$MWC

Micware reported nearly doubled cash reserves and reduced debt to JPY 34.5M as of February 2026. Operating profit grew despite a 40% rise in R&D spending. The company plans to allocate 30% of capital to software-defined vehicles and 70% to location-based services. Micware aims to expand globally, with 98.5% of revenue currently from Japan. Key customers include Honda, Toyota, and Uni Electronics. The company competes with Panasonic, HERE, and others in its sectors.

Micware Co. (Nasdaq: MWC) said its subsidiary Micware Navigations, with Wiz Ltd., has started offering cloud and AI security solutions using Wiz’s platform. The offering covers visibility, risk assessment and response across cloud infrastructure and AI development and runtime, including Wiz Code, Wiz Cloud and Wiz Defend. Micware aims to expand related services.

Micware Co., Ltd. (NASDAQ: MWC) said it will launch Micware Spacia Co., Ltd. to develop its spatial intelligence business for the Web4 era. The plan includes renaming Micware Navigations, moving the DynaPlanet platform to Spacia, and transferring part of Navigations to Micware Automotive. Effective date is Sept. 1, 2026.

Micware Co., Ltd. (Nasdaq: MWC) said the underwriter exercised its over-allotment option in full, buying an additional 427,500 ADS at $8.00 each, raising gross proceeds by $3.42 million. Total ADS sold increased to 3,277,500 and gross proceeds to about $26.2 million. Closing occurred May 27, 2026; A.G.P. was sole book-running manager.