The 4–5-year replacement cycle for payment systems and the outlook for a recovery in demand
First written in FY2023-Q3. 4 of 11 entries say "Restated". Latest entry: FY2026.
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- FY2026AdvancedAnnual report
「Payment integration business ¥1,190.888 million 135.08% ¥380.131 million 92.87%」
Orders received in the payment integration business amounted to ¥1,190.888 million, or 135.08% of the previous fiscal year. The order backlog was ¥380.131 million, or 92.87% of the previous fiscal year. - FY2025AdvancedAnnual report
「The Company experienced a significant fluctuation in order intake during the current fiscal year. This was due to the payment integration business winning a large project.」
The payment integration business won a large project, resulting in order intake of ¥881.621 million and an order backlog of ¥409.306 million. Order intake was 189.93% of the previous fiscal year's level, and the order backlog was 164.50%. - FY2024-Q3RestatedAnnual report
「In line with the conversion to credit IC technology promoted by the Ministry of Economy, Trade and Industry in 2020, large and medium-sized merchants were converted to IC technology at once. The Company is working to win replacement projects from customers that implemented systems at that time.」
The Company continues efforts to win replacement projects from customers that previously implemented systems as part of the conversion to credit IC technology. - FY2024-Q2RestatedAnnual report
「In line with the conversion to credit IC technology promoted by the Ministry of Economy, Trade and Industry in 2020, large and medium-sized merchants were converted to IC technology at once. The Company is working to win replacement projects from customers that implemented systems at that time.」
The Company continues efforts to win replacement projects from customers that previously implemented systems as part of the conversion to credit IC technology. - FY2024-Q1AdvancedAnnual report
「In the payment integration business, the Company won a large replacement project from a major business partner, and both equipment sales and contract development performed well.」
In connection with the outlook for a recovery in demand for payment-system implementation and replacement, the Company states that it actually won a large replacement project from a major business partner. - FY2023RestatedAnnual report
「Because payment systems are generally implemented or replaced every 4 to 5 years, the Company expects demand to gradually increase going forward. It expects revenue to rise from the acquisition of new member stores beginning in the following fiscal year and continues to invest in research and development and equipment toward that end.」
The Company reconfirms its view that the payment-system implementation and replacement cycle is 4 to 5 years and that new member-store acquisitions and revenue growth are expected from the following fiscal year. - FY2023-Q3First statedAnnual report
「Because payment systems are generally implemented or replaced every 4 to 5 years, the Company expects demand to gradually increase going forward. It expects revenue to rise from the acquisition of new member stores beginning in the following fiscal year and continues to invest in research and development and equipment toward that end.」
The Company views the payment-system implementation and replacement cycle as approximately 4 to 5 years and plans to continue research and development and equipment investment, expecting revenue growth from the acquisition of new member stores beginning in the following fiscal year.