TOKYO, Mar 31 (Pulse News Wire) – Netstars CO.,LTD. (5590.T) highlighted its strong growth potential in the cashless payments sector, noting that Japan's cashless payment ratio remains lower compared to other countries despite government targets aiming for higher adoption rates.
According to data from the Ministry of Economy, Trade and Industry, Japan’s cashless payment ratio stood at 42.8% based on traditional calculation methods in fiscal year 2024. The company also outlined its competitive advantages, emphasizing high performance and stability in cloud system operations through container technology and a cloud-native infrastructure. Additionally, NETSTARS reported a sales increase of ¥478.8 billion and expects further growth in gross profit margins and operating income in the coming years.
For the fiscal year ending December 2025, NETSTARS projects a significant rise in Gross Payment Volume (GPV) to ¥2.12 trillion. The company plans to establish a subsidiary named “StarPay-Entertainment” in early 2026 to strengthen its position in the market. Looking ahead, NETSTARS aims to achieve a GPV exceeding 6 trillion yen and total revenue surpassing ¥12.00 billion by 2030, targeting an operating margin above 25% percent.
The company continues to focus on expanding its customer base and enhancing cross-selling opportunities through strategic partnerships and product development initiatives.
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