en.Wedoany.com Reported - Japanese software company Micware (Micware Co., Ltd., NASDAQ: MWC) has announced the establishment of a subsidiary, "Micware Spacia Co., Ltd.," to fully engage in spatial intelligence business, aiming to create new value in the Web4 era.

The new company will be formed by changing the trade name of a consolidated subsidiary. Micware Navigations Co., Ltd. will be renamed Micware Spacia Co., Ltd. Masahide Shigeno, who serves as Acting Representative Director, President, and Chief Technology Officer of the DynaPlanet platform, will assume the roles of Representative Director, President, and CEO of the new company while continuing his existing duties. Part of the business of Micware Navigations will be transferred to Micware Automotive Co., Ltd. to strengthen the micAuto platform business. Kenta Imaida, the current Representative Director, President, and CEO of Micware Navigations, will be reassigned to Micware Automotive. These changes will take effect on September 1, 2026.

Micware's growth strategy lies in establishing a platform business and solidifying its position as a platform operator. In addition to its two existing platforms, the company has set a mission to accelerate the development of new projects.

Headquartered in Kobe, Micware is a software development and IT solutions provider specializing in the automotive and mobility sectors. Its main business involves the development and sale of in-vehicle infotainment systems, covering multimedia, navigation, human-machine interfaces, telematics, and driver assistance functions. The company also has strengths in navigation software and smartphone application development related to location information. Since its founding in 2003, Micware has accumulated over 20 years of experience in automotive software and maintains long-term trading relationships with major Japanese automakers, including Honda Motor Co., Ltd. and Toyota Motor Corporation. According to the industry report "IVI, Automotive Navigation Systems, and Digital Map Market" commissioned by the company from Frost & Sullivan, as of February 28, 2024, Micware ranked 9th in the IVI market among Tier 1 suppliers in Japan. Domestically, the company operates six business entities and 12 locations, with overseas subsidiaries in the United States, Thailand, and Germany.