Oracle Corp Japan

#1606

Rank

$9.43B

MarketCap JP

JP Japan

Country

Summary
Oracle Corporation Japan engages in the development and sale of software and hardware products and solutions in Japan. The company operates through three segments: Cloud and License, Hardware Systems, and Services. It sells software solutions, such as relational database management software, middleware, and applications; hardware, including servers, storage devices, and network devices for use in building and operating IT environments, such as cloud computing environments; and cloud services through Internet and other networks, as well as provides software license update rights and technical support. The company also offers technical support, maintenance, and repair of hardware products; and consulting, customer support, and education services. In addition, it provides Oracle database, Java, Linux, and MySQL software solutions; and Oracle cloud infrastructure, which include compute, storage, networking, analysis, application development, cloud database, content management, integration, cloud marketplace and management, and governance services, as well as security, identity, and compliance solutions. Further, the company offers cloud applications, such as enterprise resource planning, enterprise performance management, supply chain and manufacturing, human capital management, and advertising and customer experience cloud application solutions, as well as NetSuite and on-premise application products and solutions; and marketing, sales, and services. It serves automotive, communications, construction and engineering, consumer goods, education and research, financial services, food and beverage, healthcare, technology, hospitality, industrial manufacturing, life sciences, media and entertainment, public sector, retail, and utilities sectors. The company was founded in 1985 and is headquartered in Tokyo, Japan. Oracle Corporation Japan is a subsidiary of Oracle Japan Holding Inc.

History

Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories . Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems named "A Relational Model of Data for Large Shared Data Banks." He heard about the IBM System R database from an article in the IBM Research Journal provided by Oates. Ellison wanted to make Oracle's product compatible with System R, but failed to do so as IBM kept the error codes for their DBMS a secret. SDL changed its name to Relational Software, Inc in 1979, then again to Oracle Systems Corporation in 1983, to align itself more closely with its flagship product Oracle Database. The name also drew from the 1977 CIA project codename, which was also Oracle's first customer. At this stage Bob Miner served as the company's senior programmer. On March 12, 1986, the company had its initial public offering.In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but is sometimes referred to as Oracle Corporation, the name of the holding company. Part of Oracle Corporation's early success arose from using the C programming language to implement its products. This eased porting to different operating systems most of which support C.In 2005, Oracle acquired PeopleSoft, an ERP company, and in 2006 Siebel, a CRM company. In 2008 Oracle acquired BEA Systems, an enterprise infrastructure software company and in 2010 it acquired Sun Microsystems, a computer hardware and software company .

In an effort to compete with Amazon Web Services and its products, Oracle announced in 2019 it was partnering with former rival Microsoft. The alliance called that Oracle Cloud and Microsoft Azure would be directly connected, allowing customers of each to store data on both cloud computing platforms and run software on either Oracle or Azure. Some saw this not only as an attempt to compete with Amazon but also Google and Salesforce, which acquired Looker and Tableau Software, respectively.On December 20, 2021, Oracle announced the acquisition of Cerner, a health information technology company. The next day, on December 21, Oracle made public the acquisition of Federos, an AI and automation tools company for network performance. The acquisition of Cerner was completed in June 2022 for $28.3 billion in cash.On August 23, 2022, Oracle was hit with a class action lawsuit, which alleges that Oracle has been operating a "surveillance machine" which tracks in real-time and records indefinitely the personal information of hundreds of millions of people.


Mission
"At Oracle, we foster an inclusive environment that leverages the diverse backgrounds and perspectives of all our employees, suppliers, customers, and partners to drive a sustainable global competitive advantage."

Vision
Oracle’s vision is to provide customers with a way to gain competitive advantage in their respective fields.

Key Team

Rika Nakajima (Representative Corp. Exec. Officer & Head of Legal Office)

Kenji Ito (Exec. Officer and Sales VP)

Mr. Donald G. McCauley (Corp. Exec. Officer & Exec. Deputy Pres)

Yukiko Endo (Exec. Officer of Personnel Division)

Shigeru Shiinoki (Exec. VP)

Mr. Hisayuki Ishizumi (Exec. VP)

Masaki Shiraishi (Sr. Managing Operating Officer)


Recognition and Awards
Oracle won 1 award in 2020 and 1 award in 2019. In 2020, Oracle won for Best Company Perks & Benefits. In 2019, Oracle won for Best Company Perks & Benefits. Based on 16,806 ratings and 1,381 participants, employees at Oracle are less satisfied with their work experience. The overall culture score, 62/100 or D+, incorporates employee ratings based on their feedback on the Overall Culture, Gender, Diversity and more.

References
Oracle Corp Japan
Leadership team

Mr. Tomomitsu Misawa (Pres, Corp. Exec. Officer & Director)

Mr. Krishna Sivaraman (CFO, Corp. Exec. Officer & Director)

Gohito Itabashi (Director of IR Department)

Products/ Services
Cloud Data Services, Information Technology, Internet, Software
Number of Employees
1,000 - 20,000
Headquarters
Tokyo, Tokyo, Japan
Established
1985
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
4716.T
Social Media
Wed Feb 28 2024
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