Shift revises upwards operating profit forecast for fiscal year

Shift (TSE:3697) announced an upward revision to its consolidated earnings forecast for the fiscal year ending August 31, 2025, primarily driven by improved profitability. The company now expects operating profit to reach JPY 15 billion, a 42.4% increase year-over-year, and a 11.1% increase from its initial forecast. Ordinary profit is also revised upward to JPY 14.5 billion, marking a 34.8% increase from the previous year. The revisions do not impact the forecast for profit attributable to owners of the parent company, which remains at JPY 7.9 billion.