MWC revenueFY2026¥21.90B
- FY YoY
- +3.7%
MWC revenue was ¥21.90B for fiscal 2026 (ended Feb 28, 2026), up 3.7% from fiscal 2025.
Micware Co. Ltd. (MWC) financials
For fiscal 2026 (ended Feb 28, 2026), Micware Co. Ltd. reported ¥21.90B of revenue and ¥1.60B of net income. Figures are in JPY, the currency of its SEC filings.
- Revenue, FY2026
- ¥21.90B
- Revenue growth, YoY
- +3.7%
- Net income, FY2026
- ¥1.60B
- Net income growth, YoY
- +20.4%
- Net margin
- 7.3%
- Free cash flow, FY2026
- ¥1.81B
- EPS, diluted, FY2026
- ¥28.58
- EPS growth, YoY
- +12.1%
- Cash
- ¥8.26B
- Total debt
- ¥3.37B
FY2024FY2026
FY2024FY2026
FY2024FY2026
MWC revenue and earnings growth
MWC net incomeFY2026¥1.60B
- FY YoY
- +20.4%
MWC net income was ¥1.60B for fiscal 2026 (ended Feb 28, 2026), up 20.4% from fiscal 2025.
MWC EPSFY2026¥28.58
- FY YoY
- +12.1%
MWC diluted EPS was ¥28.58 for fiscal 2026 (ended Feb 28, 2026), up 12.1% from fiscal 2025.
MWC free cash flowFY2026¥1.81B
- FY YoY
- +10.5%
MWC free cash flow was ¥1.81B for fiscal 2026 (ended Feb 28, 2026), up 10.5% from fiscal 2025.
Income statement
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|---|
| Revenue | ¥21.90B | ¥21.12B | ¥17.52B |
| Cost of revenue | ¥13.85B | ¥13.73B | ¥12.19B |
| Gross profit | ¥8.05B | ¥7.39B | ¥5.32B |
| Research and development | ¥1.54B | ¥1.06B | ¥960.94M |
| Selling, general and admin | ¥4.15B | ¥4.17B | ¥2.47B |
| Operating income | ¥2.36B | ¥2.16B | ¥1.89B |
| Interest expense | ¥49.50M | ¥52.30M | ¥36.40M |
| Pre-tax income | ¥2.32B | ¥2.04B | ¥1.94B |
| Income tax | ¥702.80M | ¥682.22M | ¥539.53M |
| Net income | ¥1.60B | ¥1.33B | ¥1.37B |
| EPS, basic | ¥28.58 | ¥25.49 | ¥25.84 |
| EPS, diluted | ¥28.58 | ¥25.49 | ¥25.84 |
| Diluted shares | 56.1M | 52.2M | 53.0M |
Balance sheet
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|---|
| Cash and equivalents | ¥8.26B | ¥7.67B | ¥4.19B |
| Receivables | ¥1.76B | ¥1.52B | - |
| Inventory | ¥18.90M | ¥48.63M | - |
| Current assets | ¥14.52B | ¥14.06B | - |
| Goodwill | ¥239.23M | ¥197.65M | - |
| Total assets | ¥24.44B | ¥22.97B | - |
| Current liabilities | ¥8.76B | ¥7.32B | - |
| Short-term debt | ¥800.00M | - | - |
| Long-term debt | ¥2.57B | ¥4.27B | - |
| Total debt | ¥3.37B | ¥4.27B | - |
| Total liabilities | ¥15.83B | ¥16.19B | - |
| Shareholders' equity | ¥8.01B | ¥6.53B | ¥4.58B |
Cash flow
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|---|
| Operating cash flow | ¥2.07B | ¥2.23B | ¥403.05M |
| Capital expenditures | ¥268.73M | ¥594.99M | ¥180.74M |
| Free cash flow | ¥1.81B | ¥1.63B | ¥222.31M |
| Investing cash flow | -¥794.60M | -¥633.09M | -¥219.00M |
| Financing cash flow | -¥746.46M | ¥1.89B | ¥38.96M |
| Depreciation and amortization | ¥429.10M | ¥441.93M | ¥423.60M |
Key ratios
| Line item | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|---|
| Revenue growth, YoY | 3.7% | 20.6% | - |
| Net income growth, YoY | 20.4% | -2.9% | - |
| EPS growth, YoY | 12.1% | -1.4% | - |
| Gross margin | 36.8% | 35.0% | 30.4% |
| Operating margin | 10.8% | 10.2% | 10.8% |
| Net margin | 7.3% | 6.3% | 7.8% |
| Free cash flow margin | 8.2% | 7.7% | 1.3% |
| Return on equity | 20.0% | 20.4% | 29.9% |
| Return on assets | 6.6% | 5.8% | - |
| Current ratio | 1.66 | 1.92 | - |
| Debt to equity | 0.42 | 0.65 | - |
Source: XBRL data Micware Co. Ltd. files with the SEC, latest filing dated Jun 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
MWC peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| MWC | ¥21.90B | +3.7% | ¥1.60B | 7.3% | $68.7M |
| ADP | $22.26B | +6.5% | $4.53B | 20.3% | $119.75B |
| INFY | $20.16B | +4.6% | $3.31B | 16.4% | $50.70B |
| WDAY | $10.15B | +13.3% | $1.25B | 12.3% | $46.49B |
| ZS | $3.35B | +25.4% | -$63.18M | -1.9% | $32.23B |
| CTSH | $21.89B | +5.0% | $2.57B | 11.8% | $28.93B |
| VRSN | $1.73B | +6.5% | $849.80M | 49.1% | $27.69B |
| VRSK | $3.18B | +4.9% | $879.20M | 27.7% | $26.63B |
| IOT | $1.85B | +29.5% | $90.55M | 4.9% | $24.00B |
MWC FAQ
9 questionsWhat is MWC revenue?
Micware Co. Ltd. (MWC) reported ¥21.90B of revenue for fiscal 2026 (ended Feb 28, 2026). That is up 3.7% from the year before.Is MWC profitable?
Yes. Micware Co. Ltd. earned ¥1.60B in net income for fiscal 2026 (ended Feb 28, 2026), a net margin of 7.3%.How much cash and debt does MWC have?
Micware Co. Ltd. reported ¥8.26B in cash and cash equivalents and ¥3.37B of debt on its most recent balance sheet in SEC filings.How fast is MWC revenue growing?
Micware Co. Ltd.'s revenue changed +3.7% in fiscal 2026, to ¥21.90B.What is MWC gross margin?
Micware Co. Ltd.'s gross profit was ¥8.05B on ¥21.90B of revenue for fiscal 2026 (ended Feb 28, 2026), a gross margin of 36.8%.What is MWC free cash flow?
Micware Co. Ltd. generated ¥1.81B of free cash flow for fiscal 2026 (ended Feb 28, 2026), which is operating cash flow of ¥2.07B less capital expenditures.What is MWC earnings per share?
Diluted earnings per share were ¥28.58 for fiscal 2026 (ended Feb 28, 2026), from SEC filings, restated for any stock split those filings show.When did MWC last report financial results?
The latest statements here come from Micware Co. Ltd.'s 20-F filed on Jun 30, 2026, covering the period ended Feb 28, 2026.Where does this MWC financial data come from?
Quantisnow builds these statements from the structured XBRL data Micware Co. Ltd. files with the SEC. It is provided for information only and is not investment advice.