The history of GLORY dates back to 1918, when Kokuei Machinery Manufacturing was founded in Himeji, Japan. Kokuei Machinery was established as a factory for repairing and manufacturing light-bulb devices. In ensuing years, it expanded on its manufacturing strengths to build the first coin counter.
After developing Japan's first coin counter for Japan Mint in 1950, Kokuei entered the money handling machine business and began creating revolutionary products such as coin wrappers, 1,000-yen banknote changers, and cigarette vending machines. Soon after its establishment in 1953, Kokuei's "GLORY" brand became synonymous with the pioneering production of money handling machines in Japan. Then, in 1958, Kokuei reinforced the pioneering reputation of the GLORY brand by introducing the first vending machines in Japan for the sale of cigarettes and chewing gum.
In 1971, Kokuei renamed itself GLORY, taking a name expressive of the company's distinguished ascent to prominence as an internationally competitive manufacturer.
As it expanded its business, GLORY developed two core technologies, one for "recognition" and one for "identification." These were key for the handling and sorting of both coins and banknotes at high speeds with high accuracy. By leveraging and enhancing these technologies over the years, GLORY introduced the GLORY Open Teller System (introduced in 1986) and Cash Recyclers for cashiers (introduced in 1996). All of these efforts allowed GLORY to build a strong customer base in the financial, retail, vending and amusement markets.
Today GLORY sells products in more than 80 countries through its worldwide network. Our recently adopted slogan, "GET INTO GLOBAL 2011," expresses our commitment to make GLORY the world's top brand. We are convinced that GLORY is entering a major turning point in its history.
History of GLORY
- 1918Kokuei Machinery Manufacturing (“Kokuei”, now GLORY LTD.) founded in Himeji, Japan
- 1944Kokuei Machinery Manufacturing Co., Ltd. (now GLORY LTD.) incorporated
- 1957Sales and after-service functions of Kokuei spun off to form Kokuei Shoji Co., Ltd. (later GLORY SHOJI CO., LTD.)
- 1966Overseas exports of GLORY products commenced
- 1969Kokuei Shoji Co., Ltd. changed its trade name to GLORY SHOJI CO., LTD. (now GLORY LTD.)
GLORY Service Co., Ltd. established - 1970Took control of Showa Toso Co., Ltd. and renamed it GLORY Kiki Co., Ltd. (now GLORY Products Ltd.)
- 1971Kokuei Machinery Manufacturing Co., Ltd. changed its name to GLORY LTD.
- 1980Took control of Daiichi Jimuki and renamed it Hokkaido GLORY Co., Ltd.
- 1981G.N System Co., Ltd. established (now GLORY Products Ltd.)
- 1982GLORY (U.S.A.) INC., the first overseas subsidiary for sales and service, established in California
- 1983GLORY’s stock listed on the Osaka Securities Exchange
- 1984Sayo GLORY Co., Ltd. established (now GLORY Products Ltd.)
- 1988Acquired management rights to AZ Co., Ltd. (now GLORY AZ System Co., Ltd.)
Fukusaki Kogyo Co., Ltd. established (now GLORY Products Ltd.) - 1989R&D Center building completed at the Head Office site
Acquired business rights of Logistics Yo-Ko Co., Ltd. (presently GLORY IST Co., Ltd.) - 1991GLORY GmbH (now GLORY Europe GmbH) established in Germany to manage European operations
- 1994GLORY (PHILIPPINES), INC., the company’s first overseas manufacturing subsidiary, established
- 1995GLORY Foundation for Elementary School Students established
GLORY Foundation for Elementary School Students established - 1996GLORY MONEY HANDLING MACHINES PTE LTD established in Singapore
- 1998GLORY Techno 24 Co., Ltd established
- 2000Listed on the First Section of the Osaka Securities Exchange and the First Section of the Tokyo Stock Exchange
GCAN Center (information processing center) established - 2001GLORY Cash Handling Systems (China) Ltd., a sales subsidiary, established in Hong Kong
- 2003GLORY Denshi Kogyo (Suzhou) Ltd., a manufacturing subsidiary, established in Suzhou, China
GLORY International Trading (Shanghai) Co., Ltd., a sales subsidiary, established in Shanghai, China - 2004Reis Eurosystems AG (now GLORY Europe GmbH), a German manufacturer of money-handling machines, acquired
- 2005NASCA Corporation, a sales company for the amusement market, acquired (now GLORY NASCA Ltd.)
- 2006Merged with GLORY SHOJI CO., LTD.
- 2008GLORY France, a sales subsidiary, established
GLORY IPO Asia Ltd. in Hong Kong and GLORY IPO China Ltd. in Shenzhen, China, established as subsidiaries for IPO
(International Procurement Operation)
Acquired Creation Card CO., Ltd.(now GLORY NASCA Ltd.), a sales company for amusement market
Kasai GLORY Co., Ltd. merged with Sayo GLORY Co., Ltd. and changed its corporate name to Harima GLORY Ltd.
(now GLORY Products Ltd.)
NASCA Corporation merged with GLORY Links Co., Ltd. and changed corporate name to GLORY NASCA Ltd. - 2010GLORY Kiki Co., Ltd. merged with Harima GLORY Ltd. and GLORY TEC Ltd., and changed its corporate name to GLORY Products Ltd.
- 2011GLORY NASCA Ltd. merged with Creation Card CO., Ltd.
GLORY Currency Automation India Pvt. Ltd., a sales subsidiary, established - 2012GLORY Service Co., Ltd. merged with GLORY F&C Co., Ltd.
History of Products
GLORY has been developing and releasing Japan's first coin counting products since 1950. Its innovation continues to this day.
On this page we introduce the GLORY line of products used in Japan.
| 1950 | Coin Counter for Japan Mint (first in Japan) |
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| 1953 | Mass- |
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| 1958 | Chewing Gum Vending Machine (first in Japan) |
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Cigarette Vending Machine (first in Japan) |
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| 1962 | Coin Wrapper (first in Japan) |
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| 1965 | Banknote Changer (first in Japan) |
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Coin Sorter (first in Japan) |
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Coin-Operated Locker (first in Japan) |
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| 1972 | Bank Teller Cash Dispenser (first in Japan) |
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| 1974 | Banknote Strapping Machine (first in Japan) |
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| 1976 | Multi-functional Banknote Changer |
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| 1981 | Banknote Sorter (first in Japan) |
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| 1985 | Banknote Recycler for financial institutions (first in Japan) |
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| 1986 | "P-card" System - Magnetic paper pre-paid card (first in Japan) |
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Open Teller System for financial institutions (first in Japan) |
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| 1987 | Premium Management System for "Pachinko" parlors |
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| 1992 | Coin Recycler (first in Japan) |
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| 1998 | Personal Identification Seal Verification System |
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| 2001 | Contactless Smart Card Reader |
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Gift-Certificate Processing Machine |
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| 2006 | Key-Less Locker usable either by coins or contactless smart cards |
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| 2009 | Cash Monitoring Cabinet |
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Compact Open Teller System for financial institutions |
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