Global Gaming: Expanding Sales and Profit

「Sales of banknote validator units and printer units for gaming machines increased amid solid demand in North America, while sales to Europe declined. As a result, segment revenue edged down 0.0% year on year to ¥21,471 million. Segment profit increased 14.8% to ¥5,016 million, supported by higher sales in North America, the segment's core market.」

「Sales of banknote validator units and printer units for gaming machines increased amid solid demand in North America, while sales to Europe declined. As a result, segment revenue edged down 0.0% year on year to ¥21,471 million. Segment profit increased 14.8% to ¥5,016 million, supported by higher sales in North America, the segment's core market.」

「Although sales of banknote validator units for gaming equipment in North America remained high, lower sales to Europe, among other factors, resulted in segment revenue of ¥9,778 million, down 8.5% year on year, and segment profit of ¥2,214 million, down 3.2%.」

「Higher sales of banknote validator units and printer units for casino gaming machines in North America and Europe, among other factors, resulted in segment revenue of ¥10,684 million, up 63.6% year on year, and segment profit of ¥2,287 million, up 112.6%.」

「Strong demand for the segment's core products, banknote validator units and printer units, resulted in revenue of ¥11,597 million, up 3.8% year on year, and segment profit of ¥1,927 million, up 45.7%.」

「Although demand for the segment's core products, banknote validator units and printer units, remained strong, the segment was affected by supply shortages of some products due to difficulties in procuring components. Revenue was ¥6,531 million, down 7.7% year on year. Meanwhile, segment profit increased 6.0% year on year to ¥1,075 million, due to lower transportation and other costs.」

「Although demand for the segment's core products, banknote validator units and printer units, remained strong, temporary supply shortages caused by difficulties in procuring electronic components, including semiconductors, resulted in revenue of ¥2,663 million, down 24.2% year on year, and segment profit of ¥291 million, down 49.3%.」

「Capital investment demand increased as casinos and other facilities in North America and Europe remained active, substantially increasing sales of the Company's core products, including banknote validator units and printers. Segment revenue therefore increased to ¥14,583 million, up 44.5% from the previous consolidated fiscal year, and segment income increased to ¥1,646 million, up 11.6%.」

「As customer traffic increased in the gaming markets of both North America and Europe, sales of the Company's products increased substantially. As a result, segment revenue was ¥11,171 million, up 60.1% year on year, and segment income was ¥1,322 million, up 7.8%.」

「As customer traffic increased in gaming markets such as North American casinos, demand for the Company's products recovered and expanded noticeably. In addition, while concerns remained about delivery delays due to component shortages and other factors, the Company prioritized product deliveries. As a result, segment revenue was ¥7,073 million, up 71.4% year on year, and segment income was ¥1,015 million, up 34.1%.」

「Sales of banknote validator units and printer units increased substantially in both North America and Europe, resulting in segment revenue of ¥3,516 million, up 92.6% year on year, and segment income of ¥575 million, up 73.7%.」

「The recovery trend in customer demand for capital investment continued alongside the rapid recovery of the U.S. gaming market. As a result, sales of the Company's products increased, generating segment revenue of ¥6,976 million, up 15.9% year on year, and segment income of ¥1,226 million, compared with a segment loss of ¥382 million in the previous year.」

「The U.S. gaming market achieved a rapid recovery, and customers' appetite for capital investment was steadily recovering. As a result, sales of the Company's products increased, generating segment revenue of ¥4,127 million, up 2.5% year on year. In addition, efforts to restrain selling, general and administrative expenses related to marketing activities resulted in segment income of ¥757 million, compared with a segment loss of ¥408 million in the previous year.」

「Although some Western countries showed signs of increased economic activity, this had not yet spread to capital investment in the gaming market, and sales of the Company's products remained sluggish. As a result, segment revenue was ¥1,825 million, down 41.2% year on year, while segment income was ¥330 million, up 895.0%, due in part to restraints on selling, general and administrative expenses related to marketing activities.」

「Government measures to prevent the spread of COVID-19 forced casino halls and other facilities to reduce their operating hours or close, substantially reducing demand for equipment replacements and other products. As a result, segment revenue was ¥6,019 million, down 44.7% year on year, and the segment loss was ¥382 million, compared with segment income of ¥1,557 million in the previous year.」

「Demand declined sharply from April onward due in part to casino halls and other facilities being closed amid the spread of COVID-19. As a result, sales of banknote validator units, banknote recycling units and printers fell sharply, resulting in segment revenue of ¥4,024 million, down 47.7% year on year, and a segment loss of ¥408 million, compared with segment income of ¥1,138 million in the same quarter of the previous year.」

「In addition to the continued decline in replacement demand following regulatory revisions in Germany, demand began to weaken in the latter half of the quarter due in part to casino halls and other facilities being closed amid the spread of COVID-19. As a result, sales of banknote validator units and banknote recycling units declined, and segment revenue was ¥3,104 million, down 18.3% year on year, while segment income was ¥33 million, down 94.9%.」

「Due mainly to the significant decline in banknote recycling unit sales resulting from stagnant demand in Germany in the European region, segment sales were ¥10,879 million, down 18.1% year on year, and segment profit was ¥1,557 million, down 49.1% year on year.」

「In addition to lower sales of casino printer units in North America, sales of banknote recycling units declined in Europe due to stagnant demand in Germany. Segment revenue was ¥7,694 million, down 14.1% year on year, and segment income was ¥1,138 million, down 46.1%.」

「In North America, sales of banknote validator units and casino printer units declined as the capital investment boom following the previous year's tax cuts subsided. In Europe, demand in Germany showed a pronounced decline following regulatory revisions, resulting in lower sales of banknote recycling units. Segment revenue was ¥3,798 million, down 12.5% year on year, and segment income was ¥656 million, down 32.0%.」

「Strong sales of banknote recycling units in Europe and steady sales of banknote validator units and other products in North America against a favorable market backdrop resulted in segment revenue of ¥18,094 million, up 17.7% from the previous consolidated fiscal year, and segment income of ¥3,955 million, up 35.9%.」

「Strong replacement demand continued in North America, while sales of banknote validator units and other products in Europe were also strong. As a result, segment revenue was ¥1,327.8 million, up 17.2% year on year, and segment income was ¥305.7 million, up 41.6%.」

「Strong replacement demand in North America provided a tailwind, resulting in strong sales of banknote validator units and printer units. Segment revenue was ¥895.3 million, up 15.4% year on year, and segment income was ¥211.4 million, up 43.2%.」

「Strong capital investment appetite in North America, focused mainly on renovations of existing casino halls, supported strong sales of banknote validator units. In Europe, replacement demand for banknote recycling units continued in response to the revision of German gaming-machine standards (specification changes). As a result, segment revenue was ¥434.1 million, up 16.6% year on year, and segment income was ¥96.5 million, up 61.2%.」

「In Europe, replacement demand increased in Germany ahead of the standards revision for gaming machines (specification changes) scheduled for November 2018. However, sales of banknote validator units and other products declined in North America, resulting in segment revenue of ¥1,536.7 million, down 6.0% from the previous consolidated fiscal year, and segment income of ¥291.1 million, down 1.6%.」

「Segment sales were ¥11,331 million, down 8.9% year on year, and segment profit was ¥2,158 million, down 8.1% year on year, due mainly to decreased demand for banknote validator units and other products in North America and lower replacement demand in Europe following a legal amendment in Germany.」

「Segment sales were ¥7,760 million, down 9.1% year on year, and segment profit was ¥1,477 million, down 18.8% year on year, due mainly to decreased demand for banknote validator units and other products in North America and lower replacement demand in Europe following a legal amendment in Germany.」

「Demand for banknote validator units and other products declined in North America, while Europe was affected by a reaction to the strong replacement demand in the previous fiscal year. As a result, segment revenue was ¥372.2 million, down 9.7% year on year, and segment income was ¥59.9 million, down 18.2%.」

「Strong sales of banknote validator units to OEM customers in North America and banknote recycling units in Europe, among other factors, resulted in segment revenue of ¥1,635.3 million, up 0.8% from the previous consolidated fiscal year, and segment income of ¥296.0 million, up 15.5%.」

「Strong sales of banknote validator units to OEM customers in North America and banknote recycling units in Europe, among other factors, resulted in segment revenue of ¥1,244.2 million, up 4.1% year on year, and segment income of ¥234.8 million, up 18.9%.」

「Driven by replacement demand for gaming machines, increased sales of banknote validator units to OEM customers in North America and banknote recycling units in Europe resulted in segment revenue of ¥853.9 million, up 9.5% year on year, and segment income of ¥181.9 million, up 48.6%.」

「Strong sales of banknote recycling units in the European market and other factors resulted in segment revenue of ¥412.4 million, up 9.2% year on year, and segment income of ¥73.2 million, up 21.4%.」

「Revenue in this segment was ¥1,621.6 million, up 24.9% from the previous consolidated fiscal year, and segment income was ¥256.3 million, up 64.2%.」