tiprankstipranks

SHIFT Inc. Consolidates ERP Operations with Subsidiary Merger

Story Highlights

SHIFT, Inc. ( (JP:3697) ) has provided an update.

SHIFT Inc. announced the absorption-type merger of its subsidiary, SHIFT Enterprise Consulting Inc., to consolidate and strengthen its ERP business within the main company. This strategic move aims to leverage SHIFT’s recruiting, sales, and technological capabilities to maximize business resources and increase corporate value, aligning with their growth strategy ‘SHIFT2000’.

More about SHIFT, Inc.

SHIFT Inc., headquartered in Minato-ku, Tokyo, Japan, is a company focused on the ERP business, which involves enterprise resource planning. The company has been working to strengthen its ERP operations and has recorded significant growth in this sector, positioning ERP as a key strategic asset for future growth.

YTD Price Performance: 2.08%

Technical Sentiment Signal: Buy

Current Market Cap: €2.02B

See more insights into 3697 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App