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M&A and Subsidiary Changes3697SHIFT Inc.Information and Communications, Services and Others

(Progress on Disclosed Matter) Notice Regarding Completion of the Acquisition of Shares in NISSEI COM Co., Ltd. through Our Subsidiary SHIFT Growth Capital Co., Ltd.

A subsidiary of 株式会社SHIFT acquired all issued shares of 株式会社ニッセイコム, making it a consolidated subsidiary. Following the price adjustment, the acquisition price was approximately ¥17,792 million, a decrease from the amount initially disclosed.

Worth reading
43Recurring
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
17792
¥ millions
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of shares in 株式会社ニッセイコム
Disclosing companySHIFT Inc.
株式会社ニッセイコムVoting rights ownership percentageNumber of shares acquired All issued shares; number of voting rights: Not disclosed

The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.

Execution Date / Effective Date1 April 2026
Consideration and expenses
Acquisition priceApproximately ¥17,792 million
Type of ConsiderationCash / shares, etc.: Not disclosed
Impact on Business Performance

The impact on the Company's operating results and financial position is expected to be immaterial.

This transaction
ItemDetails
Transaction nameAcquisition of shares in 株式会社ニッセイコム
Name of the Subject Company株式会社ニッセイコム
Acquisition priceApproximately ¥17,792 million
Type of ConsiderationCash / shares, etc.: Not disclosed
Number of shares acquiredAll issued shares; number of voting rights: Not disclosed
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact on the Company's operating results and financial position is expected to be immaterial.
Execution Date / Effective Date1 April 2026
Items this document does not state (24)
Counterparty nameBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

As a result of the price adjustment under the share transfer agreement, the acquisition price decreased from the estimated amount disclosed initially. The impact of this transaction on the Company's operating results and financial position is expected to be immaterial.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Progress on Disclosed Matter) Notice Regarding Completion of the Acquisition of Shares in NISSEI COM Co., Ltd. through Our Subsidiary SHIFT Growth Capital Co., Ltd. | SHIFT Inc. (3697) timely disclosure | Komori