JCM Global Gaming Business Sees Rising Profitability

JCM Global posted net profits of 1.3 billion yen (about US$12 million) for the fiscal year ending on March 31, which was a 39.5% year-on-year increase for the firm. Net sales reached a total of 31.3 billion yen (about US$290 million).

The company manufacturers bill validators, cash registers, and security safes for the casino and gaming markets. It is also involved in the banking, retail, and transportation markets, as well as the Japanese amusement equipment market.

In an annual report, Yojiro Kamihigashi, president of JCM Global said that “thriving demand” in overseas gaming markets was the main driving force for its positive financial results.

Looking ahead, Kamihigashi said he expects demand from overseas gaming markets to slow in the next financial year, but adds that the company will remain ready for the opening of IRs in Japan in the future: “We will respond to changes expected to occur several years from now, including the creation of integrated resorts in Japan and changes to Japan’s paper currency,” he stated. (AGB)