{"id":131447,"date":"2026-10-15T17:09:48","date_gmt":"2026-10-15T08:09:48","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3697-20261015-04_wp_corporate_restructuring\/"},"modified":"2026-10-15T17:09:48","modified_gmt":"2026-10-15T08:09:48","slug":"3697-20261015-04_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3697\/ir\/3697-20261015-04_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Transfer of Equity Interests in Consolidated Subsidiaries (Change of Grandchild Companies) by SHIFT Inc."},"content":{"rendered":"<p>All equity interests in the two target grandchild companies will be transferred to Hit. Transfer prices are Nadia: 1,175 million yen and xbs: 115 million yen. Equity interests will be extinguished after the transfer. Execution of the transfer is scheduled for 2026\/10\/30. The impact on this fiscal year&#8217;s consolidated results is expected to be minimal.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3697","jir_company_name":"SHIFT Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3697-20261015-04.pdf","jir_short_summary":"All equity interests in the two target grandchild companies will be transferred to Hit. Transfer prices are Nadia: 1,175 million yen and xbs: 115 million yen. Equity interests will be extinguished after the transfer. Execution of the transfer is scheduled for 2026\/10\/30. The impact on this fiscal year's consolidated results is expected to be minimal.","jir_summary":"### Overview of the Case\nSHIFT Inc. has decided to transfer all equity interests in its group grandchild companies Nadia and xbs to Hit. The rationale for the transfer is to adapt to a market environment where demand for comprehensive IT development beyond UI\/UX is increasing alongside AI utilization, and to optimize the group's business portfolio while expanding growth opportunities for employees. The transferee, Hit, is engaged in planning and operating outdoor advertising media, and various synergies are expected to be generated.\n\n### Impact of the Transfer and Future Steps\nThe transferred entities are expected to operate independently as 100% subsidiaries of Decem. The schedule is: agreement execution date October 15, 2026, and transfer execution date scheduled for October 30, 2026. The impact on SHIFT Inc.'s consolidated results is expected to be minimal, and any further disclosures will be made as appropriate.","jir_financial_highlights":"Transfer price: 1,175 million yen (Unknown)\nTransfer price: 115 million yen (Unknown)\nNet income attributable to owners of parent for the most recent fiscal year: Unknown (Unknown)","jir_category":"","jir_hashtags":"#SHIFT, #NotRelatedToShareBuyback, #OrganizationalRestructuring, #ShareTransfer","jir_key_figures":"Transfer price (Nadia: 1,175 million yen, xbs: 115 million yen)\nExtinguishment of indirectly owned shares due to transfer (both companies 100% \u2192 0%)\nScheduled transfer execution date 2026\/10\/30","jir_meta_title":"SHIFT Inc. Decides on Transfer of Equity Interests in Consolidated Subsidiaries | October 2026","jir_meta_description":"SHIFT Inc. has decided to transfer all equity interests in consolidated subsidiaries Nadia and xbs to Hit. Transfer prices are Nadia 1,175 million yen and xbs 115 million yen. Transfer execution is scheduled for 2026\/10\/30. The impact on consolidated results is expected to be minimal.","jir_og_title":"SHIFT Inc. Decides on Transfer of Equity Interests in Consolidated Subsidiaries | October 2026","jir_og_description":"SHIFT Inc. will transfer all equity interests in Nadia and xbs to Hit. Transfer prices are 1,175 million yen and 115 million yen. Transfer execution is scheduled for 2026\/10\/30, and the impact on consolidated results is expected to be minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8758,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-131447","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Transfer of Equity Interests in Consolidated Subsidiaries (Change of Grandchild Companies) by SHIFT Inc. - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3697\/ir\/3697-20261015-04_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3697\/ir\/3697-20261015-04_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3697\/ir\/3697-20261015-04_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Transfer of Equity Interests in Consolidated Subsidiaries (Change of Grandchild Companies) by SHIFT Inc. - 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