(Headquarters: Chiyoda-ku, Tokyo; CEO: Osamu Hata; "WAP") held a New Year's party on January 19 to review the results of 2023 and explain to employees its management policy for 2024. Qin said, "We all came together as one. We finally achieved improvement in management quality," summing up the year 2023, and emphasizing that 2024 is "the year to raise our presence in the market at once," as "we have reached a new stage. In the latter half of the New Year's party, a "WAP Fukusho AI Contest" was held as a part of communication. Employees used AI to generate portraits of the management team and competed against each other to deepen their understanding of generative AI.

The single character for 2024 is "Ascend"

1. company-wide management quality evaluation, moving to a new stage without missing business opportunities

　The New Year's party was attended by about 500 domestic employees. At the beginning of the meeting, Mr. Hata reviewed the year 2023 and reported that sales had remained strong and operating income had made a great leap forward. He praised the company's efforts to keep the "light of product development" on, to thoroughly "run with customers," to build "relationships of trust," to win new business, to maintain discipline and control, and to invest in human capital, which had restored corporate vitality and "enabled us to establish management quality as a united body.
　For the year 2024, we see social changes such as the "2027 problem in full swing," "penetration of composable ERP," "development of generative AI," "acceleration of digitization of business-to-business transactions," and "worsening concerns about human resource shortages" as major business opportunities, and by continuing to provide optimal solutions, we will "quickly raise our presence in the market. By continuing to provide optimal solutions, we will "raise our presence in the market at once," he said with enthusiasm. He also announced that a "Generative AI Utilization Contest" would be held to solicit ideas for the use of generative AI from within the company, with a prize of 1 million yen awarded to the best idea that can be put to practical use in business.

2. Fukusho by Generated AI, a step toward utilization

　The second half of the New Year's party featured the "WAP Fukuso AI Contest," in which groups of four used a generative AI application to create portraits of executives using a combination of multiple criteria. The "most similar" portrait and the management team's "favorite" were selected, and the team that created the best portrait was awarded a grand prize.

CEO Qin's portrait created by the generated AI

About Works Applications

Works Applications was founded in 1996 as an ERP package vendor in Japan. With innovative solutions such as no-customization and free version upgrades, we have supported the growth of our customers, mainly major Japanese companies. Believing in the potential of each individual, we aim to be a "growth engine" that maximizes the value of companies and individuals, and we will continue our pursuit of turning "work" into "creation" and making "work" fun.

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