Change Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2019
February 14, 2019 at 01:00 am EST
Share
Change Inc. reported consolidated earnings results for the first quarter ended December 31, 2018. For the quarter, the company reported net sales were JPY 2,035 million. Operating income was JPY 439 million. Ordinary income was JPY 312 million. Net income attributable to owners of parent was JPY 54 million. Basic net income per share was JPY 4.04 and diluted net income per share was JPY 3.79.
For the fiscal year ending September 30, 2019, the company expects net sales of JPY 7,488 million, operating income of JPY 1,448 million, ordinary profit of JPY 1,323 million, and net income attributable to owners of parent of JPY 515 million or JPY 37.68 per share.
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.
Change Inc. Reports Consolidated Earnings Results for the First Quarter Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Fiscal Year Ending September 30, 2019
CHANGE HOLDINGS,INC. 
