Risk of Slower Growth in the Cloud Market

「Furthermore, the business continues to perform steadily, partly because more companies are adopting and using public clouds, in which environments built by cloud service providers are shared with other users.」

「In the cloud infrastructure services market in which the Company operates, migration projects that move to other environments or switch to new systems while maintaining existing business requirements, data and systems remain the main focus, but the scope of these projects is expanding. The market is also progressing steadily, as the number of companies adopting and using public clouds, in which environments built by cloud service providers are shared with other users, is increasing.」

「In the cloud infrastructure services market in which the Company operates, migration projects that move to other environments or switch to new systems while maintaining existing business requirements, data and systems remain the main focus, but the scope of these projects is expanding. The market is also progressing steadily, as the number of companies adopting and using public clouds, in which environments built by cloud service providers are shared with other users, is increasing.」

「In the cloud infrastructure services market in which the Company operates, migration projects that move to other environments or switch to new systems while maintaining existing business requirements, data and systems remain the main focus, but the scope of these projects is expanding. The market is also progressing steadily, as the number of companies adopting and using public clouds, in which environments built by cloud service providers are shared with other users, is increasing.」

「The cloud market in which the Company operates continues to grow rapidly. Discoveriez, which the Company provides, is expected to expand its business on the assumption that the cloud market will continue to grow.」

「Against this backdrop, the government’s work-style reform initiatives are driving the migration of corporate business applications to the cloud, including the use of single-function SaaS, as part of efforts to establish flexible working arrangements and working environments that make effective use of time and location. In practice, however, individual departments are using separate cloud services for their respective operations. This has led to departmental optimisation rather than optimisation of the company as a whole, resulting in fragmented information that is not being used effectively. The Company believes that the resulting reliance on memory and intuition in corporate activities is a business challenge.」

「Against this backdrop, the government’s work-style reform initiatives are driving the migration of corporate business applications to the cloud, including the use of single-function SaaS. In practice, however, individual departments are using separate cloud services for their respective operations. This has led to departmental optimisation rather than optimisation of the company as a whole, resulting in fragmented information that is not being used effectively. The Company believes that the resulting reliance on memory and intuition in corporate activities is a business challenge.」

「In the cloud infrastructure market, which is the Group’s principal business area, DX (Note 1) amid the COVID-19 pandemic continues as expectations rise for the pandemic to subside.」

「In the cloud infrastructure market, which is the Group’s principal business area, DX (Note 1) amid the COVID-19 pandemic continues as expectations rise for the pandemic to subside.」

「In the cloud infrastructure market, the Group’s principal business area, migration from on-premises systems to the cloud continues alongside DX (Note 1) amid the COVID-19 pandemic. The market has remained steady as the use of services associated with cloud adoption has expanded.」

「Discoveriez expects to expand its business on the assumption that the cloud market will continue to grow. However, if expansion of the cloud market does not progress as expected due to factors such as the introduction of new legal regulations or a stagnation in technological innovation, the Group’s operating results and financial condition may be affected, including through a possible slowdown in the number of new contracts.」