Glory: The Machines That Count the World’s Cash

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Every time a bank teller or a supermarket checkout takes your cash, counts it, and gives change, a machine is doing the work behind the scenes — and that machine is very often made by Glory. This Japanese company quietly dominates the global market for counting, sorting, and recycling the world’s physical money.

The world’s cash-machine leader

Founded in 1918, Glory makes the cash-handling and cash-recycling machines used by banks, retailers, and the gaming and vending industries. Independent research confirms it as the clear global leader: roughly 44% of the retail cash-recycling market excluding Japan, and around 68% including Japan, plus about 52% of teller cash recyclers used in bank branches. Few companies hold such commanding share of a market so essential to daily commerce.

Cash isn’t dead — it’s automated

Even as digital payments rise, vast amounts of cash still circulate, and handling it manually is slow, costly, and error-prone. Glory’s machines automate the entire cash cycle — accepting, authenticating, counting, sorting, storing, and dispensing — freeing staff and reducing shrinkage. As labour costs climb and retailers and banks seek efficiency, demand for cash automation persists, and Glory is extending its expertise into broader retail self-service and transaction automation.

Why it matters for global partners and investors

• Investors get a dominant, high-share niche leader benefiting from labour-cost pressures and the automation of cash handling worldwide.
• Banks and retailers rely on Glory for reliable cash automation; switching costs and service relationships are high.
• The watch item is the long-term decline of cash in some markets, against Glory’s expansion into self-service and transaction automation beyond cash.

Frequently asked questions

What does Glory make?
Glory is a Japanese maker of cash-handling and cash-recycling machines — the equipment that counts, sorts, authenticates, and dispenses money — used by banks, retailers, vending, and the gaming industry.

How dominant is Glory?
It is the global leader in cash automation, with around 68% of the retail cash-recycling market including Japan (44% excluding Japan) and about 52% of bank teller cash recyclers.

Does cash automation still matter as payments go digital?
Yes. Large volumes of cash still circulate, and automating its handling cuts labour costs and errors. Glory is also expanding into broader retail self-service and transaction automation.

Looking to source automation technology from, or partner with, a Japanese leader? Contact Japonity — we connect international businesses with Japan’s best companies, products, and technologies.