What is the offer price of Micware Co., Ltd. IPO?

The indicated price range is $7.00 - $9.00 per share. Micware Co., Ltd. is offering approximately 2.85M shares.

When is Micware Co., Ltd. IPO expected to list?

Micware Co., Ltd. is expected to price on May 14, 2026, begins trading on May 14, 2026 on the NASDAQ.

Which exchange will Micware Co., Ltd. list on?

Micware Co., Ltd. plans to list its common stock on the NASDAQ under the ticker symbol MWC.

What is the size of Micware Co., Ltd. IPO?

For Micware Co., Ltd. IPO, implied market capitalization is around $424.74M.

How can I subscribe to Micware Co., Ltd. IPO?

US IPOs are allocated through brokerage platforms that participate in the offering. You can check with your broker (e.g., Robinhood, SoFi, Fidelity, Charles Schwab, etc.) to see whether they offer access to this IPO. Shares can also be bought on the exchange after listing.

What is the current status of Micware Co., Ltd. IPO?

As of now, the IPO status is "listed". This reflects whether the deal has been filed, priced, or listed.

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IPOScanner helps investors track upcoming, live and past IPOs in one place with GMP, subscription, allotment status and listing performance insights.

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IPO Calendar GMP Tracker Subscription Status Allotment Status

IPOs

All IPOs Live IPOs Upcoming IPOs Closed IPOs Listed IPOs

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eBooks

Company

Home About Us Privacy Policy Terms of Service

About IPO Scanner

Our tools are designed to be simple, fast and investor-friendly so you can focus on evaluating businesses instead of opening multiple tabs and websites for basic information.

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For any query / feedback / clarifications, email at
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Micware Co., Ltd.

MWCNASDAQ

listed

$1.77-78.15% All time

JPY · NASDAQ:MWC

Issue Size

$22.80M

Price Range

$7.00 - $9.00

58.99M o/s · 2.85M offered

Listing Price

$8.10

About

Micware Co., Ltd.

Its Software Defined Vehicles segment develops and sells software systems designed for SDV, including IVI system software and other mobility-enhancing software products.

The Location-Based Services segment engages in the development and licensing of in-vehicle navigation software systems, and other geographic data-based services for business-to-business customers.

Micware Co., Ltd. Overview

Ticker, listing venue and issuer profile

TickerMWC

ExchangeNASDAQ

Statuslisted

SectorTechnology

IndustryInformation Technology Services

CurrencyJPY

CIK Code2083526

CUSIP59490A100

ISINUS59490A1007

Offer & Key Dates

Pricing terms and IPO milestones

Price Range$7.00 - $9.00

Offer Price$8.00

Listing Price$8.10

Current Price$1.77

Vs IPO price-77.88%

Change from offer price to today

Shares Offered2.85M

Shares Outstanding58.99M

Offer Size$22.80M

Market Cap$424.74M

Filing Date--

Priced DateMay 14, 2026

Listed DateMay 14, 2026

Live Market Snapshot

Real-time price; headline % change is vs first trade (listing price)

$7.20-78.15% All time

USD · NASDAQ:NASDAQ:MWC

Open$7.08

High$7.21

Low$6.65

Volume145,384

52W High$13.95

52W Low$4.70

Market Cap$404.22M

Enterprise Value--

Valuation & Multiples

Key valuation ratios and metrics

P / E40.4

P / Book7.57

P / Sales2.68

EV / EBITDA--

EPS0.18

Revenue / Share (TTM)2.64

Revenue$149.81M

Net Income$10.34M

Financial Health

Balance sheet strength and liquidity

Total Debt$34.55M

Total Assets$118.79M

Cash$52.98M

Free Cash Flow--

Current Ratio2.05

Quick Ratio2.03

Debt / Equity0.65

CapEx--

Profitability & Returns

Margins and return on capital

Gross Margin39.88%

Operating Margin10.00%

Net Margin6.90%

Return on Equity21.05%

Return on Assets7.24%

ROIC12.49%

EBITDA--

Gross Profit$54.59M

Financial Highlights

Historical financial performance

Historical Data

Market history and supplemental quote data

Date	Open	High	Low	Close	Adj. Close	Change	Volume
2026-05-29	$7.08	$7.21	$6.65	$7.20	$7.20	+0.12	144,400
2026-05-28	$6.98	$7.70	$6.54	$7.09	$7.09	+0.11	392,100
2026-05-27	$7.22	$7.48	$6.00	$6.02	$6.02	-1.20	367,900
2026-05-26	$5.38	$8.15	$5.30	$7.70	$7.70	+2.32	2,571,600
2026-05-22	$5.83	$6.01	$4.93	$5.28	$5.28	-0.55	700,000
2026-05-21	$7.06	$7.06	$5.79	$5.90	$5.90	-1.16	1,581,400
2026-05-20	$12.02	$13.95	$7.08	$7.15	$7.15	-4.87	39,510,500
2026-05-19	$6.14	$6.14	$4.70	$4.72	$4.72	-1.42	32,800
2026-05-18	$8.00	$8.00	$6.10	$6.35	$6.35	-1.65	102,100
2026-05-15	$8.00	$8.09	$7.97	$8.00	$8.00	0.00	275,100
2026-05-14	$8.10	$10.45	$7.79	$8.20	$8.20	+0.10	757,000

SEC Filings

Official documents from SEC EDGAR

Form	Filing Date	Document
6-K	May 27, 2026	Report of foreign issuer
6-K	May 19, 2026	Report of foreign issuer
SCHEDULE 13G	May 18, 2026	Filing
6-K	May 15, 2026	Report of foreign issuer
424B4	May 15, 2026	Prospectus
EFFECT	May 13, 2026	Notice of Effectiveness
F-1MEF	May 13, 2026	Filing
CERT	May 13, 2026	Certification by an exchange approving securities for listing
FWP	May 11, 2026	Free Writing Prospectus
8-A12B	May 8, 2026	Registration of securities

Company Info

Contact and headquarters details

Websitehttps://www.micware.co.jp

HeadquartersJapan

Founded2003

Employees452

Phone81 78 366 5780

AddressKobe Asahi Building, 25th FloorKobe, 650-0035 Japan

Leadership

Key executives and officers

Kenji Narushima

Representative Director, President, Chairman, and Chief Executive Officer.

Masahide Shigeno

Representative Director, Deputy President, Chief Technology Officer, and Member of the Nominating and Compensation Committee

Takuma Segawa

Chief Financial Officer

Kazuyuki Kawabata

Independent Director and Member of the Nominating and Compensation Committee

Asami Sadoi

Independent Director and Member of the Nominating and Compensation Committee

Yuko Osumi

Independent Director and Member of the Nominating and Compensation Committee

Rieko Okada

Independent Director and Member of the Nominating and Compensation Committee

Jerzy Marek Rudzinski

Independent Director

Hiroaki Fujita

Full-time Corporate Auditor

Mitsunori Yabe

Outside Corporate Auditor

Micware Co., Ltd. IPO - FAQs

Micware Co., Ltd. provides software development services and information technology solutions focusing on the automotive and mobility sectors in Japan and internationally. The company operates three segments: Software Defined Vehicles, Location-Based Services, and Others. Its Software Defined Vehicles segment develops and sells software systems designed for SDV, including IVI system software and other mobility-enhancing software products. The Location-Based Services segment engages in the development and licensing of in-vehicle navigation software systems, and other geographic data-based services for business-to-business customers.

Micware Co., Ltd.

About

Micware Co., Ltd. Overview

Offer & Key Dates

Live Market Snapshot

Valuation & Multiples

Financial Health

Profitability & Returns

Financial Highlights

Historical Data

SEC Filings

Company Info

Leadership

Micware Co., Ltd. IPO - FAQs

What is Micware Co., Ltd. (MWC) IPO?

What is the offer price of Micware Co., Ltd. IPO?

When is Micware Co., Ltd. IPO expected to list?

Which exchange will Micware Co., Ltd. list on?

What is the size of Micware Co., Ltd. IPO?

How can I subscribe to Micware Co., Ltd. IPO?

What is the current status of Micware Co., Ltd. IPO?