Company Profile

Micware Co., Ltd. (Nasdaq: MWC) is a Japan-based provider of software development services, location-based services (LBS), and innovative IT solutions mainly focused on the automotive and mobility sectors. The Company is primarily engaged in the development and sale of in-vehicle infotainment (IVI) systems covering multimedia, navigation, human machine interface, vehicle connectivity, and driver assistance functions, as well as location-based services and smartphone applications for business customers and consumers. These capabilities form the foundation for the Company’s spatial intelligence business.

Since its establishment in 2003 under the leadership of Founder and Chief Executive Officer (CEO) Mr. Kenji Narushima, Micware has accumulated over 20 years of experience in automotive software and established long-term relationships with major original equipment manufacturers (“OEMs”) in Japan, including Honda Motor Co., Ltd. and Toyota Motor Corporation, both of which hold equity interests in the Company. The Company has also developed a portfolio of over 300 patents, reflecting its continuous innovation and technological leadership.

Leveraging its engineering capabilities, proprietary technologies, and established relationships with leading OEMs, Micware has been recognized as the largest Japan-based Tier 1 software supplier in the Japanese automotive ecosystem*. The Company has also maintained profitability every fiscal year since its establishment**.

Today, Micware operates across Japan through six operating entities and 13 branch offices and has established subsidiaries in the United States, Thailand, and Germany for overseas operations.

Building on this foundation, Micware is advancing a platform-based growth strategy centered on "micAuto-PF," which extends its in-vehicle software into autonomous driving, advanced driver assistance systems, and connected services, and "DynaPlanet-PF," a spatial data platform connecting real-world 3D interiors and cities with virtual 3D worlds.

*As of February 28, 2024.
Source: Frost & Sullivan Limited’s industry report commissioned by Micware Co., Ltd. entitled “IVI, Automotive Navigation System and Digital Mapping Market” issued in January 2026
**On a Japanese Generally Accepted Accounting Principles basis