Shift raises full-year profit forecast amid strong operating trends

Shift (TSE:3697) announced an increase to its financial forecast for the fiscal year ending August 31, 2025, due to recent strong operating trends. The Board of Directors approved revisions reflecting expectations for operating profit of JPY 15,000 million and ordinary profit of JPY 14,500 million, exceeding initial forecasts due to record-high gross profit margins. However, the forecast for profit attributable to owners of parent remains unchanged at JPY 7,900 million, taking a conservative view of potential extraordinary income and losses impacted by market conditions. Net sales are expected to remain constant, at JPY 130,000 million. This revision follows a strong performance in the nine months ended May 31, 2025, with net sales reaching JPY 95,412 million and operating profit reaching JPY 11,906 million. The company attributes its success to its “SHIFT3000” growth strategy, aimed at achieving net sales of JPY 300 billion. Shift is focused on business expansion through leveraging sales capabilities, service portfolios, human resources, recruiting strength, and M&A/PMI expertise. The company’s performance is based on the consolidation of its subsidiaries, including KINSHA Co., Ltd. and equity-method affiliate, Rise Consulting Group.