3962 CHANGE Holdings, Inc. - Financial Results

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3962

TSE Prime

CHANGE Holdings, Inc.

925

JPY

-7

(-0.75%)

Mar 13, 3:30 pm JST

5.80

USD

Mar 13, 2:30 am EDT

Result

PTS

outside of trading hours

920

Mar 13, 10:22 pm JST

Summary Chart Historical News Financial Result

Current Period Guidance

Annual

Result

Guidance History

Growth Rate

Profitability

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2022 Changed	10,140	4,582	4,564	3,093	42.8	4.50	May 13, 2022	IFRS
Mar, 2023	20,021	5,730	5,653	3,856	53.3	10	May 15, 2023	IFRS
Mar, 2024	37,015	7,383	7,250	4,262	58.9	18.70	May 15, 2024	IFRS
Mar, 2025	46,387	13,515	12,745	7,532	107.5	20.90	May 15, 2025	IFRS
Mar, 2026 Guidance	55,000	14,000	13,223	7,904	113.6	23	May 15, 2025	IFRS
YoY	+18.6%	+3.6%	+3.8%	+4.9%	+5.7%

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Sep, 2021	Nov 13, 2020	16,031	5,321	ー	3,460	0*	IFRS
-	Feb 15, 2021	16,031	5,321	5,258	3,460	0*	IFRS
	Aug 10, 2021	15,500	5,812	5,749	3,769	0*	IFRS
Results	Nov 15, 2021	15,653	5,985	5,911	4,104	0*	IFRS
Mar, 2022 Changed	Nov 15, 2021	Available in future release
Changed	Dec 14, 2021
Changed	Mar 14, 2022
Results Changed	May 13, 2022
Mar, 2023	May 13, 2022
Results	May 15, 2023
Mar, 2024	May 15, 2023
	Nov 14, 2023
	Mar 25, 2024
Results	May 15, 2024
Mar, 2025	May 15, 2024
Results	May 15, 2025
Mar, 2026	May 15, 2025	55,000	14,000	13,223	7,904	23	IFRS

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar, 2011	724	－	Available in future release
Mar, 2012	973	+34.4
Mar, 2013	915	-6.0
Mar, 2014	1,029	+12.5
Sep, 2014 Changed	711	－
Sep, 2015	1,400	+96.9
Sep, 2016	1,550	+10.7
Sep, 2017	1,980	+27.7
Sep, 2018	2,604	+31.5
Sep, 2019	7,054	+170.9
Sep, 2020	10,542	+49.4
Sep, 2021	15,653	+48.5
Mar, 2022 Changed	10,140	－
Mar, 2023	20,021	+97.4
Mar, 2024	37,015	+84.9
Mar, 2025	46,387	+25.3
Mar, 2026 Guidance	55,000	+18.6	14,000	+3.6	13,223	+3.8	113.6	+5.7

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Mar, 2024	37,015	7,383	20.0	11.22	5.81	0.50	58.9
Mar, 2025	46,387	13,515	29.1	18.67	7.58	0.47	107.5
Mar, 2026 Guidance	55,000	14,000	25.5	16.73	6.26	0.44	113.6

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	46,387	13,515	12,745	7,532	107.5
Fiscal Year	Mar, 2025	Mar, 2025	Mar, 2025	Mar, 2025	Mar, 2025

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2022	14,084	5,612	5,550	3,693	51.1	10	May 15, 2023	IFRS
Oct - Mar, 2023	22,358	3,054	2,873	1,131	15.6	18.70	May 15, 2024	IFRS
Oct - Mar, 2024	29,875	9,702	9,292	5,456	77.9	20.90	May 15, 2025	IFRS
Oct - Mar, 2025 Guidance	32,734	11,500	10,479	6,343	91.2	23	Nov 13, 2025	IFRS
YoY	+9.6%	+18.5%	+12.8%	+16.3%	+17.1%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Mar, 2023	5,730	-9,025	-1,143	-7,882	1,608	22,968	43.38	IFRS
Mar, 2024	7,383	-1,675	12,070	-13,745	17,827	38,403	40.93	IFRS
Mar, 2025	13,515	-6,245	7,836	-14,081	1,324	30,185	28.79	IFRS

Actual Performance and Financial Trends

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2023	28,798	10,199	10,194	6,951	96.1	140.6	Feb 14, 2024	IFRS
Apr - Dec, 2024	34,937	13,044	12,511	8,208	116.9	98.2	Feb 13, 2025	IFRS
Apr - Dec, 2025	41,527	10,586	10,772	6,882	98.9	81.5	Feb 12, 2026	IFRS
YoY	+18.9%	-18.8%	-13.9%	-16.2%	-15.4%

Quarterly Results

Result

Growth Rate

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	8,217	-2,816	-2,944	-2,689	-37.2	-34.3	May 15, 2024	IFRS
Apr - Jun, 2024	8,139	2,345	2,177	1,386	19.4	28.8	Aug 14, 2024	IFRS
Jul - Sep, 2024	8,373	1,468	1,276	690	9.8	17.5	Nov 13, 2024	IFRS
Oct - Dec, 2024	18,425	9,231	9,058	6,132	87.3	50.1	Feb 13, 2025	IFRS
Jan - Mar, 2025	11,450	471	234	-676	-9.7	4.1	May 15, 2025	IFRS
Apr - Jun, 2025	9,908	678	889	469	6.7	6.8	Aug 14, 2025	IFRS
Jul - Sep, 2025	12,358	1,822	1,855	1,092	15.7	14.7	Nov 13, 2025	IFRS
Oct - Dec, 2025	19,261	8,086	8,028	5,321	76.5	42.0	Feb 12, 2026	IFRS
YoY	+4.5%	-12.4%	-11.4%	-13.2%	-12.4%

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Jan - Mar, 2021	2,463	+82.0	Available in future release
Apr - Jun, 2021	2,612	+11.6
Jul - Sep, 2021	2,779	+11.6
Oct - Dec, 2021	7,932	+1.7
Jan - Mar, 2022	2,208	-10.4
Apr - Jun, 2022	2,762	－
Jul - Sep, 2022	3,175	－
Oct - Dec, 2022	9,582	－
Jan - Mar, 2023	4,502	－
Apr - Jun, 2023	5,118	+85.3
Jul - Sep, 2023	9,539	+200.4
Oct - Dec, 2023	14,141	+47.6
Jan - Mar, 2024	8,217	+82.5
Apr - Jun, 2024	8,139	+59.0
Jul - Sep, 2024	8,373	-12.2
Oct - Dec, 2024	18,425	+30.3
Jan - Mar, 2025	11,450	+39.3
Apr - Jun, 2025	9,908	+21.7
Jul - Sep, 2025	12,358	+47.6
Oct - Dec, 2025	19,261	+4.5	8,086	-12.4	8,028	-11.4	76.5	-12.4

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	19,261	9,231	9,058	6,132	87.3
Fiscal Year	Dec, 2025	Dec, 2024	Dec, 2024	Dec, 2024	Dec, 2024

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Mar, 2023	504.21	68.9	52,943	36,477	14,398	0.09	May 15, 2023	IFRS
Mar, 2024	545.69	42.1	93,828	39,483	17,937	0.61	May 15, 2024	IFRS
Mar, 2025	592.91	39.3	104,861	41,191	24,054	0.84	May 15, 2025	IFRS
Apr - Dec, 2025	ー	37.4	126,350	47,252	29,483	0.64	Feb 12, 2026	IFRS

CHANGE Holdings, Inc.(3962) Financial Results