Micware

Micware Co., Ltd. is a Japan-based automotive software company specializing in SDV platform co-development, navigation and location intelligence, and mobility software solutions. The company has three segments — SDV (70% of FY2/26 revenue), LBS (29%), and Other (approximately 1%) of which SDV and LBS are material — with SDV engineering services delivered primarily to Honda, Toyota, and Denso. Within these segments, Micware is pursuing a platform strategy centered on two initiatives — micAuto PF (SDV) and DynaPlanet (LBS) — formalized through a September 2026 corporate reorganization. Honda and Toyota each hold approximately 12% of post-IPO equity; the underlying engineering relationships with both OEMs span more than two decades and multiple vehicle generations. Micware listed on Nasdaq in May 2026 and has approximately 600 employees worldwide (Japan, United States, Thailand and Germany), including 483 full-time employees (as of February 28, 2025) across 13 branch offices in Japan.