Valuation Update With 7 Day Price Move • 11h
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to US$1.63, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 32x in the Software industry in the US. お知らせ • Aug 07
Micware Navigations Launches Security Solutions Powered By The Wiz Cloud And AI Security Platform Micware Navigations, in collaboration with Wiz, has begun offering cloud and AI security solutions that utilize Wiz. Leveraging Wiz’s cloud and AI security platform, Micware Navigations offers solutions that comprehensively support visibility, risk assessment, and response across customers’ cloud infrastructure, AI applications, and development lifecycles. The solution enables rapid agentless deployment without affecting systems, and through Wiz’s proprietary security graph, strongly supports contextual risk prioritization and the identification of critical risks that customers should address from among large volumes of data. The solution covers secure development (Wiz Code), cloud posture management (Wiz Cloud), and runtime threat detection and response (Wiz Defend) and is intended to enable proactive responses to emerging security risks associated with the expanding use of AI technologies by enterprises and cyberattacks that use AI. The Wiz AI application protection capabilities, Wiz AI Application Protection Platform, leveraged by Micware Navigations, support comprehensive protection across the full lifecycle of AI applications, from code development to cloud infrastructure and runtime. Comprehensive visibility across the environment (eliminating shadow AI): automatically inventorying and visualizing all AI assets in complex cloud environments, including AI agents, AI models, MCP, and identity management. Risk reduction across cloud and AI: spanning the full stack from source code and cloud configuration to runtime, and comprehensively identifying AI-related vulnerabilities, misconfigurations, findings, and issues. Real-time protection for AI runtime: providing runtime monitoring and immediate protection against unauthorized inputs to AI models, such as prompt injection, as well as cyber threats to runtime and the cloud environments in which they operate. The Wiz platform also supports agentless connection without imposing load on systems, enabling rapid deployment even in large-scale cloud environments. Collected data is analyzed through Wiz’s proprietary security graph, enabling unified understanding across the cloud of the context in which AI risks are connected to cloud assets, identity permissions, and network vulnerabilities. This approach is employed to clarify the highest-priority items that truly require action from among large volumes of alerts and significantly improves the efficiency of security operations. New Risk • Jul 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$66.0m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (36% average weekly change). Minor Risk Market cap is less than US$100m (US$66.0m market cap). Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to US$2.46, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 29x in the Software industry in the US. Buy Or Sell Opportunity • Jul 10
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at US$3.36. The fair value is estimated to be US$2.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last year. Earnings per share has grown by 12%. Reported Earnings • Jul 06
Full year 2026 earnings released: EPS: JP¥28.58 (vs JP¥25.49 in FY 2025) Full year 2026 results: EPS: JP¥28.58 (up from JP¥25.49 in FY 2025). Revenue: JP¥21.9b (up 3.7% from FY 2025). Net income: JP¥1.60b (up 20% from FY 2025). Profit margin: 7.3% (up from 6.3% in FY 2025). The increase in margin was driven by higher revenue. お知らせ • Jun 25
Micware Co., Ltd. to Report Fiscal Year 2026 Results on Jul 01, 2026 Micware Co., Ltd. announced that they will report fiscal year 2026 results at 12:30 PM, US Eastern Standard Time on Jul 01, 2026 Buy Or Sell Opportunity • Jun 15
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at US$4.23. The fair value is estimated to be US$5.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.3% over the last year. Earnings per share has grown by 7.2%. Buy Or Sell Opportunity • May 27
Now 37% undervalued The stock has been flat over the last 90 days, currently trading at US$6.02. The fair value is estimated to be US$9.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last year. Earnings per share has declined by 6.8%. ライブニュース • May 23
Micware Receives Global Recognition from Honda for Infotainment Software Excellence Micware received Honda Motor’s “Excellent Appreciation Award (Development Division)” for its work on in-vehicle infotainment software.
The award recognizes Micware’s involvement from early development through mass production across multiple Honda vehicle models worldwide.
Honda cited Micware’s focus on software quality, cost efficiency and asset reusability as key factors supporting competitiveness in software-defined vehicles.
This kind of recognition from a global automaker highlights Micware’s position as a trusted technology partner in the infotainment segment.
For investors, the depth of collaboration described in Honda’s award points to an embedded role in current vehicle programs, while also underlining dependency risk on major customers and on ongoing spending for software-defined vehicle platforms. Board Change • May 21
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Nmn Osumi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.