TOKYO, Jun 04 (Pulse News Wire) – Aeroedge Co.,ltd (7409.T) completed its acquisition of Ono Plant Co., Ltd. on May 20, 2026, making it a wholly-owned subsidiary.
Ono Plant, based in Tochigi, Kawachi Gun Kaminokawa Machi Ooaza Takou2,570-2, specializes in machining parts for aircraft bodies and manufacturing components for semiconductor and LCD production equipment. It has a capital of ¥14 million and was established on April 02, 1962, though its official registration date is February 20, 2019. In conjunction with the acquisition, AeroEdge appointed a new management team for Ono Plant. Masahiro Aizawa remains as the representative director, while Shun Morinishi, Kishi Imazu, Takuya Honda, and Hisao Okamura join as directors and auditor respectively.
This move ensures continuity and stability in operations while aligning the subsidiary's strategic direction with the parent company’s goals. Following the acquisition, Ono Plant will be integrated into AeroEdge's consolidated financial statements starting from the fourth quarter of the fiscal year ending June 2026. Only the balance sheet will be included initially, with both the balance sheet and income statement being consolidated from the first quarter of the fiscal year ending June 2027 onwards. The impact on AeroEdge's standalone performance for the fiscal year ending June 2026 is expected to be minor, with future forecasts focusing solely on consolidated results.
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