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

Micware Co., Ltd. (NASDAQ: MWC) (the “Company” or "Micware"), 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 "Micware Spacia Co., Ltd.," the entity that will fully develop the Company’s spatial intelligence business, with the aim of creating new value in the Web4 era.

The launch will be carried out as follows. (1) Change of Trade Name of Consolidated Subsidiary Current: Micware Navigations Co., Ltd. ("Micware Navigations") New: Micware Spacia Co., Ltd. ("Micware Spacia") (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. ("Micware Automotive") 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.

The effective date of the launch is September 1, 2026.

Micware's growth strategy is to establish itself as a platform business ope...