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Change Inc.

¥994 -$6.00 (-0.60%)

JPX · 15 Sep 2026 06:30 UTC

Previous Close

¥990

Day Range

¥983¥995

Year Range

¥888¥1210

Market Cap

69.16B

AVG Volume

274.8K

Trailing/Forward PE

10.53/-

PEG ratio

-3

Dividend Yield

2.31%

Next Earnings Date

2026-11-18

Primary Exchange

Tokyo Stock Exchange

Revenue (JPY)

3962.T Revenue (JPY) by year
Period	Revenue (JPY)
2025	52.83B
2024	46.39B
2023	37.01B
2022	20.02B
2021	20.28B
2020	10.54B
2019	9.1B
2018	5.11B
2017	2.21B

Net Income (JPY)

3962.T Net Income (JPY) by year
Period	Net Income (JPY)
2025	6.94B
2024	7.48B
2023	4.29B
2022	3.85B
2021	6.19B
2020	7.22B
2019	1.53B
2018	364.99M
2017	264.05M

Operating Income (JPY)

3962.T Operating Income (JPY) by year
Period	Operating Income (JPY)
2025	11.07B
2024	12.54B
2023	10.88B
2022	5.35B
2021	9.29B
2020	4.2B
2019	3.28B
2018	864.58M
2017	376.06M

EBITDA (JPY)

3962.T EBITDA (JPY) by year
Period	EBITDA (JPY)
2025	13.71B
2024	15.01B
2023	12.61B
2022	6.36B
2021	9.86B
2020	12.08B
2019	3.88B
2018	1.09B
2017	396.1M

Cash Flows (JPY)

3962.T Cash Flows (JPY) by year
Period	Cash Flows (JPY)
2025	6.88B
2024	7.65B
2023	11.1B
2022	-3.06B
2021	3.56B
2020	4.49B
2019	3.22B
2018	0

EPS (JPY)

3962.T EPS (JPY) by year
Period	EPS (JPY)
2025	99.69
2024	105.36
2023	57.75
2022	52.27
2021	84.07
2020	101.5
2019	8.64
2018	6.3
2017	4.57

Expenses (JPY)

3962.T Expenses (JPY) by year
Period	Expenses (JPY)
2025	18.14B
2024	13.53B
2023	13.26B
2022	9.42B
2021	7.25B
2020	3.95B
2019	2.95B
2018	2.1B
2017	481.78M

Cash & Debt (JPY)

3962.T Cash & Debt (JPY) by year
Period	Cash & Debt (JPY)
2025	26.18B
2024	30.18B
2023	38.4B
2022	25.1B
2021	31.79B
2020	25.83B
2019	6.8B
2018	2.28B
2017	716.8M

Debt ratios

3962.T Debt ratios by year
Period	Debt ratios
2025	0.06
2024	0.1
2023	-0.35
2022	-0.67
2021	-1.12
2020	-1.39

Margins

3962.T Margins by year
Period	Margins
2025	54.58%
2024	55.81%
2023	62.25%
2022	62.55%
2021	78.64%
2020	74.25%
2019	69.59%
2018	58.03%
2017	38.87%

Return on Capital

3962.T Return on Capital by year
Period	Return on Capital
2025	12.66%
2024	15.06%
2023	8.6%
2022	9.79%
2021	17.42%
2020	24.66%
2019	19.2%
2018	15.82%
2017	21.3%

Shares Outstanding

3962.T Shares Outstanding by year
Period	Shares Outstanding
2025	69.58M
2024	69.58M
2023	72.36M
2022	72.34M
2021	72.34M
2020	67.36M
2019	63.01M
2018	55.52M
2017	53.73M

Dividends (JPY)

3962.T Dividends (JPY) by year
Period	Dividends (JPY)
2027	26
2026	23
2025	20.9
2024	18.7
2023	10
2022	4.5

Book Value Per Share (JPY)

3962.T Book Value Per Share (JPY) by year
Period	Book Value Per Share (JPY)
2025	787.35
2024	713.91
2023	689.97
2022	543.66
2021	490.85
2020	434.92
2019	126.39
2018	41.56
2017	23.07

Total Assets (JPY)

3962.T Total Assets (JPY) by year
Period	Total Assets (JPY)
2025	105.61B
2024	104.79B
2023	93.83B
2022	52.94B
2021	42.73B
2020	37.29B
2019	13.5B
2018	8.52B
2017	1.81B

PE Ratio

3962.T PE Ratio by year
Period	PE Ratio
Sep 26	9.93
Sep 26	9.6
Sep 26	10.23
Aug 26	10.31
Aug 26	10.13
Aug 26	9.63
Aug 26	9.55
Jul 26	9.63
Jul 26	9.18
Jul 26	9.77
Jul 26	9.36
Jul 26	9.17
Jun 26	10.59
Jun 26	10.47
Jun 26	10.49
Jun 26	10.35
May 26	10.56
May 26	11.09
May 26	10.47
May 26	10.41
May 26	10.16
Apr 26	10.15
Apr 26	10.55
Apr 26	10.6
Apr 26	10.6
Mar 26	9.41
Mar 26	9.39
Mar 26	9.24
Mar 26	9.61
Feb 26	9.98
Feb 26	9.38
Feb 26	9.99
Feb 26	10.19
Jan 26	10.49
Jan 26	10.94
Jan 26	10.55
Jan 26	10.17
Dec 25	9.89
Dec 25	10.56
Dec 25	10.58
Dec 25	10.43
Dec 25	10.73
Nov 25	11.97
Nov 25	11.69
Nov 25	11.18
Nov 25	11.54
Oct 25	12
Oct 25	12.5
Oct 25	11.68
Oct 25	11.94
Oct 25	12.05
Sep 25	10.88
Sep 25	10.76
Sep 25	10.47
Sep 25	10.42
Aug 25	11.01
Aug 25	11.17
Aug 25	11.55
Aug 25	10.82
Aug 25	10.94
Jul 25	10.67
Jul 25	10.69
Jul 25	10.55
Jul 25	10.32
Jun 25	14.53
Jun 25	14.89
Jun 25	14.63
Jun 25	14.84
May 25	15.04
May 25	15.11
May 25	15.77
May 25	17.21
May 25	16.36
Apr 25	16.89
Apr 25	16.17
Apr 25	15.19
Apr 25	14.71
Mar 25	28.79
Mar 25	30.69
Mar 25	29.4
Mar 25	26.92
Feb 25	26.69
Feb 25	28.19
Feb 25	29.85
Feb 25	31.22
Jan 25	31.57
Jan 25	30.41
Jan 25	29.1
Jan 25	30
Dec 24	25.7
Dec 24	17.94
Dec 24	18.51
Dec 24	19.55
Dec 24	17.97
Nov 24	19.91
Nov 24	19.65
Nov 24	19.57
Nov 24	19.11
Nov 24	18.31
Oct 24	17.19

Free Cash Flow Yield

3962.T Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	9.98%
Sep 26	10.33%
Sep 26	9.69%
Aug 26	9.61%
Aug 26	9.78%
Aug 26	10.29%
Aug 26	10.38%
Jul 26	10.29%
Jul 26	10.8%
Jul 26	10.15%
Jul 26	10.59%
Jul 26	10.81%
Jun 26	19.07%
Jun 26	19.3%
Jun 26	19.26%
Jun 26	19.51%
May 26	19.14%
May 26	18.22%
May 26	19.3%
May 26	19.41%
May 26	19.88%
Apr 26	19.9%
Apr 26	19.16%
Apr 26	19.05%
Apr 26	19.05%
Mar 26	13.48%
Mar 26	13.51%
Mar 26	13.73%
Mar 26	13.2%
Feb 26	12.71%
Feb 26	13.53%
Feb 26	12.7%
Feb 26	12.45%
Jan 26	12.09%
Jan 26	11.59%
Jan 26	12.02%
Jan 26	12.48%
Dec 25	12.83%
Dec 25	13.15%
Dec 25	13.13%
Dec 25	13.31%
Dec 25	12.95%
Nov 25	11.6%
Nov 25	11.88%
Nov 25	12.42%
Nov 25	12.03%
Oct 25	11.57%
Oct 25	11.11%
Oct 25	11.89%
Oct 25	11.64%
Oct 25	11.52%
Sep 25	9.4%
Sep 25	9.51%
Sep 25	9.77%
Sep 25	9.81%
Aug 25	9.29%
Aug 25	9.16%
Aug 25	8.85%
Aug 25	9.46%
Aug 25	9.35%
Jul 25	9.59%
Jul 25	9.56%
Jul 25	9.69%
Jul 25	9.91%
Jun 25	7.51%
Jun 25	7.33%
Jun 25	7.46%
Jun 25	7.36%
May 25	7.26%
May 25	7.22%
May 25	6.92%
May 25	6.34%
May 25	6.67%
Apr 25	6.46%
Apr 25	6.75%
Apr 25	7.19%
Apr 25	7.42%
Mar 25	9.07%
Mar 25	8.51%
Mar 25	8.88%
Mar 25	9.7%
Feb 25	9.79%
Feb 25	9.26%
Feb 25	8.75%
Feb 25	8.37%
Jan 25	8.27%
Jan 25	8.59%
Jan 25	8.98%
Jan 25	8.71%
Dec 24	10.16%
Dec 24	9.79%
Dec 24	9.48%
Dec 24	8.98%
Dec 24	9.77%
Nov 24	8.82%
Nov 24	8.93%
Nov 24	8.97%
Nov 24	9.19%
Nov 24	9.59%
Oct 24	10.21%

Price to Sales

3962.T Price to Sales by year
Period	Price to Sales
Sep 26	1.3
Sep 26	1.26
Sep 26	1.34
Aug 26	1.35
Aug 26	1.33
Aug 26	1.26
Aug 26	1.25
Jul 26	1.26
Jul 26	1.21
Jul 26	1.28
Jul 26	1.23
Jul 26	1.2
Jun 26	1.23
Jun 26	1.22
Jun 26	1.22
Jun 26	1.2
May 26	1.23
May 26	1.29
May 26	1.22
May 26	1.21
May 26	1.18
Apr 26	1.18
Apr 26	1.23
Apr 26	1.23
Apr 26	1.23
Mar 26	1.26
Mar 26	1.25
Mar 26	1.23
Mar 26	1.28
Feb 26	1.33
Feb 26	1.25
Feb 26	1.33
Feb 26	1.36
Jan 26	1.4
Jan 26	1.46
Jan 26	1.41
Jan 26	1.36
Dec 25	1.32
Dec 25	1.44
Dec 25	1.44
Dec 25	1.42
Dec 25	1.46
Nov 25	1.63
Nov 25	1.59
Nov 25	1.52
Nov 25	1.57
Oct 25	1.64
Oct 25	1.7
Oct 25	1.59
Oct 25	1.63
Oct 25	1.64
Sep 25	1.75
Sep 25	1.74
Sep 25	1.69
Sep 25	1.68
Aug 25	1.78
Aug 25	1.8
Aug 25	1.86
Aug 25	1.74
Aug 25	1.76
Jul 25	1.72
Jul 25	1.72
Jul 25	1.7
Jul 25	1.66
Jun 25	1.86
Jun 25	1.9
Jun 25	1.87
Jun 25	1.9
May 25	1.92
May 25	1.93
May 25	2.02
May 25	2.2
May 25	2.09
Apr 25	2.16
Apr 25	2.07
Apr 25	1.94
Apr 25	1.88
Mar 25	2.4
Mar 25	2.56
Mar 25	2.45
Mar 25	2.24
Feb 25	2.22
Feb 25	2.35
Feb 25	2.49
Feb 25	2.6
Jan 25	2.63
Jan 25	2.53
Jan 25	2.42
Jan 25	2.5
Dec 24	2.14
Dec 24	2.16
Dec 24	2.23
Dec 24	2.36
Dec 24	2.16
Nov 24	2.4
Nov 24	2.37
Nov 24	2.36
Nov 24	2.3
Nov 24	2.21
Oct 24	2.07

EV/EBITDA

3962.T EV/EBITDA by year
Period	EV/EBITDA
Sep 26	5.24
Sep 26	5.07
Sep 26	5.39
Aug 26	5.43
Aug 26	5.34
Aug 26	5.08
Aug 26	5.04
Jul 26	5.08
Jul 26	4.86
Jul 26	5.16
Jul 26	4.95
Jul 26	4.85
Jun 26	4.83
Jun 26	4.77
Jun 26	4.78
Jun 26	4.73
May 26	4.81
May 26	5.04
May 26	4.77
May 26	4.75
May 26	4.64
Apr 26	4.64
Apr 26	4.81
Apr 26	4.83
Apr 26	4.83
Mar 26	4.66
Mar 26	4.65
Mar 26	4.58
Mar 26	4.75
Feb 26	4.92
Feb 26	4.65
Feb 26	4.92
Feb 26	5.01
Jan 26	5.15
Jan 26	5.35
Jan 26	5.18
Jan 26	5
Dec 25	4.88
Dec 25	5
Dec 25	5.01
Dec 25	4.94
Dec 25	5.08
Nov 25	5.62
Nov 25	5.5
Nov 25	5.28
Nov 25	5.44
Oct 25	5.64
Oct 25	5.86
Oct 25	5.5
Oct 25	5.61
Oct 25	5.66
Sep 25	5.71
Sep 25	5.65
Sep 25	5.51
Sep 25	5.48
Aug 25	5.77
Aug 25	5.85
Aug 25	6.04
Aug 25	5.68
Aug 25	5.74
Jul 25	5.6
Jul 25	5.62
Jul 25	5.55
Jul 25	5.43
Jun 25	6.41
Jun 25	6.55
Jun 25	6.45
Jun 25	6.53
May 25	6.6
May 25	6.63
May 25	6.89
May 25	7.44
May 25	7.11
Apr 25	7.32
Apr 25	7.04
Apr 25	6.66
Apr 25	6.48
Mar 25	8.27
Mar 25	8.83
Mar 25	8.45
Mar 25	7.72
Feb 25	7.66
Feb 25	8.1
Feb 25	8.58
Feb 25	8.98
Jan 25	9.09
Jan 25	8.75
Jan 25	8.36
Jan 25	8.63
Dec 24	7.37
Dec 24	6.3
Dec 24	6.52
Dec 24	6.9
Dec 24	6.31
Nov 24	7.04
Nov 24	6.94
Nov 24	6.91
Nov 24	6.74
Nov 24	6.44
Oct 24	6.03

Price/Operating Cashflow

3962.T Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	9.5
Sep 26	9.18
Sep 26	9.78
Aug 26	9.86
Aug 26	9.69
Aug 26	9.21
Aug 26	9.13
Jul 26	9.21
Jul 26	8.78
Jul 26	9.34
Jul 26	8.95
Jul 26	8.77
Jun 26	5.17
Jun 26	5.11
Jun 26	5.12
Jun 26	5.05
May 26	5.15
May 26	5.41
May 26	5.11
May 26	5.08
May 26	4.96
Apr 26	4.95
Apr 26	5.15
Apr 26	5.17
Apr 26	5.17
Mar 26	7.27
Mar 26	7.26
Mar 26	7.14
Mar 26	7.43
Feb 26	7.71
Feb 26	7.25
Feb 26	7.72
Feb 26	7.87
Jan 26	8.11
Jan 26	8.46
Jan 26	8.16
Jan 26	7.86
Dec 25	7.64
Dec 25	7.46
Dec 25	7.47
Dec 25	7.37
Dec 25	7.58
Nov 25	8.45
Nov 25	8.26
Nov 25	7.9
Nov 25	8.15
Oct 25	8.47
Oct 25	8.83
Oct 25	8.25
Oct 25	8.43
Oct 25	8.51
Sep 25	10.39
Sep 25	10.27
Sep 25	10
Sep 25	9.95
Aug 25	10.51
Aug 25	10.66
Aug 25	11.03
Aug 25	10.33
Aug 25	10.44
Jul 25	10.18
Jul 25	10.21
Jul 25	10.08
Jul 25	9.86
Jun 25	13.19
Jun 25	13.51
Jun 25	13.28
Jun 25	13.46
May 25	13.65
May 25	13.71
May 25	14.31
May 25	15.61
May 25	14.85
Apr 25	15.33
Apr 25	14.68
Apr 25	13.78
Apr 25	13.35
Mar 25	10.1
Mar 25	10.77
Mar 25	10.32
Mar 25	9.45
Feb 25	9.37
Feb 25	9.89
Feb 25	10.47
Feb 25	10.96
Jan 25	11.08
Jan 25	10.67
Jan 25	10.21
Jan 25	10.53
Dec 24	9.02
Dec 24	9.1
Dec 24	9.39
Dec 24	9.91
Dec 24	9.11
Nov 24	10.09
Nov 24	9.97
Nov 24	9.92
Nov 24	9.69
Nov 24	9.28
Oct 24	8.72

Price to Book

3962.T Price to Book by year
Period	Price to Book
Sep 26	1.26
Sep 26	1.22
Sep 26	1.3
Aug 26	1.31
Aug 26	1.28
Aug 26	1.22
Aug 26	1.21
Jul 26	1.22
Jul 26	1.16
Jul 26	1.24
Jul 26	1.18
Jul 26	1.16
Jun 26	1.18
Jun 26	1.17
Jun 26	1.17
Jun 26	1.16
May 26	1.18
May 26	1.24
May 26	1.17
May 26	1.16
May 26	1.13
Apr 26	1.13
Apr 26	1.18
Apr 26	1.18
Apr 26	1.18
Mar 26	1.3
Mar 26	1.29
Mar 26	1.27
Mar 26	1.32
Feb 26	1.37
Feb 26	1.29
Feb 26	1.38
Feb 26	1.4
Jan 26	1.45
Jan 26	1.51
Jan 26	1.45
Jan 26	1.4
Dec 25	1.36
Dec 25	1.4
Dec 25	1.4
Dec 25	1.38
Dec 25	1.42
Nov 25	1.59
Nov 25	1.55
Nov 25	1.48
Nov 25	1.53
Oct 25	1.59
Oct 25	1.66
Oct 25	1.55
Oct 25	1.58
Oct 25	1.6
Sep 25	1.64
Sep 25	1.62
Sep 25	1.58
Sep 25	1.57
Aug 25	1.66
Aug 25	1.68
Aug 25	1.74
Aug 25	1.63
Aug 25	1.65
Jul 25	1.61
Jul 25	1.61
Jul 25	1.59
Jul 25	1.55
Jun 25	1.6
Jun 25	1.64
Jun 25	1.61
Jun 25	1.63
May 25	1.66
May 25	1.67
May 25	1.74
May 25	1.9
May 25	1.8
Apr 25	1.86
Apr 25	1.78
Apr 25	1.67
Apr 25	1.62
Mar 25	2.12
Mar 25	2.26
Mar 25	2.16
Mar 25	1.98
Feb 25	1.96
Feb 25	2.07
Feb 25	2.2
Feb 25	2.3
Jan 25	2.32
Jan 25	2.24
Jan 25	2.14
Jan 25	2.21
Dec 24	1.89
Dec 24	2.05
Dec 24	2.12
Dec 24	2.24
Dec 24	2.06
Nov 24	2.28
Nov 24	2.25
Nov 24	2.24
Nov 24	2.19
Nov 24	2.1
Oct 24	1.97

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