For the first quarter of the fiscal year ending August 2026, net sales were 34,845 million yen (up 15.5% year-over-year), operating income was 2,817 million yen (down 19.9% year-over-year), and net income attributable to owners of parent for the quarter was 1,795 million yen (down 9.2% year-over-year).<\/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,"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":"2026-01-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/3697-20260114-01.pdf","jir_short_summary":"For the first quarter of the fiscal year ending August 2026, net sales were 34,845 million yen (up 15.5% year-over-year), operating income was 2,817 million yen (down 19.9% year-over-year), and net income attributable to owners of parent for the quarter was 1,795 million yen (down 9.2% year-over-year).","jir_summary":"### Performance Overview\nIn the first quarter of the fiscal year ending August 2026, consolidated financial results showed net sales growing steadily to 34,845 million yen (up 15.5% year-over-year), while operating income decreased to 2,817 million yen (down 19.9% year-over-year) and net income attributable to owners of parent for the quarter was 1,795 million yen (down 9.2% year-over-year). The decline in operating and net income was primarily due to normalization of recruitment activities, previously strategically restrained, resulting in increased recruitment expenses. Adjusted operating income and adjusted net income also declined year-over-year, but net sales continued to perform solidly.\n\n### Segment Performance and Financial Position\nBy segment, net sales from software testing-related services reached 22,649 million yen (up 17.5% year-over-year), with operating income of 4,262 million yen (down 10.4% year-over-year). Software development-related services achieved net sales of 10,471 million yen (up 8.0% year-over-year) and operating income of 438 million yen (down 38.4% year-over-year), affected by increased recruitment costs. Other adjacent services posted substantial growth with net sales of 3,227 million yen (up 39.0% year-over-year) and operating income of 334 million yen (up 838.9% year-over-year). On the financial side, the company maintained a stable capital structure with total assets of 79,102 million yen, net assets of 42,862 million yen, and an equity ratio of 53.5%.","jir_financial_highlights":"Net Sales: 34,845 million yen (up 15.5% year-over-year)\nOperating Income: 2,817 million yen (down 19.9% year-over-year)\nOrdinary Income: 2,778 million yen (down 16.2% year-over-year)\nNet Income Attributable to Owners of Parent: 1,795 million yen (down 9.2% year-over-year)\nAdjusted Operating Income: 3,316 million yen (down 18.4% year-over-year)\nAdjusted Ordinary Income: 3,277 million yen (down 15.2% year-over-year)\nAdjusted Net Income Attributable to Owners of Parent: 2,294 million yen (down 9.2% year-over-year)\nTotal Assets: 79,102 million yen (up 2,101 million yen from previous fiscal year-end)\nNet Assets: 42,862 million yen (up 1,824 million yen from previous fiscal year-end)\nEquity Ratio: 53.5% (up 0.8 points from previous fiscal year-end)\nShares Outstanding (Common Stock): 267,500,670 shares (unchanged from previous fiscal year-end)\nTreasury Stock: 4,208,457 shares (down 7,050 shares from previous fiscal year-end)","jir_category":"","jir_hashtags":"#SHIFTInc, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Net Sales: 34,845 million yen (up 15.5% year-over-year)\nOperating Income: 2,817 million yen (down 19.9% year-over-year)\nNet Income Attributable to Owners of Parent: 1,795 million yen (down 9.2% year-over-year)","jir_meta_title":"SHIFT Inc. Fiscal Year Ending August 2026 First Quarter Financial Summary: Net Sales Up 15.5%, Operating Income Down 19.9%","jir_meta_description":"SHIFT Inc.'s financial summary for the first quarter of the fiscal year ending August 2026. Net sales strong at 34,845 million yen (up 15.5% year-over-year), while operating income declined to 2,817 million yen (down 19.9%) due to increased recruitment expenses.","jir_og_title":"SHIFT Inc. Announces Fiscal Year Ending August 2026 First Quarter Financial Summary","jir_og_description":"Net sales rose 15.5% year-over-year to 34,845 million yen; operating income fell 19.9% to 2,817 million yen. Increased recruitment expenses impacted profitability.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Sales Trend (Millions of Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 (Aug)\\\",\\\"Q1 FY2026 (Aug)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[30174,34845],\\\"backgroundColor\\\":\\\"#4e79a7\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Operating Income Trend (Millions of Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 (Aug)\\\",\\\"Q1 FY2026 (Aug)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[3517,2817],\\\"backgroundColor\\\":\\\"#f28e2b\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"net_profit_trend\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Net Income Attributable to Owners of Parent Trend (Millions of Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q1 FY2025 (Aug)\\\",\\\"Q1 FY2026 (Aug)\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Income\\\",\\\"data\\\":[1976,1795],\\\"backgroundColor\\\":\\\"#e15759\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales (Millions of Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Software Testing-Related Services\\\",\\\"Software Development-Related Services\\\",\\\"Other Adjacent Services\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Q1 FY2025 (Aug)\\\",\\\"data\\\":[19279,9696,2321],\\\"backgroundColor\\\":\\\"#59a14f\\\"},{\\\"label\\\":\\\"Q1 FY2026 (Aug)\\\",\\\"data\\\":[22649,10471,3227],\\\"backgroundColor\\\":\\\"#edc948\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_operating_profit_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Operating Income (Millions of Yen)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Software Testing-Related Services\\\",\\\"Software Development-Related Services\\\",\\\"Other Adjacent Services\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Q1 FY2025 (Aug)\\\",\\\"data\\\":[4760,711,35],\\\"backgroundColor\\\":\\\"#4e79a7\\\"},{\\\"label\\\":\\\"Q1 FY2026 (Aug)\\\",\\\"data\\\":[4262,438,334],\\\"backgroundColor\\\":\\\"#f28e2b\\\"}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}]","ir_related_company":8758,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-19114","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n