According to the report, net sales for the 12 months to March 31 grew by 4.7% year-on-year to US$ 28.9 billion. Sales to international markets stood at US$ 19.7 billion.
The report quotes JCM Global’s president Yojiro Kamihigashi as saying: “The global gaming business was a driving force for operating results during the fiscal year ended March 31, 2019, enabling us to achieve both increases in sales and profits thanks to thriving demand in overseas markets.”
Sales in the group’s gaming business increased by 17.8% year-on-year to nearly US$ 16.7 billion, accounting for 57.9% of the group’s aggregate sales in the latest fiscal year. The segment recorded income of nearly US$ 3.66 billion, 35.8% higher than in the previous year.
JCM Global’s gaming business includes the sales of bill validators, recyclers and printers for casinos and original equipment manufacturers.
Kamihigashi was quoted in the report as saying that the group expects a “slowdown” to the “exceptional demand” from overseas gaming markets during the fiscal year ended March 31, 2019.
JCM Global’s president added that the company plans to implement several initiatives to remain competitive, including technological improvements and expanding into new markets.
“In addition, we will respond to changes expected to occur several years from now, including the creation of integrated resorts (IRs) in Japan and changes to Japan’s paper currency,” stated the executive.
Source: GMB / GGR Asia
