 KOBE, Japan, July  10, 2026  (GLOBE NEWSWIRE) -- Micware Co., Ltd. (NASDAQ:MWC) (the &#34;Company&#34; or &#34;Micware&#34;), a Japan-based provider of software development services and innovative IT solutions mainly

Micware Commences Full-Scale Spatial Intelligence Business for the Web4 Era

Micware Launches Spacia to Accelerate Spatial Intelligence Platform Growth

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 <section data-block="information">
 <h3>Information</h3>
 KOBE, Japan, July 10, 2026 (GLOBE NEWSWIRE) -- Micware Co., Ltd. (NASDAQ:MWC) (the &amp;#34;Company&amp;#34; or &amp;#34;Micware&amp;#34;), a Japan-based provider of software development services and innovative IT solutions mainly
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 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 Micware announces the launch of Micware Spacia to fully develop its spatial intelligence business, effective Sept 1, 2026. The move includes reorganization of DynaPlanet under Spacia and transferring Navigations work to Micware Automotive, signaling a platform-centric growth strategy validated by OEM relationships. The restructurings set up near-term catalysts while the company outlines staged measures for Web4-era expansion.
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 <section data-block="ai-summary-bullets">
 <h3>Key Points</h3>
 <ul><li>Micware launches Micware Spacia to develop spatial intelligence. Effective Sept 1, 2026.</li><li>DynaPlanet moves to Micware Spacia; Masahide Shigeno becomes Spacia CEO. He will remain at Micware.</li><li>Partial Navigations transfers to Micware Automotive; Kenta Imaida moves to Automotive.</li><li>Growth strategy aims to make Micware a platform operator; staged measures to follow. Starting now.</li></ul>
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 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>Micware Co., Ltd. (MWC): Nasdaq-listed Japan-based software provider; launches Spacia to drive platform growth.</li><li>Micware Navigations Co., Ltd. (N/A): Current subsidiary renamed to Micware Spacia; part transferred to Micware Automotive.</li><li>Micware Spacia Co., Ltd. (N/A): New entity to develop spatial intelligence; leadership under Masahide Shigeno.</li><li>Micware Automotive Co., Ltd. (N/A): Receives portion of Navigations; strengthens micAuto platform.</li><li>Honda Motor Co., Ltd. (HMC): Longstanding OEM relationship; potential upside from expanded IVI/space initiatives.</li><li>Toyota Motor Corporation (TM): OEM link; could benefit from Micware&#039;s platform expansion in automotive software.</li></ul>
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 <h3>Corporate Developments</h3>
 Category: Corporate Developments. The article documents internal corporate restructuring and a new subsidiary launch aimed at a platform-driven growth strategy, which could influence Micware&#039;s long-term value and operating footprint without immediate earnings impact.
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 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>Formal platform-pivot signals potential long-term revenue shift for Micware.</li><li>Sept 1, 2026 effective date provides near-term catalysts.</li><li>Micware Automotive linkage may boost vehicle-software exposure.</li><li>OEM relationships with Honda and Toyota could amplify platform rollout.</li></ul>
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 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>MWC ticker: NASDAQ: MWC.</li><li>Effective date: September 1, 2026.</li><li>New entity: Micware Spacia Co., Ltd.</li><li>DynaPlanet to become part of Micware Spacia.</li><li>Part of Navigations transferred to Micware Automotive.</li><li>Masahide Shigeno appointed Spacia CEO; remains Micware executive.</li><li>Micware ranked 9th in Japan IVI market as of Feb 28, 2024 (Frost &amp; Sullivan).</li><li>OEM relationships with Honda and Toyota cited.</li></ul>
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 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 MWC could re-rate on execution of Spacia; milestones over 6–12 months are key.
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link> KOBE, Japan, July 10, 2026 (GLOBE NEWSWIRE) -- Micware Co., Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MWC">MWC</a>) (the "Company" or &#34;Micware&#34;), a Japan-based provider of software development services and innovative IT solutions mainly focused on the automotive and mobility sectors, today announced the launch of &#34;Micware Spacia Co., Ltd.,&#34; the entity that will fully develop the Company’s spatial intelligence business, with the aim of creating new value in the Web4 era. Method and Timing of Launch 1. The launch will be carried out as follows. (1) Change of Trade Name of Consolidated Subsidiary Current: Micware Navigations Co., Ltd. (&#34;Micware Navigations&#34;) New: Micware Spacia Co., Ltd. (&#34;Micware Spacia&#34;) (2) Reorganization of Management Structure and Business The DynaPlanet platform, which currently belongs to Micware, will become a business of Micware Spacia, and Masahide Shigeno, who currently oversees it as Representative Director, Deputy President and Chief Technology Officer (CTO) of Micware, will assume the position of Representative Director, President and Chief Executive Officer (CEO) of Micware Spacia. He will continue to concurrently serve his positions at Micware. In addition, part of the current Micware Navigations business will be transferred to Micware Automotive Co., Ltd. (&#34;Micware Automotive&#34;) to strengthen the micAuto platform business promoted by Micware Automotive. In connection with this transfer, Kenta Imaida, the current Representative Director, President and CEO of Micware Navigations, will be transferred to Micware Automotive. 2. The effective date of the launch is September 1, 2026. Micware&#39;s Growth Strategy Mission Micware&#39;s growth strategy is to establish itself as a platform business operator by developing and expanding its platform businesses. To achieve this, Micware has set forth the following missions for the two platforms it operates, together with a newly established project designed to accelerate them. <img alt="MWN-EN" data-mce-style="display: block; margin-left: auto; margin-right: auto;" height="310" src="https://ml.globenewswire.com/Resource/Download/8ef5998f-5c72-45df-afaa-a461632290cf/mwn-en.png" style="display:block; margin-left:auto; margin-right:auto;" width="600" data-dpi="96" data-caption="Mission for Growth Strategy" data-filename="MWN-EN.png"></img>The Company believes that the launch of Micware Spacia symbolizes the opening of a growth strategy that will pave the way for the future of Micware. Starting with this launch, Micware will begin full-scale implementation of its growth strategy and will announce related measures in stages going forward. About Micware Micware Co., Ltd. is a Japan-based provider of software development services and innovative IT solutions mainly focused on the automotive and mobility sectors. The Company is primarily engaged in the development and sale of in-vehicle infotainment ("IVI") systems covering multimedia, navigation, human machine interface, telematics, and driver assistance, as well as navigation software and location information-based smartphone applications. Since its founding in 2003, Micware has built over 20 years of experience in automotive software and has established long-term relationships with major original equipment manufacturers ("OEM") in Japan, including Honda Motor Co., Ltd. and Toyota Motor Corporation. Leveraging its engineering capabilities, proprietary technologies, and long-standing OEM relationships, the Company was ranked 9th among Japan-based Tier 1 suppliers in the IVI market in terms of revenue as of February 28, 2024, according to an industry report titled "IVI, Automotive Navigation System and Digital Mapping Market" commissioned by the Company and prepared by Frost &amp; Sullivan. Micware operates across Japan through six operating entities and 12 branch offices and has established subsidiaries in the United States, Thailand, and Germany for overseas operations. For more information, please visit the Company’s IR website: <a href="https://www.globenewswire.com/Tracker?data=zrZ3hCKoiMrPz33EwlD37NtFTzhc7sR_Wq8TY4xE9cFrereT0d_0_ltjBqPVm02fNdjwgRgg-SmUu8cV3L1SnR3gI_Ht-jJGYDG89fhzMnw=" rel="nofollow" target="_blank">www.ir-micware.com</a>. Forward-Looking Statements This press release contains statements that may constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "may," "could," "likely to," and similar expressions. These forward-looking statements are based on Micware’s current views and assumptions as of the date of this press release and involve known and unknown risks, uncertainties, and other factors. Accordingly, actual results, outcomes, or events may differ materially from those expressed or implied by such forward-looking statements. Although Micware believes that the expectations reflected in these forward-looking statements are reasonable, Micware does not guarantee that such expectations will be realized. Investors are cautioned not to place undue reliance on these forward-looking statements. The information contained in this press release is current as of the date of this press release, and Micware undertakes no obligation to update, revise, or supplement any forward-looking statement, except as required by applicable law. For more information, please contact: Micware Co., Ltd. Investor Relations Department Phone: +81-3-6699-9899 Email: <a href="https://www.globenewswire.com/Tracker?data=ri5wKNlNxLoHzYHZKm6A_WWRiZohi_9Hx8-ojvedaqmm5EcOdgj77ViEgpysnmgDSy_8XGvDxERkYAPLvmCy27GaESFKItofHpcT8ugNwVc=" rel="nofollow" target="_blank">mic_ir@micware.co.jp</a> Public Relations Email: <a href="https://www.globenewswire.com/Tracker?data=EAQ7lNeVmMX49Og09naXV54hjnwTAHsR5PhI9wXz4qyBFr1qM2j2blOHNLQtsRmY3ebIJ2nSlIq0CGbMhn9CdiSCYzBcKCCWhKnwqJXwF20=" rel="nofollow" target="_blank">mic_pr@micware.co.jp</a> Ascent Investor Relations LLC Tina Xiao Phone: +1-646-932-7242 Email: <a href="https://www.globenewswire.com/Tracker?data=JT_xrzeigrOQFEuZNGQY7P5IKFR8LCAgrVbgw32G4iUcaTcLyIclANjzkeamwMSjW2vVXlLqrgOJiD4r48A61gj3t4wWNbrk5xWQ0EmKSk4QLU68I_2AxqpLVp_cwmsE" rel="nofollow" target="_blank">investors@ascent-ir.com</a> A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/Tracker?data=MCzLVZtX8p-ZvG_6nagnS6nTqxd95fI3ONSYpBct6TgTSwmqSl9ZUOpEeslIKqCX1aVWsxjU_1xDQbvX3yMlx30ikww9MaAzfgpudlhduCVZaCS_6II0r6lulqtw7B0kmhSjXVSH6jyr1E3KL9uWX5Et3EG2g31TDYRu4x2UWPpd_LhrowYi3VvPv3m_-O-Y6_k5zWWJxgvM_peioICFI9nMiIfqR0TMXGDfzNTK2uK1TCquf5mEaUnU8rI3LfUThoNmPd8esxFEtuW4Hx5iEQ==" rel="nofollow" target="_blank">https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef5998f-5c72-45df-afaa-a461632290cf</a> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc2MDMzMCM3NzAwNTgyIzIzMDgxODM="></img> <img alt="" src="https://ml.globenewswire.com/media/NmQ5Y2RhZjQtNDA5ZC00N2UxLTkwNTAtZDFiYjcyN2YyMDcxLTEzMTk3MzMtMjAyNi0wNy0xMC1lbg==/tiny/MICWARE-CO-LTD-.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/44b72fa2-43fc-4af3-b054-ad8979dd683e"><img src="https://ml.globenewswire.com/media/44b72fa2-43fc-4af3-b054-ad8979dd683e/small/micware-logo-1-25-png.png" border="0" width="150" height="41" alt="Primary Logo"></img></a>

Micware announces the launch of Micware Spacia to fully develop its spatial intelligence business, effective Sept 1, 2026. The move includes reorganization of DynaPlanet under Spacia and transferring Navigations work to Micware Automotive, signaling a platform-centric growth strategy validated by OEM relationships. The restructurings set up near-term catalysts while the company outlines staged measures for Web4-era expansion.

Micware Commences Full-Scale Spatial Intelligence Business for the Web4 Era

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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