Singapore — SAP Asia Pacific Japan (“APJ”) reported solid growth in most markets across the region as a result of a stabilising global economy and continued strong customer support. New customer acquisition continues to drive SAP’s leadership position in the APJ region, widely regarded as SAP’s global growth engine.
SAP APJ Software and Software-related Service revenues for Q4 ’09 increased by a significant 19 percent (six percent including Japan), contributing strongly to APJ’s full-year Software and Software-Related Services revenue total of €1.098 billion. All growth figures in this release are expressed in non-GAAP constant currency terms and are measured against the previous comparable period.
“In spite of the challenging environment in the second half of 2009, SAP APJ successfully concluded a large number of transactions, further reinforcing our leadership position in the region,” said Steve Watts, President, SAP Asia Pacific Japan.
Watts was appointed President, SAP Asia Pacific Japan in January 2010 and has a 20-year track record of successfully leading global software business operations. He has been with SAP for more than eight years, having most recently held the position of Chief Operating Officer, SAP APJ.
SAP benefited from increasing customer confidence, gaining 13,000 new customers globally in 2009. In Q4 ’09 key APJ customer wins came from Defence, Banking, Industrial Machinery and Utilities sectors, with SAP managing to win almost 90 percent of all contested deals.
Watts added, “Our priority remains Value Delivery for our customers. We deeply understand customer needs and they value our long-term relationship with them. We are committed to helping them to see, think and act clearly and become Best-Run businesses.”
“Globally, our new Industry and Solutions Management and Product Design and Development teams will help us bring innovation and the right solutions more rapidly to the APJ market. At the same time, the Company’s significantly expanded support portfolio ensures that individual customer needs are addressed more effectively.”
IFRS Financial Data
SAP will discontinue its U.S. GAAP reporting and will only report financial data under IFRS from fiscal 2010 onwards. The guidance provided by SAP for 2010 is based on Non-IFRS numbers that are derived from SAP’s IFRS figures by excluding acquisition-related charges and discontinued activities.
Use of Non-GAAP and Non-IFRS Financial Measures
This press release contains certain financial measures such as Non-GAAP and Non-IFRS revenues, Non-GAAP and Non-IFRS operating income, Non-GAAP and Non-IFRS operating margin, free cash flow, constant currency revenue and operating income measures, as well as U.S. Dollar based Non-GAAP revenue numbers. These measures are not prepared in accordance with U.S. GAAP or IFRS and therefore are considered Non-GAAP or Non-IFRS financial measures. SAP’s Non-GAAP and Non-IFRS financial measures may not correspond to Non-GAAP and Non-IFRS financial measures that other companies report. The Non-GAAP and Non-IFRS financial measures that SAP reports should be considered in addition to, and not as a substitute for or superior to, revenue, operating margin or SAP’s other measures of financial performance prepared in accordance with U.S. GAAP and IFRS.
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Selection of Key Customer Wins for SAP Asia Pacific Japan in Q4 2009
Department of Defence (Defence)
National Australia Bank Limited (Banking)
QR Limited (Passenger & Cargo)
Transfield Services Limited (Engineering, Construction & Operations)
Foodstuffs (South Island) Limited (Retail)
Alok Industries Ltd (Forest Products, Fur)
Essar Steel Limited (Primary Metal & Mining)
Eureka Forbes Limited (Consumer Products)
iGATE Global Solutions Limited (Professional Services)
Jaiprakash Associates Limited (Building Materials)
TATA Motors Limited (Automotive)
West Bengal State Electricity (Utilities & Waste)
Bhutan: Druk Holdings & Investments (Utilities & Waste)
Daiwa House Industry Co., Ltd. (Engineering, Construction & Operations)
Golf Digest Online Inc. (Retail)
Japan Third Party Co., Ltd (Professional Services)
Kawasaki Heavy Industries, Ltd. (Industrial Machinery)
Nissei ASB Machine Co., Ltd. (Industrial Machinery)
Takashimaya Company Limited (Retail)
Anta (China) Co. Ltd (Consumer Products)
China HuaNeng Group (Utilities & Waste)
China National Bluestar (Group) Corporation (Chemicals)
CSR Qingdao Sifang Locomotive & Roll (Industrial Machinery)
Electric Power of Henan (Utilities & Waste)
Gansu Electric Power Company (Utilities & Waste)
Huaneng Jilin Power Co., Ltd. (Utilities & Waste)
Huaneng Shandong Power Co., Ltd (Utilities & Waste)
Hubei Electric Power Corporation (Utilities & Waste)
Hunan Electric Power Corporation (Utilities & Waste)
Jiangsu Changfa Industrial Co., Ltd (High-tech & Electronics)
Jiangxi Electric Power Company (Utilities & Waste)
PetroChina Exploration & Development (Oil & Gas)
Yankuang Group Company Limited (Primary Metal & Mining)
Yantai Wanhua Polyurethane Co., Ltd (Chemicals)
Zhejiang Materials Industry Group (Wholesale)
CJ CGV Corporation (Passenger & Cargo)
Korea Southern Power Co., Ltd (Utilities & Waste)
Korea Western Power Co., Ltd. (Utilities & Waste)
South East Asia
IOI Corporation Berhad (Oil & Gas)
Malaysian Airline System Berhad (Passenger & Cargo)
Singapore Power Ltd (Utilities & Waste)
Vietnam National Petroleum Corporation (Oil & Gas)