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Enechange Ltd.
(4169)
Enechange Ltd. (4169) vs. iShares MSCI Japan ETF (EWJ)
Enechange Ltd. Business Overview & Revenue Model
Enechange Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.72B | 5.18B | 4.38B | 3.73B | 3.02B | 1.71B |
| Gross Profit | 8.36B | 4.09B | 3.35B | 2.94B | 2.58B | 1.32B |
| EBITDA | -2.24B | -2.72B | -4.69B | -1.09B | 80.50M | 41.35M |
| Net Income | -3.02B | -3.36B | -4.99B | -1.32B | -85.59M | -16.74M |
Balance Sheet | ||||||
| Total Assets | 6.40B | 9.01B | 5.56B | 6.76B | 6.95B | 1.97B |
| Cash, Cash Equivalents and Short-Term Investments | 3.96B | 2.44B | 2.18B | 3.07B | 5.57B | 1.33B |
| Total Debt | 719.85M | 6.43B | 3.73B | 1.98B | 1.01B | 759.90M |
| Total Liabilities | 1.96B | 9.94B | 7.04B | 3.26B | 2.14B | 1.11B |
| Stockholders Equity | 4.44B | -929.00M | -1.48B | 3.50B | 4.81B | 852.47M |
Cash Flow | ||||||
| Free Cash Flow | -4.37B | -4.37B | -2.44B | -2.23B | 405.51M | 63.21M |
| Operating Cash Flow | 220.93M | 220.93M | -1.62B | -1.91B | 481.69M | 139.54M |
| Investing Cash Flow | -3.40B | -3.40B | -931.24M | -1.55B | -552.95M | -294.70M |
| Financing Cash Flow | 5.28B | 5.28B | 1.65B | 958.45M | 4.30B | 1.29B |
Enechange Ltd. Technical Analysis
Enechange Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ¥12.63B | 104.78 | ― | ― | 28.99% | -16.50% | |
62 Neutral | ¥3.34B | 17.26 | ― | 3.82% | 42.88% | -5.21% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | ¥18.31B | 8.29 | ― | 0.30% | -40.21% | -54.31% | |
44 Neutral | ¥12.13B | -12.35 | ― | ― | 38.13% | -281.13% | |
41 Neutral | ¥13.38B | 58.59 | ― | ― | 14.25% | ― |
Enechange Ltd. Corporate Events
ENECHANGE Ltd. has recently relocated its head office to Toranomon, Minato-ku, to support its medium-term management plan, ENECHANGE 2.0, aiming to improve communication, reduce costs, and accommodate future growth. The company has also enhanced its EV charging port database, improving location accuracy for drivers, and partnered with Tokyu Livable to promote its energy switching services to rental tenants, facilitating easier energy selection during relocations. Additionally, the anticipated increase in power demand from data centers presents opportunities for ENECHANGE’s renewable energy solutions, aligning with the industry’s move towards carbon neutrality.
ENECHANGE Ltd. reported a significant increase in adjusted EBITDA for FY25 Q1, driven by the completion of major projects in SaaS & System Development and effective cost control. The company anticipates seasonal variations in electricity usage and remains committed to achieving its revised financial outlook. The rise in corporate clients using energy switching services is attributed to diverse options and tools like ‘ENECHANGE My Energy,’ alongside increased electricity usage and prices. The company has also launched electricity procurement support services, including non-fossil certificate matching and power brokerage, contributing to its revenue growth.
Enechange Ltd. reported its consolidated financial results for the first quarter ended June 30, 2025, showing a revenue of 1,546 million yen. Despite an operating profit of 198 million yen, the company faced a loss attributable to owners of the parent amounting to 169 million yen. The financial position remains strong with an equity-to-asset ratio of 69.1%. The company has revised its earnings forecast for the fiscal year ending March 31, 2026, indicating a positive outlook with expected revenue of 6,000 million yen and an adjusted EBITDA of 350 million yen.
ENECHANGE Ltd. has announced a strategic financial maneuver to improve its financial flexibility and stability by reallocating its surplus. The company will offset a deficit in retained earnings by transferring a significant amount from its other capital surplus, a move that will not impact its net assets or net income, thereby maintaining its financial health without affecting shareholder equity.
ENECHANGE Ltd. announced a revision in the allocation of funds initially raised for its EV charging business. The company will now direct a portion of these funds towards the construction, management, and optimization of next-generation energy infrastructure, including V2X technologies. This change aligns with their strategic focus on enhancing distributed energy resources and forming synergies with their joint venture partner, CHUBU Electric Power Miraiz Company. The impact of this modification on the company’s financial results is expected to be minor, but it signifies a strategic shift towards future growth in the energy infrastructure sector.
ENECHANGE Ltd. has announced an upward revision of its consolidated financial results forecast for the fiscal year 2025, driven by better-than-expected business performance and reduced headquarters expenses. This revision reflects a significant increase in Adjusted EBITDA, indicating strong operational progress and a positive outlook for stakeholders.
ENECHANGE Ltd. announced its FY25 Q1 financial results, highlighting the recording of non-operating expenses amounting to 397 million JPY, primarily due to an equity method investment loss in its affiliated companies. Additionally, the company reported an extraordinary profit of 29 million JPY, mainly from insurance proceeds related to internal investigation and improvement report expenses.