Komori
Japan Cash Machine (6418) · TargetRaised

Developing the commercial business into a new earnings pillar

First written in FY2016. 10 of 25 entries say "Advanced", first in FY2018. Latest entry: FY2026.

25entries
11years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q3 – FY2020-Q3AdvancedFY2022-Q1 – FY2024-Q2RestatedFY2024-Q3 – FY2025-H12016: 320162017: 320172018: 220182019: 120192020: 220202021: 320212022: 320222023: 420232024: 220242025: 020252026: 22026
Same theme, other companies
Building new pillars of growthA theme 17 companies write about · 1 as a headwind · 16 as a tailwind

The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.

0 other companies' latest entry also says "Raised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「Building on the stable earnings of the global Gaming business, we will establish the Commercial business as the next earnings pillar, strengthen our business portfolio, capital allocation, human resources and sustainability initiatives, and work to maximize corporate value.」

    The Commercial business is positioned at the center of the new medium-term management plan as the “next earnings pillar,” supported by the stable earnings of the global Gaming business, rather than as merely a new business.
  2. 2026-05-21RaisedManagement Plan

    「グローバルゲーミング事業の安定収益を基盤に、コマーシャル事業を次なる収益の柱として確立するとともに、事業ポートフォリオ、資本配分、人材及びサステナビリティの各領域を強化し、企業価値の最大化を図るものであります。」

    コマーシャル事業を「次なる収益の柱」として確立する位置づけを中期経営計画で明示している。
  3. FY2025-H1RestatedAnnual report

    「In overseas commercial markets, we worked to strengthen the sales structure by developing new products tailored to the needs of each region and market, particularly to develop markets in North, Central and South America, and by expanding distributors to increase distribution channels, with the aim of expanding market areas and market share, which are essential for sustainable growth.」

    Under the strategy of making the Commercial business a growth pillar, the company continues to develop markets and strengthen its sales structure in North, Central and South America.
  4. FY2024-Q3RestatedAnnual report

    「In Japan, in addition to responding to strong product demand accompanying the increase in inbound demand, we worked to accommodate the issuance of new banknotes scheduled for July this year. Overseas, we continued to focus mainly on expanding local distributors centered on new bases in North, Central and South America, including expanding sales channels for new products, and on making product proposals tailored to market needs in each country.」

    Under the policy of developing the Commercial business into an earnings pillar, the company continues to respond to domestic inbound and new-banknote demand and strengthen its sales structure in North, Central and South America.
  5. FY2024-Q2AdvancedAnnual report

    「In commercial markets, we conducted product-proposal activities tailored to the needs of each country, in addition to expanding local distributors, including distribution channels for new products, centered on new bases in North America and Central and South America.」

    Measures to develop the Commercial business into a new earnings pillar are being implemented through new bases in North America and Latin America, expansion of local distributors and expansion of sales channels for new products.
  6. FY2024-Q1AdvancedAnnual report

    「In commercial markets, we actively conducted product-proposal activities centered on new bases in North America and Central and South America.」

    Measures to develop the Commercial business into a new earnings pillar are being implemented through product proposal activities centered on new bases in North America and Latin America.
  7. FY2023AdvancedAnnual report

    「In the commercial market, following the establishment of a North American sales subsidiary in the previous fiscal year, JCM COMMERCE MECHATRONICS,INC. (established in January 2022), we established a new company in Brazil, South America, JCM COMERCIO MECATRONICA BRASIL LTDA (established in November 2022). By laying the groundwork for future business expansion in rapid succession, we worked to build the business structure essential for the sustained growth of the Group.」

    The policy of developing the Commercial business into a pillar alongside the Gaming business is advancing through the establishment of sales companies in North America and Brazil.
  8. FY2023-Q3AdvancedAnnual report

    「As demand for contactless and non-face-to-face payments increased, sales of banknote recycling units for restaurant ticket vending machines and hotel check-in payment terminals remained solid. As a result, segment sales were ¥1,377 million, up 3.3% year on year, and segment profit was ¥113 million, up 6.0% year on year.」

    In the Commercial business, sales to restaurants and hotels, including ticket vending machines and hotel check-in payment terminals, remained solid against a backdrop of demand for contactless and non-face-to-face payments, resulting in higher revenue and profit.
  9. FY2023-Q2AdvancedAnnual report

    「Sales of banknote validator units and banknote recycling units for self-checkout terminals in Europe remained strong, as in the previous year, while sales to Asia declined in part. As a result, segment sales were ¥2,303 million, up 4.7% year on year, and segment profit was ¥54 million, down 4.2% year on year.」

    In the Commercial business, sales to the European self-checkout market remained strong, resulting in higher revenue. Profit declined year on year due partly to lower sales to Asia.
  10. FY2023-Q1AdvancedAnnual report

    「Under these conditions, in the gaming and commercial markets, where demand for our products is recovering markedly, we conducted marketing activities aimed at expanding our market share in addition to making multifaceted product proposals.」

    As measures to develop the Commercial business into an earnings pillar, the company is conducting multifaceted product proposals and marketing activities aimed at expanding market share.
  11. FY2022-Q3AdvancedAnnual report

    「Due mainly to higher sales of banknote validator units for self-checkout terminals in Europe, segment sales were ¥3,326 million, up 55.1% year on year, and the segment posted a profit of ¥167 million, compared with a loss of ¥713 million in the same quarter of the previous year.」

    In the Commercial business, sales to the European self-checkout market increased, and the overseas Commercial business moved from a loss in the previous year to a profit. This indicates operating progress toward establishing a new earnings pillar.
  12. FY2022-Q2AdvancedAnnual report

    「Due mainly to higher sales of banknote validator units for self-checkout terminals at supermarkets and other facilities in Europe, segment sales were ¥2,200 million, up 77.4% year on year, and the segment posted a profit of ¥57 million, compared with a loss of ¥508 million in the same quarter of the previous year.」

    In the Commercial business, sales increased in the new self-checkout market in Europe, resulting in higher revenue and a return to profitability for the overseas Commercial business.
  13. FY2022-Q1AdvancedAnnual report

    「Although sales to the transportation sector in Asia declined, sales of banknote validator units for self-checkout terminals at supermarkets and other facilities in Europe increased. As a result, segment sales were ¥979 million, up 35.0% year on year, and the segment posted a loss of ¥28 million, compared with a loss of ¥191 million in the same quarter of the previous year.」

    In the overseas Commercial business, sales to the Asian transportation sector declined, but revenue increased on higher sales to European self-checkout operators, while the loss narrowed from ¥191 million to ¥28 million.
  14. FY2021-Q3WorsenedAnnual report

    「In domestic and overseas commercial markets, investment appetite has shown no signs of recovering as economic activity remains stagnant, and conditions continue to be difficult.」

    Despite the goal of developing the Commercial business into a new earnings pillar, investment appetite has shown no signs of recovering in Japan or overseas, and conditions remain difficult.
  15. FY2021-Q2WorsenedAnnual report

    「In the domestic and overseas commercial businesses, capital investment has continued to be restrained due to declining inbound demand and stagnant economic activity, and in some cases customers have also requested adjustments to delivery schedules.」

    The disclosure on the Commercial business, which is being developed as a new earnings pillar, cites declining inbound demand, stagnating economic activity, restrained capital investment and requests to adjust delivery schedules.
  16. FY2020-Q3RestatedAnnual report

    「In Japan, we expanded sales in the commercial market by incorporating customer needs related to the development of transportation facilities, accommodation facilities, and other infrastructure. In China and Southeast Asian markets, where cashless payments are becoming more widespread, we also pursued sales focused on the railway sector, where a certain level of demand for currency-handling equipment is expected, and worked to secure orders.」

    With the aim of developing the commercial business into an earnings pillar, the Company is pursuing sales to domestic transportation and accommodation facilities and securing orders in the railway sectors of China and Southeast Asia.
  17. FY2019-Q3RestatedAnnual report

    「For the commercial market, we expanded sales of high-value-added products reflecting market needs in Japan and overseas.」

    The Company continues to pursue a policy of expanding sales of high-value-added products that reflect market needs in the commercial business.
  18. FY2018AdvancedAnnual report

    「For the commercial business, we will also work fully to expand sales in untapped markets by moving into full-scale sales of new products launched in the market last year and working to capture latent demand in emerging countries, particularly in Asia.」

    The commercial business has entered the stage of moving products launched last year into full-scale sales and expanding sales in emerging countries and untapped markets.
  19. FY2018-Q3RaisedAnnual report

    「By strengthening the capabilities of Global Commercial, its third business segment centered on Asia, the Group will accelerate the expansion of its markets, geographic reach and customer base.」

    The Company has clarified the commercial business as its third business division, rather than merely a new earnings pillar, and indicated a policy of accelerating the expansion of its markets, regions, and customer base.
  20. FY2018-Q1RestatedAnnual report

    「Subsequently, as we strengthen our focus on the commercial market, including the financial, distribution, and transportation markets, as a new earnings pillar,」

    The Company has reaffirmed its positioning of the commercial market as a new earnings pillar and its direction of strengthening its focus on the market.
  21. FY2017RestatedAnnual report

    「For the commercial business, which is positioned as a new business, we aim to expand it at an early stage by launching new products and developing new markets intensively from this year, focusing on uncovering latent demand mainly in Southeast Asian countries, and developing inbound demand in Japan associated with the Tokyo Olympics.」

    The Company continues to target early expansion of the commercial business and explicitly identifies new product launches, new market development, Southeast Asian demand, and inbound demand related to the Tokyo Olympics as means of achieving it.
  22. FY2017-Q3RestatedAnnual report

    「For the commercial business, we will work to establish it as a solid earnings pillar following the gaming and gaming venue equipment businesses by capturing latent demand in countries and regions around the world, particularly Southeast Asia, as well as inbound demand in Japan.」

    The Company has reiterated its goal of making the commercial business an earnings pillar following the existing 2 businesses and the means of capturing latent and inbound demand.
  23. FY2017-Q2ReframedAnnual report

    「For the commercial business, we will work to establish it as a solid earnings pillar following the gaming and gaming venue equipment businesses by capturing latent demand in countries and regions around the world, particularly Southeast Asia, as well as inbound demand in Japan.」

    The wording has been reorganized from “a new earnings pillar at an early stage” to positioning the commercial business as “a solid earnings pillar” following the existing 2 businesses. The previous time-bound expression “at an early stage” is no longer included.
  24. FY2017-Q1RestatedAnnual report

    「For the commercial business, a new business, we will work to capture latent demand in Southeast Asian countries and inbound demand in Japan so that it can become a new earnings pillar at an early stage.」

    The Company continues to target making the commercial business a new earnings pillar at an early stage and to pursue latent demand in Southeast Asia and inbound demand.
  25. FY2016First statedAnnual report

    「We will develop new markets and create demand so that the business can grow into a new earnings pillar at an early stage.」

    The commercial market has been positioned as a new business and a new earnings pillar, with “at an early stage” indicating the targeted timeframe.
Moved together

"Revenue growth driven by overseas market expansion and the contribution of the printer business" moved the same way as this thread, in the same document, in 10 of its 25 moves.

10109877★123456
  1. ★This thread
  2. 1Revenue growth driven by overseas market expansion and the contribution of the printer business10×
  3. 2Gaming-Hall Equipment Returns to Profitability10×
  4. 3Global Gaming: Expanding Sales and Profit9×
  5. 4Higher Operating Profit Alongside Lower Ordinary Profit and Net Income8×
  6. 5Sluggish Sales and Profit Due to Inventory Adjustments in the Overseas Commercial Business7×
  7. 6Funding through the refinancing of short-term borrowings and bond issuance7×

★ 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.

When this could move next
Japan Cash Machine's next results are scheduled for 2026-11-10. Read the earnings preview It last moved in the Management Plan of 2026-05-21: "Raised".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Developing the commercial business into a new earnings pillar | JAPAN CASH MACHINE CO.,LTD. (6418) | Komori