Aero Egde

Aero Egde

April 10th, 2018News Release
AeroEdge raised JPY 2.2 billion through Third-Party Allocation of New Shares

AeroEdge raised JPY 2.2 billion through Third-Party Allocation of New Shares
~Establishing a presence in a global market for aircraft engine parts~

 AeroEdge Co., Ltd. (HQ: Ashikaga, Tochigi , Japan) allocated new shares to a third-party, a total of 6 companies, including Toyota Tsusho Corporation , Development Bank of Japan Inc., Fukuoka Capital Partners Co. Ltd, The Ashikaga Bank. Ltd, Mebuki Financial Group, Inc., and JA Mitsui Leasing, Ltd. This capital increase adds up to about 2.2 billion JPY.

 With this fundraising, we aim to establish the presence in the global market by reinforcing the production system in order to respond to the increase in demand, reflecting the worldwide expansion of aircraft market, for our main products, the low pressure turbine blades. We will establish even more sophisticated mass-production system integrating hardware and software to maximize profitability of the business. The new system will include appropriate automation process and smart infrastructure.


 Moreover, we will aggressively invest in the state of the art machines to expand our new business, especially in Europe and the United States, globally meeting to customer needs and maintaining competitive advantage, as well as in the development of human resource. The strategic R&D activities will include the study of future technologies such as additive manufacturing (AM) or 3D printing technology and the data analytics. We will also fully utilize the investers’ global networks and intangible assets towards the future growth.