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An update from SHIFT ( (JP:3697) ) is now available.
SHIFT Inc. announced that its wholly owned subsidiary ALH Inc. will conduct an absorption-type merger of two of its regional subsidiaries, Osaka-based Crebnet Corporation and Sendai-based dataway. systems co., ltd., with ALH as the surviving entity. The restructuring is intended to expand ALH’s operational footprint in Osaka and fully launch its Sendai operations, while integrating back-office functions, standardizing business processes, and cutting costs to better utilize management resources; the merger, scheduled to take effect on March 2, 2026, involves no new share issuance or other consideration and will not alter ALH’s core corporate profile, but is expected to streamline regional operations within the SHIFT group.
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., listed on the Tokyo Stock Exchange Prime Market, provides IT and software-related services that support clients in developing and delivering software products and services aimed at driving sales. Through its wholly owned subsidiaries, including ALH Inc. and the newly integrated regional units, the group focuses on system development, software design, IT solutions, and related support services across major regions in Japan.
YTD Price Performance: -16.50%
Average Trading Volume: 5,416,821
Technical Sentiment Signal: Hold
Current Market Cap: Yen271B
See more insights into 3697 stock on TipRanks’ Stock Analysis page.