Seven Bank announced that it had revised the useful life of its ATMs to 7 years, raising its full-year ordinary profit forecast by ¥4 billion. Meanwhile, ordinary revenue was left unchanged, with the increase in profit being almost equal to the reduction in depreciation expense.
Seven Bank announced a revision to its financial results forecasts on 7 August 2026, leaving its full-year consolidated ordinary revenue forecast unchanged at ¥235.5 billion while raising its ordinary profit forecast by ¥4 billion to ¥33.5 billion. The first-half figures were also revised, with ordinary profit increasing by ¥2 billion.
The main factor was a change in the useful life of ATMs classified as property, plant and equipment, from the previous 5 years to 7 years. As a result, depreciation expense is expected to be approximately ¥4 billion lower for the full year than previously projected, contributing to the increase in ordinary profit.
The change in useful life indicates that allocating costs over 7 years is considered closer to the underlying economic reality. However, the materials do not yet make clear whether equipment failure rates, maintenance costs or functional obsolescence could result in additional costs in the future.
Replacement of all 4th-generation ATMs is said to have been completed, while the existence and impact of costs related to the 5th generation have not been confirmed. The financial results revision was driven by a substantial reduction in depreciation expense, meaning that profit was revised from a perspective separate from any increase in cash receipts.