FilingReader Intelligence

Shift restructures subsidiaries, streamlines ERP, application development operations

March 28, 2025 at 12:03 PM UTCBy FilingReader AI

Shift Inc. [TSE:3697] announced a series of strategic restructuring moves aimed at enhancing operational efficiency and maximizing resource allocation within its group companies. The company will absorb SHIFT Enterprise Consulting (SEC), a wholly-owned subsidiary focused on enterprise resource planning (ERP) solutions. The merger, effective June 1, 2025, will integrate SEC's operations directly into Shift, allowing for better leveraging of Shift's existing resources in recruitment, sales, and technology. In the last 12 months, the ERP business has generated ¥17.3 billion in sales, up 29% year-over-year.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3697Tokyo Stock Exchange

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