KOBE, Japan, July 28, 2026 (GLOBE NEWSWIRE) -- 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 that it had entered into a capital and business alliance agreement with Aisan Technology Co., Ltd. (TSE, NSE: 4667) (“Aisan Technology”).
Positioning of the Alliance in Micware’s Growth Strategy
This alliance is intended to give concrete form to and accelerate the DynaPlanet-PF mission of “Building Dynamic Spaces,” one of Micware’s growth strategies. By combining Aisan Technology’s technologies and expertise in high-precision location data processing, spatial surveying and high-precision three-dimensional maps with Micware’s capabilities in planning and developing software and services that utilize location and spatial data, the companies intend to advance the development of dynamic spaces.
Overview of the Alliance Businesses
The companies have agreed to pursue business initiatives under the alliance, primarily in the following areas:
- In the digital transformation (DX) domain, initiatives involving the incorporation of content and technologies owned by both companies into their respective products and solutions.
- In the mobility domain, initiatives to provide services, including applications for autonomous driving and advanced driver-assistance systems (ADAS), by leveraging maps, including high-precision maps, imagery and positioning technologies owned by both companies.
The companies will periodically review the progress, results and other matters relating to the business initiatives under the alliance and will, as necessary, reconsider the fields, scope and methods by which the alliance is advanced. Through the alliance, the companies intend to accelerate the development of dynamic spaces and advance the development of new products, solutions and services in the mobility and digital transformation (DX) domains, including autonomous driving and advanced driver-assistance systems (ADAS).
The companies will continue to engage in discussions regarding the specific details of these initiatives.
Aisan Technology participated in Micware’s initial public offering (IPO) on May 14, 2026, and acquired American Depositary Shares (ADSs) of Micware.
About Micware Co., Ltd.
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 (“OEMs”) in Japan, including Honda and Toyota. 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 & Sullivan. Micware operates across Japan through six operating entities and 13 branch offices and has established subsidiaries in the United States, Thailand, and Germany for overseas operations.