CHANGE Holdings,Inc. Provides Earnings Guidance for the Second Quarter and Full Year of the Fiscal Year Ending March 31, 2025
May 15, 2024 at 02:00 am EDT
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CHANGE Holdings,Inc. provided earnings guidance for the second quarter (cumulative) and full year of the fiscal year ending March 31, 2025. For the quarter (cumulative), the company expects net sales to be JPY 16,500 million, Operating profit to be JPY 2,000 million, Profit attributable to owners of the parent to be JPY 963 million, profit to be JPY 1,268 million and basic profit per share to be JPY 13.31.
For the full year, company expects net sales to be JPY 45,000 million, Operating profit to be JPY 13,000 million, Profit attributable to owners of the parent to be JPY 8,069 million, profit to be JPY 8,792 million and basic profit per share to be JPY 111.52.
Change Holdings Inc, formerly Change Inc, is a holding company primarily engaged in the NEW- information technology (IT) transformation business, investment business, and public tech business. The Company operates its business through three segments. The NEW-IT Transformation segment provides services that transform the operations and business models of Japanese companies through the development of new technologies and digital human resources to increase productivity and added value. The Investment segment mainly invests in so-called rater stage companies that are preparing for initial public offerings (IPOs) and in listed companies that are expected to continue to achieve high growth. The Public Tech segment provides hometown tax payment platform business and technology services for public agencies.