• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

JCM swings to yearly profit as revenue grows 18pct

May 30, 2022 Newsdesk Industry Talk, Japan, Latest News  


JCM swings to yearly profit as revenue grows 18pct

Japan Cash Machine Co Ltd, also known as JCM Global, reported a net profit of JPY605.4 million (US$4.8 million) for its financial year ended March 31. That compares to a net loss of JPY7.56 billion a year earlier, the firm said in an English language version of its quarterly report, published recently.

JCM, a firm listed on the Tokyo Stock Exchange, makes machines that validate banknotes and handle currency, casino printers and other gaming hardware-related devices.

The company reported net sales of JPY20.04 billion in the 12-month period, up 17.8 percent from the prior-year period. Operating income for the period reached JPY568.6 million, compared to an operating loss of nearly JPY2.59 billion a year earlier.

JCM said it would pay a dividend of JPY5.0 per share for the financial year ended March 31, representing a total amount of JPY148 million.

Sales in the group’s global gaming business increased by 25.0 percent year-on-year to JPY10.09 billion. That was mainly due to an increase in activity in the U.S. gaming market, which JCM describes as its “main market”. “The U.S. gaming market continued to be more active than before Covid-19,” said the company, “due in part to progress in vaccination and easing of restrictions on admission to casino facilities.”

JCM said also that casino operators’ “willingness… to invest in equipment recovered significantly” during its latest financial year.

The group’s gaming business includes the sales of bill validators, recyclers and printers for casinos and original equipment manufacturers.

Income for the segment was nearly JPY1.48 billion in the 12 months to March 31, compared to a net loss of JPY486.5 million in the prior-year period.

JCM said also that it conducted “aggressive sales activities” for cashless systems and products related to the “expansion and promotion of contactless and non-face-to-face operations.”

In April, JCM said it had integrated its Fuzion system and iVizion bill validator with the “VIP Mobility cashless gaming solution” of Global Payments Gaming Solutions, a division of Global Payments Inc.


  • tweet
Related articles
  • Ainsworth to align financial year reporting with Novomatic
    Ainsworth to align financial year...

    Jun 02, 2022  

  • JCM posts US$8.7mln profit in Apr-Dec 2021 period
    JCM posts US$8.7mln profit in Apr-Dec...

    Feb 11, 2022  

More news
  • Universal hopes Okada Manila biz listed before Sept 30
    Universal hopes Okada Manila biz listed...

    Jun 30, 2022  

  • 5-casino Thai market ok says National Assembly committee
    5-casino Thai market ok says National...

    Jun 30, 2022  


Latest News

Universal hopes Okada Manila biz listed before Sept 30

Universal hopes Okada Manila biz listed before Sept 30

Jun 30, 2022  

Universal Entertainment Corp said in a Wednesday statement it hoped to get the Okada Manila casino operation listed in the United States even before a new September 30 deadline agreed with 26 Capital...
Read More
5-casino Thai market ok says National Assembly committee

5-casino Thai market ok says National Assembly committee

Jun 30, 2022  

2nd tower at Sheraton to be used for Macau Covid fight

2nd tower at Sheraton to be used for Macau Covid fight

Jun 30, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"During our six years in office, we were able to record more than PHP300 billion [in revenue]"

Andrea Domingo

Chairman of the Philippines’ gaming regulator Pagcor



Most Popular

  • Macau casino Covid tests from Fri, ops pay for staff testsMacau casino Covid tests from Fri, ops pay for staff tests June 28, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us