SHIFT Inc. [3697.T]

TOKYO, Apr 01 (Pulse News Wire) – SHIFT Inc. (3697.T) completed its acquisition of all outstanding shares of Nissho Comm through its subsidiary, Shift Growth Capital Co., Ltd.

As a result, Nissho Comm has become a consolidated subsidiary of SHIFT Inc. The total purchase price was approximately ¥17.792 billion, adjusted according to the share transfer agreement. Looking ahead, the company expects the impact on its operating performance and financial condition to be minor.

However, should significant changes occur due to this transaction, SHIFT Inc. will promptly disclose such developments. Email: ir_info@SHIFT Inc.jp.

Original Disclosure (PDF)

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