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Micware Co., Ltd. American Depositary Shares MWC · USD

US listing · 🇺🇸 United States

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1.17

+4.46%

Close of 9 Nov 2026, in USD

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About Micware Co., Ltd. American Depositary Shares

Its shares trade under the ticker MWC. It has been listed since 14 May 2026. In the fiscal year to 28 February 2026, it reported revenue of $133.8m and net income of $9.8m. At that date it held total assets of $149.3m and shareholders' equity of $51.3m.

Micware Co., Ltd. provides software development services and information technology solutions focusing on the automotive and mobility sectors in Japan and internationally. The company operates three segments: Software Defined Vehicles, Location-Based Services, and Others. Its Software Defined Vehicles segment develops and sells software systems designed for SDV, including IVI system software and other mobility-enhancing software products. The Location-Based Services segment engages in the development and licensing of in-vehicle navigation software systems, and other geographic data-based services for business-to-business customers. Its Other segment comprises software development services for SDV, and business-to-consumer mobile app services unrelated to in-vehicle navigation. It engages in the development and sale of IVI systems that for automotive multimedia, navigation, human machine interface, telematics, and driver assistance. The company also specializes in the development of navigation software and location information-based smartphone applications. Micware Co., Ltd. was incorporated in 2003 and is headquartered in Kobe, Japan.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Listed since
14 May 2026
Employees
50
Head office
KOBE ASAHI BUILDING 25TH FLOOR, KOBE, 650-0035
Incorporated in
M0
Classification
Services-Computer Programming Services
Filer status
Non-accelerated filer<br>Emerging growth company

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Micware's Software Defined Vehicles segment offers IVI system software for automotive multimedia and navigation.
  • Location-Based Services segment provides in-vehicle navigation software for B2B customers in Japan.
  • Micware's Other segment delivers SDV software development and B2C mobile app services globally.

Weaknesses

  • Micware has only 50 employees, limiting scalability in the competitive IT sector.
  • The company's operations are primarily focused on Japan, restricting international market reach.
  • Micware's 2026 listing date indicates a recent market entry with limited historical data.

Opportunities

  • Growth in the automotive software market, especially for SDV systems in Japan.
  • Expansion of Location-Based Services into global B2B navigation solutions.
  • Increasing demand for mobile apps in the Japanese consumer market.

Threats

  • Competition from established IT firms in the Japanese automotive sector.
  • Economic downturns affecting automotive industry investments in software.
  • Regulatory changes in Japan's mobility sector impacting navigation software.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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