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グローリー株式会社 logo

GLORY LTD.

6457・Prime Market・Machinery

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グローリー株式会社 logo
GLORY LTD.6457

Financial Market

Core segment responsible for the manufacture, sale, and maintenance of currency processing equipment for domestic financial institutions

PeriodCurrentPreviousChange
Revenue¥37,062 million¥54,432 million↓
Operating profit¥3,909 million¥7,872 million↓
Operating profit margin10.5%14.5%↓
Depreciation and amortization¥2,424 million¥2,740 million↓

Business Details

This segment serves domestic banks, credit unions (shinkin banks), and OEM customers as its primary clients, providing manufacturing, sales, and maintenance services for currency processing equipment centered on the Open Cash Management System and the Cash & Coin Deposit/Withdrawal Machine (for Teller Counter). Through addressing labor-saving and operational efficiency needs and offering new solutions such as Remote Customer Service, the segment plays a role in supporting the store-level DX (digital transformation) of financial institutions. Glory Ltd., Glory Products Ltd., and Glory NUSCA Co., Ltd., among others, are responsible for the business.

Recent Overview

Revenue and operating profit both declined sharply due to the reversal of large-order demand

In FY2026 (ending March 2026), the Financial Market segment recorded revenue of ¥37,062 million (down 31.9% year on year) and operating profit of ¥3,909 million (down 50.3% year on year), a substantial decline in both revenue and profit. The main cause was a decrease in sales of the flagship products, the Open Cash Management System and the Cash & Coin Deposit/Withdrawal Machine (for Teller Counter), due to the reversal from the prior period, when sales were at a high level driven by large orders. The operating profit margin also declined from 14.5% in the prior period to 10.5%.

Key Products

product
Open Cash Management System

This is the flagship product for domestic financial institutions, a system that achieves labor-saving and efficiency improvements in teller operations. It has the characteristic of significant sales fluctuation depending on the presence or absence of large orders.

product
Cash & Coin Deposit/Withdrawal Machine (for Teller Counter)

This is a cash processing device installed at teller counters of banks, credit unions, and similar institutions. Along with the Open Cash Management System, it is a core product of the Financial Market segment, contributing to revenue through both sales and maintenance.

service
Remote Customer Service

This new solution addresses the needs of financial institutions for branch consolidation and labor savings, aiming to generate recurring-type revenue. It contributes to diversifying the revenue base beyond reliance on product sales.

Growth Drivers

  • Continued rising need among domestic financial institutions for labor-saving and operational efficiency improvements
  • Expansion of sales of new products, such as assisted self-service machines, addressing increasingly diverse store formats
  • Generation of recurring revenue through the provision of new solutions such as Remote Customer Service
  • Expansion of share in emerging markets (in conjunction with products for overseas financial markets)

Risks

  • High dependence on large orders, creating risk of significant performance fluctuation depending on order trends
  • Risk of continued substantial decline in revenue and profit due to the reversal of new banknote-related special demand
  • Medium- to long-term risk of shrinking demand for currency processing equipment as cashless payments become more widespread
  • Risk of declining installed unit numbers due to branch consolidation and accelerating digitalization at financial institutions
  • Structural risk of declining maintenance revenue following the completion of new banknote support work

Last updated: June 25, 2026