Micware Co (MWC) Investor presentation summary

Investment highlights

• Trusted by major automotive OEMs, with Toyota and Honda as both customers and strategic shareholders.

• Over 20 years of experience in automotive software, specializing in IVI and navigation systems.

• Positioned for growth in Software Defined Vehicles (SDV) and expanding into next-generation vehicle software.

• AI-powered DynaPlanet platform offers scalable, recurring revenue opportunities.

• Strong profitability and cash generation support future growth initiatives.

Company overview and operations

• Founded in 2003, with 600+ employees and 300+ patents as of June 2026.

• Operates 6 entities and 13 branches in Japan, with subsidiaries in the US, Thailand, and Germany.

• Key customers include Toyota, Honda, Daihatsu, and Denso.

• Offers in-vehicle platform software, navigation, mobility software, and B2C services.

Business segments and revenue model

• Segments: Driving (navigation and geographic data), Location-Based Services (SDV and mobility software), and Other (B2C apps and SDV services).

• Revenue streams: custom software development, licensing to Tier 1 suppliers, and after-sales/B2C services.