diff --git a/CHANGELOG.md b/CHANGELOG.md
index 401aa3f..b3929ef 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+### [3.1.2](https://github.com/webpack/schema-utils/compare/v3.1.1...v3.1.2) (2023-04-15)
+
+
+### Bug Fixes
+
+* **perf:** reduced initial start time ([#170](https://github.com/webpack/schema-utils/issues/170)) ([8d052e6](https://github.com/webpack/schema-utils/commit/8d052e6764dc9247e7d5b7b1ae8f87ca5047b2b0))
+
 ### [3.1.1](https://github.com/webpack/schema-utils/compare/v3.1.0...v3.1.1) (2021-07-19)
 
 
diff --git a/package-lock.json b/package-lock.json
index 54d69f3..bcfc0cb 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,11 +1,11 @@
 {
   "name": "schema-utils",
-  "version": "3.1.1",
+  "version": "3.1.2",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
-      "version": "3.1.0",
+      "version": "3.1.2",
       "license": "MIT",
       "dependencies": {
         "@types/json-schema": "^7.0.8",
diff --git a/package.json b/package.json
index 912eaba..85bf3eb 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "schema-utils",
-  "version": "3.1.1",
+  "version": "3.1.2",
   "description": "webpack Validation Utils",
   "license": "MIT",
   "repository": "webpack/schema-utils",