Quarterly ResultJun 30, 2026, 04:16 PM
Micware FY26 Revenue JPY21.9B, Net Income +19.6%; Completed IPO
AI Summary
Micware Co., Ltd. announced strong financial results for fiscal year 2026, with revenue increasing 3.7% to JPY21.9 billion and net income rising 19.6% to JPY1.6 billion. The company also highlighted the successful completion of its Initial Public Offering on the Nasdaq Global Market in May 2026. Micware plans to strategically shift from an in-vehicle infotainment (IVI) Tier 1 supplier to a Software Defined Vehicle (SDV) Tier 1 supplier, supported by investments in its micAuto-PF platform and the DynaPlanet project.
Key Highlights
- Revenue was JPY21.9 billion (US$140.3 million) in FY2026, up 3.7% from FY2025.
- Net income increased by 19.6% to JPY1.6 billion (US$10.4 million) in FY2026.
- Basic and diluted EPS were JPY28.58 (US$0.18) in FY2026, up from JPY25.49 in FY2025.
- Gross profit rose 8.9% to JPY8.0 billion (US$51.6 million), with margin at 36.8%.
- Operating profit increased 9.4% to JPY2.4 billion (US$15.1 million) in FY2026.
- Completed Initial Public Offering (IPO) on Nasdaq Global Market on May 15, 2026.
- Plans to evolve from IVI Tier 1 to Software Defined Vehicle (SDV) Tier 1 software supplier.
- Investing in DynaPlanet project, anticipated for commercialization in FY2027.
Price Impact
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