SHIFT announced its results for the fiscal year ended August 2026, with revenue rising 24.5% from the previous fiscal year to ¥161.6 billion. Ordinary profit and net income declined due to the impact of equity-method investment losses.
SHIFT announced its results for the fiscal year ended August 2026. Revenue rose 24.5%, not 23.5%, from the previous fiscal year to ¥161.6 billion, while equity-method investment losses of ¥3.8 billion were recorded. Ordinary profit fell 12.3% to ¥13.3 billion, and net income fell 16.8% to ¥7.4 billion. The results were announced on 15 October 2026.
On 16 October, the share price surged to ¥1,058, up 16.52% from the previous day. Although the stock had undergone a correction over the preceding 4 trading days, the price range appears to have widened following the results announcement.
The outlook for the next fiscal year, included in the full-year outlook for the fiscal year ending August 2026, calls for substantial growth, with revenue expected to increase 17.6% and adjusted operating profit 23.4%.
Future performance checkpoints include expansion of projects driven by DX demand, the launch of generative AI services, an upward trend in customer and project unit prices, increased BPaaS revenue, and expansion of the investment platform using external capital.
Risk factors include higher recruitment costs and fluctuations in utilisation rates, variability in earnings plans following M&A, increased interest expenses accompanying higher borrowings, competition to secure personnel, fluctuations in project profitability, and the continuing burden of managing information assets.