WOW WORLD 2352

WOW WORLD develops and sells emailing and related software and services under the WEBCAS brand. In FY03/18, it posted revenue of JPY1.5bn (+14.5% YoY) and operating profit of JPY348mn (+21.3% YoY). The company holds a 12% share of the emailing software space, making it the No. 4 company in the domestic emailing software market of over 200 companies. The company has three segments: Applications, Consulting, and Custom Development. The Applications segment generates 80% of total revenue and nearly all the operating profit. In this business, the company develops the WEBCAS systems, which it offers in two formats: cloud services (offered over the internet; 70% of segment revenue) and on-premises services (licensed software that runs on client servers; 30% of segment revenue). Azia stands out as the only emailing software company in Japan offering customized cloud services that cater to individual client needs.