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Micware outlines JPY 19B revenue target by Feb 2027 amid corporate restructuring into Micware Spacia, MAC, MMC

MWCMicware Co., Ltd.

Micware Co., Ltd. filed a Form 6-K to furnish an investor presentation detailing its September 2026 growth strategy and corporate restructuring. Effective September 1, 2026, Micware Navigations Co., Ltd. was renamed Micware Spacia Co., Ltd., while automotive operations were consolidated into Micware Automotive Co., Ltd. (“MAC”) and Micware Mobility Co., Ltd. (“MMC”). The company outlined two growth pillars: micAuto-PF for software-defined vehicle services and DynaPlanet for spatial intelligence. Management disclosed revenue targets of JPY 19.0 billion by February 2027, JPY 31.5 billion by February 2030, and JPY 55.0 billion by February 2033 for the automotive segment. The presentation highlighted a FY2026 gross margin of 36.8% and cash balances of US$52.9 million as of February 2026. Micware Co., Ltd. operates in the automotive software engineering and spatial intelligence industry.

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