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WingArc1st (4432) · FactReframed

Growth Opportunities in Japan’s Software and Cloud Markets

First written in FY2021. 14 of 20 entries say "Reframed", first in FY2022. Latest entry: 2026-10-14.

20entries
6years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2021 – FY2022-Q3ReframedFY2023-Q3 – FY2024-Q1ReframedFY2024-Q3 – 2026-10-142021: 320212022: 420222023: 320232024: 420242025: 220252026: 42026
Same theme, other companies
Expansion of the Domestic Public Cloud Services MarketA theme 17 companies write about · 0 as a headwind · 17 as a tailwind

WingArc1st moved to the "Worse" side of this theme in 2024.

The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.

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

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.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. 2026-10-14ReframedEarnings

    「2026年の企業向けIT市場は前年比6.0%増と堅調な成長が見込まれております」

    市場機会の説明を2026年予測へ更新した。
  2. FY2027-H1ReframedAnnual report

    「The corporate IT market in 2026 is expected to grow steadily by 6.0% year on year.” Japan’s public cloud market in 2026 is expected to continue growing at a very high rate, up 26.8% year on year.」

    The market opportunity discussion was updated to reflect the 2026 forecasts, indicating expected growth of 6.0% for the corporate IT market and 26.8% for Japan’s public cloud market. Generative AI, legacy-system modernization and cloud infrastructure supporting AI utilization are identified as growth drivers.
  3. FY2026ReframedAnnual report

    「Japan's enterprise IT market continues to see investment in productivity improvements, stronger digital businesses, and the renewal of existing systems, and is expected to grow steadily by 5.1% year on year in 2026. The cloud market in 2026 is expected to remain at a very high level, growing 20.4% year on year.」

    Updated the description of market opportunities to the 2026 forecast, identifying the modernization of existing systems, the use of generative AI in business operations, and the development of AI agents as growth drivers.
  4. 2026-04-09ReframedEarnings

    「Meanwhile, as generative AI evolves from AI assistants to AI agents, and as data infrastructure is developed to expand its use across a broader range of operations and improve accuracy, the cloud market is expected to continue growing substantially. The cloud market in 2026 is expected to remain at a very high level, increasing 20.4% year on year.」

    The explanation of the market opportunity was updated to include the evolution from AI assistants to AI agents and the development of data infrastructure.
  5. FY2026-H1ReframedAnnual report

    「Against this backdrop, the enterprise IT market is expected to continue growing steadily, increasing 9.7% year on year in 2025 as digitalization and digital business initiatives to improve productivity and strengthen competitiveness advance further. Japan's public cloud market is expected to achieve very strong growth of 20.2% year on year in 2025.」

    Updated the description of market opportunities and presented forecasts of 9.7% growth in the enterprise IT market and 20.2% growth in Japan's public cloud market in 2025. It also identified the implementation of generative AI in business operations, the migration of legacy systems to the cloud, and the government cloud and standardization of local government systems as growth drivers.
  6. FY2025ReframedAnnual report

    「Japan's software market is expected to grow at an average annual rate of 7.8% from fiscal 2023 and reach ¥3,663.7 billion in fiscal 2028 (forecast). The cloud market is expected to expand significantly, growing at an average annual rate of 10.9% from fiscal 2023 and reaching ¥2,907.8 billion in fiscal 2028 (forecast).」

    Updated the description of market opportunities to the fiscal 2028 forecast, identifying the integration of AI and cloud services and the standardization of local government systems, in addition to growth in the software and cloud markets, as growth drivers.
  7. FY2025-H1ReframedAnnual report

    「In addition, the rapid evolution of AI is prompting companies to review their digital strategies, and the focus of AI adoption within companies is shifting from proof-of-concept testing to implementation in actual business operations. The enterprise IT market is expected to grow steadily by 7.3% year on year in 2024. The cloud market is expected to continue its strong growth, expanding 22.2% year on year in 2024, driven by the diversification of cloud migration from web systems to ERP, the shift to cloud-native environments, and increased investment in DX.」

    Updated the description of market opportunities and presented forecasts for 7.3% growth in the enterprise IT market and 22.2% growth in the cloud market in 2024. For AI, it described the shift from proof-of-concept testing to implementation in actual business operations.
  8. FY2025-Q1ReframedAnnual report

    「Although exceptional demand for remote work and paperless operations during the COVID-19 period has settled, investment related to digital transformation and cloud migration is advancing, and strong system investment, particularly among large enterprises, continues in the enterprise IT market to which the Group belongs. Digital government, led by the Digital Agency, could significantly expand the market by strongly advancing the digitization of systems used by central and local governments and creating numerous public-private services. In addition, the rapid evolution of AI is prompting companies to review their digital strategies. Vendors are beginning to incorporate AI into customer-facing services as companies seek to use AI across all operations to improve productivity and strengthen competitiveness. The enterprise IT market is expected to grow steadily by 7.3% from the previous fiscal year in 2024. The cloud market is also expected to continue growing strongly, up 19.8% from the previous fiscal year in 2024.」

    Updated the description of market opportunities from the special demand during the COVID-19 period to DX and cloud migration, digital government, and AI adoption, and presented forecasts for 7.3% growth in the enterprise IT market and 19.8% growth in the cloud market in 2024.
  9. FY2024ReframedAnnual report

    「Japan’s domestic software market is expected to grow at an average annual rate of 7.7% from fiscal 2022 and reach ¥2,869.9 billion in fiscal 2027 (forecast). The cloud market is expected to grow at an average annual rate of 11.7% from fiscal 2022 and reach ¥2,098.9 billion in fiscal 2027 (forecast).」

    The description of market opportunities was updated to present new growth forecasts through fiscal 2027 for Japan’s domestic software and cloud markets.
  10. FY2024-Q3ReframedAnnual report

    「Japan’s enterprise IT market is expected to grow steadily by 7.0% year on year in 2023, driven by the recovery in domestic service demand and inbound demand following the COVID-19 pandemic. Although cloud market growth is expected to slow following the sharp expansion driven by demand for remote work and the boost to growth rates from the weaker yen, migration from on-premises to cloud environments will continue, and the market is expected to achieve strong growth of 27.0% year on year in 2023.」

    The description of market opportunities was updated to forecast year-on-year growth of 7.0% for Japan’s enterprise IT market and 27.0% for the cloud market in 2023.
  11. FY2024-Q2RestatedAnnual report

    「The enterprise IT market to which the Group belongs is shifting toward an industry structure less susceptible to external factors, such as cloud adoption and the spread of subscription models. In addition, active corporate investment is expected to continue, driven by remote work, stronger supply chains, paperless operations and compliance with regulations including the Electronic Bookkeeping Act and the invoice system.」

    The company continues to indicate that corporate IT investment will continue against a backdrop of cloud adoption, the spread of subscription models, paperless operations and regulatory compliance.
  12. FY2024-Q1ReframedAnnual report

    「Japan’s IT market is expected to grow steadily by 5.8% year on year in 2023. Although cloud market growth is expected to slow following the sharp expansion driven by demand for remote work and the boost to growth rates from the weaker yen, migration from on-premises to cloud environments will continue, and the market is expected to achieve strong growth of 27.0% year on year in 2023.」

    The description of market opportunities was updated to forecast year-on-year growth of 5.8% for Japan’s domestic IT market and 27.0% for the cloud market in 2023.
  13. FY2023-Q3ReframedAnnual report

    「The enterprise IT market itself is shifting toward an industry structure less susceptible to external factors, such as the migration of corporate systems to the cloud and the spread of subscription models. It is expected to grow steadily by 4.4% year on year in 2022. In particular, the cloud market is expected to grow substantially by 29.2% year on year in 2022, driven by the expansion of public clouds and further corporate investment in their own cloud systems, including digital transformation and cloud migration.」

    The expected growth of Japan’s domestic enterprise IT market in 2022 was revised from 4.7% to 4.4% year on year, while the expected 29.2% year-on-year growth of the cloud market was maintained.
  14. FY2023-Q2RestatedAnnual report

    「The enterprise IT market to which the Group belongs is expanding, led by cloud services, due to the growth of contactless activities and services resulting from COVID-19 and increased investment in digital transformation to improve corporate productivity and strengthen competitiveness. The market is expected to grow steadily by 4.7% year on year in 2022. In particular, the cloud market is expected to grow substantially by 29.2% year on year in 2022, driven by the expansion of public clouds and further corporate investment in their own cloud systems, including digital transformation and cloud migration.」

    The company continues to present growth prospects for the enterprise IT and cloud markets, with forecasts of year-on-year growth of 4.7% and 29.2%, respectively.
  15. FY2023-Q1ReframedAnnual report

    「The enterprise IT market to which the Group belongs is expanding, led by cloud services, due to the growth of contactless activities and services resulting from COVID-19 and increased investment in digital transformation to improve corporate productivity and strengthen competitiveness. The market is expected to grow steadily by 4.7% year on year in 2022. In particular, the cloud market is expected to grow substantially by 29.2% year on year in 2022, driven by the expansion of public clouds and further corporate investment in their own cloud systems, including digital transformation and cloud migration.」

    The description of market opportunities was updated to forecast year-on-year growth of 4.7% for Japan’s domestic IT market and 29.2% for the cloud market in 2022. It also mentions policy support from the amended Electronic Bookkeeping Act and the invoice system.
  16. FY2022ReframedAnnual report

    「Japan’s domestic software market is growing steadily at an average annual rate of 8.4% from fiscal 2020, driven by increased investment to digitize corporate operations and achieve digital transformation, as well as efforts to adapt to the new normal, including remote work in response to COVID-19, and government support such as the amended Electronic Bookkeeping Act. The market is expected to reach ¥2,319.0 billion in fiscal 2025 (forecast). Cloud services, a leading example of the subscription business model, are expected to grow at an average annual rate of 13.3% from fiscal 2020 and reach ¥1,460.7 billion in fiscal 2025 (forecast).」

    The description of market opportunities was updated to present new research-based forecasts for Japan’s domestic software and cloud markets for fiscal 2025.
  17. FY2022-Q3RestatedAnnual report

    「The cloud market is expected to continue growing rapidly, driven by the resumption of projects suspended during the COVID-19 pandemic and increased corporate efforts toward digital transformation. It is expected to grow at an average annual rate of 25.9% through 2025.」

    The company continues to indicate that the cloud market is expected to grow at an average annual rate of 25.9% through 2025.
  18. FY2022-Q2RestatedAnnual report

    「The cloud market is expected to continue growing rapidly, driven by the resumption of projects suspended during the COVID-19 pandemic and increased corporate efforts toward digital transformation. It is expected to grow at an average annual rate of 25.9% through 2025.」

    The company continues to indicate that the cloud market is expected to grow at an average annual rate of 25.9% through 2025.
  19. FY2022-Q1RestatedAnnual report

    「The cloud market is expected to continue growing rapidly, driven by the resumption of projects suspended during the COVID-19 pandemic and increased corporate efforts toward digital transformation. It is expected to grow at an average annual rate of 25.9% through 2025.」

    The company continues to present growth opportunities in the cloud market, together with an expected average annual growth rate of 25.9% through 2025.
  20. FY2021First statedAnnual report

    「Japan’s domestic software market is growing steadily at an average annual rate of 7.7% from fiscal 2019, driven by increased investment in work-style reform and digital transformation to strengthen corporate competitiveness. It is expected to reach ¥1,993.6 billion in fiscal 2024.」

    The company describes investment in digital transformation and the expanding use of cloud services as external factors supporting business growth.
Moved together

"Potential Dilution from the Exercise of Stock Acquisition Rights" moved the same way as this thread, in the same document, in 12 of its 20 moves.

126442★12345
  1. ★This thread
  2. 1Potential Dilution from the Exercise of Stock Acquisition Rights12×
  3. 2Impact of Geopolitical Factors on Supply Chains, Resource Prices and IT Investment6×
  4. 3Liquidity and share price risks arising from changes in the policies of major shareholders and business partners4×
  5. 4Maintaining and Improving Contract Retention Rates4×
  6. 5Impact of the COVID-19 pandemic on orders, IT investment and business performance2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for WingArc1st yet. It last moved in the Earnings of 2026-10-14: "Reframed".
News
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Growth Opportunities in Japan’s Software and Cloud Markets | WingArc1st Inc. (4432) | Komori