Japan Compliance 2007

Governance, Risk and Compliance

Publication Date	February 2008
Publisher	IDC
Product Type	Report
Pages	67
ISBN Number	not applicable
Product Code	IDC04111

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Summary

This IDC study analyzes the implementation trends of various solutions and the correlation with compliance-related IT platforms of the governance/risk/compliance (GRC management) solutions market in the Japan compliance market, based on the results of user surveys. It outlines the measures toward internal controls in Japan-listed companies and presents a forecast of the investment size of the GRC management applications market in the Japan financial sector. The Japan financial GRC management application market is forecast at 1.1 billion yen in 2006 and 1.4 billion yen in 2007. The market will have a CAGR of 36.6% from 2006 to reach 5.1 billion yen in 2011. From 2007 to 2008, compliance management solutions will be increasingly implemented mainly in global companies that are leading in internal control over financial reporting. However, IDC expects the market to enter full-scale growth from 2010.

Financial GRC management solutions have a strong interdependent relationship with high-growing compliance-related IT infrastructure software such as content applications, system/network management software and data access analysis/delivery software. This market promotes across-organizational IT changes and should be watched by user companies."In terms of organizational and technical measures for IT systems, vendors that target global companies in Japan should actively develop and provide solutions to support the construction of company-wide risk management system for the global market,"observes Eiji Sasahara, Research Manager, IT Spending, IDC Japan.

Content

IDC Opinion
In This Study
- Methodology
- Market Size Definitions
- Executive Summary
Situation Overview
- Compliance
- Figure: Compliance Stakeholders and Governing Legislations
- Figure: Compliance Market Classification
- Definition of Governance, Risk, and Compliance (GRC) Management Solutions
- Figure: Governance, Risk, and Compliance (GRC) Management Solutions Platform for Financial Compliance
- Table: Classification of Financial GRC Management Solutions Market by Functions
- Figure: Relationship Between GRC Management Solutions and Application Market
- Table: Main Application Vendors in Financial GRC Management Solutions Market
- U.S. GRC Management Solutions Market Trend (Reference)
  - U.S. GRC Management Solutions Market Trends, 2004-2005
  - U.S. GRC Management Solutions Market Trends, 2006
  - U.S. GRC Management Solutions Market Trends, 2007
- Trends of Laws and Regulations Over Japan GRC Management
- Table: Companies Being Issued the Fine Order by the Securities Exchange Audit Committee
- GRC Management Solutions Implementation Trends as Observed From User Survey
  - Overall Implementation Trends
  - Figure: GRC Management Solutions Implementation
  - Table: GRC Management Solutions Implementation by Industry
  - GRC Management Solutions and Compliance Promotion Activities
  - Figure: Presence of GRC Management Solutions: Implementation by Compliance Promotion Organizations
  - Figure: Presence of GRC Management Solutions: Compliance Implementation in External Institutions
  - Figure: Presence of GRC Management Solutions: Compliance Promotion System Implementation
  - Figure: Presence of GRC Management Solutions: Stakeholders with Priority
  - Figure: Presence of GRC Management Solutions: Legislations with Priority
  - GRC Management Solutions and Compliance-Related IT Investments
    - GRC Management Solutions and Compliance Infrastructure Market
    - Figure: Presence of GRC Management Solutions: Compliance Hardware Implementation Rates
    - Figure: Presence of GRC Management Solutions: Compliance Software Implementation Rates
    - Figure: Presence of GRC Management Solutions: Compliance Service Implementation Rates
    - GRC Management Solutions and Other IT Products/Services
    - Figure: Presence of GRC Management Solutions: Other Hardware Implementation Rates
    - Figure: Presence of GRC Management Solutions: Other Software Implementation Rates
    - Figure: Presence of GRC Management Solutions: Other Service Implementation Rates
- Internal Control Trends of China Subsidiaries of Japan Listed Companies (Case Study)
  - Measures for Internal Control System and IT in Japanese Companies in China
    - Trends of IT Application and Internal Controls in Japanese Companies in China
    - Impact on Internal Control Systems due to Differences in Japan-China Corporate Culture
    - Problems of Risk Evaluation/Analysis in Japanese Companies in China
    - Problems of Internal Control Activities and IT Governance in Japanese Companies in China
    - Problems Regarding Internal Controls in Japan Headquarters and Japanese Companies in China
      - Centralized Style
      - Non-Centralized Style
      - Eclectic Style
    - Framework to Construct a Program to Check Fraudulences at Japanese Companies in China
    - Problems Regarding Information System Organization in Japan Headquarters and Japanese Companies in China
    - Benefits and Problems of Implementing GRC Management Solutions from the Viewpoint of Japanese Companies in China
    - Figure: Collaboration Example of GRC Management Organization and Information System Organization in Western Global Companies
    - Figure: GRC Management Organizational Structure in a Japan Global Manufacturing Company
Future Outlook
- Forecast and Assumptions
- Table: Key Forecast Assumptions for the Japan Compliance Market, 2007-2011
  - Japan Compliance Market Forecast
  - Table: Japan Compliance Market Forecast by Product Segment, 2006-2011
  - Financial GRC Management Application Market Forecast
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Investment Value Forecast, 2006-2011
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Year-On-Year Investment Growth Rate Forecast, 2007-2011
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Investment Share Forecast, 2006-2011
  - Figure: Assumed Scenario for Financial GRC Management Applications Market and Compliance Infrastructure Market
  - Figure: Assumed Scenario for Financial GRC Management Applications Market by Product
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Investment Value Forecast by Product, 2006-2011
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Year-On-Year Investment Growth Rate Forecast by Product, 2007-2011
  - Table: Japan Financial GRC Management Applications Market and Compliance Infrastructure Software Market: Investment Share Forecast by Product, 2006-2011
  - Table: Compliance Infrastructure Software Market Classification by Function
Essential Guidance
- Actions to Consider
Learn More
- Related Research
- Synopsis