Long-Term Supply Base for Titanium-Aluminum Blades for LEAP
First written in FY2023. 2 of 10 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「We have entered into an agreement with SAFRAN, a major French aircraft engine manufacturer, to supply a certain percentage of the demand for the titanium-aluminium blades installed in LEAP engines, equivalent to 40% of the total volume of titanium-aluminium blades required for SAFRAN’s LEAP engine production. From January 2028, our market share is scheduled to change to the upper 40% range.」
The annual report also confirms the 40% supply commitment under the renewed agreement with SAFRAN and the planned expansion to the upper 40% range from 2028. - 2026-09-07Cited as achievedManagement plan
「Under contracts running through 2034, we supply 40% of the titanium-aluminide blades fitted to LEAP engines.」
The Company reiterated its existing long-term supply contracts and 40% supply share as assumptions underlying its corporate profile and growth strategy. - FY2026-H1AchievedAnnual report
「We have updated the agreement with Safran Aircraft Engines concerning the processing of titanium-aluminide blades to include new materials, as described below.」
The agreement renewal previously presented as planned was completed on 20 November 2025 and formally updated to include new materials. The processing share is 40% through June 2026 and from July 2026, rises to the high-40% range from January 2028, and the new-material share is scheduled to increase in stages from a maximum of 40% to the high-40% range from January 2028. - FY2025RaisedAnnual report
「We have entered into an agreement with major French aircraft engine manufacturer SAFRAN to supply a specified percentage of demand for the titanium-aluminide blades installed in LEAP engines, equivalent to 40% of the total titanium-aluminide blades required for SAFRAN’s LEAP engine production. Market share is scheduled to change to the high-40% range from January 2028.」
In addition to a 40% supply share, the company plans to increase market share to the high-40% range from January 2028. - FY2025-H1AchievedAnnual report
「Against this backdrop, we renewed our supply agreement with French SAFRAN for titanium-aluminide blades in order to establish a stable business platform in the titanium-aluminide blade market for LEAP engines, where medium- to long-term business expansion is expected. As a result, the supply period was extended by 7 years, from 2027 through 2034, and market share increased from 35% to 40%.」
The agreement renewal with SAFRAN, previously presented as planned in the preceding fiscal year, was completed, extending the supply period by 7 years and increasing market share to 40%. - FY2024RaisedAnnual report
「French SAFRAN is increasing LEAP engine production capacity to meet growing aircraft demand. In this context, having evaluated our mass-production track record, productivity-improvement initiatives, quality standards, proposals based on technology development and the organizational structure supporting them, SAFRAN plans to enter into an amended agreement with us in October 2024 covering an extension of the supply period and an increase in market share. The amendment will take effect on 1 July 2024.」
The planned amendment to the Safran agreement would extend the supply period through 31 December 2034 and increase market share from 35% to 40%. - FY2024-Q3AdvancedAnnual report
「As a result, sales volumes of titanium-aluminide blades during the cumulative third quarter increased only slightly year on year, while the number of engines fitted with our blades (number of blades sold ÷ number of blades fitted per LEAP engine) was 421, up 3.7% from the previous fiscal year.」
The number of engines fitted with the LEAP titanium-aluminide blades was 421, up 3.7% from the previous fiscal year. Sales volumes increased only slightly year on year. - FY2024-Q2AdvancedAnnual report
「As a result, sales volumes of titanium-aluminide blades during the cumulative second quarter increased slightly year on year, while the number of engines fitted with our blades (number of blades sold ÷ number of blades fitted per LEAP engine) remained at 267, up 1.9% from the previous fiscal year.」
Sales volumes of titanium-aluminide blades for LEAP increased slightly year on year, and the number of engines fitted with the blades was 267, up 1.9% from the previous fiscal year. - FY2024-Q1RestatedAnnual report
「The number of engines fitted with our titanium-aluminide blades (number of titanium-aluminide blades sold ÷ number of titanium-aluminide blades fitted per LEAP engine) was 146, down 1.4% year on year.」
Quarterly sales of the core LEAP product were disclosed. The number of engines fitted with the blades was 146, down 1.4% year on year. - FY2023First statedAnnual report
「We have entered into an agreement with major French aircraft engine manufacturer SAFRAN to supply, generally at a fixed price, 35% of demand for the titanium-aluminide blades installed in LEAP engines.」
The core product is supplied for LEAP engines, with the agreement with Safran establishing a business structure in which the company supplies 35% of demand.