Gaming technology supplier Japan Cash Machine Co Ltd says it completed on July 1 the acquisition of the medium- and small-sized banknote recycler and dispenser manufacturing and sales business of Fujitsu Frontech Ltd.
The gaming supplier, also known as JCM Global, said in a press release issued on Wednesday that it had already started operating the acquired business.
“Under its medium-term management plan, ‘JCM Global Vision 2032’, JCM is pursuing the further expansion of its global commercial business as one of its key strategic initiatives,” the company stated.
Referring to the Fujitsu Frontech acquisition, it added: “Through this business acquisition, JCM aims to further strengthen its presence in the commercial market by expanding its customer base and product portfolio, while leveraging its global sales network to create new business opportunities.”
The deal was announced in March this year. At the time, JCM said the business being acquired had generated revenue of JPY7.14 billion (US$43.9 million) in the 12 months ended March 31, 2025.
According to the March announcement, the base acquisition price was set at JPY500 million.
JCM, which is listed on the Tokyo Stock Exchange, manufactures banknote validation and currency-handling machines, as well as printers for casino gaming machines and other gaming hardware-related devices.
JCM Global reported a net profit of just over JPY4.69 billion for the financial year ended March 31, 2026, on net sales of JPY31.56 billion, down 16.6 percent year-on-year. The company said in May that it had revised its dividend policy to target a consolidated dividend payout ratio of 50 percent or more.
