Quarterly ResultJun 30, 2026, 04:37 PM
Micware FY2026 Operating Profit +9.4%, Net Income +20.4%
AI Summary
Micware Co., Ltd. announced strong financial results for fiscal year 2026, with revenue increasing by 3.7% to JPY21.9 billion ($140.3 million). Operating profit rose 9.4% to JPY2.4 billion ($15.1 million), and net income attributable to ordinary shareholders increased 20.4% to JPY1.6 billion ($10.3 million). The company also completed its initial public offering on Nasdaq in May 2026, raising $26.2 million, and outlined strategic plans to evolve into a Software Defined Vehicle (SDV) Tier 1 supplier and commercialize its DynaPlanet project.
Key Highlights
- Net income attributable to ordinary shareholders rose 20.4% to JPY1.6B ($10.3M).
- Operating profit increased 9.4% to JPY2.4B ($15.1M).
- Revenue grew 3.7% to JPY21.9B ($140.3M).
- Gross profit increased 8.9% to JPY8.0B ($51.6M), with margin at 36.8%.
- Basic and diluted EPS were JPY28.58 ($0.18) vs JPY25.49 in FY2025.
- Completed Nasdaq IPO in May 2026, raising $26.2M gross proceeds.
- R&D expenses increased 45.3% to JPY1.5B ($9.8M), driven by DynaPlanet.
- Cash and cash equivalents were JPY8.3B ($52.9M) as of February 28, 2026.
Price Impact
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