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Change Holdings Inc

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3962:TYO

Change Holdings Inc

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TechnologyTechnology
  • Price (JPY)1,000.00
  • Today's Change-12.00 / -1.19%
  • Shares traded767.00k
  • 1 Year change-33.38%
  • Beta0.2841
Data delayed at least 15 minutes, as of Feb 13 2026 06:30 GMT.
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Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

Profile data is unavailable for this security.

About the company

Change Holdings Inc is a Japan-based holding company primarily engaged in the NEW- information technology (IT) transformation business and public tech business. The Company operates through two business segments. The NEW-IT Transformation Business segment is divided into the areas of resolving labor shortages and cybersecurity and provides solutions that bring about change to the business operations and business models of Japanese companies through new technologies and digital human resource development, improving productivity and added value, as well as internet security services. The Public Tech Business segment is divided into the regional revitalization and public digital transformation (DX) areas and provides platform business for hometown tax donations and solutions for government agencies.

  • Revenue in JPY (TTM)52.98bn
  • Net income in JPY6.15bn
  • Incorporated2003
  • Employees1.45k
  • Location
    Change Holdings Inc6F, TOKYU REIT Toranomon Bldg3-17-1, ToranomonMINATO-KU 105-0001JapanJPN
  • Phone+81 364357347
  • Fax+81 364357338
  • Websitehttps://www.changeholdings.co.jp/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
3962:TYO since
announced
Transaction
value
Wamazing Inc-Regional Tourism DX & Japan Visit Marketing Partner ProjectDeal completed01 Aug 202501 Aug 2025Deal completed-14.02%--
Perf IncDeal completed25 Feb 202525 Feb 2025Deal completed-23.78%--
Data delayed at least 15 minutes, as of Feb 13 2026 06:30 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Baudroie Inc15.55bn2.25bn55.79bn1.21k24.187.7722.143.5971.8571.85497.36223.411.34--8.12--19.3019.8626.8426.9335.1236.6114.4415.09--153.110.25790.0058.9334.4954.9845.2032.55--
Mamezo Co Ltd11.09bn1.60bn56.82bn813.0036.4017.5733.485.1297.2697.26674.74201.442.6984.397.4013,646,930.0038.85--54.66--33.99--14.42--2.73--0.0008--10.07--23.64------
I'LL INC19.81bn3.66bn58.07bn1.01k15.675.1114.252.93148.02148.02802.64453.791.3043.214.2219,632,060.0024.0720.4629.2726.0255.8153.2418.4614.524.63--0.0034.3210.208.7620.8124.01-3.3427.23
BrainPad Inc11.77bn800.50m59.99bn589.0071.859.9850.555.1037.4437.44554.49269.571.66237.278.7119,986,800.0011.3112.1813.6315.2146.5844.656.808.154.21--0.0013.1111.4712.2016.994.40-9.39--
JFE Systems Inc60.48bn4.90bn66.37bn1.90k13.531.928.401.10156.15156.151,925.451,101.041.19176.704.9431,813,680.0010.0010.6912.9714.7524.3122.978.397.973.80--0.0034.633.135.939.5411.34-2.1715.25
Software Service Inc42.30bn6.11bn68.33bn1.80k10.661.569.771.621,167.741,167.748,081.568,002.920.871411.215.8623,446,780.0012.5911.9615.5814.7426.7826.6214.4513.572.90--0.0014.2510.0815.5914.7121.09-20.6013.49
Computer Engineering & Consulting Ltd62.26bn4.36bn69.46bn2.27k14.341.5213.491.12137.76137.761,966.091,301.131.1728.546.1527,426,430.008.178.9210.3210.9526.4225.167.008.313.18--0.009138.195.811.62-11.052.115.326.58
Tsuzuki Denki Co Ltd100.29bn6.36bn70.88bn2.06k10.671.509.210.7068349.99349.995,522.132,491.211.3110.606.0748,661,330.008.474.9412.638.2324.1419.816.483.362.56--0.159833.98-21.30-4.76-13.028.59-9.7412.47
Japan Business Systems Inc193.35bn6.23bn72.89bn2.84k11.542.519.860.377130.61130.614,054.70600.702.59104.946.4468,103,910.008.376.3615.5110.149.7111.043.232.501.14103.960.438832.7822.5220.39271.8046.5454.93--
Change Holdings Inc52.98bn6.15bn73.85bn1.45k11.311.478.041.3988.4588.45761.37679.110.390644.041.0836,586,320.004.75--9.28--55.19--12.16--1.55--0.3553--25.32--74.15------
SRA Holdings Inc54.49bn3.53bn76.12bn1.39k17.901.9534.861.40279.01279.014,313.022,562.631.1012.346.7439,257,920.007.407.3710.2910.5424.9125.016.717.032.42--0.002149.009.533.41-26.33---14.1610.35
Northsand Inc-100.00bn-100.00bn76.59bn713.00--13.64----------81.41----------------------------0.1215--78.68--174.55------
Business Engineering Corp24.10bn4.53bn79.56bn719.0017.515.3014.703.3075.7375.73402.59250.251.30692.395.4533,517,420.0024.5417.3632.9725.8244.7337.4118.8111.903.04--0.0034.116.593.2226.8531.318.6734.76
Mitsubishi Research Institute Inc124.65bn8.03bn81.34bn4.70k9.941.096.540.6526509.82509.827,914.704,654.611.03200.232.6226,549,730.007.426.0510.838.9124.6622.507.215.902.63--0.012338.845.285.7127.64-2.0919.189.46
Techmatrix Corp69.14bn4.51bn83.47bn1.74k16.692.8310.861.21112.33112.331,720.95661.390.631574.3612.3539,779,890.004.555.4715.3014.3731.5734.037.217.431.23--0.117432.5721.7218.6414.7017.278.9117.78
Plus Alpha Consulting Co Ltd17.63bn3.65bn86.43bn469.0023.385.8730.224.9087.2387.23422.40347.101.11146.6010.4437,591,350.0023.0023.0527.5028.7271.5572.4620.7021.705.86--0.0025.4722.7829.305.3325.9919.57--
Data as of Feb 13 2026. Currency figures normalised to Change Holdings Inc's reporting currency: Japanese Yen JPY

Institutional shareholders

8.75%Per cent of shares held by top holders
HolderShares% Held
Nomura Asset Management Co., Ltd.as of 08 Jan 20261.21m1.63%
The Vanguard Group, Inc.as of 07 Jan 20261.20m1.62%
Asset Management One Co., Ltd.as of 08 Jan 2026827.90k1.12%
BlackRock Fund Advisorsas of 08 Jan 2026673.00k0.91%
Amova Asset Management Co., Ltd.as of 09 Jan 2026563.10k0.76%
Daiwa Asset Management Co. Ltd.as of 30 Dec 2025544.80k0.74%
Dimensional Fund Advisors LPas of 08 Jan 2026506.21k0.69%
BlackRock Advisors (UK) Ltd.as of 08 Jan 2026349.00k0.47%
Tokio Marine Asset Management Co., Ltd.as of 18 Jul 2025307.30k0.42%
Norges Bank Investment Managementas of 30 Jun 2025284.17k0.39%
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Data from 30 Jun 2025 - 31 Dec 2025Source: FactSet Research Systems Inc.
Data Provided by LSEG
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