JAPAN CASH MACHINE CO.,LTD.
6418・Prime Market・Machinery
Global Gaming
Largest segment centered on bill validators and printers for casinos
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment net sales (FY2026, ending March 2026) | ¥21,471 million | ¥21,477 million | — |
| Segment profit (FY2026, ending March 2026) | ¥5,016 million | ¥4,368 million | ↑ |
| Segment assets (end of FY2026, ending March 2026) | ¥22,559 million | ¥21,507 million | ↑ |
| Segment profit margin (FY2026, ending March 2026) | 23.4% | 20.3% | ↑ |
| Major customer net sales (Aristocrat Technologies Inc., FY2025, ended March 2025) | ¥4,330 million | － | — |
Business Details
Sells bill validator units, bill recycler units, printer units and other products for installation in gaming equipment to casino halls and OEM customers. North America (the United States) is the primary market, capturing capital expenditure demand from casino hotels. Major customers include Aristocrat Technologies Inc. (net sales of ¥4,330 million in FY2025 (ended March 2025)), and the segment accounts for 68.0% of consolidated net sales (FY2026 (ending March 2026)), making it the core segment of the group.
Recent Overview
Solid North America demand improved profit margin, absorbing Europe decline to keep sales roughly flat
In FY2026 (ending March 2026), demand from casino hotels in the North American region remained solid, and sales of bill validator units and printer units increased. On the other hand, sales to the European region declined amid a sense of economic slowdown. As a result, segment net sales were nearly flat at ¥21,471 million (down 0.0% year on year). On the profit side, improved profitability associated with increased North American sales contributed, and segment profit improved substantially to ¥5,016 million (up 14.8% year on year).
Key Products
Growth Drivers
- Continued robust capital expenditure demand at casino hotels in North America (the United States)
- Improved profit margin through an improved, more profitable product mix
- Expansion of sales to OEM customers (such as Aristocrat Technologies Inc.)
- Booming casino hotel activity against a backdrop of expanding global travel demand
- Expanded sales of mainstay products (bill validators and printer units) in the North American market
Risks
- Decline in sales to the European region (continued weak demand amid economic slowdown)
- Uncertainty in demand due to prolonged geopolitical risks (such as Middle East conditions)
- Impact on market conditions from changes in U.S. trade policy
- Foreign exchange risk (the majority of net sales are denominated in U.S. dollars and euros)
- Dependence on sales to a specific OEM customer (Aristocrat Technologies Inc. accounted for approximately 11.4% of consolidated net sales in the previous fiscal year)
Last updated: June 23, 2026