"During the current fiscal year, we will work to enhance JCM’s performance and overcome challenges facing each of our businesses, while pursuing our two main objectives of maintaining or raising market shares held by the group’s businesses and accelerating the growth of new businesses,” said Kamihigashi in the firm’s annual report.
JCM reported net sales of approximately US$268.5 million for the fiscal year ended March 31, up by 1.6% year-on-year. Revenue from sales in the gaming segment accounted for 54.1% of total revenue in the period, at JPY16.35 billion (US$145 million).
"During the fiscal year under review, conditions were mixed in the markets in which the JCM group operates, namely the gaming market, the amusement equipment market, as well as the banking,
"Nevertheless, the group successfully carried out growth strategies tailored to each of these markets, offering system-based solutions and expanding product line-ups, among other initiatives,” he added.
In the annual report, Kamihigashi said the firm has "only limited potential for growth” in both the gaming and the amusement equipment markets. "Opportunities remain for market growth going forward in countries and regions around the world. In Japan, for example, plans are in place for the construction of new integrated resorts that include casinos,” noted the executive.
JCM’s president said the firm would focus on investment "aimed at releasing new products and cultivating new markets. As economic activity continues to develop and grow rapidly in emerging countries, especially in Asia, we expect demand for the group’s products to continue increasing in these markets,” concluded Kamihigashi.
Source: GMB / GGR Asia
