Micware Co (MWC) 96th Emerging Growth Conference summary

Strategic overview

• Focus is on expanding from a profitable core business into two growth platforms: micAuto/micAuto-PF for automotive software and DynaPlanet/DynaPlanet-PF for spatial intelligence.

• Acts as a strategic engineering partner to major Japanese OEMs, with Toyota and Honda as both customers and shareholders.

• Business was reorganized in September to give each platform clearer focus, including renaming a subsidiary to lead spatial information.

• Both platforms are positioned for long-term value creation through reusable technology, ongoing service/licensing revenue, and leveraging AI for expanded market reach.

• Maintains a strong core business with record-high gross margins and increased R&D investment.

Growth targets and milestones

• micAuto/micAuto-PF aims for JPY 19 billion revenue this fiscal year, JPY 31.5 billion by February 2030, and JPY 55 billion by February 2033.

• DynaPlanet/DynaPlanet-PF targets JPY 3.5 billion revenue and 1 million users by February 2027, scaling to JPY 33 billion and 10 million users by February 2033.

• micAuto plans to target 7 OEMs this year, 15 by 2030, and 30 by 2033.

• Studio for virtual 3D worlds is planned to launch in January 2027, expanding DynaPlanet's ecosystem.

• Large B2B, B2G, and OEM projects are anticipated as the next phase of scaling.

Business model evolution

• Transitioning from project-based development to a platform-based model using reusable technology assets.

• Monetization will increasingly come from services, licensing, and data provision rather than one-off projects.

• Strategy is designed to create continuous value from existing expertise and technology.

• Commercialization of new platforms is underway, with micAuto-PF generating revenue through OEM consulting contracts and DynaPlanet beginning initial commercial revenue.

• Investment plans include JPY 0.5bn for micAuto-PF and JPY 1.0bn for DynaPlanet-PF.