GLORY LTD. (6457) Stock Price

Market cap
¥246.6B
P/E ratio
15.7x
Glory Corporation makes currency handling machines and self-service equipment for banks, retailers, and gaming companies worldwide, plus provides electronic payment and biometric authentication services.

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Business Overview

Glory Corporation operates primarily across four business segments: the financial market, distribution and transportation market, gaming market, and overseas market. Within these segments, the company manufactures, sells, and maintains currency handling machines and self-service equipment. Additionally, it provides electronic payment services, biometric authentication solutions, and robot system integration services.

Glory Corporation maintains numerous subsidiaries and affiliated companies both domestically and internationally, operating across respective markets. Domestically, key affiliated companies include Glory Products Corporation and Glory Naska Corporation, which support operations in the financial market, distribution and transportation market, and gaming market. These companies play essential roles in the company's domestic business operations.

In overseas markets, companies such as Glory Electronics Industry (Suzhou) Co., Ltd. and GLORY (PHILIPPINES), INC. are active. These entities primarily engage in the manufacture and sale of currency handling equipment in overseas markets. Additionally, Glory Global Solutions Ltd. and Acrelec Group S.A.S. serve important roles in supporting Glory's international business operations.

Management Policy

Glory Co., Ltd. is committed to contributing to society while enhancing corporate value based on its corporate philosophy. Under its medium-term management plan targeting 2026, the company has established "GLORY TRANSFORMATION 2026" and is advancing four fundamental strategies. Through these initiatives, the company aims to meet customer expectations while achieving sustainable growth.

First, the company is pursuing new revenue sources by focusing on three markets: retail, financial services, and food and beverage. In particular, it is leveraging store digital transformation and cloud solutions to expand its customer base. This approach aims to establish a solutions business that strengthens customer profitability.

Second, the company is exploring new opportunities in core businesses such as currency processing equipment to expand revenue. In the retail market, it is enhancing customer service through self-service change dispensers. In the financial services market, it is expanding market share in emerging economies.

Third, the company is strengthening management by ensuring appropriate allocation of management resources. Specifically, it is improving operational efficiency through ROIC-driven management and accelerating internal digital transformation. The company is also strengthening its sustainability initiatives.

Finally, the company is enhancing risk management. Through business continuity plan improvements and cybersecurity reinforcement, it is preparing for changes in the external environment. In particular, it is reviewing inventory levels to ensure stable product supply. These measures strengthen business continuity.

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