Expansion of the Cashless Payments Market
First written in FY2020-Q3. 11 of 18 entries say "Advanced", first in FY2020. Latest entry: 2026-08-13.
3 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「During the interim consolidated accounting period, adoption of the company's cashless platform continued to advance among merchants in sectors and business formats used on a daily basis, and payment processing volume and GMV (payment processing value) expanded steadily.」
It explains that platform adoption continued among merchants in sectors and business formats used on a daily basis, and that payment processing volume and GMV expanded. Revenue increased 16.2% year on year to ¥10,515,437 thousand. - FY2025AdvancedAnnual report
「Credit card payments account for a large portion of the face-to-face cashless payments market. In fiscal 2024, the credit card payment value of the company covered by the research was approximately ¥117 trillion, representing annual growth of approximately 11% (source: Ministry of Economy, Trade and Industry, "Cashless Payment Ratio in 2024 Calculated"), indicating steady market growth.」
It shows market growth in fiscal 2024, when domestic credit card payment value reached approximately ¥117 trillion, representing annual growth of approximately 11%. - FY2024-Q2AdvancedAnnual report
「The payment volumes of many merchants generally tend not to increase significantly from the first quarter to the second quarter of the fiscal year because of seasonal factors. During the second quarter of the fiscal year under review, however, the increase in inbound demand accompanying the rise in visitors to Japan provided additional support, and the company's key KPIs, payment processing volume and GMV (payment processing value), expanded steadily from the first quarter.」
It explains that payment processing volume and GMV expanded from the previous quarter, exceeding the usual seasonal slowdown, against a backdrop of the increase in visitors to Japan and inbound demand. - FY2024-Q1AdvancedAnnual report
「During the first quarter of the fiscal year under review, GMV (payment processing value) increased across many merchant sectors using the company's face-to-face cashless payments platform, driven by expanded consumption during the year-end shopping season and the steady increase in the number of payment terminals in operation, which the company considers important. The number of visitors to Japan also continued to increase during the first quarter of the fiscal year under review, and inbound demand is believed to have made a certain contribution. As a result, the company's key KPIs, payment processing volume and GMV (payment processing value), expanded steadily.」
It explains that merchant GMV and the key KPIs of payment processing volume and GMV expanded against a backdrop of the year-end shopping season, an increase in terminals in operation and an increase in visitors to Japan. - FY2023AdvancedAnnual report
「The credit card transaction volume of the company covered by the research reached approximately ¥84 trillion in fiscal 2022, representing annual growth of approximately 17.3% (source: Ministry of Economy, Trade and Industry, "Current Survey of Selected Service Industries"). The market is recovering steadily after emerging from the negative impact of COVID-19.」
It describes the market recovery, with domestic credit card transaction volume reaching approximately ¥84 trillion and annual growth of approximately 17.3%. It also explains the recovery in merchants and the payments market against a backdrop of the recovery in inbound demand and reopening. - FY2023-Q3AdvancedAnnual report
「In the face-to-face cashless payments market in which the company operates, payment volumes increased across many merchant sectors. The number of visitors to Japan also continued to recover, and inbound demand is believed to have made a certain contribution. As a result, the company's key KPIs, payment processing volume and value, expanded steadily.」
It explains that the face-to-face cashless payments market, inbound demand from visitors to Japan, and the key KPIs of payment processing volume and value continued to expand. - FY2023-Q2AdvancedAnnual report
「As the impact of COVID-19 waned and efforts to normalize economic activity accelerated, payment volumes steadily increased among merchants using the company's payments platform. The number of visitors to Japan also continued to recover, and inbound demand is believed to have made a certain contribution.」
It explains that merchant payment volumes increased against a backdrop of the waning impact of the infectious disease, the normalization of economic activity and the recovery in visitors to Japan. - FY2023-Q1AdvancedAnnual report
「In the face-to-face cashless payments market in which the company operates, payment volumes increased across many merchant sectors. The number of visitors to Japan also continued to recover, and inbound demand is believed to have made a certain contribution. As a result, the company's key KPIs, payment processing volume and value, expanded steadily.」
Despite the emergence of the eighth wave, payment volumes increased across many merchant sectors against a backdrop of year-end shopping, the normalization of economic activity and the recovery in visitors to Japan. Payment processing volume and value also expanded steadily, it explains. - FY2022-Q3Recovery in payment volume following the lifting of priority preventive measuresAnnual report
「During the third quarter of the fiscal year under review (April to June 2022), initial revenue, mainly from payment terminal sales, expanded. Stock-based revenue, comprising stock, fee and spread revenue, also accumulated steadily, mainly as a result of the increase in the number of payment terminals in operation and the recovery in payment volumes among merchants, particularly restaurants and travel and leisure businesses, following the lifting of the priority preventive measures related to COVID-19 issued in January 2022.」
It explains that payment volumes recovered among merchants, particularly restaurants and travel and leisure businesses, following the lifting of the priority preventive measures. The explanation of market expansion now also includes the recovery phase following the lifting of restrictions. - FY2022-Q1RestatedAnnual report
「The face-to-face cashless payments market continues to expand steadily.」
It reconfirms that the face-to-face cashless payments market continues to expand steadily. - FY2021Temporary contraction of the overall market alongside the company's expansionAnnual report
「The credit card transaction volume of the company covered by the research was approximately ¥63 trillion in 2020 (source: Ministry of Economy, Trade and Industry, "Current Survey of Selected Service Industries"), down approximately 5% year on year.」
While Japan's domestic credit card market declined approximately 5% year on year amid the COVID-19 pandemic, the company's number of payment terminals, payment processing volume and payment processing value increased 71.8%, 105.5% and 86.8%, respectively, from the previous fiscal year, indicating that overall market trends and the company's expansion coexisted. - FY2021-Q3RestatedAnnual report
「In addition to the continued expansion of the face-to-face cashless payments market as a safe payment method, payment terminal sales progressed steadily.」
It reconfirms the continued expansion of the face-to-face cashless payments market as a factor behind the increase in revenue this quarter. - FY2021-Q2RestatedAnnual report
「In addition to the steady expansion of the face-to-face payments market, sales of payment terminals performed well.」
It reconfirms the expansion of the face-to-face payments market and strong terminal sales as factors behind the increase in revenue this quarter. - FY2021-Q1RestatedAnnual report
「In the face-to-face payments market in which the Group operates, the number of merchants introducing cashless payments has increased against a backdrop of government-led promotion of cashless payments and the diversification of cashless payment methods. Cashless payments have also benefited from their role as a safe payment method during the COVID-19 pandemic, and payment volumes have been trending upward.」
The explanation of market expansion through increases in merchant adoption and payment volumes has been reiterated, as in the previous quarterly report. - FY2020AdvancedAnnual report
「Domestic credit card usage has grown substantially. The credit card transaction volume of the company covered by the research was ¥66 trillion in 2019 (source: Ministry of Economy, Trade and Industry, "Current Survey of Selected Service Industries"), representing approximately 10% growth year on year.」
It presents specific market data on the expansion of the cashless payments market, including credit card transaction volume of ¥66 trillion and approximately 10% year-on-year growth. It also cites government targets, such as achieving a cashless payments ratio of approximately 40% by June 2027, as part of the business environment. - FY2020-Q3First statedAnnual report
「The number of merchants introducing cashless payments has increased against a backdrop of government-led promotion of cashless payments and the diversification of cashless payment methods. Cashless payments have also benefited from their role as a safe payment method during the COVID-19 pandemic, and payment volumes have been trending upward.」
The increase in merchant adoption and payment volumes is described as a fact concerning the business environment.