SHIFT Inc.
(Update on Disclosure) Notice Regarding Completion of Share Acquisition of Nisseicom Ltd. through Subsidiary (SHIFT Growth Capital Inc.)
SHIFT Inc. acquired all shares of Nisseicom Ltd. through its subsidiary on April 1, 2026, making it a consolidated subsidiary. The acquisition cost was approximately JPY 17,792 million.
Key Figures
- Acquisition Price: Approximately JPY 17,792 million (after price adjustment)
- Initially Announced Estimate: Approximately JPY 20,486 million
- Acquisition Completion Date: 2026-04-01
AI要約
Completion of Share Acquisition
SHIFT Inc. acquired all the outstanding shares of Nisseicom Ltd. through its subsidiary, SHIFT Growth Capital Inc., effective April 1, 2026, thereby making Nisseicom Ltd. a consolidated subsidiary. As a result of price adjustments under the share transfer agreement, the acquisition price was approximately JPY 17,792 million, decreased from the initially announced estimated amount of approximately JPY 20,486 million.
Future Outlook
The impact on business performance and financial condition from this transaction is expected to be minimal. However, if there is a significant change in business circumstances, timely disclosure will be made.