Micware Co., Ltd. reported unaudited financial results for the six months ended August 31, 2026. Revenue increased 3.4% year-over-year to JPY10,612.7 million (US$66.4 million), driven by higher software development services and licensing revenue. Gross profit rose 19.5% to JPY3,847.9 million as gross margin expanded 4.9 percentage points to 36.3%, reflecting a shift toward more profitable Software Defined Vehicle projects. Operating profit increased slightly by 0.5% to JPY788.7 million, while net income declined 13.5% to JPY612.9 million due to one-time IPO-related share-based compensation and the absence of a prior-year gain on bargain purchase. Adjusted operating profit grew 33.4% to JPY1,100.5 million. The company operates as a Japan-based provider of in-vehicle infotainment, navigation, and location-based software for automakers.
