CHANGE Holdings,Inc.

3962.T
Information Technology Services
2026/10/09 12:26 Updated
Market Cap: $457.6M (¥72.3B)
Stock Price: $6.58 (¥1,040)
Exchange Rate: 1 USD = ¥157.98

Stock Price Chart

2026/10/09 12:26 Updated
10.26
PER (Price Earnings Ratio)
vs Industry Avg: +0.7
1.60
PBR (Price to Book Ratio)
vs Industry Avg: +0.3
2.62%
Dividend Yield
vs Industry Avg: -0.33%

Price Trend

2026/10/09 12:26 Updated
Short-term
5-Day MA
+3.36%
Near-term
25-Day MA
+4.44%
Mid-term
75-Day MA
+7.22%
Long-term
200-Day MA
+8.28%

Price & Trading Details

2026/10/09 12:26 Updated

PRICE

Previous Close ¥1,011
Open ¥1,016
High ¥1,044
Low ¥1,014
Close ¥1,040

TRADING

Volume 160,800
Average Volume 228,393
Turnover ¥2億
Min. Purchase ¥104,000

Earnings Calendar

Updated 2026/10/01
NOV
13
2026
Next Earnings Release
Q4 FY2026
34days

Recent Earnings

Date EPS Est. EPS Actual Surprise
2021/11/15 ¥2.02 ¥4.13 +104.5%
2021/08/13 ¥5.58 ¥2.97 -46.8%

Shareholder Composition

Updated 2026/10/01
49.7%
Insider Holdings
7.2%
Institutional
43.1%
Public Float
43
Institutional Holders
Insider Holdings 49.7%
Institutional 7.2%
Public Float 43.1%

Dividend History 4Years Growth

Updated 2026/10/04
-%
Dividend Yield
¥23
Annual Dividend
+10.0%
YoY Growth
23.1%
Payout Ratio
Year Dividend Change
2026 ¥23 +10.0%
2025 ¥21 +11.8%
2024 ¥19 +87.0%
2023 ¥10 +122.2%
2022 ¥5 -

Financial Performance

2026/10/04 Updated

Revenue & Profit

Margins

Cash Flow

Financial Health

2023 2024 2025 2026
Income Statement
Revenue ¥20,021M ¥37,014M ¥46,387M ¥52,827M
Gross Profit ¥12,522M ¥23,041M ¥25,888M ¥28,832M
Operating Income ¥5,751M ¥9,571M ¥12,458M ¥11,089M
Pretax Income ¥5,730M ¥7,438M ¥13,439M ¥11,581M
Net Income ¥3,856M ¥4,262M ¥7,470M ¥6,937M
EPS ¥52.41 ¥58.80 ¥106.39 ¥99.69
Operating Margin 28.72% 25.86% 26.86% 20.99%
Balance Sheet
Total Assets ¥52,943M ¥93,828M ¥104,861M ¥105,605M
Total Equity ¥36,477M ¥39,483M ¥41,191M ¥46,755M
Total Liabilities ¥16,466M ¥54,345M ¥63,670M ¥58,850M
Cash ¥22,968M ¥38,403M ¥30,185M ¥26,181M
Interest-bearing Debt ¥3,413M ¥24,018M ¥34,468M ¥29,119M
Equity Ratio 68.90% 42.08% 39.28% 44.27%
D/E Ratio 0.09 0.61 0.84 0.62
Cash Flow
Operating CF -¥1,143M ¥12,070M ¥7,836M ¥7,253M
Investing CF -¥7,882M -¥13,745M -¥14,081M -¥2,844M
Financing CF ¥1,608M ¥17,827M ¥1,324M -¥8,415M
Free CF -¥4,330M ¥9,847M ¥6,825M ¥6,349M
Efficiency
ROE 10.57% 10.79% 18.14% 14.84%
ROA 7.28% 4.54% 7.12% 6.57%

Latest IR Information

Company Information

English Name CHANGE Holdings,Inc.
Japanese Name (株)チェンジホールディングス
Stock Code 3962.T (JPX)
Sector / Industry Technology / Information Technology Services
Employees 1,439

About

CHANGE Holdings,Inc., together with its subsidiaries, engages in the digital transformation (DX) business in Japan. It operates through the NEW-IT Transformation Business and Publitech Business segments. The NEW-IT Transformation Business segment engages in the development of digital human resources, business processes, digitalization, as well as mergers and acquisitions brokerage and cybersecurity; engages in business process outsourcing business; provides robotic solutions and location information visualization service; digital transformation consulting and business design; productivity improvement, SaaS, and data utilization; and local government digital transformation, AI support, and system development. The Publitech Business segment is involved in regional revitalization and public sector digital transformation; engages in hometown tax donation, tourism, and carbon credits; tourism consulting; and inbound business. The company was formerly known as Change Inc. and changed its name to CHANGE Holdings,Inc. in April 2023. CHANGE Holdings,Inc. was incorporated in 2003 and is headquartered in Minato, Japan.

Data provided by Yahoo Finance