Glory Ltd - Company Profile
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Business Description
Glory Ltd (Glory) is a developer and manufacturer of cash handling machines and systems. The company provides a wide range of cash management systems, cash handling machines, automatic service equipment and vending machines. The company operates through five reportable business segments: Financial Market, Retail and Transportation Market, Amusement Market, Overseas Market, and Others. Geographically, it operates in five regions: Japan, Asia, the US, Europe, and Americas excluding the US.
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R&D Overview
The company’s R&D arm focuses on the technological advancement of its products and services. Glory focuses on recognition or identification technologies. It is especially working on facial recognition and biometric technology. The company operates 16 R&D facilities in nine countries. It employs 1,400 employees in its R&D team. In FY2023, the company incurred expenses of JPY14,466 million on R&D, which as a percentage of revenue, stood at 5.7%.
Business Segments
Overview
Provides banknote conveyor systems, pachinko ball counters for individual pachinko machines, card systems for pachinko parlors, pachinko prize dispensing machines, membership management systems for pachinko parlors, and pachinko ball or token counters. Markets products to amusement halls including pachinko parlors and others in Japan.
Performance
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Overview
Markets its products to global financial institutions, OEM clients, and others in Japan. Products include banknote recycler for tellers; coin recycling modules for ATMs; cash monitoring cabinets, security storage systems and banknote recycling modules for horse race ticket vending machines.
Performance
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Overview
Markets its products to global financial institutions, OEM clients, cash-in-transit companies, others in overseas and retail stores. Products include banknote recycler for tellers; banknote and check deposit modules for ATMs; coin and banknote recyclers for cashiers, sales proceeds deposit machines, self-service kiosks. banknote counters, coin wrappers; and cash recycling systems.
Performance
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Overview
Offers sales and maintenance services to department stores, cash-in-transit companies, supermarkets, local governments, railroad companies, tobacco companies, hospitals, general industries and others in Japan. Markets coin-operated lockers, ticket vending machines, multifunctional banknote changers, coin and banknote recyclers for cashiers, sales proceeds deposit machines, cash recyclers for gas stations, cigarette vending machines, medical payment kiosks, RFID self-checkout systems for cafeterias, and ballot sorters for handwritten ballots.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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