CHANGE Holdings, Inc.
3962株式会社チェンジホールディングス
Latest half-year results
First half · fiscal year to 2026-03 · filed 2025-11-13For the first half of the fiscal year to 2026-03: Revenue ¥22.3 billion (+34.8% YoY), Profit before tax ¥2.7 billion (-20.5% YoY), Net income ¥1.6 billion (-24.8% YoY).
| This period | Year on year | |
|---|---|---|
| Revenue | ¥22.3bn | +34.8% |
| Profit before tax | ¥2.7bn | -20.5% |
| Net profit to owners | ¥1.6bn | -24.8% |
From the securities report on EDINET, which states no forecast. History via /v1/companies/3962/earnings-releases.
Financials
IFRS · consolidated · fiscal year to 2026-03-31- Revenue
- ¥52.8bn
- Net income
- ¥6.9bn
- ROE
- 15.8%
- Equity ratio
- 44.3%
- Dividend / share
- ¥23
- Employees
- 1,439
| Fiscal year | Revenue | Net income | Total assets | Net assets | ROE | EPS | Operating CF |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | ¥52.8bn | ¥6.9bn | ¥105.6bn | ¥46.8bn | 15.8% | ¥99.71 | ¥7.3bn |
| 2025-03-31 | ¥46.4bn | ¥7.5bn | ¥104.9bn | ¥41.2bn | 18.5% | ¥106.61 | ¥7.8bn |
| 2024-03-31 | ¥37.0bn | ¥4.3bn | ¥93.8bn | ¥39.5bn | 11.2% | ¥58.91 | ¥12.1bn |
| 2023-03-31 | ¥20.0bn | ¥3.9bn | ¥52.9bn | ¥36.5bn | 11.0% | ¥53.31 | −¥1.1bn |
| 2022-03-31 | ¥10.1bn | ¥3.1bn | ¥42.7bn | ¥33.5bn | 9.7% | ¥42.81 | ¥3.7bn |
Indicators
Computed by us from filings · fiscal year to 2026-03-31| Metric | Value | Percentile among listed companies |
|---|---|---|
| ROE, % | 15.78 | 80.1 |
| Ordinary margin | 0.2086 | 91 |
| Equity ratio, % | 44.27 | 33.2 |
| Revenue growth | 0.1388 | 78 |
| Net income growth | -0.0714 | 30 |
| Operating cash flow / assets | 0.0687 | 53.3 |
Results wording balance: +0.60. Proprietary text method; it describes the wording only and does not interpret context.
Interest example: if all ¥27.8bn of reported debt repriced by 50 basis points, a year's interest would rise by ¥139m, 1.9% of operating cash flow. Our arithmetic only, not a forecast: fixed-rate debt and hedges are ignored.
Via /v1/companies/3962/indicators. Descriptive figures, not a rating and not investment advice.
From other filings
As the company states them/v1/companies/3962/buybacksSegments, votes and tender offers
Stated in EDINET filings/v1/companies/3962/segments/v1/companies/3962/votingOwnership changes
All companies →- 2025-01-08
SBI Holdings, Inc. raised holdings in CHANGE Holdings, Inc. (3962) to 34.47% from 33.38%.
- 2025-01-08
Holdings of SBI Holdings, Inc. in CHANGE Holdings, Inc. (3962) moved above 33.4% (33.38% -> 34.47%).
- 2024-08-20
SBI Holdings, Inc. raised holdings in CHANGE Holdings, Inc. (3962) to 33.38% from 32.32%.
- 2024-04-10
SBI Holdings, Inc. raised holdings in CHANGE Holdings, Inc. (3962) to 32.32% from 31.31%.
- 2024-03-25
Asset Management One Co., Ltd. cut holdings in CHANGE Holdings, Inc. (3962) to 2.84% from 5.07%, below the 5% threshold.
- 2024-03-21
SBI Holdings, Inc. raised holdings in CHANGE Holdings, Inc. (3962) to 31.31% from 30.07%.
- 2023-04-21
Asset Management One Co., Ltd. disclosed a 5.07% stake in CHANGE Holdings, Inc. (3962), crossing the 5% reporting threshold.
- 2023-04-11
individual filer filed a correction to a 5% report on CHANGE Holdings, Inc. (3962).
- 2023-04-07
individual filer cut holdings in CHANGE Holdings, Inc. (3962) to 3.07% from 5.43%, below the 5% threshold.
- 2023-03-14
SBI Holdings, Inc. raised holdings in CHANGE Holdings, Inc. (3962) to 30.07% from 27.07%.
Trades by 5% holders
From the 60-day trade tables in 5% reports| Holder | Period | Net shares | Net % of shares | Avg. filed price | Range |
|---|---|---|---|---|---|
| SBIホールディングス株式会社 | 2022-03-04 – 2024-12-25 | +24,496,200 | +33.56pt | ¥1,837.96 | ¥1,734–2,573 |
| individual filer | 2022-03-31 – 2023-03-07 | -2,822,500 | −3.86pt | ¥1,858.06 | ¥1,580–2,150 |
| individual filer | 2022-03-31 – 2022-08-26 | -6,543,500 | −8.96pt | ¥1,612.09 | ¥1,580–1,700 |
| individual filer | 2022-03-31 – 2022-03-31 | -2,374,800 | −3.25pt | ¥1,580 | ¥1,580–1,580 |
| individual filer | 2022-03-31 – 2022-03-31 | -1,990,400 | −2.72pt | ¥1,580 | ¥1,580–1,580 |
| individual filer | 2022-03-31 – 2022-03-31 | -2,107,200 | −2.88pt | ¥1,580 | ¥1,580–1,580 |
Net shares and the average are our calculations. Prices are filed prices as stated by the filer, mostly for off-market trades; they are not market prices. Stock lending, custody transfers and option exercises are excluded from net shares. Every row via /v1/companies/3962/trades.
5% filings
Large shareholding reports on 3962| Filed | Filer | Stake | Change | Stated purpose |
|---|---|---|---|---|
| 2025-01-08 | SBI Holdings, Inc. | 34.47% | +1.09pt | business alliance pure investment |
| 2024-08-20 | SBI Holdings, Inc. | 33.38% | +1.06pt | business alliance pure investment |
| 2024-04-10 | SBI Holdings, Inc. | 32.32% | +1.01pt | business alliance pure investment |
| 2024-03-25 | Asset Management One Co., Ltd. | 2.84% | −2.23pt | — |
| 2024-03-21 | SBI Holdings, Inc. | 31.31% | +1.24pt | business alliance pure investment |
| 2023-04-21 | Asset Management One Co., Ltd. | 5.07% | — | — |
| 2023-04-11 | individual filer | 3.07% | −2.36pt | — |
| 2023-04-07 | individual filer | 3.07% | −2.36pt | — |
| 2023-04-07 | individual filer | 3.07% | 0.00pt | — |
| 2023-03-14 | SBI Holdings, Inc. | 30.07% | +3.00pt | business alliance pure investment |
Cross-shareholdings
From the annual report's status of shareholdings- Listed strategic holdings
- 3 issues
- Book value
- ¥939m
- Sold in the year
- — — issues
- Bought in the year
- — — issues
- Mutual, both reports
- 0
- Held by listed cos.
- 0
| Holds | Book value | Shares vs. prior year | Mutual |
|---|---|---|---|
| PORT INC. 7047 | ¥589m | 0.0% | no |
| L is B Corp. 145A | ¥236m | 0.0% | no |
| Writeup Co.,Ltd. 6580 | ¥114m | 0.0% | no |
Purposes, all holdings and mutual flags via /v1/companies/3962/cross-holdings. Share changes include stock splits.
Major shareholders
As of fiscal year end 2026-03-31| Shareholder | Shares | Ratio |
|---|---|---|
| ＳＢＩホールディングス株式会社 | 25,813,200 | 37.09% |
| 日本マスタートラスト信託銀行株式会社（信託口） | 3,360,500 | 4.82% |
| individual holder | 2,840,000 | 4.08% |
| individual holder | 2,229,500 | 3.20% |
| individual holder | 1,262,000 | 1.81% |
| individual holder | 1,258,000 | 1.80% |
| individual holder | 1,208,000 | 1.73% |
| individual holder | 1,195,292 | 1.71% |
| 株式会社日本カストディ銀行（信託口） | 981,000 | 1.40% |
| individual holder | 908,000 | 1.30% |
U.S. funds holding 3962
SEC Form N-PORT, reports to 2026-07-3136 U.S. funds held 1,491,042 shares worth $8.7m.
| Fund | Shares | Value | % of fund | As of |
|---|---|---|---|---|
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VANGUARD STAR FUNDS | 472,189 | $2.8m | 0.000% | 2026-07-31 |
| VANGUARD DEVELOPED MARKETS INDEX FUND VANGUARD TAX-MANAGED FUNDS | 305,289 | $1.7m | 0.001% | 2026-06-30 |
| VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 113,000 | $0.7m | 0.005% | 2026-07-31 |
| Dimensional International Small Cap ETF Dimensional ETF Trust | 92,000 | $0.6m | 0.010% | 2026-07-31 |
| Schwab International Small-Cap Equity ETF SCHWAB STRATEGIC TRUST | 76,253 | $0.4m | 0.008% | 2026-05-31 |
Up to 25 funds per stock via the API.
Get this as JSON
GET /v1/companies/3962
GET /v1/companies/3962/financials
GET /v1/companies/3962/details
GET /v1/companies/3962/segments
GET /v1/companies/3962/voting
GET /v1/companies/3962/tender-offers
GET /v1/companies/3962/indicators
GET /v1/companies/3962/earnings-releases
GET /v1/events?ticker=3962
GET /v1/companies/3962/trades
GET /v1/companies/3962/cross-holdings
GET /v1/companies/3962/brief