| Schedule
of accompanying consolidated financial statements |
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| Name |
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Date of incorporation / acquisition |
|
Place of incorporation |
|
Percentage of ownership |
|
Principal activities |
| Micware Automotive Co., Ltd. (MAC)(1) |
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Acquired on March 1, 2021 |
|
Japan |
|
100% |
|
Provide the one-stop solution of in-vehicle infotainment (“IVI”) software development. Development environment, software and automatic quality test. |
| Micware Mobility Co., Ltd. (MMC) |
|
Incorporated on March 4, 2024 |
|
Japan |
|
100% |
|
Provide the IVI related software, service of telephony embedded dashcam solution and software quality validation service. |
| Micware Navigations Co., Ltd. (MNC)(2) |
|
Acquired on July 16, 2019 |
|
Japan |
|
100% |
|
Provide the Software to Mobility market. GPS software, cloud server service, IVI related software and smart phone app. |
| Micware Operation Co., Ltd. (MOP) |
|
Incorporated on March 4, 2024 |
|
Japan |
|
100% |
|
Contracted human resources, general affairs, corporate planning, procurement/purchasing, intellectual property management, legal affairs, and other administrative tasks for group companies. |
| Micware Create Co., Ltd. (MCC) |
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Incorporated on March 1, 2024 |
|
Japan |
|
100% |
|
Assistance in software development for group companies and other clerical work on behalf of the company. |
| Micware North America, Inc. (MNA) |
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Incorporated on June 3, 2014 |
|
California, United States |
|
70% |
|
Provide the IVI related software and quality verification serve in North America. |
| Micware Asia Pacific Co., Ltd. (MAP) |
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Incorporated on October 3, 2016 |
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Thailand |
|
70.59% |
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Provide the mobility related software to Asia Pacific region and offshore base of software development in the Micware group. |
| Micware Europe GmbH (MEU)(3) |
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Acquired on March 28, 2024 |
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Germany |
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100% |
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Provide the Mobility related software and services to EU and other regions. |