Expansion of the overseas ATM business and harnessing its growth potential
First written in FY2016. 33 of 40 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-08-07.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「In Asia, aggressive ATM installations in Indonesia and the Philippines have enabled us to grow into ATM operators of the largest scale in each country. We also began operating our ATM business in Malaysia in January 2025 and are proceeding with ATM installations. Going forward, we will continue strengthening our ATM networks in each country while working to realize multilayered financial services using ATMs as an entry point.」
Having demonstrated business scale expansion in Indonesia and the Philippines, we have begun installations in Malaysia following the launch of operations there in January 2025, reaching the stage of targeting network strengthening and multilayered financial services across 4 countries. - FY2026-H1AdvancedAnnual report
「In Indonesia, our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL installs ATMs in local convenience store chains and other locations. As of the end of June 2025, the number of installed ATMs was 8,933, up 0.4% from the end of June 2024. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. installs ATMs in 7-Eleven stores and other locations. As of the end of June 2025, the number of installed ATMs was 3,731, up 8.8% from the end of June 2024. In Malaysia, our consolidated subsidiary Reachful Malaysia Sdn. Bhd. began installing ATMs at 7-Eleven stores and other locations in Malaysia in January 2025, with 95 ATMs installed as of the end of June 2025. As a result, ordinary revenue in the overseas business segment for the six-month period ended June 2025 was ¥21,406 million, and ordinary profit was ¥1,560 million.」
The number of installed ATMs increased in Indonesia and the Philippines, while installations began in Malaysia in January 2025. The overseas business segment recorded ordinary profit of ¥1,560 million. - FY2025-H1AdvancedAnnual report
「On 30 May 2024, we established our consolidated subsidiary ABADI TAMBAH MULIA INTERNASIONAL MALAYSIA SDN. BHD., an ATM operating company formed as a joint venture with a local company in Malaysia, and are targeting a 2024 service launch.」
In addition to our existing operations in the United States, Indonesia and the Philippines, we established a joint-venture ATM operating company with a local Malaysian company on 30 May 2024 and reached the stage of targeting a service launch during 2024. - FY2024AdvancedAnnual report
「In the United States, funding costs have increased due to higher U.S. interest rates, but we will take measures to minimize the impact of interest rate markets, including reducing the cash held in ATMs. In addition to the approximately 8,600 ATMs currently installed in U.S. 7-Eleven stores, we have begun installing ATMs at approximately 3,000 Speedway stores, further strengthening our nationwide ATM network.」
In the United States, we announced plans to expand the network by beginning installations at approximately 3,000 Speedway stores in addition to the existing approximately 8,600 ATMs. We are also continuing to expand the number of installed ATMs in Indonesia and the Philippines. - FY2024-Q3AdvancedAnnual report
「In Indonesia, our consolidated subsidiary PT.ABADI TAMBAH MULIA INTERNASIONAL continued to make steady progress with its business despite the COVID-19 pandemic. As of the end of September 2023, the number of installed ATMs was 7,359, up 55.4% from the end of September 2022. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. continued to make steady progress installing ATMs in 7-Eleven stores nationwide. As of the end of September 2023, the number of installed ATMs was 2,752, up 39.9% from the end of September 2022.」
The number of installed ATMs in Indonesia and the Philippines increased to 7,359 and 2,752, respectively, advancing the development of our network in Asia. Meanwhile, the overseas business segment recorded an ordinary loss of ¥1,163 million. - FY2024-Q2AdvancedAnnual report
「In Indonesia, our consolidated subsidiary PT.ABADI TAMBAH MULIA INTERNASIONAL is promoting ATM installations in local convenience stores. As of the end of June 2023, the number of installed ATMs had increased substantially to 6,749, up 66.6% from the end of June 2022. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. continued to make steady progress installing ATMs in 7-Eleven stores nationwide. As of the end of June 2023, 2,637 ATMs had been installed, up 45.3% from the end of June 2022.」
The number of installed ATMs increased substantially in Indonesia and the Philippines, advancing the development of our overseas ATM network in Asia. - FY2024-Q1AdvancedAnnual report
「In the United States, our consolidated subsidiary FCTI, Inc. installs ATMs in U.S. 7-Eleven stores. As of the end of March 2023, 8,626 ATMs had been installed, down 0.6% from the end of March 2022. In Indonesia, our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL is promoting ATM installations in local convenience stores. As of the end of March 2023, the number of installed ATMs had increased substantially to 6,166, up 87.7% from the end of March 2022. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. continued to make steady progress installing ATMs in 7-Eleven stores nationwide. As of the end of March 2023, 2,397 ATMs had been installed, up 60.1% from the end of March 2022.」
The number of installed ATMs increased substantially in Indonesia and the Philippines. Although 8,626 in-store ATMs were maintained in the United States, the overseas business segment recorded an ordinary loss of ¥606 million. - FY2023AdvancedAnnual report
「Using the approximately 8,700-ATM network installed at US 7-Eleven stores, we aim to expand opportunities to use the ATMs and host stores through new financial services and high-quality customer experiences, while strengthening our customer base and diversifying the business in the US market by providing financial services that meet consumer needs. In Asia, we operate ATM services in Indonesia and the Philippines and are accelerating the expansion of ATM installations.」
The policy of focusing in the United States on strengthening financial services and the customer base by using approximately 8,700 ATMs inside stores, while accelerating ATM installations in Indonesia and the Philippines, continued. - FY2023-Q3AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, reaching 4,733 installed ATMs as of the end of September 2022, up 168.3% from the end of September 2021. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines continued installing ATMs at 7-Eleven stores, reaching 1,965 installed ATMs as of the end of September 2022, up 189.8% from the end of September 2021.」
Indonesia's ATM count reached 4,733 and the Philippines' 1,965, advancing the development of overseas ATM networks in both countries. - FY2023-Q2AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 4,051 as of the end of June 2022, up 189.5% from the end of June 2021. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines continued installing ATMs at 7-Eleven stores, reaching 1,813 installed ATMs as of the end of June 2022, up 395.3% from the end of June 2021.」
Indonesia's ATM count increased to 4,051 and the Philippines' to 1,813, advancing the development of overseas ATM networks in both countries. - FY2023-Q1AdvancedAnnual report
「The elimination of low-profit ATMs installed outside US 7-Eleven stores was completed in February 2022. As of the end of March 2022, only ATMs inside US 7-Eleven stores remained, with 8,684 installed ATMs, down 7.9% from the end of March 2021. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 3,285 as of the end of March 2022, up 210.1% from the end of March 2021. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines continued installing ATMs at 7-Eleven stores, reaching 1,496 installed ATMs as of the end of March 2022.」
In the United States, the elimination of low-profit ATMs was completed and operations were concentrated on ATMs inside 7-Eleven stores. Installations increased to 3,285 in Indonesia and 1,496 in the Philippines. - FY2022AdvancedAnnual report
「We operate ATM services in Indonesia and the Philippines and are accelerating the expansion of ATM installations. We will develop ATM networks in both countries and then work to realise multi-layered financial services with ATMs as the entry point.」
A phased overseas strategy was presented, accelerating ATM installations in Indonesia and the Philippines and expanding into multi-layered financial services after developing the networks. - FY2022-Q3AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 1,764 as of the end of September 2021, up 302.7% from the end of September 2020. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines launched its ATM operating business in February 2021, installing ATMs at 7-Eleven stores in the Philippines and reaching 678 installed ATMs as of the end of September 2021.」
Indonesia's ATM count increased to 1,764 and the Philippines' to 678. Installations in the Philippines continued after the business launched in February 2021. - FY2022-Q2AdvancedAnnual report
「We systematically eliminated low-profit ATMs installed outside US 7-Eleven stores. As of the end of June 2021, the total ATM count was 9,006, down 15.5% from the end of June 2020, including 8,651 ATMs inside US 7-Eleven stores, up 1.8%. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 1,399 as of the end of June 2021, up 299.7% from the end of June 2020. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines had 366 installed ATMs as of the end of June 2021.」
Overseas, low-profit ATMs were eliminated in the United States and operations were concentrated on ATMs inside 7-Eleven stores. Installations increased to 1,399 in Indonesia and 366 in the Philippines. - FY2022-Q1AdvancedAnnual report
「We systematically eliminated low-profit ATMs installed outside US 7-Eleven stores. As of the end of March 2021, the total ATM count was 9,432, down 12.3% from the end of March 2020, including 8,622 ATMs inside US 7-Eleven stores, up 1.6%. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 1,059 as of the end of March 2021, up 296.6% from the end of March 2020. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines launched its ATM operating business in February 2021, installing ATMs at 7-Eleven stores in the Philippines and reaching 132 installed ATMs as of the end of March 2021.」
In the overseas ATM business, low-profit ATMs were eliminated in the United States while ATMs inside 7-Eleven stores were maintained and expanded. Installations increased to 1,059 in Indonesia and 132 in the Philippines. - FY2021AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily despite the COVID-19 pandemic, increasing its ATM count to 750 as of the end of December 2020, up 275.0% from the end of December 2019. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. installed ATMs at 7-Eleven stores in February 2021 and launched its ATM operating business.」
Indonesia's ATM count expanded to 750, while the Philippines launched its ATM operating business in February 2021. FCTI also recorded ordinary profit of US$22.8 million for the full year. - FY2021-Q3AdvancedAnnual report
「We systematically eliminated low-profit ATMs installed outside US 7-Eleven stores. As of the end of September 2020, the total ATM count was 9,485, down 20.6% from the end of September 2019, including 8,570 ATMs inside US 7-Eleven stores. For the consolidation period from January to September 2020, FCTI, Inc. reported ordinary revenue of US$175 million, ordinary profit of US$19 million and quarterly net profit of US$20 million, owing to the systematic elimination of low-profit ATMs and lower funding costs resulting from policy rate cuts. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding steadily, increasing its ATM count to 438 as of the end of September 2020, up 192.0% from the end of September 2019.」
In the United States, FCTI maintained profitability while eliminating low-profit ATMs, and Indonesia's ATM count increased to 438. In the Philippines, efforts to launch the business at an early stage in cooperation with local companies continued. - FY2021-Q2AdvancedAnnual report
「For the consolidation period from January to June 2020, FCTI, Inc. reported ordinary revenue of US$117.0 million, ordinary profit of US$13.5 million and interim net profit of US$13.4 million, owing to the systematic elimination of low-profit ATMs and lower funding costs resulting from policy rate cuts. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued to expand steadily, increasing its ATM count to 350 as of the end of June 2020, up 233.3% from the end of June 2019. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines is cautiously considering its business plans in light of changes in the business environment, including the spread of COVID-19 in the Philippines.」
FCTI expanded its interim profit through measures including the elimination of low-profit ATMs, while Indonesia's ATM count increased to 350. In the Philippines, cautious consideration continued in light of the spread of COVID-19 and other factors. - FY2021-Q1SoftenedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued to expand its business steadily, reaching 267 installed ATMs as of the end of March 2020, up 167.0% from the end of March 2019. Our consolidated subsidiary Pito AxM Platform, Inc. in the Philippines had planned to launch its business during the year, but is considering its response in light of the spread of COVID-19 in the Philippines and other factors affecting the business environment.」
Indonesia's installed ATM count increased sharply to 267, while the Philippines business shifted from a plan to launch during the year to considering a response in light of the spread of COVID-19. - FY2020AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding its business centred on operating its own ATMs, increasing its ATM count to 200 as of the end of December 2019, up 108.3% from the end of December 2018. In the Philippines, our consolidated subsidiary Pito AxM Platform, Inc. signed a business partnership agreement with Philippine Seven Corporation, the country's largest convenience store operator, in February 2020 to develop ATM installation, operation and maintenance services at 7-Eleven stores in the Philippines.」
Indonesia's ATM count increased to 200, while in the Philippines an agreement was signed with a major local convenience store operator covering ATM installation, operation and maintenance. - FY2020-Q3AdvancedAnnual report
「Our consolidated subsidiary FCTI, Inc. achieved stable operations of the ATMs installed inside US 7-Eleven stores. By systematically eliminating low-profit ATMs installed outside US 7-Eleven stores, the total ATM count as of the end of September 2019, including 8,424 ATMs inside US 7-Eleven stores, was 11,948, down 11.6% from the end of September 2018. For the consolidation period from January to September 2019, FCTI, Inc. reported ordinary revenue of US$192.3 million, ordinary profit of US$2.2 million and quarterly net profit of US$2.3 million. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued expanding its business centred on operating its own ATMs, increasing its ATM count to 150 as of the end of September 2019, up 45.6% year on year.」
FCTI in the United States posted ordinary profit and quarterly net profit for the cumulative January–September 2019 period. ATMs inside US stores numbered 8,424, while Indonesia's ATM count increased to 150. - FY2020-Q2AdvancedAnnual report
「Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia decided to resume expanding its business centred on operating its own ATMs from fiscal 2019. As of the end of June 2019, its ATM count had steadily increased to 105, up 9.3% from the end of December 2018. Pito AxM Platform, Inc., our consolidated subsidiary established to conduct detailed studies of an ATM operating business in the Philippines and in which we hold a 100% stake, is collecting information and organising issues in cooperation with local companies.」
In Indonesia, the ATM count increased to 105 under the policy of making own-ATM operations the core business. In the Philippines, Pito AxM Platform advanced to information gathering and issue identification in cooperation with local companies. - FY2020-Q1ReframedAnnual report
「In Indonesia, in light of major changes in the business environment that occurred while preparations for withdrawal, begun in the previous fiscal year, were under way, our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL decided to resume pursuing business expansion centred on operating its own ATMs. We also established Pito AxM Platform, Inc. to conduct detailed studies of an ATM operating business in the Philippines, viewed as the leading candidate for a new market in Asia.」
In Indonesia, the policy changed from preparing to withdraw from the business to expanding the business centred on operating the company's own ATMs. In addition, a wholly owned subsidiary was established to study an ATM operating business in the Philippines, restructuring the framework for expansion in Asia. - FY2019AdvancedAnnual report
「As of the end of December 2018, our US consolidated subsidiary FCTI had 12,795 ATMs. As an impairment loss on FCTI's fixed assets was recorded as an extraordinary loss, its net loss for the year was US$99.5 million. The company will focus on promptly establishing a stable earnings base by improving transaction volume and further enhancing operating efficiency through the approximately 8,000-ATM network installed at US 7-Eleven stores.」
FCTI's US ATM count reached 12,795, and the focus shifted to building an earnings base by increasing utilisation of the existing network and improving operating efficiency. The company nevertheless recorded a net loss for the year due to the impairment loss. - FY2019-Q3AdvancedAnnual report
「Our consolidated subsidiary FCTI completed the replacement and installation of ATMs at US 7-Eleven stores in March 2018 and achieved stable operations. Through these initiatives, total transaction volume increased steadily, resulting in higher revenue and higher profit.」
The company stated that FCTI achieved stable operations after completing the replacement and installation of ATMs at US 7-Eleven stores. - FY2019-Q2SoftenedAnnual report
「Under these circumstances, the income and expenses of FCTI, Inc., our US consolidated subsidiary promoting the overseas business, and ATMi, our Indonesian consolidated subsidiary, have remained below the plans initially formulated. We therefore reviewed the plans going forward and recorded an impairment loss of ¥14,596 million on fixed assets related to FCTI and ATMi, primarily goodwill arising from the acquisition of shares in FCTI, as an extraordinary loss for the cumulative second quarter of the current consolidated fiscal year.」
As the overseas business fell short of the initial plan, the company shifted to a policy of reviewing future plans for FCTI and ATMi. Although no explicit reduction in the overseas ATM business strategy was stated, the plan review and impairment loss were disclosed. - FY2019-Q1AdvancedAnnual report
「Our consolidated subsidiary FCTI, Inc. completed the replacement and installation of ATMs at US 7-Eleven stores in March 2018. Total transaction volume increased, mainly due to the increase in installed ATMs, but higher ordinary expenses, including replacement and installation costs, resulted in higher revenue but lower profit.」
Replacement and installation of ATMs at US 7-Eleven stores was completed in March 2018, increasing the installed ATM count and total transaction volume. Overseas operations, however, recorded higher revenue but lower profit due to installation costs and other expenses. - FY2018AdvancedAnnual report
「The installation of ATMs by our consolidated subsidiary FCTI, Inc. at US 7-Eleven stores, which began in fiscal 2017, is progressing as planned. To improve ATM utilisation, we are thoroughly preparing measures to raise awareness of our ATM services and new services designed to generate synergies with US 7-Eleven, with the aim of achieving stable operations at an early stage. We will also pursue new overseas business, including expansion into Indonesia and other regions, by making maximum use of our expertise and infrastructure.」
Installation at US 7-Eleven stores in North America is progressing as planned, while expansion into Indonesia and other markets and measures to improve utilisation continue. - FY2018-Q3AdvancedAnnual report
「Our consolidated subsidiary FCTI, Inc. in North America began installing ATMs at US 7-Eleven stores in August 2017 and had 7,789 operating ATMs as of the end of September 2017. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued promoting ATM installations and had installed 135 units as of the end of September 2017.」
FCTI's operating ATM count in the United States reached 7,789 and Indonesia's installation count reached 135, expanding the overseas ATM network from the previous disclosure. - FY2018-Q2AdvancedAnnual report
「As of the end of June 2017, our consolidated subsidiary FCTI, Inc. had 5,674 ATMs in North America. It began installing ATMs at US 7-Eleven stores in August 2017. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia had installed 128 ATMs as of the end of June 2017 and is currently working to expand its ATM operation outsourcing business for local financial institutions.」
Concrete progress was reported, including the start of installations at US 7-Eleven stores, 128 installed ATMs in Indonesia and expansion of ATM operation outsourcing for local financial institutions. North America's ATM count, however, fell from 5,829 in the previous disclosure to 5,674. - FY2018-Q1RestatedAnnual report
「As of the end of March 2017, our consolidated subsidiary FCTI, Inc. operated 5,829 ATMs in North America. For the consolidation period from January to March 2017, FCTI, Inc. reported ordinary revenue of US$17.8 million, an ordinary loss of US$3.5 million and a quarterly net loss of US$2.2 million. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued promoting ATM installations and had installed 127 units as of the end of March 2017.」
The overseas ATM business in North America and Indonesia continues. Indonesia's installation count was unchanged at 127 from the previous disclosure, while FCTI's operating ATM count and performance in North America deteriorated further. - FY2017AdvancedAnnual report
「As of the end of December 2016, our consolidated subsidiary FCTI, Inc. had installed 6,227 ATMs in North America. For the consolidation period from January to December 2016, FCTI, Inc. reported ordinary revenue of US$77.6 million, an ordinary loss of US$6.6 million and a net loss of US$4.3 million. Our consolidated subsidiary PT. ABADI TAMBAH MULIA INTERNASIONAL in Indonesia continued promoting ATM installations and had installed 127 ATMs as of the end of December 2016.」
FCTI had 6,227 ATMs installed in North America and Indonesia had 127, as overseas ATM expansion continued. - FY2017-Q3RestatedAnnual report
「As of the end of September 2016, our consolidated subsidiary FCTI, Inc. operated 6,267 ATMs in North America. For the consolidation period from January to September 2016, FCTI, Inc. reported ordinary revenue of US$59.4 million, an ordinary loss of US$3.6 million and a quarterly net loss of US$2.4 million. PT. ABADI TAMBAH MULIA INTERNASIONAL, our consolidated ATM operating subsidiary established in Indonesia in June 2014 through a joint venture with a local company, continued installing ATMs and had installed 100 units as of the end of September 2016.」
The North American operating ATM count was 6,267 and the Indonesian installation count was 100, as overseas expansion continued. - FY2017-Q2AdvancedAnnual report
「As of the end of June 2016, our consolidated subsidiary FCTI, Inc. had 6,437 ATMs in North America. PT. ABADI TAMBAH MULIA INTERNASIONAL, our consolidated subsidiary established in Indonesia in June 2014 through a joint venture with a local company, continued installing ATMs and had installed 100 units as of the end of June 2016.」
The number of ATMs installed in Indonesia reached 100, while FCTI's operating ATM count in the United States reached 6,437. - FY2017-Q1AdvancedAnnual report
「As of the end of March 2016, our US consolidated subsidiary FCTI, Inc. operated 6,451 ATMs. For the consolidation period from January to March 2016, FCTI, Inc. reported ordinary revenue of US$19.2 million, an ordinary loss of US$1.0 million and a quarterly net loss of US$0.6 million. PT. ABADI TAMBAH MULIA INTERNASIONAL, our consolidated ATM operating subsidiary established in Indonesia in June 2014 through a joint venture with a local company, began installing ATMs and had installed 88 ATMs as of the end of March 2016.」
The US subsidiary disclosed 6,451 operating ATMs, while ATM installations in Indonesia began and reached 88 units. The US subsidiary remained loss-making during the quarter. - FY2016First statedAnnual report
「In the overseas business, our US subsidiary is preparing the systems, staffing and other resources needed to install ATMs at US 7-Eleven stores from fiscal 2017. In Indonesia, where we entered into a joint venture with a local company in fiscal 2014, we are developing the business with the country positioned as a beachhead for capturing Asia's growth potential.」
The overseas strategy calls for preparations for installations in the United States and business development positioning Indonesia as a beachhead for Asian growth.