Micware Reports 3.7% Revenue Growth to JPY21.9B, Net Income Up 19.6%
MWC•Micware’s FY2026 revenue rose 3.7% to JPY21.9 billion (US$140.3 million) and gross profit grew 8.9% to JPY8.0 billion, boosting gross margin to 36.8%. Operating profit climbed 9.4% to JPY2.4 billion while net income jumped 19.6% to JPY1.6 billion and EPS reached JPY28.58.
1. Fiscal Year 2026 Financial Highlights
Micware achieved JPY21.9 billion in revenue for FY2026, a 3.7% increase from the prior year, with gross profit rising 8.9% to JPY8.0 billion and gross margin expanding to 36.8%. Operating profit reached JPY2.4 billion, up 9.4%, while net income attributable to ordinary shareholders climbed 20.4% to JPY1.6 billion, delivering EPS of JPY28.58.
2. Nasdaq Global Market Listing
On May 14, 2026, Micware commenced trading on the Nasdaq Global Market under its current listing, marking its initial public offering. The listing enhances the company’s visibility and access to capital markets to support ongoing investments in automotive software and mobility solutions.
3. Strategic Growth Initiatives
Looking ahead, Micware plans to evolve from an in-vehicle infotainment Tier 1 supplier to a Software Defined Vehicle Tier 1 provider by investing in its micAuto-PF platform. The company is also advancing its Dynamic Street Map & Market Place project, renamed DynaPlanet as of July 1, 2026, with commercialization targeted for FY2027 to diversify revenue and address broader market opportunities.
