Initiatives toward Cashless Payments
First written in FY2020-Q3. 1 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2Ongoing impact of the end of cashless-payment windfall demandAnnual report
「Revenue declined year on year, partly due to the impact of the end of the windfall demand generated by the cashless-payment points-rebate program, which continued through the end of June of the previous year.」
The company continues to identify the end of the windfall demand from the cashless-payment points-rebate program as a factor behind the decline in revenue from BPO and payment services. - FY2022-Q1End of cashless-payment windfall demandAnnual report
「Revenue declined year on year due to the end of the windfall demand generated by the cashless-payment points-rebate program,」
Regarding cashless payments, the company states that the end of the windfall demand generated by the points-rebate program became a factor behind the decline in revenue from BPO and payment services. - FY2020AdvancedAnnual report
「For the provision of BPO (business process outsourcing), payment agency and other services, revenue was ¥183.723 million, up 10.8% from the previous fiscal year, and segment profit was ¥29.613 million, compared with a segment loss of ¥4.936 million in the previous fiscal year, as revenue from recurring transactions was secured and services were provided in response to demand for cashless payments.」
The company undertook outsourced operations to meet demand for cashless payments and describes concrete progress, namely increased revenue and a return to profitability in its BPO and services business. - FY2020-Q3First statedAnnual report
「As the company undertook initiatives related to cashless payments, a national policy priority,」
As a new initiative in its various services, including BPO and payment services, the company describes its response to cashless payments separately for the first time in a clearly identifiable manner.