Price history
¥640Latest-27.4%
Drag across the chart to measure the move between two points.Delayed 15 minutes · monthly closing basis
Business overview
Recurring subjects
No threads yetThis company's filings have not been read yet. We are adding them progressively.
Companies sharing a theme
News
Key numbersShowing 8 of 17
PBR
66.97How many times the company's net assets? Around 1x is generally considered a benchmark.ROE
-634.2%Earning power. A figure above 10% is generally considered good.Dividend yield
0.0%The annual dividend as a percentage of the share price.Market capitalization
¥10bnShare price × number of shares. The value of the entire company.Equity ratio
8.6%The proportion of assets funded by money that does not have to be repaid.Operating margin
-87.7%The percentage of revenue remaining from the company’s core business.Revenue growth (3 years)
118.0%The average annual growth in sales over the past three years.Forward P/E
2,544.72Forward P/E based on estimated earnings for the next fiscal year.What to watch next
Further increases in the number of DPS lines installed (for low-concentration precious-metal recovery) and growth in DPS revenue, as the recurring-revenue model builds
Over the next 6–18 monthsImpact HighLikelihood Medium
Ongoing confirmation of productivity improvements and lower collection costs following the relocation of DPS production and development operations (Kyoto → Osaka office)
By around the end of 2026Impact MediumLikelihood Medium
Demonstrated supply stability and cost reductions resulting from in-house production of microwave oscillators (Yokohama laboratory)
From completion of the prototype through the start of mass production/external supply, over approximately the next 12–24 monthsImpact MediumLikelihood Low
The next stage of the low-carbon lithium ore smelting pilot following completion of the pilot machine and the start of demonstration, including disclosure of major KPIs
Over the next 12–30 monthsImpact MediumLikelihood Low
What to watch next
Who owns itTop holders total 27.6%
Listed holders 27.6%Everyone else 72.4%
Yoshino Iwao (吉野 巌)7.90%
Tsukahara Yasunori (塚原 保徳)6.90%
Mitsui Chemicals,Inc.4.90%
Morgan Stanley MUFG Securities Co., Ltd.1.90%
Daiwa Securities Co. Ltd.1.50%
Mitsui Kinzoku-SBI Material Innovation Fund1.30%
千島土地株式会社1.30%
富永 道男0.70%
2 other listed holders1.20%
| Holder | Ownership (%) |
|---|---|
| Yoshino Iwao (吉野 巌) | 7.90 |
| Tsukahara Yasunori (塚原 保徳) | 6.90 |
| Mitsui Chemicals,Inc. | 4.90 |
| Morgan Stanley MUFG Securities Co., Ltd. | 1.90 |
| Daiwa Securities Co. Ltd. | 1.50 |
| Mitsui Kinzoku-SBI Material Innovation Fund | 1.30 |
| 千島土地株式会社 | 1.30 |
| 富永 道男 | 0.70 |
| 2 other listed holders | 1.20 |
This company's documents
Filings
Timely disclosures
- 2026-10-19Notice Regarding the Launch of the CA-800M-01 Series Microwave Solvent Distillation and Recovery System
- 2026-10-01Articles of Incorporation 2026/10/01
- 2026-10-01Notice Regarding the Monthly Exercise Status of the Eighth Series of Stock Acquisition Rights with Exercise Price Adjustment Provisions
- 2026-10-01Notice Regarding the Decision to Award a Subsidy under NEDO's “Technology Research and Development Program for Discovering Seeds of New Energy Technologies, etc. and Bringing Them to Commercialization”
- 2026-10-01Notice of the change of the company name to "MWCC Inc."
- 2026-09-28Notification of Independent Officers
- 2026-09-24Notice Regarding a Strategic Partnership for the Design and Manufacture of High-Power Magnetrons
- 2026-09-17Matters Concerning the Business Plan and Growth Potential
18 more
- 2026-09-16Notice Regarding Permission to Exercise the Eighth Series Stock Acquisition Rights (with Provisions for Adjustment of the Exercise Price) under the Facility Agreement
- 2026-09-16Notice Regarding Completion of Payment for the Issuance of the 8th Stock Acquisition Rights by Third-Party Allotment (with Exercise Price Adjustment Clause)
- 2026-09-04Materials for the 19th Annual General Meeting of Shareholders (Matters Omitted from the Paper Documents Delivered to Shareholders)
- 2026-09-04Notice of Convocation of the 19th Annual General Meeting of Shareholders
- 2026-08-31Supplementary Explanatory Materials on the Issuance of the 8th Series of Stock Acquisition Rights by Third-Party Allotment
- 2026-08-31Notice of the Issuance by Third-Party Allotment of the Eighth Stock Acquisition Rights with an Exercise Price Adjustment Clause and the Execution of a Facility Agreement with an Exercise Permission Clause
- 2026-08-12Full-Year Financial Results Presentation for the Fiscal Year Ending June 2026
- 2026-08-12Summary of Financial Results for the Fiscal Year Ended June 2026 (Japanese GAAP, non-consolidated)
- 2026-08-12Notice Regarding a Change in the Corporate Name and Partial Amendments to the Articles of Incorporation
- 2026-07-28Developed innovative microwave technology that can be used in open spaces, overturning conventional wisdom
- 2026-06-30Signed an MOU with Canadian resource development company PMET and Mitsui & Co. to explore the commercialization of microwave-based low-carbon lithium ore smelting technology
- 2026-06-24Notice Regarding the Release of the Second Installment of “NEXT Wave,” a Trend-Informed Seed Technology Expanding the Potential of Microwaves
- 2026-05-26Successful reduction of iron ore using a standard bench-scale apparatus for microwave-based metal smelting/mining processes
- 2026-05-12Fiscal Year Ending June 2026 Fourth-Quarter Results Briefing Materials
- 2026-05-12Notice Regarding Revisions to Full-Year Earnings Forecasts and Recording of Extraordinary Gains and Losses
- 2026-05-12Summary of Financial Results for the Fourth Quarter of the Fiscal Year Ending June 2026 [Japanese GAAP] (Non-consolidated)
- 2026-04-28Completion of microwave calcination testing on manganese nodule ore at a scale of several tens of kilograms
- 2026-03-17Notice on “NEXT Wave,” a trend-informed seed technology initiative expanding the possibilities of microwaves
Threads
- 2026-10-19Global standardization of microwave processing
- 2026-10-19Development of microwave vacuum solvent distillation and recovery equipment
- 2026-10-01Acquisition of DPS's Low-Concentration Precious Metal Recovery Business and Expansion into Other Markets
- 2026-10-01Strengthening the Financial Position and Raising Business Funds through the 8th Series of Stock Acquisition Rights
- 2026-10-01External messaging on business expansion and global rollout following the corporate name change to MWCC
- 2026-09-24In-house production of microwave oscillators and opening of a Yokohama laboratory
- 2026-09-17One-stop services from research and development to actual machine production and manufacturing support
- 2026-09-17Expanding the R&D Pipeline Across Broad Application Fields
87 more
- 2026-09-17Full-year plan: 25 new projects won and 52 total contracted projects
- 2026-09-17Carbon Dioxide Reduction Using Microwave Processes
- 2026-09-17The persistence of heavy, large-scale, energy-intensive processes
- 2026-09-17Commitment Lines and Financial Covenants
- 2026-09-17Seasonal sales fluctuations concentrated in the fourth quarter
- 2026-09-17Revenue composition centered on joint development agreements
- 2026-09-17Recording of operating loss, ordinary loss and net loss attributable to owners of the parent
- 2026-09-17Research and Development Expenditure
- 2026-09-17Carbon Neutrality Policy and Expanded Support for R&D and Social Implementation
- 2026-09-17Expansion of PlaWave’s Chemical Recycling of Waste Plastics
- 2026-09-17Demonstration and development of an energy-saving, high-efficiency production process for turquoise hydrogen
- 2026-09-17Increase in Shares and Capital Through the Exercise of Stock Acquisition Rights
- 2026-09-17Study of a mass-production system for carbon fiber with a lower environmental impact
- 2026-09-17Using the number of new deals, total deals and sales by phase as management metrics
- 2026-09-17Generating recurring revenue such as royalties from the commercialization pipeline
- 2026-09-17Improving Simulation Accuracy and Systematizing Analytical Methods
- 2026-09-17Development of High-Temperature Complex Permittivity Measurement Technology
- 2026-09-17Development of Standard Laboratory Equipment to Standardize Development and Expand Project Coverage
- 2026-09-17Recruitment and Employee Development Investment Target for the Fiscal Year Ended March 2024
- 2026-09-17Transition to a Company with an Audit and Supervisory Committee and Strengthening of the Audit Framework
- 2026-09-17Improvement to full-year net sales of ¥1,215.353 million and operating income of ¥59.841 million
- 2026-09-17Increase in cash and cash equivalents to ¥1,246.269 million
- 2026-09-17Revenue mix centered on Phases 1 and 2, with Phase 3 revenue beginning to emerge
- 2026-09-17Revenue recognition schedule for ¥817.8 million in remaining performance obligations
- 2026-09-17No-Dividend Policy Prioritizing Upfront Investment in Research and Development
- 2026-09-17Substantial R&D Costs and Development Delay Risk
- 2026-09-17Sales concentration among specific customers from Phase 2 onward
- 2026-09-17Risk of staffing shortages and lack of replacement personnel in small organizations
- 2026-09-17Suspension of Development Facilities Due to Natural Disasters, Accidents, Terrorism or War
- 2026-09-17Research and Development Division and Engineering Division account for 71.9% of total employees
- 2026-09-17Pilot Demonstration of Microwave Electrification Technology for Lithium Smelting
- 2026-09-17Successful Microwave Reduction of Iron Ore in the Steelmaking Process
- 2026-09-17Selective Investment in High-Quality, Large-Scale Projects and Accelerating Real-World Deployment
- 2026-09-17Technology adoption opportunities over the next 10 years, taking into account manufacturing equipment replacement cycles
- 2026-09-17Suspension Order Against the Accounting Auditor
- 2026-09-17Exploring New Businesses Through Semiconductor Materials, Non-Microwave Solutions and Small-Scale M&A
- 2026-09-17Fiscal year-end changed from March to June
- 2026-09-17Sixth Series Stock Acquisition Rights Linked to Revenue Targets
- 2026-09-17Microwave Smelting Test for Manganese Nodules Offshore of Minamitorishima Island
- 2026-09-17Material Doubt Regarding Going Concern and Measures to Strengthen the Financial Position and Secure Liquidity
- 2026-09-17Delays in Orders for Large Projects and Reassessment of Customer Investment Timing
- 2026-09-17Recurring-revenue base for the DualPore solutions business
- 2026-09-17Lower collection incentives and profitability due to fluctuations in precious metal prices
- 2026-09-17Compliance with Laws and Regulations in Each Country Governing the Transportation and Handling of Precious Metals
- 2026-09-17Plan to achieve operating profitability in the fiscal year ending June 2027
- 2026-09-04総額5億円の長期借入による流動性確保
- 2026-08-12¥47.757 million cash outflow from operating activities
- 2026-08-12Decline in net assets to ¥1,700.349 million
- 2026-08-12組織再生型靱帯の量産装置開発
- 2026-07-28Development of microwave technology and equipment for use in open spaces
- 2026-05-12Revenue fluctuations due to the timing and amount of recognition under co-development agreements
- 2026-05-12Decrease in total liabilities to ¥1,045.231 million
- 2026-05-12Chemical-industry oversupply, structural reform and industry consolidation
- 2025-11-13Second-quarter revenue of ¥238.762 million, down 30.3% year on year
- 2025-11-13Total assets decline to ¥2,745,580 thousand
- 2025-11-13Issuance of Tax-Qualified Stock Options for Employees
- 2025-11-13Honda's New Kei Passenger EV to Use Recycled Acrylic Resin
- 2025-06-26Ongoing Recruitment and Development of Diverse Specialist Talent
- 2025-06-26Development of Project Leaders and Producers
- 2025-06-26Competency-Based Human Resources System
- 2025-06-26Uncertainty over the expansion of microwave technology applications and market penetration
- 2025-06-26Decline in Competitive Advantages Due to New Entrants and Alternative Technologies
- 2025-06-26Intellectual Property Infringement and Legal Disputes
- 2025-06-26Uncertainty Regarding Pipeline Commercialization and Recurring Revenue Generation
- 2025-06-26Risk of Termination of Material Contracts and Changes in Counterparties’ Management Policies
- 2025-06-26Volatility in Historical Performance and Uncertainty Surrounding Business Expansion
- 2025-06-26Dependence on Key Directors
- 2025-06-26Leakage of Confidential Information, Including Technology and the Development Pipeline
- 2025-06-26Stricter Regulations on Product Liability, the Fire Service Act, the Radio Act and Other Areas
- 2025-06-26Impairment Risk for Research and Development Equipment and Fixed Assets
- 2025-06-26Delays in Revenue Recognition Due to Changes in the Timing of Customer Acceptance
- 2025-06-26ティエムティ's Performance and Risk of Impairment Losses on Shares in Affiliates
- 2025-06-26TMT's commercial shipments begin, with a net loss of ¥494.237 million for the current fiscal year
- 2025-06-26Electrification and Commercial Deployment of Naphtha Cracking Using M-Cracker
- 2025-06-26Design and manufacture of a microwave heating reactor for a beryllium production demonstration
- 2025-06-26Strategic Partnership for the Design and Manufacture of Microwave Rotary Hearth Furnaces for Ore Smelting
- 2025-06-26Strengthening Internal Controls for Pipeline Progress and Budget-versus-Actual Management
- 2025-06-26Improving Business Execution Efficiency Through the Introduction of an Executive Officer System
- 2024-06-27SiriusWave Begins Sales of Microwave Multi-Stage Freeze-Drying Equipment
- 2024-06-27Construction of the Non-Hazardous Materials Demonstration Building and Third Demonstration Building at the Osaka Facility
- 2024-06-27Restrictions on Development and Transactions Due to COVID-19
- 2024-06-27Demonstration development of an elastomer manufacturing process
- 2024-06-27High-Quality Silver Nanowire Product Development and Sample Provision
- 2024-06-27Launch of Sales of M-block Microwave Laboratory Equipment
- 2024-02-09Listing on the Tokyo Stock Exchange Growth Market and Public Offering
- 2024-02-09Net sales of ¥594.978 million, down 12.2% year on year
- 2023-08-08First-quarter revenue of ¥102.655 million, down 34.8% year on year