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SHIFT Inc. Postpones Merger Effective Date with Subsidiary

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SHIFT Inc. Postpones Merger Effective Date with Subsidiary

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SHIFT ( (JP:3697) ) just unveiled an announcement.

SHIFT Inc. has announced a delay in the effective date of the absorption-type merger with its subsidiary, Roppongi Kanri No. 10 Co., Ltd., due to longer-than-expected prerequisite procedures. The merger’s new effective date is now scheduled for February 1, 2026, instead of the initially planned January 1, 2026. The company anticipates that this change will have an immaterial impact on its consolidated financial results, but it remains committed to promptly disclosing any significant changes in business conditions that may arise.

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 based in Minato-ku, Tokyo, Japan, operating in the technology sector. It focuses on providing software testing and quality assurance services, catering to various industries with a strong emphasis on improving software quality and operational efficiency.

Average Trading Volume: 5,112,200

Technical Sentiment Signal: Sell

Current Market Cap: Yen247.3B

For a thorough assessment of 3697 stock, go to TipRanks’ Stock Analysis page.

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