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HeartCore’s CMS Platform Achieves Top Market Share in Japan for Nine Consecutive Years

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HeartCore Enterprises, Inc. (Nasdaq: HTCR) has announced that its Content Management System (CMS) platform has achieved the top market share in sales value in Japan for nine consecutive years, according to ITR HeartCore owns a leading 15.1% market share in Japan, with the second contender at 12.5%. Over 700 Japanese companies have implemented HeartCore's CMS as their primary platform for corporate content management.

The company's cost reduction initiatives and sales growth have resulted in two consecutive quarters of profitable performance within its software arm. HeartCore CEO Sumitaka Kanno highlighted the launch of a Management Screen Builder feature last December, enhancing website operation capabilities. The acquisitions of Sigmaways and Sabatini Global last year have positively impacted growth, and HeartCore remains focused on exploring additional synergistic opportunities to expand its global presence.

HeartCore Enterprises, Inc. (Nasdaq: HTCR) ha annunciato che la sua piattaforma di Content Management System (CMS) ha raggiunto il massimo quota di mercato in valore di vendite in Giappone per nove anni consecutivi, secondo ITR. HeartCore detiene una quota di mercato leader del 15,1% in Giappone, con il secondo concorrente al 12,5%. Oltre 700 aziende giapponesi hanno implementato il CMS di HeartCore come loro piattaforma principale per la gestione dei contenuti aziendali.

Le iniziative di riduzione dei costi e la crescita delle vendite dell'azienda hanno portato a due trimestri consecutivi di performance profittevole nella sua divisione software. Il CEO di HeartCore, Sumitaka Kanno, ha evidenziato il lancio di una funzione di Management Screen Builder lo scorso dicembre, migliorando le capacità operative del sito web. Le acquisizioni di Sigmaways e Sabatini Global lo scorso anno hanno avuto un impatto positivo sulla crescita e HeartCore rimane concentrata sull'esplorazione di ulteriori opportunità sinergiche per espandere la propria presenza globale.

HeartCore Enterprises, Inc. (Nasdaq: HTCR) ha anunciado que su plataforma de Content Management System (CMS) ha alcanzado la máxima cuota de mercado en valor de ventas en Japón durante nueve años consecutivos, según ITR. HeartCore posee una cuota de mercado líder del 15,1% en Japón, con el segundo contendiente en 12,5%. Más de 700 empresas japonesas han implementado el CMS de HeartCore como su plataforma principal para la gestión de contenido corporativo.

Las iniciativas de reducción de costos y el crecimiento de ventas de la empresa han resultado en dos trimestres consecutivos de rendimiento rentable dentro de su división de software. El CEO de HeartCore, Sumitaka Kanno, destacó el lanzamiento de una función de Management Screen Builder el pasado diciembre, mejorando las capacidades de operación del sitio web. Las adquisiciones de Sigmaways y Sabatini Global el año pasado han impactado positivamente el crecimiento, y HeartCore se mantiene enfocada en explorar oportunidades sinérgicas adicionales para expandir su presencia global.

HeartCore Enterprises, Inc. (Nasdaq: HTCR)가 자사의 콘텐츠 관리 시스템(CMS) 플랫폼이 일본에서 9년 연속으로 판매 가치 기준 최대 시장 점유율을 기록했다고 발표했습니다. ITR에 따르면 HeartCore는 일본에서 15.1%의 시장 점유율을 보유하고 있으며, 두 번째 경쟁자는 12.5%입니다. 700개 이상의 일본 기업이 HeartCore의 CMS를 기업 콘텐츠 관리의 주요 플랫폼으로 도입했습니다.

회사의 비용 절감 노력과 판매 성장 덕분에 소프트웨어 부문에서 두 번째 분기 연속으로 수익성 있는 성과를 기록했습니다. HeartCore의 CEO인 스미타카 칸노는 지난 12월에 관리 화면 빌더 기능을 출시하여 웹사이트 운영 능력을 향상시켰다고 언급했습니다. 지난해 시그마웨이즈와 사바티니 글로벌을 인수하면서 성장이 긍정적인 영향을 받았으며, HeartCore는 글로벌 입지를 확장하기 위한 추가 시너지 기회를 탐색하는 데 집중하고 있습니다.

HeartCore Enterprises, Inc. (Nasdaq: HTCR) a annoncé que sa plateforme de Content Management System (CMS) a atteint la plus grande part de marché en valeur de ventes au Japon pendant neuf années consécutives, selon ITR. HeartCore possède une part de marché leader de 15,1% au Japon, tandis que le deuxième concurrent est à 12,5%. Plus de 700 entreprises japonaises ont mis en œuvre le CMS de HeartCore comme leur principale plateforme de gestion de contenu d'entreprise.

Les initiatives de réduction des coûts et la croissance des ventes de l'entreprise ont abouti à deux trimestres consécutifs de performance rentable dans son secteur logiciel. Le PDG de HeartCore, Sumitaka Kanno, a souligné le lancement d'une fonction de constructeur d'écran de gestion en décembre dernier, améliorant ainsi les capacités opérationnelles du site web. Les acquisitions de Sigmaways et de Sabatini Global l'année dernière ont eu un impact positif sur la croissance, et HeartCore reste concentrée sur l'exploration d'autres opportunités synergiques pour étendre sa présence mondiale.

HeartCore Enterprises, Inc. (Nasdaq: HTCR) hat angekündigt, dass ihre Content Management System (CMS) Plattform neun Jahre in Folge den höchsten Marktanteil im Verkaufswert in Japan erreicht hat, so ITR. HeartCore besitzt einen führenden Marktanteil von 15,1% in Japan, während der zweite Mitbewerber bei 12,5% liegt. Über 700 japanische Unternehmen haben das CMS von HeartCore als ihre Hauptplattform für das Unternehmenscontentmanagement implementiert.

Die Kostensenkungsinitiativen und das Umsatzwachstum des Unternehmens haben zu zwei aufeinanderfolgenden Quartalen mit profitabler Leistung in seinem Softwarebereich geführt. HeartCore-CEO Sumitaka Kanno hob den Start einer Management Screen Builder-Funktion im vergangenen Dezember hervor, die die Betriebsfähigkeit von Websites verbessern soll. Die Übernahmen von Sigmaways und Sabatini Global im letzten Jahr haben das Wachstum positiv beeinflusst, und HeartCore bleibt darauf fokussiert, weitere synergetische Chancen zur Expansion ihrer globalen Präsenz zu erkunden.

Positive
  • Achieved top market share in CMS sales value in Japan for 9 consecutive years
  • Leading 15.1% market share in Japan's CMS market
  • Over 700 Japanese companies have implemented HeartCore's CMS
  • Two consecutive quarters of profitable performance in the software arm
  • Successful launch of Management Screen Builder feature enhancing product capabilities
  • Positive impact from acquisitions of Sigmaways and Sabatini Global
Negative
  • None.

Insights

HeartCore's CMS platform maintaining the top market share in Japan for nine consecutive years is a significant achievement in the competitive software industry. With a 15.1% market share, outpacing the nearest competitor by 2.6%, HeartCore demonstrates strong market positioning and customer loyalty. The platform's adoption by over 700 Japanese companies indicates a robust and growing customer base.

The company's focus on cost reduction while driving sales growth has resulted in two consecutive profitable quarters for its software division, signaling improved operational efficiency. The launch of the Management Screen Builder feature shows ongoing innovation, which is important for maintaining a competitive edge in the CMS market.

HeartCore's strategic acquisitions of Sigmaways and Sabatini Global suggest a deliberate expansion strategy, potentially opening new markets and revenue streams. This diversification could help mitigate risks associated with market concentration and provide avenues for cross-selling opportunities.

For investors, HeartCore's consistent market leadership and profitability trajectory in its core business, coupled with strategic acquisitions, present a positive outlook. However, it's important to monitor how the company leverages these advantages for sustainable growth and global expansion in the face of evolving market dynamics and potential new entrants.

NEW YORK and TOKYO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced its Content Management System (“CMS”) platform has achieved top market share in sales value in Japan for nine consecutive years, according to ITR Corporation, an independent IT consulting and research firm. The report disclosed that HeartCore owns a leading 15.1% market share in Japan, with the second contender behind the Company at 12.5%.

This achievement underscores the unwavering confidence that over 700 Japanese companies have placed in HeartCore’s CMS as the primary platform for corporate content management, further solidifying its position as the leading CMS platform in Japan. The Company’s proactive cost reduction initiatives, in tandem with sales growth, has resulted in two consecutive quarters of profitable performance within its software arm.

“For the 9th consecutive year, our CMS platform has achieved the top market share in sales value in Japan, a reflection of our team’s ability to sustain growth,” said HeartCore CEO Sumitaka Kanno. “Our sales and marketing team continues to execute and capture new customer wins, with over 700 Japanese companies having implemented our CMS platform. Effective cost management continues to remain a key focus, as we anticipate another profitable quarter across this arm of the business. In addition, last December, we launched a Management Screen Builder feature that enhances website operation capabilities, further driving innovation and strengthening our competitive advantage. Our acquisition of Sigmaways and Sabatini Global last year has also positively impacted our growth and we remain focused on exploring additional synergistic opportunities to further grow the presence of HeartCore in the global market.”

About HeartCore Enterprises, Inc.
Headquartered in Tokyo, Japan, HeartCore Enterprises is a leading enterprise software and consulting services company. HeartCore offers Software as a Service (SaaS) solutions to enterprise customers in Japan and worldwide. The Company also provides data analytics services that allow enterprise businesses to create tailored web experiences for their clients through best-in-class design. HeartCore’s customer experience management platform (CXM Platform) includes marketing, sales, service and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement. HeartCore also operates a digital transformation business that provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises. HeartCore’s GO IPOSM consulting services helps Japanese-based companies go public in the U.S. Additional information about the Company's products and services is available at https://heartcore-enterprises.com/.

Forward-Looking Statements
All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,” “continue,” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.

HeartCore Investor Relations Contact:
Gateway Group, Inc.
Matt Glover and John Yi
HTCR@gateway-grp.com
(949) 574-3860


FAQ

What is HeartCore's market share for its CMS platform in Japan?

According to the press release, HeartCore's CMS platform has a leading 15.1% market share in Japan, as reported by ITR

How many consecutive years has HeartCore (HTCR) maintained top market share in Japan for its CMS platform?

HeartCore has achieved top market share in sales value for its CMS platform in Japan for nine consecutive years.

How many Japanese companies have implemented HeartCore's CMS platform?

Over 700 Japanese companies have implemented HeartCore's CMS as their primary platform for corporate content management.

What new feature did HeartCore (HTCR) launch for its CMS platform in December?

HeartCore launched a Management Screen Builder feature in December, which enhances website operation capabilities.

Has HeartCore (HTCR) reported profitability in its software arm recently?

Yes, HeartCore has reported two consecutive quarters of profitable performance within its software arm.

Heartcore Enterprises, Inc.

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