SHIFT, Inc.

SHIFT, Inc.

6.45
EUR
+0.60
(+10.26%)
Jan 08Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.64
11.41
15.7
25.54
37.83
59.04
87.93
121.32
177.04
245.87
333.15
419.18
492.98
- -
Basic EPS, GAAP
-0.54
0.79
0.93
1.43
0.97
1.7
4.37
6.97
10.85
18.85
23.63
19.43
33.93
- -
Free Cash Flow per Basic Share
-0.76
0.4
0.99
0.06
1.19
4.83
3.84
7.47
16.63
25.11
34.03
12.8
53.82
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
4.79
5.6
6.9
8.07
8.91
10.63
36.79
44.11
85.19
97.01
110.42
128.88
155.86
150.9
Tangible Book Value per Share
4.46
5.28
6.44
6.59
4.94
6.91
29.77
27.48
56.86
68.78
70.88
76.34
109.57
105.24
Basic Weighted Avg Shares
172
189
209
216
216
217
222
237
260
264
264
264
263
263
Sales/Revenue/Turnover
1,312
2,151
3,289
5,512
8,174
12,793
19,532
28,712
46,005
64,873
88,030
110,627
129,819
- -
Operating Margin (%)
28.93
32.13
9.71
31.85
28.39
30.72
32.08
31.49
31.79
10.66
34.39
32.05
12.04
- -
Depreciation Expense
38
41
53
92
172
212
325
593
1,204
1,456
1,720
2,886
3,239
- -
Net Income, GAAP
-93
150
195
308
209
368
970
1,649
2,819
4,974
6,245
5,127
8,935
- -
Effective Tax Rate (%)
- -
29.33
39.02
38.27
40.97
47.61
31.83
30.62
37.75
31.57
36.12
41.92
34.15
- -
Profit Margin (%)
-7.08
6.96
5.94
5.58
2.55
2.88
4.97
5.74
6.13
7.67
7.09
4.63
6.88
- -
Working Capital
772
771
1,110
1,682
1,904
2,039
8,242
5,987
12,709
10,697
12,194
17,369
18,095
14,164
LT Debt
54
13
3
502
1,654
1,304
2,104
3,575
2,672
2,306
1,367
6,671
8,504
6,653
Total Equity
903
1,056
1,516
1,828
2,118
2,506
8,938
10,781
22,684
26,003
29,574
34,519
41,035
38,572
Return on Invested Capital (%)
- -
8.12
13.91
14.98
6.7
14.39
12.32
11.11
10.79
15.21
20.23
13.84
19.09
- -
Return on Capital (%)
- -
14.64
15.2
13.82
4.86
7.32
11.14
11.42
13.39
17.19
18.8
12.83
18.41
- -
Return on Common Equity (%)
- -
15.27
15.34
19.04
11.38
17.4
17.72
17.21
17.13
20.71
22.81
16.23
23.8
- -

Capital Structure

JPY

•

in mil. unless spec.
Aug'25
Nov'26
Feb'26
ST Debt
3,532
- -
13,405
LT Borrowings
8,504
- -
6,653
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
263
263
256
Market Capitalization
- -
- -
- -

Working Capital

JPY

•

in mil. unless spec.
Aug'25
Nov'26
Feb'26
Total Current Assets
43,123
- -
46,993
Cash, Cash Equivalents & STI
23,726
- -
24,440
Accounts Receivable, Net
15,400
- -
17,266
Inventories
1,626
- -
2,733
Total Current Liabilities
25,028
- -
32,829
Payables & Accruals
- -
- -
- -
ST Debt
3,532
- -
13,405
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
50.64%
34.87%
18.88%
Free Cash Flow
272.17%
98.18%
319.72%
Net Income, GAAP
56.46%
45.87%
74.27%
Sales/Revenue/Turnover
45.2%
35.99%
17.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25,073
27,232
28,838
29,484
110,627
2025
- -
- -
- -
- -
129,819
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4.15
7.13
1.2
6.94
19.43
2025
- -
- -
- -
- -
33.93
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Masaru Tange
Full Time Employees
11,688
Sector
Technology services
Industry
Information technology services
Address
Azabudai Hills, Mori JP Tower Tokyo TY Japan 106-0041
IPO Date
Nov 13, 2014
Business
SHIFT Inc. specializes in delivering advanced software quality assurance and testing solutions primarily across Japan. The company offers a suite of services, including its proprietary CAT software test management tool, a comprehensive quality platform, and expert software consulting engagements. They serve a diverse clientele spanning various sectors such as finance, e-commerce, telecommunications, manufacturing, and entertainment. SHIFT aims to tackle the IT talent gap in Japan and has recently expanded its reach through strategic alliances, including a partnership with Cognition AI for the domestic rollout of the AI software engineer, Devin, and a collaboration with MEDIA DO to bolster global content distribution. Established in 2005, the company maintains its headquarters in Tokyo, Japan.