MWC vs PDC
Micware Co. Ltd. and Perpetuals.com Ltd., side by side — 3 fiscal years reported in JPY, drawn from SEC filings.
Most recent reported year
| Metric | MWC | PDC |
|---|---|---|
| Revenue | JPY 21.9B | JPY 256.3M |
| Net income | JPY 1.6B | JPY -2.7B |
| Gross margin | 36.8% | 59.5% |
| Net margin | 7.4% | −1069.9% |
| Return on equity | 22.1% | −75.8% |
| Diluted EPS | JPY 28.58 | −JPY 156.62 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | JPY 1.8B | · |
| Equity | JPY 8.0B | JPY 7.2B |
| Net debt / equity | −0.61× | −0.01× |
| Current ratio | 1.66× | 0.12× |
| Revenue CAGR 5y | · | 3.5% |
| Profit CAGR 5y | · | · |
MWC bills 85.4× the revenue of PDC, and PDC closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
3 years side by side
| Fiscal year | MWC | PDC |
|---|---|---|
| FY2025 | JPY 21.9B | JPY 256.3M |
| FY2024 | JPY 21.1B | JPY 440.4M |
| FY2023 | JPY 17.5B | JPY 179.4M |
Bottom line
| Fiscal year | MWC | PDC |
|---|---|---|
| FY2025 | JPY 1.6B | JPY -2.7B |
| FY2024 | JPY 1.3B | JPY -256.7M |
| FY2023 | JPY 1.4B | JPY -336.2M |
Standard deviation, each side
PDC's net margin has been more volatile than MWC's over the 3 comparable fiscal years — 449.6 percentage points of standard deviation against 0.7.
3 of 6 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MWC led in net margin in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 6 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDC's return on equity has been more volatile than MWC's over the 3 comparable fiscal years — 23.6 percentage points of standard deviation against 3.3.
3 of 6 comparable fiscal years — a year missing data on either side is not counted.
Year by year
MWC led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 6 comparable fiscal years — a year missing data on either side is not counted.