Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of nearly JPY3.81 billion (US$26.1 million currently) in the 12 months to March 31. Such profit was up 16.1 percent year-on-year, the firm outlined in an earnings filing published on Friday.
JCM, a firm listed on the Tokyo Stock Exchange, makes machines that validate banknotes and handle currency, as well as manufacturing printers for casino gaming machines and other gaming hardware-related devices.
The company reported annual net sales of nearly JPY37.82 billion, up 19.6 percent from the prior year.
Operating income for the period stood at JPY4.91 billion, 73.0-percent higher than in the previous year.
JCM declared a dividend of JPY36.0 per share for the fiscal-year end, including a “commemorative” dividend of JPY10.0 apiece in celebration of the company’s 70th anniversary.
Together with an interim dividend of JPY14.0 per share, the company declared an aggregate dividend of JPY50.0 per share for the 12 months to March 31 this year, representing a dividend payout ratio of 35.3 percent, it said.
Sales in the group’s global gaming business rose by 24.3 percent year-on-year in the reporting period, to just under JPY21.48 billion; and segment profit was JPY4.37 billion, up 56.3 percent from a year ago.
The firm said such performance “was driven by an increase in sales following the partial resolution of the supply shortage of our products, which had been particularly pronounced in the first half of the previous fiscal year”.
It added: “Especially in North America, sales of bill validator units for gaming machines increased due to active efforts to encourage the replacement of older models.”
In its Friday statement, JCM said it expects to achieve net sales of JPY31.00 billion for the 12 months to March 31, 2026. The company forecast an operating income of JPY1.40 billion, and annual net profit of JPY3.20 billion.
The company noted it expects to pay JPY40.0 per share as a dividend for the current fiscal year.
JCM expected the business outlook for the fiscal year to March 2026 “to remain uncertain”.
“This is due to continued geopolitical risks and inflationary pressures, which are likely to slow down economic activity overseas, particularly in Europe. In addition, the potential impact of U.S. trade policies poses a downside risk to the global economy,” noted the firm.
It added: “Under these circumstances, in the gaming market, we will strive to maintain and expand our market share in North America by fully leveraging the synergy between newly introduced products that support automation and labour-saving in money-handling processes in the back offices of fully operational casino hotels and our core existing products through proposal-based sales activities.”
In late March, JCM announced the sale of its Tokyo head office building as part of a plan to “improve asset efficiency,” and “strengthen the financial base, and enhance operational efficiency” of the group.
It said at the time that the estimated gain on the transfer was “expected to be approximately JPY3.2 billion,” which would be recorded as “gain on sales of non-current assets” in its consolidated financial statements for the fiscal year ending March 31, 2026.
