$MWC
Micware Co., Ltd.
CIK:0002083526|SEC Filings
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME ¥ in Thousands, $ in Thousands |
12 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Feb. 28, 2026
USD ($)
$ / shares
shares
|
Feb. 28, 2026
JPY (¥)
¥ / shares
shares
|
Feb. 28, 2025
JPY (¥)
¥ / shares
shares
|
Feb. 29, 2024
JPY (¥)
¥ / shares
shares
|
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| Income Statement [Abstract] | |||||||||||||
| Revenue - third parties | $ 46,506 | ¥ 7,257,218 | ¥ 7,276,479 | ¥ 7,476,565 | |||||||||
| Revenue - related parties | 93,807 | 14,638,572 | 13,842,825 | 10,040,166 | |||||||||
| Total Revenue | 140,313 | 21,895,790 | 21,119,304 | 17,516,731 | |||||||||
| Cost of revenue | 88,727 | 13,845,797 | 13,729,851 | 12,193,425 | |||||||||
| Gross profit | 51,586 | 8,049,993 | 7,389,453 | 5,323,306 | |||||||||
| Operating expenses | |||||||||||||
| Selling, general, and administrative expenses | 26,589 | 4,149,281 | 4,171,455 | 2,469,969 | |||||||||
| Research and development expenses | 9,848 | [1] | 1,536,704 | [1] | 1,057,697 | [2] | 960,940 | ||||||
| Total operating expenses | 36,437 | 5,685,985 | 5,229,152 | 3,430,909 | |||||||||
| Operating profit | 15,149 | 2,364,008 | 2,160,301 | 1,892,397 | |||||||||
| Other income (expense) | |||||||||||||
| Interest expenses, net | (274) | (42,785) | (49,498) | (36,978) | |||||||||
| (Loss) gain from disposal of long-lived assets | 7 | 1,092 | (1,370) | (154) | |||||||||
| Gain (loss) from change in fair market value of equity securities | (718) | (112,100) | (44,352) | 71,165 | |||||||||
| Gain (loss) from foreign currency exchange | 82 | 12,735 | (34,515) | 8,904 | |||||||||
| Impairment loss on long-term investment | (583) | (91,021) | |||||||||||
| Gain on bargain purchase | 684 | 106,805 | |||||||||||
| Other income, net | 535 | 83,557 | 5,981 | 3,735 | |||||||||
| Total other income (expense), net | (267) | (41,717) | (123,754) | 46,672 | |||||||||
| INCOME BEFORE INCOME TAX PROVISION | 14,882 | 2,322,291 | 2,036,547 | 1,939,069 | |||||||||
| PROVISION (BENEFIT) FOR INCOME TAXES | |||||||||||||
| Current | 6,602 | 1,030,260 | 953,843 | 703,501 | |||||||||
| Deferred | (2,098) | (327,464) | (271,623) | (163,968) | |||||||||
| Total provision for income taxes | 4,504 | 702,796 | 682,220 | 539,533 | |||||||||
| Net income | 10,378 | 1,619,495 | 1,354,327 | 1,399,536 | |||||||||
| Less: net income attributable to non-controlling interests | (108) | (16,895) | (23,709) | (28,902) | |||||||||
| Net income attributable to the Company's ordinary shareholders | 10,270 | 1,602,600 | 1,330,618 | 1,370,634 | |||||||||
| Other comprehensive income, net of tax: | |||||||||||||
| Foreign currency translation adjustments | 389 | 60,685 | 248 | 44,105 | |||||||||
| Total comprehensive income | 10,767 | 1,680,180 | 1,354,575 | 1,443,641 | |||||||||
| Less: comprehensive income attributable to non-controlling interests | (185) | (28,828) | (23,572) | (42,137) | |||||||||
| Comprehensive income attributable to the Company | $ 10,582 | ¥ 1,651,352 | ¥ 1,331,003 | ¥ 1,401,504 | |||||||||
| WEIGHTED AVERAGE NUMBER OF ORDINARY SHARES | |||||||||||||
| Basic | [3] | 56,070,866 | 56,070,866 | 52,192,776 | 53,040,492 | ||||||||
| Diluted | [3] | 56,070,866 | 56,070,866 | 52,192,776 | 53,040,492 | ||||||||
| EARNINGS PER SHARE | |||||||||||||
| Basic | (per share) | [3] | $ 0.18 | ¥ 28.58 | ¥ 25.49 | ¥ 25.84 | ||||||||
| Diluted | (per share) | [3] | $ 0.18 | ¥ 28.58 | ¥ 25.49 | ¥ 25.84 | ||||||||
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