3 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings, in JPY as reported — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 11.8% per year over the past 2 years.
Net income has grown slower than revenue (8.1% vs 11.8% per year).
Operating margin has been roughly flat, at 10.8% in the latest year.
Free cash flow has grown 185.0% per year over the past 2 years.
Financial health
The company holds more cash (¥8.3B) than total debt (¥5.4B).
Total debt has grown faster than revenue (26.1% vs 11.8% per year).
Operating income covered interest expense 48× in the latest year, down from 52× 2 years ago.
Total debt is 1.9× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2026
¥21.9B
¥1.6B
36.8%
10.8%
20.0%
6.6%
¥1.8B
¥5.4B
¥8.3B
2025
¥21.1B
¥1.3B
35.0%
10.2%
20.4%
5.8%
¥1.6B
¥4.3B
¥7.7B
2024
¥17.5B
¥1.4B
30.4%
10.8%
—
—
¥222M
—
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Frequently asked questions
Is MWC growing its revenue and profit?
Over the past 2 years, Micware Co., Ltd.'s revenue has grown 11.8% per year, and net income grown 8.1% per year. These are computed facts, not advice.
How much debt does MWC have?
As of FY2026, Micware Co., Ltd. reported ¥5.4B of total debt against ¥8.3B of cash; operating income covered interest expense 48×.
What is MWC's profit margin?
In FY2026, gross margin was 36.8%, operating margin 10.8%, and net margin 7.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in JPY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (annual and interim filings, reported in JPY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.