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Revision of earnings forecasts3697SHIFT Inc.Information and Communications, Services and Others

Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis

Non-consolidated full-year results for the fiscal year ending August 2026 were disclosed in comparison with the previous fiscal year. Revenue, operating profit and ordinary profit increased, while net income decreased substantially due to the impact of extraordinary losses and other factors.

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Mixed performance
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Revised forecast

Fiscal year ending August 2026 · Full year
Reason for the revision

Revenue increased as business conditions remained solid and the business expanded through stronger sales activities. However, net income decreased due to the recognition of ¥5,752 million in extraordinary losses, including impairment losses on shares of affiliated companies, and a decrease in the gain on extinguishment of shares in a merger from ¥2,153 million to ¥168 million.

Details and amount of extraordinary loss

¥5,752 million in extraordinary losses, including impairment losses on shares of affiliated companies

Previous-period resultsRevenue: ¥83,181 million; operating profit: ¥11,567 million; ordinary profit: ¥11,098 million; net income: ¥9,229 million; net income per share: ¥35.05
Consolidated / non-consolidatedNon-consolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending August 2026
Period CoveredFull year
Previous-period resultsRevenue: ¥83,181 million; operating profit: ¥11,567 million; ordinary profit: ¥11,098 million; net income: ¥9,229 million; net income per share: ¥35.05
Reason for the revisionRevenue increased as business conditions remained solid and the business expanded through stronger sales activities. However, net income decreased due to the recognition of ¥5,752 million in extraordinary losses, including impairment losses on shares of affiliated companies, and a decrease in the gain on extinguishment of shares in a merger from ¥2,153 million to ¥168 million.
Details and amount of extraordinary loss¥5,752 million in extraordinary losses, including impairment losses on shares of affiliated companies
Consolidated / non-consolidatedNon-consolidated
Items this document does not state (7)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastDividend forecast revision

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.

Revenue increased as the business expanded against a backdrop of continued solid business conditions and stronger sales activities. However, net income decreased due to the recognition of ¥5,752 million in extraordinary losses, including impairment losses on shares of affiliated companies, as well as a decrease in the gain on extinguishment of shares in a merger from ¥2,153 million in the previous fiscal year to ¥168 million.

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Notice Regarding Differences from the Previous Fiscal Year’s Results on an Individual Basis | SHIFT Inc. (3697) timely disclosure | Komori