Japan Cash Machine Co Ltd, also known as JCM Global, says its board has approved the acquisition of a “medium- and small-sized recycler/dispenser manufacturing and sales business” operated by Fujitsu Frontech Ltd. The decision was made at a meeting held on Monday, according to a press release.
“Through the acquisition, the company aims to establish a customer base in the commercial market, strengthen its product development capabilities, broaden its product line-up, and further increase its market share,” JCM stated in its Monday announcement.
The company said one of its “priorities”, under a medium-term management plan, is to expand its “overseas commercial market through the development of new products and services that respond to global needs”.
The acquisition price was set at JPY500 million (US$3.1 million), to be paid in cash, as a base amount, the company added.
The firm however said a “certain price adjustment” will be made depending on the “status of the assets” related to the business to be acquired as of the effective date of acquisition, and as such the final amount “has not yet been determined”.
JCM said the deal is scheduled to be completed by July 1, 2026.
“The acquisition will have no impact on the consolidated financial results forecast for the fiscal year ending March 31, 2026,” the company added.
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.
The firm posted a net profit of nearly JPY4.98 billion in the nine months to December 31, 2025, on net sales of JPY23.43 billion.
