Komori
Restar (3156) · InitiativeWorsened

Establishing a joint venture for cashless and security terminals

First written in FY2020-Q3. 6 of 9 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2026.

9entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020-Q3AdvancedFY2022-Q1 – FY20232020: 120202021: 120212022: 320222023: 220232024: 020242025: 020252026: 22026
Same theme, other companies
Conversion of the cashless payment and security terminal business into a joint ventureA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「Goodwill in the Systems Solutions Business, which forms part of the Systems BU, arose when control of Card Service was acquired. A comparison of the business plan and actual results for the overseas-made cashless payment terminal business at the time of acquisition identified an indication of impairment because the expected cash flows had not been achieved.」

    In the cashless terminal business, the company failed to generate the cash flows assumed at the time of acquisition and recorded an impairment loss of ¥406 million on goodwill.
  2. 2026-06-04WorsenedGeneral Meetings of Shareholders

    「Goodwill in the Systems Solutions Business, which forms part of the Systems BU, arose when control of Card Service was acquired. A comparison of the business plan and actual results for the overseas-made cashless payment terminal business at the time of acquisition identified an indication of impairment because the expected cash flows had not been achieved.」

    キャッシュレス・セキュリティ端末の取り組みについて、買収時に見込んだキャッシュ・フローを得られず、のれんの減損損失406百万円を計上している。
  3. FY2023AdvancedAnnual report

    「The Systems Equipment Business posted higher revenue due to increased sales of overseas-made payment terminals following the consolidation of カードサービス株式会社 as a consolidated subsidiary and increased demand for My Number personal authentication products and office access control terminals.」

    The cashless and security terminal initiatives have progressed through the acquisition of Card Service as a subsidiary and increased sales of My Number authentication and access-control terminals.
  4. FY2023-Q3AdvancedAnnual report

    「The Systems Equipment Business recorded higher revenue due to increased sales of overseas-made payment terminals following Card Service's inclusion as a consolidated subsidiary, as well as increased demand for office access-control terminals and My Number personal identification products.」

    Regarding cashless and security terminal initiatives, sales of overseas-made payment terminals, access-control terminals and My Number authentication products have continued to expand following Card Service's inclusion as a consolidated subsidiary. Systems Equipment revenue was ¥2,946 million, up 69.0% year on year.
  5. FY2023-Q2AdvancedAnnual report

    「The Systems Equipment Business posted higher revenue due to increased sales of overseas-made payment terminals following the consolidation of カードサービス株式会社 as a consolidated subsidiary and increased demand for office access control terminals.」

    Regarding initiatives for cashless and security terminals originating with 株式会社レスターキャステック, the report describes increased sales of overseas-made payment terminals following Card Service's inclusion as a consolidated subsidiary.
  6. FY2023-Q1AdvancedAnnual report

    「The Systems Equipment Business posted higher revenue due to increased demand for access control security terminals and payment terminals for vending machines as office attendance gradually recovered, as well as higher sales of overseas-made payment terminals following the consolidation of カードサービス株式会社 as a consolidated subsidiary.」

    The report describes progress from initiatives conducted through 株式会社レスターキャステック to making Card Service a consolidated subsidiary and increasing sales of overseas-made payment terminals.
  7. FY2022-Q3AdvancedAnnual report

    「The company decided to acquire shares in the company after determining that, in the cashless equipment market served by its subsidiary 株式会社レスターキャステック using contactless technology, it could provide higher-quality, higher-value-added products together with Card Service and CS Logi, and create synergies with the broad range of businesses operated by its group.」

    To create synergies with 株式会社レスターキャステック's cashless equipment business, the company planned to acquire 66.8% of Card Service and 85.0% of CS Logistics on 16 February 2022 and make them subsidiaries.
  8. FY2022-Q1AdvancedAnnual report

    「The company acquired all shares of 株式会社レスターキャステック held by あいホールディングス株式会社 effective 30 April 2021.」

    In the cashless and security terminal business, the company progressed to the stage of acquiring all shares of the joint-venture company 株式会社レスターキャステック.
  9. FY2020-Q3First statedAnnual report

    「To further promote cashless payments, the Systems Equipment Business agreed to establish a joint venture with キヤノン電子株式会社, which has development and manufacturing technologies in the fields of handheld terminals and payment terminals, and あいホールディングス株式会社, which operates a diverse range of businesses centred on security equipment and network technologies and has extensive distribution channels. 株式会社レスターキャステック commenced operations as a new company in January 2020.」

    To promote cashless payments, the company agreed to establish a joint venture with キヤノン電子 and あいホールディングス, and launched 株式会社レスターキャステック in January 2020.
Moved together

"Strengthening Sony semiconductor and electronic component operations" moved the same way as this thread, in the same document, in 6 of its 9 moves.

666544★123456
  1. ★This thread
  2. 1Strengthening Sony semiconductor and electronic component operations6×
  3. 2Expansion of New-Normal Businesses and Digitalization Projects for Public- and Corporate-Sector Customers6×
  4. 3Expanding the procurement business across markets and creating new business models6×
  5. 4Making PALTEK Corporation a subsidiary and entering into a capital and business alliance5×
  6. 5Expansion of high-value-added businesses, including EMS at the Company's own factories4×
  7. 6Higher net sales and operating profit, but lower ordinary profit and net income4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Restar's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-06-04: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Establishing a joint venture for cashless and security terminals | Restar Corporation (3156) | Komori