Change Holdings Maintains Independence Despite Capital Tie-Up with SBI Group

TOKYO, Jun 26 (Pulse News Wire) – Change Holdings,inc. (3962.T) disclosed that despite entering into a capital and business alliance with SBI Holdings Co., Ltd.

Since March 2022, the company maintains significant independence in its operations and decision-making processes. As of March 31, 2026, SBI Holdings holds a combined direct and indirect stake of 37.12%, making it a related party but not a controlling shareholder. The company’s mission is to transform productivity through initiatives aimed at sustainable development in Japan's declining population regions, leveraging technology as a core competency.

By collaborating closely with SBI Group in areas such as digital transformation (DX), mergers and acquisitions (M&A), and regional revitalization projects, CHANGE Holdings seeks to enhance local economies without compromising its autonomy. Notably, while CEO and President Fukuuchi Daishi serves concurrently as president of SBI Regional Revitalization Saabishiizu Kabushiki Kaisha and a director at SBI Regional Revitalization Kurieitaazu Kabushiki Kaisha, there is no interference from SBI Holdings in CHANGE Holdings' board resolutions or operational decisions. This arrangement ensures CHANGE Holdings retains its independent stance within the broader SBI ecosystem.