MARKETS / NASDAQ / MWC
NASDAQ · SERVICES-COMPUTER PROGRAMMING SERVICES · SMALL CAP

Micware Co. Ltd. MWC

3 fiscal years on record · JPY · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
¥21.9B
▲ 3.7% vs FY2024
EPS · FY25
¥28.58
Dividend / sh · FY25
Payout · FY25
ROE · FY25
22.1%
Net margin · FY25
7.3%
Dividend coverage
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Result
JPY 21.9B
Revenue, FY2025 · full 3-year series below
Revenue Net income
8162421.91.620232025
8162421.91.620232025

7 cents of every revenue dollar became profit this year.

Per share
JPY 28.58
Diluted EPS, FY2025
EPS
10203028.5820232025
10203028.5820232025

The company pays no cash dividend.

Profitability
22.1%
Return on equity, FY2025
ROE
8162422.1%20232025
8162422.1%20232025
Operating margin10.8%
Net margin7.3%
Return on assets6.8%

Each JPY of equity produced 22 cents of profit this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.06B
Shares outstanding, FY2025
0.060.0620232025
0.060.0620232025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
JPY 24.4B
total assets, end of FY2025
Total assetsJPY 24.4B
EquityJPY 8.0B
CashJPY 8.3B
Gross debtJPY 3.4B
Net debtJPY -4.9B
Current ratio1.66×

The company holds more cash than debt.

History
3 fiscal years
Every figure from documents filed with the SEC · JPY
Metric
2025
2024
2023
Revenue ¥B
21.9
21.1
17.5
Operating income ¥B
2.4
2.2
1.9
EBITDA ¥B
2.8
2.5
2.3
Income tax ¥B
0.7
0.7
0.5
Net income ¥B
1.6
1.3
1.4
EPS, diluted ¥
28.58
25.49
25.84
Dividend / sh ¥
·
·
·
Payout %
·
·
·
ROE %
22.1
20.4
·
Shares out B
0.06
0.06
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
10 of 10
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed