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Press Release  |  2020.12.10

Notice regarding a capital alliance with
TOYOTA MOTOR CORPORATION

We, MICWARE CO., LTD., are pleased to announce that MICWARE has a capital alliance with TOYOTA MOTOR CORPORATION on December 1, 2020, further strengthen and develop the in-vehicle software development business operation.


Under the current situation where the entire automobile industry is said to be in the "era of revolution once in 100 years", companies related to the industry are moving to CASE (connected, autonomous, shared, electric). We are boldly continuing to take on the challenge of developing new technologies and services to respond to these issues and form a future mobility society.

Against this background, we have decided to form a capital alliance with TOYOTA MOTOR CORPORATION by receiving an investment.
MICWARE has been consistently engaging in the development of in-vehicle software since its establishment in 2003. Therefore, it is significant to form a capital alliance with TOYOTA MOTOR CORPORATION, which is striving to create a future mobility society. We believe that it is meaningful.

In the future, MICWARE will continue to make the best use of the achievements, experience, and expertise of in-vehicle software development and abundant human resources with advanced technology. We will strive to develop new technologies for the formation of a mobility society that enriches people's lives and create new services that make people's outings "convenient," "fun," and "safe."

TOYOTA MOTOR CORPORATION Profile

Name
TOYOTA MOTOR CORPORATION
Location
1 Toyota-cho, Toyota City, Aichi
Business Description
Motor vehicle production and sales
URL
https://global.toyota/en/

MICWARE Profile

Name
MICWARE CO., LTD.
Location
Kobe crystal tower 20F, 1-1-3, Higashikawasaki-cho, Chuo-ku, Kobe City, Hyogo
Business Description
1. Car navigation business "naviAZ" that ships about 600,000 units a year (over 15% share in Japan)
 ・ Providing our developed navigation software to major domestic automobile manufacturers
2. In-vehicle platform business "micAuto" that specializes in "in-vehicle LAN" that connects in-vehicle devices
 ・ Providing our developed network software to major domestic automobile manufacturers
3. Service business "Beatrip" that specializes in "location information services" that connect in-vehicle devices
 ・ Providing our developed location information offer software to major domestic railway companies
URL
https://www.micware.co.jp/en/