Japan Cash Machine Co Ltd, also known as JCM Global, posted a net profit of nearly JPY4.98 billion (US$31.7 million) in the nine months to December 31, 2025. The profit was up 21.5 percent year-on-year, “mainly due to the recording of a gain on the sale of non-current assets as extraordinary income” in the July to September period, the firm said in an earnings report published on Friday.
The company reported net sales of JPY23.43 billion for April to December, down 22.7 percent from a year earlier.
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.
Net sales in the group’s global gaming business declined by 3.7 percent year-on-year in the nine months to December 31, to just over JPY15.79 billion. The company said that “continued strong sales of bill validator units for gaming machines in North America” supported performance, while sales to Europe “declined”.
Segment profit was approximately JPY3.86 billion, up 7.3 percent from a year earlier, “primarily due to increased sales of high-margin products,” JCM said.
“In the global gaming market, which is the group’s primary market, sales of its core products remained at a high level,” the firm added. “This was supported by steady demand from casino hotels and other facilities in the North American region.”
In a separate announcement on Friday, JCM revised its forecasts for its 2026 fiscal year.
JCM said it still expects to achieve net sales of JPY31.00 billion for the 12 months to March 31, 2026. The company now forecasts operating income of JPY2.60 billion and annual net profit of JPY5.00 billion.
That compares with its previous estimates of operating income of JPY1.40 billion and annual net profit of JPY3.20 billion.
“Although net sales in the equipment for the amusement industry segment are below the initial forecast, overall net sales have generally been in line with the initial forecast, supported by increased sales of high-margin products, such as bill validator units for gaming machines, particularly for the North American market in the global gaming segment,” JCM said.
“As a result, operating profit is expected to exceed the previously announced forecast,” it said, adding that foreign exchange gains are also expected to contribute to higher profits than previously anticipated.


