Micware Co., Ltd. American Depositary Shares

Micware Co., Ltd. American Depositary Shares

MWC · NASDAQ · Consumer Cyclical / Auto Parts

1.30USD+0.01 (+0.78%)

Price History

Full chart

Market Stats

Previous Close1.29
Open1.29
Day Range1.20 – 1.32
52-Week Range0.78 – 13.95
Volume30.75K
Market Cap99.82M
P/E (TTM)9.88
Forward P/E0.00
EPS0.17
Dividend Yield0.00%
50-Day Avg1.56
200-Day Avg3.05

About

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 in-vehicle infotainment (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.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Kenji Narushima
  • Employees483
  • HeadquartersKobe Asahi Building, Kobe, Japan, 650-0035, USA
  • Websitehttps://www.micware.co.jp

Leadership

  • Mr. Kenji NarushimaFounder, President, CEO, & Representative Chairman · b. 1965
  • Mr. Takuma SegawaChief Financial Officer · b. 1973
  • Mr. Masahide ShigenoCTO, Deputy President & Representative Director · b. 1973
  • Ms. Maiko KawashimaHead of Investor Relations
  • Mr. Kazunori MoriChief Marketing Officer & Director · b. 1978
  • Shigetoshi AzumaSenior Advisor
  • Kazutoshi KakutaniTechnical Advisor
  • Hidekazu TanigawaLegal & IP Ownership Advisor
  • Kenichi HoshiSenior Advisor

Financials

Income Statement

Currency: JPY2024-02-292025-02-282026-02-28
Total Revenue17.52B21.12B21.90B
Growth (%)-+20.57%+3.68%
Cost of Revenue12.19B13.73B13.85B
Gross Profit5.32B7.39B8.05B
Gross Margin30.39%34.99%36.77%
Operating Expense3.43B5.23B5.69B
Operating Income1.89B2.16B2.36B
Operating Margin10.80%10.23%10.80%
EBITDA3.05B3.46B3.95B
EBITDA Margin17.42%16.37%18.04%
Net Income1.37B1.33B1.60B
Net Income Margin7.82%6.30%7.32%
R&D960.94M1.06B1.54B
R&D as % of Total Revenue5.49%5.01%7.02%
Interest Expense36.98M49.50M42.78M
Interest Expense % of Total Revenue0.21%0.23%0.20%

Balance Sheet

Currency: JPY2024-02-292025-02-282026-02-28
Total Assets15.71B22.97B24.44B
Total Liabilities11.06B16.19B15.83B
Total Equity4.49B6.60B8.40B
Cash4.19B7.67B8.26B
Net Debt637.02M--

Cash Flow

Currency: JPY2024-02-292025-02-282026-02-28
Operating Cash Flow403.05M2.23B2.07B
Financing Cash Flow38.96M1.89B-746.46M
Capital Expenditure195.45M633.70M291.44M
Free Cash Flow207.61M1.60B1.78B
FCF to OCF51.51%71.57%85.95%

Earnings

Report DateSep 14, 2026
EPS Estimate-
EPS Actual-
Surprise-
TimingPre-market

Key Statistics & Ratios

Market Cap99.82M
Enterprise Value117.04M
Trailing P/E9.88
Forward P/E0.00
Price / Sales0.00
Price / Book2.05
EPS0.17
Book Value0.9093
Revenue (TTM)21.90B
Gross Profit (TTM)8.05B
EBITDA2.79B
Profit Margin7.32%
Operating Margin13.57%
Return on Equity21.69%
Return on Assets6.23%
Shares Outstanding59.42M
Shares Float21.57M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
12.19%
Insiders
59.74%
Retail / Other
28.07%

Top Institutional Holders

  • Citadel Advisors Llc
    167.31K0.28%
  • Millennium Management LLC
    26.86K0.05%