Company SHIFT Inc.

3697

JP3355400007

IT Services & Consulting

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-25 am EDT			5-day change	1st Jan Change
14,835 ^JPY	-6.14%		-9.27%	-58.58%

2023	SHIFT Inc. agreed to acquire Clubnets Corporation from TommyG LLC and Hitoshi Tomiyasu for ¥5.8 billion.	CI
2023	SHIFT Inc. agreed to acquire Infinic Co., Ltd. from Kohei Asada for ¥560 million	CI

Business Summary

SHIFT Inc. is a Japan-based company mainly engaged in the provision of software test services. The Company operates through two business segments. The Enterprise Market segment is engaged in the provision of general service related to quality assurance of software in business systems and information systems for companies of financial industry, distribution industry, manufacturing industry, communication industry and Web services industry. The Entertainment Market segment is engaged in the provision of general services related to quality assurance of software for enterprises providing mobile games, social games, consumer games and other entertainment products.

Number of employees: 8,423

Sales per Business

JPY in Million	2022	Weight	2023	Weight	Delta
Software Testing 66.1 %	-	-	58,173	66.1 %	-
Software Development 27.7 %	-	-	24,388	27.7 %	-
Other Nearby Service 6.2 %	-	-	5,467	6.2 %	-

Sales per region

JPY in Million	2022	Weight	2023	Weight	Delta
Japan 100.0 %	64,873	100.0 %	88,030	100.0 %	+35.70%

Managers

Managers	Title	Age	Since
Masaru Tange FOU	Founder	49	05-09-06
Taichi Hattori DFI	Director of Finance/CFO	49	21-06-30
Motoya Kobayashi BRD	Director/Board Member	45	07-03-31
Michio Sasaki BRD	Director/Board Member	67	18-10-31
Yosuke Sugahara HRO	Human Resources Officer	-	07-12-31
Shigeki Komiyama SAM	Sales & Marketing	65	18-06-30
Tsuyoshi Kimura SAM	Sales & Marketing	57	22-01-10

Members of the board

Members of the board	Title	Age	Since
Michio Sasaki BRD	Director/Board Member	67	18-10-31
Kenji Chishiki BRD	Director/Board Member	61	18-10-31
Tetsujiro Nakagaki BRD	Director/Board Member	51	14-10-31
Masaru Tange FOU	Founder	49	05-09-06
Motoya Kobayashi BRD	Director/Board Member	45	07-03-31
Fumiko Motoya BRD	Director/Board Member	76	20-10-31
Takafumi Murakami BRD	Director/Board Member	45	20-11-24
Taichi Hattori DFI	Director of Finance/CFO	49	21-06-30
Yusuke Arai BRD	Director/Board Member	49	21-10-31
Ahmed Yousuf Jamjoom BRD	Director/Board Member	39	16-12-31

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	0	17,827,378	11,319,431 ( 63.49 %)	227,584 ( 1.277 %)	63.49 %

Shareholders

Name	Equities	%	Valuation
Masaru Tange 34.09 %	6,076,800	34.09 %	952 M ¥
Capital Research & Management Co. (World Investors) 7.138 %	1,272,400	7.138 %	199 M ¥
Goldman Sachs Asset Management Co., Ltd. (Japan) 4.516 %	805,098	4.516 %	126 M ¥
Goldman Sachs Asset Management International 3.791 %	675,900	3.791 %	106 M ¥
Nikko Asset Management Co., Ltd. 1.672 %	298,000	1.672 %	47 M ¥
Shift Employee Incentive Plan 1.273 %	227,000	1.273 %	36 M ¥
RBC Global Asset Management (Asia) Ltd. 0.9768 %	174,135	0.9768 %	27 M ¥
Motoya Kobayashi 0.8526 %	152,000	0.8526 %	24 M ¥
DAI-ICHI LIFE HOLDINGS, INC. 0.8022 %	143,000	0.8022 %	22 M ¥
SBI Asset Management Co., Ltd. 0.6911 %	123,200	0.6911 %	19 M ¥

Holdings

Name	Equities	%	Valuation
CAC HOLDINGS CORPORATION 5.00%	1,027,000	5.00%	13,334,137 $
GURUNAVI, INC. 3.97%	2,257,300	3.97%	4,593,809 $
CAREER DESIGN CENTER CO., LTD. 5.00%	352,700	5.00%	4,206,438 $
MRSO INC. 3.74%	132,700	3.74%	1,487,060 $
QUICK CO.,LTD. 0.10%	20,000	0.10%	315,174 $
SHIFT INC. 0.00%	500	0.00%	78,347 $