Glory (6457) Corporate presentation summary

Financial performance and targets

• FY2023 saw sales, operating profit, and ROE exceed targets, rebounding from pandemic and supply chain disruptions.

• FY2026 targets: operating profit of ¥38B (before goodwill), profit margin of 11%, and net sales of ¥340B or more.

• Focus on regaining earning power, improving ROE, ROIC, and ROA, and maintaining a progressive dividend policy with DOE of 4% or more.

• Strategic investments and M&A in new business domains contributed to higher cash outflows but supported growth.

Business strategies and growth initiatives

• Strategic focus on expanding Retail, Financial, and F&B markets, with F&B developed as a third business pillar.

• Accelerated monetization of new businesses, especially kiosks and data management platforms (DMP), with a sales target of ¥60B in new domains by FY2026.

• Recurring-revenue business and platform-oriented solutions are prioritized to strengthen business foundations.

• Solutions address societal needs such as labor shortages, hygiene, and operational efficiency in next-generation stores.

Market and segment strategies

• Overseas sales targeted at ¥204B by FY2026, with recurring-revenue ratio aimed at 50%.

• Retail, Financial, and F&B segments have specific sales targets and growth strategies, including product innovation and expansion in core and new markets.

• Domestic strategies include maximizing profit in core business, expanding DX business, and leveraging new banknote issuance.