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SHIFT ( (JP:3697) ) has provided an announcement.
SHIFT Inc. has announced that its subsidiary, SHIFT Growth Capital Inc., will acquire all shares of a newly established company formed by ESCCO Japan Co., Ltd. This acquisition aims to enhance SHIFT’s presence in the insurance sector by leveraging ESCCO Japan’s expertise in system development for the insurance industry. The move is expected to strengthen SHIFT’s collaboration with HOPES Corporation, expand its customer base, and increase project scale, thereby accelerating growth and enhancing service offerings.
The most recent analyst rating on (JP:3697) stock is a Hold with a Yen992.00 price target. To see the full list of analyst forecasts on SHIFT stock, see the JP:3697 Stock Forecast page.
More about SHIFT
SHIFT Inc. is a company specializing in software quality assurance across various industries, including enterprise and entertainment sectors. Founded in 2009, it has expanded to include 42 group companies, offering comprehensive system development and related services.
YTD Price Performance: -23.83%
Average Trading Volume: 5,151,130
Technical Sentiment Signal: Sell
Current Market Cap: Yen247.3B
See more data about 3697 stock on TipRanks’ Stock Analysis page.