINET
2025-11-20
Large Shareholding Report
TDnet
2025-11-14
Q1 Earnings Flash
FY ending Jun 2026
EDINETAmended
2025-09-29
Amended Annual Securities Report
Period: Jul 2024 – Jun 2025
EDINET
2025-09-25
Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2025-05-15
Q3 Earnings Flash
FY ending Jun 2025
EDINET
2025-02-14
Semi-Annual Securities Report
Period: Jul 2024 – Jun 2025
TDnet
2024-11-14
Q1 Earnings Flash
FY ending Jun 2025
EDINET
2024-09-30
Annual Securities Report
Period: Jul 2023 – Jun 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-14
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-09-29
Annual Securities Report
Period: Jul 2022 – Jun 2023
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