Glory Ltd. TSE:6457
Glory : FY2025 2nd Quarter Material for Investor Conference
Source: MarketScreener
FY2025 Interim period | |
1 | Summary of Financial Results Akihiro Harada, President Financial Results Yukiya Tanaka Executive Officer Executive General Manager, Management Strategy Headquarters |
2 | |
FY2025 Full-year | |
3 | Financial Forecast Yukiya Tanaka Executive Officer Executive General Manager, Management Strategy Headquarters |
FY2025 Interim period | |
1 | Summary of Financial Results Akihiro Harada, President |
Summary of Financial Results
Consolidated Financial Results
Six Months ended September 30, 2025
income
Sales 153.8 billion yen Operating
6.8 billion yenLatest forecast (disclosed in August 2025): 5.3 billion yen
Results: 6.8 billion yen Variance: +1.5 billion yen
(11.0 billion yen before goodwill amortization)
YoY: -31.2 billion yen (-16.9%) YoY: -12.8 billion yen (-65.2%)
Overseas market: Sales were flat (YoY: +0.3 billion yen), while operating income showed signs of recovery (YoY: +2.1 billion yen.)
Domestic market: Sales and operating income decreased as anticipated, following last year’s surge driven by hardware replacements and system modifications related to the new banknote issuance.
Net sales exceed those for the fiscal year ended March 2023, before the strong demand associated with new banknote issuance.
Consolidated Financial Forecast for the fiscal year ending March 2026
Japanese GAAP
income
Sales 340.0 billion yen Operating
Previous forecast (disclosed in August 2025): 21.5 billion yen Latest forecast (disclosed in November 2025): 24.0 billion yen
Variance: +2.5 billion yen
24.0 billion yen
(32.5 billion yen before goodwill amortization)
YoY: -29.0 billion yen (-7.9%) YoY: -12.7 billion yen (-34.7%)
IFRS will be applied starting with the financial results for the fiscal year ending March 2026.
IFRS
profit
Revenue 340.0 billion yen Operating
29.5 billion yen
Overseas market: While the U.S. trade policy has had some impacts, the overall effect on our full-year financial forecast remains minimal.
Domestic market: Active capital expenditures by financial institutions are anticipated from the second half. Demand for self-service products in retail and transportation market is expected to remain strong.
Summary
4
Financial Forecast
Financial Results
Summary of Financial Results
- Trends in sales and operating income
372.4
Sales
Operating income
369.0
51.1
340.0
255.8
+ ¥120.0 billion
222.3
226.9
222.5
227.3
235.7
36.7
224.1
217.4
226.5
24.0
17.9
+ ¥5.0 billion
1
0.5
14.2
10.
20.5
19.6
20.3
20.5
18.6
(billion yen) (billion yen)
Sales
400.0
350.0
300.0
250.0
200.0
150.0
100.0
50.0
0.0
FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
60.0
50.0
40.0
30.0
20.0
10.0
0.0
Operating income
(Forecast)
COVID/ Semiconductor shortage/ Component price increases/Security incident
Operating income declined
Normal fiscal years without extraordinary factors
Demand increased temporarily
due to the new banknote issuance in Japan
Looking back over the past decade, our true performance level was sales of just over ¥200 billion and operating income of around ¥18–20 billion. After overcoming the recent period of special factors, FY2025 saw expansion in both sales and operating income.
We have been pursuing organic growth, aiming for a scale of around ¥340 billion in sales and ¥24.0 billion in operating income (¥29.5 billion under IFRS).
Summary
5
Financial Forecast
Financial Results