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Money Forward (3994) · RiskRestated

SaaS Market Growth Slowdown Risk

First written in FY2022. 3 of 4 entries say "Restated". Latest entry: FY2025.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022 – FY20252023: 220232024: 120242025: 020252026: 12026
Same theme, other companies
Expansion of Japan's Domestic SaaS Market and Demand for DigitalizationA theme 4 companies write about · 1 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「However, if SaaS market growth slows in the future due to economic conditions or business trends in Japan or overseas, this may affect the group’s business and performance.」

    The risk of slower SaaS market growth continues to be disclosed, and the market forecast has been updated to ¥3.3975 trillion for fiscal 2029.
  2. FY2024-Q2RestatedAnnual report

    「During the six-month period ended 30 September, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    The disclosure broadly states that there have been no material changes in the risk of slower SaaS market growth.
  3. FY2023-Q3RestatedAnnual report

    「During the cumulative third quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」

    The disclosure broadly states that there have been no material changes in the risk of slower SaaS market growth.
  4. FY2022First statedAnnual report

    「However, if SaaS market growth slows in the future due to economic conditions or business trends in Japan or overseas, this may affect the group’s business and performance.」

    While assuming continued growth in the SaaS market, the company identified slower market growth due to economic conditions and business trends in Japan and overseas as a separate risk. The market forecast is ¥1.6681 trillion for fiscal 2026.
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SaaS Market Growth Slowdown Risk | Money Forward,Inc. (3994) | Komori