Micware Co., Ltd. issued a press release announcing a new equity research report from Alphaterra Advisory Inc. prepared on a company-sponsored basis. Micware paid $50,000 for the preparation and publication of this initiation coverage. The filing discloses that Honda Motor Co., Ltd. and Toyota Motor Corporation each hold approximately 12% of Micware's post-IPO equity. Micware operates in the automotive software industry, providing software development services and innovative IT solutions focused on the automotive and mobility sectors.

Micware Co., Ltd. acquired the remaining 30% stakes in its Thai and US subsidiaries, Micware Asia Pacific Co., Ltd. and Micware North America, Inc., from principal shareholders O-Well Corporation and Uni Electronics. The transactions, effective July 31, 2026, involved transferring shares for aggregate consideration of THB12,900,000 and US$1,800,000, rendering both entities wholly owned subsidiaries. Concurrently, the company executed an internal reorganization involving absorption-type splits effective September 1, 2026. Under these arrangements, Micware Navigations Co., Ltd. succeeded to location-based services from Micware Automotive Co., Ltd. and in-vehicle business from Micware Mobility Co., Ltd. These actions consolidate international operations and streamline corporate structure within the automotive technology sector.

Micware Co., Ltd. announced the commencement of its full-scale spatial intelligence business for the Web4 era through the following launch of its new subsidiary, Spacia Co., Ltd. The company operates in the technology sector and provides spatial intelligence solutions for the web.