The coexistence of customer base expansion and declining profitability in the cashless business
First written in FY2022-Q3. 9 of 12 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-10-15.
3 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「As a result, revenue in the cashless services business during the interim consolidated accounting period was ¥1,925,108 thousand, up 2.1% year on year, and segment profit was ¥463,560 thousand, up 11.6%.」
Revenue in the cashless services business increased 2.1% year on year and segment profit increased 11.6%, indicating that improvements in the business scale and profitability are continuing. - FY2025-H1AdvancedAnnual report
「As a result, revenue in the cashless services business for the six-month interim consolidated accounting period was ¥1,884.860 million, up 15.4% year on year, including ¥0.221 million in intersegment sales, and segment profit was ¥415.339 million, up 28.6%.」
Revenue in the cashless services business increased 15.4% year on year and segment profit increased 28.6%, indicating that expansion of the business scale and improved profitability are continuing. - FY2024-Q2AdvancedAnnual report
「As a result, revenue in the cashless services business for the six months ended the second quarter was ¥1,633.168 million, down 14.6% year on year, and segment profit was ¥322.923 million, up 23.9%.」
Although revenue in the cashless services business declined year on year, segment profit was ¥322.923 million, up 23.9%, indicating that the improvement in profitability is continuing. - FY2024-Q1AdvancedAnnual report
「As a result, revenue in the cashless services business for the three months ended the first quarter was ¥872.003 million, down 18.5% year on year, and segment profit was ¥161.708 million, up 72.6%.」
Although revenue in the cashless services business declined year on year, segment profit was ¥161.708 million, up 72.6%, providing quantitative disclosure of the improvement in profitability. - FY2023-Q3Tangible improvement in profitabilityAnnual report
「As a result, revenue from the business for the nine months ended the third quarter was ¥2,811.409 million, and segment profit was ¥444.017 million.」
In addition to explaining that orders, revenue and profit in the cashless services business have progressed steadily since the business integration, the company disclosed revenue of ¥2,811.409 million and segment profit of ¥444.017 million. - FY2023-Q1Improved profitability after integrationAnnual report
「In addition, the benefits of the business integration between the company and its consolidated subsidiary 株式会社バリューデザイン are gradually emerging, with orders, revenue and profit progressing steadily.」
The company states that, although expansion of the customer base and declining profitability had coexisted in the cashless business through the previous quarter, orders, revenue and profit have progressed steadily since consolidation and business integration. - FY2022-Q3First statedAnnual report
「As a result, revenue from the service for the nine months ended the third quarter was ¥342.171 million, down 47.8% year on year, and segment profit was ¥9.481 million, down 97.5%.」
Although the number of customers, end users and transaction value increased, revenue and segment profit in the cashless services business declined substantially year on year.