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Smartvalue (9417) · FactRestated

Expansion of Japan’s Cloud Services Market

First written in FY2016. 10 of 17 entries say "Restated". Latest entry: FY2025.

17entries
10years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2020RestatedFY2024-Q2 – FY20252016: 22017: 420172018: 420182019: 220192020: 120202021: 020212022: 020222023: 120232024: 220242025: 12025
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

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

11 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.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「The shift to cloud-based systems has become increasingly pronounced as the move toward government digitalisation, including online procedures, has gained momentum, leading to initiatives such as government cloud and digital marketplaces.」

    The shift to cloud-based systems for government digitalisation, government cloud and digital marketplaces continues to be described as part of the market environment.
  2. FY2024RestatedAnnual report

    「The migration of government systems to the cloud is progressing rapidly and the market is expanding. However, the market remains constrained by lock-in to major vendors, and it is difficult to say that it has become open. Our impression is that further market growth that delivers convenience to residents and improves the efficiency of government operations remains some way off.」

    The market expansion resulting from the migration of government systems to the cloud is noted, while the delay in opening up the market is also mentioned.
  3. FY2024-Q2RestatedAnnual report

    「The shift to cloud-based systems has become increasingly pronounced as the move toward government digitalisation, including online procedures, has gained momentum, leading to initiatives such as government cloud (Note 4) and digital marketplaces (Note 5).」

    The shift to cloud-based systems for government digitalisation, government cloud and digital marketplaces continues to be described as a backdrop to market expansion.
  4. FY2024-Q1AdvancedAnnual report

    「The shift to cloud-based systems has become increasingly pronounced as the move toward government digitalisation, including online procedures, has gained momentum, leading to initiatives such as government cloud (Note 4) and digital marketplaces (Note 5).」

    Government digitalisation, government cloud and the shift to digital marketplaces have newly been identified in more concrete terms as drivers of expansion in Japan's domestic cloud market.
  5. FY2020RestatedAnnual report

    「The cloud market has also become an essential foundation for IoT-related service platforms. The market is expected to continue expanding, driven by the ongoing shift toward cloud-first (Note 1) strategies and the promotion of open government.」

    The market expansion outlook remains in place, supported by cloud-first strategies, open government and cloud as an IoT platform.
  6. FY2019AdvancedAnnual report

    「In Japan's domestic cloud services market, the market size in FY2018 (April 2018 to March 2019) grew substantially to ¥1,942.2 billion, up 18.1% year on year. It is expected to expand to ¥4,475.4 billion by FY2023.」

    Actual FY2018 results for Japan's domestic cloud services market and a new forecast for expansion to ¥4,475.4 billion by FY2023 were presented.
  7. FY2019-Q3RestatedAnnual report

    「In Japan's domestic cloud services market (Note 1), the percentage of Japanese companies using cloud services reached 56.9% in 2017, exceeding 50% for the first time since company-focused surveys began in 1993. Corporate use of cloud services is expected to continue expanding, with an average annual growth rate of 20.6% through FY2021. The market is forecast to grow to ¥3,571.3 billion in FY2021, 2.6 times its FY2016 size.」

    The 56.9% domestic corporate cloud adoption rate and the growth forecast through FY2021 continue to be presented with the same content as previously.
  8. FY2019-Q1AdvancedAnnual report

    「In Japan's domestic cloud services market (Note 1), the percentage of Japanese companies using cloud services reached 56.9% in 2017, exceeding 50% for the first time since company-focused surveys began in 1993. Corporate use of cloud services is expected to continue expanding, with an average annual growth rate of 20.6% through FY2021. The market is forecast to grow to ¥3,571.3 billion in FY2021, 2.6 times its FY2016 size.」

    The percentage of domestic companies using cloud services reached 56.9% in 2017, exceeding 50% for the first time since the survey began. The previous forecast of 20.6% growth through FY2021 and a market size of ¥3,571.3 billion also remains in place.
  9. FY2018RestatedAnnual report

    「The domestic cloud services market (Note 1) grew substantially to ¥1.4003 trillion in fiscal 2016, up 38.5% year on year. Cloud-services adoption continues to expand particularly among small and medium-sized companies, and as migration of existing in-house systems to the cloud accelerates, the market is forecast to grow at a compound annual rate of 20.6% through fiscal 2021, reaching ¥3.5713 trillion in fiscal 2021, or 2.6 times the fiscal 2016 level.」

    The market performance and growth forecast through FY2021 presented in the previous fiscal year continue to be described as part of the business environment.
  10. FY2018-Q3RestatedAnnual report

    「The domestic cloud services market (Note 1) grew substantially to ¥1.4003 trillion in fiscal 2016, up 38.5% year on year. Cloud-services adoption continues to expand particularly among small and medium-sized companies, and as migration of existing in-house systems to the cloud accelerates, the market is forecast to grow at a compound annual rate of 20.6% through fiscal 2021, reaching ¥3.5713 trillion in fiscal 2021, or 2.6 times the fiscal 2016 level (Source: MM Research Institute, “Domestic Cloud Services Demand Trends, December 2017”).」

    The market performance for FY2016, a forecast average annual growth rate of 20.6% through FY2021, and a forecast market size of ¥3,571.3 billion, as presented in the previous quarter, continue to be described as part of the business environment.
  11. FY2018-Q2AdvancedAnnual report

    「The domestic cloud services market (Note 1) grew substantially to ¥1.4003 trillion in fiscal 2016, up 38.5% year on year. Cloud-services adoption continues to expand particularly among small and medium-sized companies, and as migration of existing in-house systems to the cloud accelerates, the market is forecast to grow at a compound annual rate of 20.6% through fiscal 2021, reaching ¥3.5713 trillion in fiscal 2021, or 2.6 times the fiscal 2016 level.」

    The company presented new forecasts for the domestic cloud services market, including fiscal 2016 actual market size, a projected compound annual growth rate of 20.6% through fiscal 2021, and projected market size of ¥3.5713 trillion.
  12. FY2018-Q1AdvancedAnnual report

    「According to the Ministry of Internal Affairs and Communications' “2016 Communications Usage Trend Survey Report (Corporate Edition),” the percentage of companies using cloud services in the domestic cloud services market (Note 1) has been rising each year, reaching 46.6% as of the end of September 2016.」

    The latest actual figure reported for domestic companies' cloud-services adoption rate was 46.6% as of the end of September 2016.
  13. FY2017RestatedAnnual report

    「Against the backdrop of the shift toward cloud-first, migration of existing in-house systems to the cloud is accelerating. Accordingly, the market is forecast to grow at a compound annual rate of 27.4% through fiscal 2020 and exceed ¥3 trillion in fiscal 2020.」

    The growth outlook for the domestic cloud services market and accelerating cloud migration continue to be described as business conditions.
  14. FY2017-Q3RestatedAnnual report

    「Against the backdrop of the shift toward cloud-first (Note 2), migration of existing in-house systems to the cloud is accelerating. Accordingly, the market is forecast to grow at a compound annual rate of 27.4% through fiscal 2020 and exceed ¥3 trillion in fiscal 2020.」

    The growth outlook for the domestic cloud services market and accelerating cloud migration continue to be described as business conditions.
  15. FY2017-Q2AdvancedAnnual report

    「The market was estimated at ¥1.0108 trillion in fiscal 2015, up 33.7% year on year, exceeding ¥1 trillion for the first time. As migration of existing in-house systems to the cloud accelerates, the market is forecast to exceed ¥3 trillion in fiscal 2020, with a projected compound annual growth rate of 27.4% through fiscal 2020, driven by the continued shift toward cloud-first (Note 2).」

    The company presented new market forecasts for the domestic cloud services market: fiscal 2015 actual market size exceeded ¥1 trillion for the first time, the market is expected to exceed ¥3 trillion in fiscal 2020, and the projected compound annual growth rate is 27.4%.
  16. FY2017-Q1RestatedAnnual report

    「The domestic cloud services market, which is our target market, was estimated at ¥774.9 billion in fiscal 2014 and is expected to expand 2.7-fold to approximately ¥2.0679 trillion in fiscal 2019.」

    As in the previous disclosure, projected expansion of the domestic cloud services market and the shift toward cloud-first are described as business conditions.
  17. FY2016First statedAnnual report

    「The market was estimated at ¥774.9 billion in fiscal 2014 and is expected to expand 2.7-fold to approximately ¥2.0679 trillion in fiscal 2019.」

    The company describes projected cloud-market expansion as part of the market environment underlying the Cloud Solutions business.
Moved together

"Focus on the Cloud Solutions Business and Expansion of Corporate Value" moved the same way as this thread, in the same document, in 5 of its 17 moves.

555322★123456
  1. ★This thread
  2. 1Focus on the Cloud Solutions Business and Expansion of Corporate Value5×
  3. 2Expansion from telematics to a mobility IoT platform5×
  4. 3Expansion of the Regional Information Cloud and Growth in Recurring Revenue5×
  5. 4Maintaining the Mobile Business's Revenue Base3×
  6. 5Expansion of Sales Regions and Strengthening of Cloud Products2×
  7. 6Resource Allocation to Highly Profitable Businesses and Restructuring of the Business Portfolio2×

★ 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.

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Expansion of Japan’s Cloud Services Market | Smartvalue Co.,Ltd. (9417) | Komori