Risk of reliance on cloud providers’ marketplaces and contractual terms
First written in FY2022. 1 of 2 entries say "Reframed", first in FY2023. Latest entry: FY2023.
Gmo Prime Strategy moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2023: 3 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「④ Platform risk The Group's content, comprising products and licences, is provided to users through cloud service providers under agreements governing the use of each provider's marketplace.」
The company categorises the former risk of dependence on cloud service providers' marketplaces and contractual terms as "platform risk," including the risk that content may become unavailable due to unforeseen circumstances. - FY2022First statedAnnual report
「Changes in a cloud service provider's business policies or fee rates, or a determination that the Group's content is unsuitable because it does not sufficiently meet the provider's requirements, could prevent the Group from entering into or continuing contracts for the provision of content. This could affect the Group's results of operations and business development.」
The company states that it will respond by regularly collecting information from the relevant contacts at each cloud service provider, and that as of the filing date no event had occurred that would affect the continuation of its contracts or similar arrangements.