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Gmo Prime Strategy (5250) · RiskMitigated

Risk of Slower Growth in the Cloud Computing Market

First written in FY2022. 1 of 3 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2023.

3entries
2years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022WorsenedFY2023-Q32023: 220232024: 12024
Same theme, other companies
Demand decline due to slowing growth in the cloud services marketA theme 13 companies write about · 13 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2023: 2 of 8 companies on the "Worse" side.

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

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. FY2023MitigatedAnnual report

    「As reflected in the widespread use of the terms "digital transformation (DX)" and "cloud first," referring to a strategy of operating a business on the assumption that cloud services will be used, the cloud computing market continues to grow rapidly, and this growth trend is expected to continue.」

    In contrast to the outlook presented in the previous quarter for slower growth from 2023 onward, the risk disclosure in this report indicates that the market is expected to continue growing rapidly. The risk is also assessed as having a low likelihood of occurrence and a low degree of impact.
  2. FY2023-Q3WorsenedAnnual report

    「Next, Japan's domestic cloud market is expected to experience a significant slowdown in growth in 2023 compared with 2022. Growth in the replacement and efficiency segment of Japan's domestic cloud market, which has achieved high growth supported by cloud migration, is expected to decline rapidly year on year from 2024 onward as cloud journeys develop toward DX and data-driven businesses and the market expands. IT suppliers are said to need to link the immediate large-scale demand for cloud migration with DX and data-driven businesses, which represent a major growth area going forward.」

    New information indicates that growth in the domestic cloud market slowed significantly in 2023 and that the year-on-year growth rate is expected to decline rapidly from 2024 onward, making the outlook for the risk of slowing growth more specific.
  3. FY2022First statedAnnual report

    「If customers' willingness to invest in IT declines due to domestic or international economic conditions or business trends, causing growth in the cloud computing market to slow, this could affect the Group's financial position and results of operations.」

    The company states that it will review market reports and invest in new growth markets if a slowdown is expected.
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Risk of Slower Growth in the Cloud Computing Market | GMO PRIME STRATEGY CO.,LTD. (5250) | Komori