Komori
Gamecard Holdings (6249) · RiskWorsened

Impact of declining membership on system usage fee revenue

First written in FY2018. 13 of 18 entries say "Worsened", first in FY2021-Q1. Latest entry: FY2026.

18entries
9years
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019-Q3 – FY2021WorsenedFY2023-Q1 – FY20262018: 120182019: 220192020: 320202021: 120212022: 320222023: 320232024: 220242025: 220252026: 12026
Same theme, other companies
Decline in system usage fee revenue due to a reduction in affiliated storesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「System usage fees 3,903 93.9」

    System usage fee revenue was ¥3,903 million, equivalent to 93.9% of the ¥4,156 million recorded in the year-earlier period. Recurring revenue related to market contraction and the decline in member stores continued to decrease.
  2. FY2026-H1WorsenedAnnual report

    「System usage fees 2,127 1,969」

    System usage fee revenue fell by ¥158 million, from ¥2,127 million in the year-earlier period to ¥1,969 million, and recurring revenue related to market contraction and the decline in member stores continued to decrease.
  3. FY2025WorsenedAnnual report

    「System usage fees 4,156 △8.2」

    System usage fee revenue was ¥4,156 million, down 8.2% year on year. Recurring revenue related to the decline in member stores continued to decrease even as equipment sales and other items increased.
  4. FY2025-H1WorsenedAnnual report

    「System usage fees 2,314 2,127」

    System usage fee revenue fell from ¥2,314 million in the year-earlier period to ¥2,127 million. Recurring revenue continued to decline even as equipment sales increased.
  5. FY2024-Q3WorsenedAnnual report

    「System usage fees 3,672 3,433」

    System usage fee revenue fell by ¥239 million, from ¥3,672 million in the year-earlier period to ¥3,433 million. Recurring revenue related to the decline in member stores continued to decrease even as equipment sales increased substantially.
  6. FY2024-Q2WorsenedAnnual report

    「System usage fees 2,475 2,314」

    System usage fee revenue fell from ¥2,475 million in the year-earlier period to ¥2,314 million. Recurring revenue continued to decline even as equipment sales increased substantially.
  7. FY2024-Q1WorsenedAnnual report

    「System usage fees 1,251 1,165」

    System usage fee revenue fell from ¥1,251 million in the year-earlier period to ¥1,165 million. Recurring revenue related to the decline in member stores continued to decrease even as equipment sales increased significantly.
  8. FY2023-Q3WorsenedAnnual report

    「System usage fees 4,064 3,672」

    System usage fee revenue for the nine months ended 31 December was ¥3,672 million, below the ¥4,064 million recorded in the year-earlier period amid market contraction and a decline in member stores. Recurring revenue continued to decline even as equipment sales increased.
  9. FY2023-Q2WorsenedAnnual report

    「Against this backdrop, although equipment sales increased year on year, the decline in the number of member stores due to market contraction resulted in higher revenue but lower profit.」

    The decline in member stores caused by market contraction has continued, and sales of system usage fees fell from ¥2,734 million in the year-earlier period to ¥2,475 million.
  10. FY2023-Q1WorsenedAnnual report

    「Against this backdrop, although equipment sales increased year on year, the decline in the number of member stores due to market contraction resulted in higher revenue but lower profit.」

    The decline in member stores caused by market contraction has continued, and system usage fees fell from ¥1,380 million in the year-earlier period to ¥1,251 million. The impact of the decline in member stores on revenue is reflected in first-quarter figures.
  11. FY2022RestatedAnnual report

    「If the number of member stores were to decline significantly for any reason, the Group's operating results, financial position and other matters could be affected.」

    It continues to disclose the risk that a decline in member stores could affect fixed system usage fee revenue.
  12. FY2021WorsenedAnnual report

    「In addition to weak appetite for capital investment due to uncertainty about the outlook, the contraction in market size also contributed to equipment sales and system usage fees falling substantially below the previous year.」

    Against a backdrop of weaker appetite for capital investment and a shrinking market, equipment sales and system usage fees fell substantially below the previous year on a full-year basis. Sales of system usage fees were ¥5,408 million, down 15.2% year on year.
  13. FY2021-Q2WorsenedAnnual report

    「Due to circumstances including the continuing uncertainty surrounding the impact of the infectious disease on the operating environment for pachinko halls, operating results for equipment sales, system usage fees and other items were substantially below the previous fiscal year.」

    It states that equipment sales, system usage fees and other items fell substantially below the previous fiscal year against a backdrop of uncertainty surrounding the operating environment for pachinko halls caused by COVID-19.
  14. FY2021-Q1WorsenedAnnual report

    「Due to requests for pachinko halls to suspend operations under the state of emergency declaration and other factors, operating results for equipment sales, system usage fees and other items were substantially below the previous fiscal year.」

    The company expects lower sales of system usage fees due to declining operating rates at member stores and states that equipment sales, system usage fees and other items actually fell substantially below the previous fiscal year. The risk has become more specific in its impact on operating results.
  15. FY2020MaterialisedAnnual report

    「The decline in system usage fee and other revenue caused by the decline in member stores as the market contracts shows no sign of abating.」

    The decline in member stores has continued to materialize as lower revenue from system usage fees and other sources. Sales of system usage fees were ¥6,374 million, down 8.3% year on year.
  16. FY2019MaterialisedAnnual report

    「The decline in revenue from system usage fees and other sources caused by the decline in member stores as the market contracts shows no sign of abating.」

    The decline in member stores has materialized as lower revenue from system usage fees and other sources. Sales of system usage fees were ¥6,950 million, down 8.4% year on year.
  17. FY2019-Q3MaterialisedAnnual report

    「Due to factors including the decline in the number of member stores and intensifying competition with competitors as the market contracted, results were below the previous year as follows.」

    The decline in member stores has actually occurred and is cited, along with market contraction and intensifying competition, as a factor behind operating results falling below the year-earlier period. However, no separate amount is provided for the impact on system usage fee revenue alone.
  18. FY2018First statedAnnual report

    「In return for providing the system, the Group receives a fixed monthly system usage fee from member stores. This revenue is a major source of income for the Group. If the number of member stores were to decline significantly for any reason, the Group's operating results, financial position and other matters could be affected.」

    It separately identifies the risk that a significant decline in member stores could affect operating results and the financial position, since fixed monthly system usage fees from member stores are a major source of revenue.
Moved together

"Declining Sales, Operating Loss and Net Loss Incurred" moved the same way as this thread, in the same document, in 9 of its 18 moves.

988544★123456
  1. ★This thread
  2. 1Declining Sales, Operating Loss and Net Loss Incurred9×
  3. 2Increasing uncertainty in the business environment due to a slowdown in the Chinese economy, a stronger yen, falling share prices and sluggish personal consumption8×
  4. 3Market contraction due to declines in the pachinko player population and number of pachinko halls8×
  5. 4Risk of deferred tax assets becoming unrecoverable due to declining profitability5×
  6. 5Halls’ Preference for Low Prices and Restraint on Capital Investment4×
  7. 6Hall losses and decline in capital investment due to the spread of COVID-194×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Gamecard Holdings's next results are scheduled for 2026-11-12. Read the earnings preview
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