StockWatch
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Services-Computer Programming Services
Quarterly ResultMay 19, 2026, 06:07 AM

Micware FY23 Revenue +5% to ¥22.2B; Net Income +31.4%

AI Summary

Micware Co., Ltd. reported its financial results for the 23rd fiscal year (March 1, 2025, to February 28, 2026), with consolidated revenue increasing by 5.0% to ¥22.2 billion and net income attributable to owners of the parent rising by 31.4% to ¥1.53 billion. The company also announced the election of Kazunori Mori as a new director and confirmed its ongoing preparations for a Nasdaq Global Market listing via American Depositary Shares (ADS), with an F-1 filing made on March 6, 2025.

Key Highlights

  • Consolidated revenue for FY23 increased 5.0% year-on-year to ¥22,233,692 thousand.
  • Consolidated operating income rose 14.7% year-on-year to ¥2,231,187 thousand.
  • Net income attributable to owners of the parent grew 31.4% to ¥1,534,354 thousand.
  • Net income per share for FY23 was ¥6,594.19.
  • Acquired NaviCon/NaviBridge businesses from Denso and taxi dispatch system business from Denso Ten.
  • Preparing for a Nasdaq Global Market listing, with Form F-1 filed on March 6, 2025.
  • Approved the election of Kazunori Mori as a new Director.
  • Completed a 241-for-1 stock split on March 31, 2026.