Slowing cashless-payment market growth and changes in government policy
First written in FY2023. 1 of 4 entries say "Restated". Latest entry: FY2026-H1.
2 other companies' latest entry also says "Other".
- FY2026-H1Penetration and government targets updatedAnnual report
「According to the calculation results published by the Ministry on 31 March 2026, the cashless-payment ratio reached 58.0% in 2025 and continued to trend upward, supported by wider adoption at small and midsized stores and service businesses. The policy is to target approximately 65% by 2030, and cashless-payment adoption is expected to advance further.」
States that the 2025 cashless-payment ratio was 58.0% and that the government aims for approximately 65% by 2030. - FY2025Government indicators and growth targets updatedAnnual report
「Based on a new calculation methodology published by the Ministry of Economy, Trade and Industry on 26 December 2025, the cashless-payment ratio in 2024 was 51.7%. The policy is to target 65% by 2030 and continue to aim for 80% over the longer term by promoting adoption at small and midsized restaurants, clinics and other businesses.」
Adds the new methodology and government policy targets of 51.7% for 2024, 65% by 2030 and 80% longer term. - FY2024RestatedAnnual report
「If the market contracts because of slower growth or a change in government policy, or if it falls below the Company's growth forecast, lower cashless-payment volume and other factors could affect the Company's results.」
Reiterates the risk of slower cashless-market growth or a change in government policy and responses such as business-plan monitoring. - FY2023First statedAnnual report
「If the market contracts because of slower growth or a change in government policy, or if it falls below the Company's growth forecast, lower cashless-payment volume and other factors could affect the Company's results.」
Response measures include monitoring the business plan, identifying warning signs and diversifying revenue sources within the fintech business.