Aug. 27 at 10:21 AM
$PTC participates in Japan's "Project PLATEAU".
Project PLATEAU is an initiative led by Japan’s Ministry of Land, Infrastructure Transport, and Tourism to enable urban policy innovations.
The initiative involves creating 3D models and #digitaltwins for 500 cities across Japan by 2027.
Another U.S. listed company participating is Micware Co., ticker: MWC.
MWC is a Japanese small cap, listed in NASDAQ a few months ago.
TOYOTA and HONDA hold 11.6% each in MWC, while it trades at a P/E below 10 and a EV/EBITDA below 5, far below the industry's averages.
Of course, Japanese giants also participate, like Hitachi, Fujitsu and Toshiba.
