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SHIFT Inc. (3697.T)

JPY701.90 -24.30 (-3.35%)
JP JPX Technology Information Technology Services
Address Azabudai Hills, Mori JP Tower 106-0041
Tokyo, JP
CEO Masaru Tange
IPO 2014-11-13
ISIN JP3355400007

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Description

SHIFT Inc. provides software quality assurance and testing solutions in Japan. The company offers CAT, a software test management tool to evaluate software testing aptitude; a quality platform; and software consulting services. The company also engages in the nursery business. SHIFT Inc. was incorporated in 2005 and is headquartered in Tokyo, Japan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY701.90 -24.30 (-3.35%)
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Volume Profile
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Liquidity & share structure
Average Volume
8M
Beta
1.11
Float Shares
164.02M
Free Float %
64.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+6.19% +3.96% +6.93% -0.09% -27.57% -26.58% -58.06% -56.72% -32.05% +953.60% +3,949.05%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
701.90
DCF (Unlevered) 1,101.61 +56.9%
DCF (Levered) 1,235.32 +76.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 3 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.60
Safe zone
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
    +17.4% Q1'26: +18.0% (vs Q1'25)
  • EPS growth Information Technology Services: +16.7%
    +74.7% Q1'26: -11.2% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
    +10.4% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Information Technology Services: +9.0%
    +12.0% Q1'26: +11.0% (vs Q1'25)
  • ROIC Information Technology Services: +9.5%
    +34.7% Q1'26: +31.8% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    -0.2% Q1'26: -0.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    0.65× Q1'26: 1.01× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.09) × ERP
WACC = 94% × Ke + 6% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,101.61 Current price: 701.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Aug 2015
actual
Aug 2016
actual
Aug 2017
actual
Aug 2018
actual
Aug 2019
actual
Aug 2020
actual
Aug 2021
actual
Aug 2022
actual
Aug 2023
actual
Aug 2024
actual
Aug 2025
actual
Aug 2026
8 Rev. Ana.
5 EPS Ana.
Aug 2027
8 Rev. Ana.
7 EPS Ana.
Aug 2028
7 Rev. Ana.
6 EPS Ana.
Revenue
3.29B
est: 3.20B (+2.8%)
5.51B
est: 5.57B (-1.0%)
8.17B
est: 8.17B (+0.0%)
12.79B
est: 13.00B (-1.6%)
19.53B
est: 19.67B (-0.7%)
28.71B
est: 29.05B (-1.2%)
46.00B
est: 46.05B (-0.1%)
64.87B
est: 65.13B (-0.4%)
88.03B
est: 87.75B (+0.3%)
110.63B
est: 111.86B (-1.1%)
129.82B
est: 131.19B (-1.0%)
157.34B
151.13B – 163.03B
+19.9% YoY
190.76B
175.43B – 203.49B
+21.2% YoY
219.77B
215.29B – 224.25B
+15.2% YoY
EBITDA
371.96M
est: 408.61M (-9.0%)
609.56M
est: 711.23M (-14.3%)
563.76M
est: 1.04B (-46.0%)
1.41B
est: 1.66B (-14.9%)
1.87B
est: 2.51B (-25.7%)
2.95B
est: 3.71B (-20.6%)
5.20B
est: 5.88B (-11.6%)
8.32B
est: 8.32B (+0.1%)
13.29B
est: 11.20B (+18.6%)
13.42B
est: 19.25B (-30.3%)
18.79B
est: 22.57B (-16.8%)
27.07B
26.01B – 28.05B
+19.9% YoY
32.82B
30.18B – 35.01B
+21.2% YoY
37.81B
37.04B – 38.59B
+15.2% YoY
EBIT
319.18M
est: 332.31M (-4.0%)
517.83M
est: 578.43M (-10.5%)
391.48M
est: 848.43M (-53.9%)
1.20B
est: 1.35B (-11.0%)
1.54B
est: 2.04B (-24.6%)
2.35B
est: 3.02B (-22.0%)
3.99B
est: 4.78B (-16.5%)
6.87B
est: 6.76B (+1.5%)
11.57B
est: 9.11B (+26.9%)
10.54B
est: 16.39B (-35.7%)
15.55B
est: 19.23B (-19.1%)
23.06B
22.15B – 23.89B
+19.9% YoY
27.96B
25.71B – 29.82B
+21.2% YoY
32.21B
31.55B – 32.87B
+15.2% YoY
Net Income
195.34M
est: 3.66B (-94.7%)
307.81M
est: 320.68M (-4.0%)
208.69M
est: 187.13M (+11.5%)
368.24M
est: 911.95M (-59.6%)
970.49M
est: 1.10B (-12.0%)
1.65B
est: 1.66B (-0.7%)
2.82B
est: 2.59B (+8.7%)
4.97B
est: 4.80B (+3.6%)
6.25B
est: 6.11B (+2.3%)
5.13B
est: 6.01B (-14.6%)
8.94B
est: 8.75B (+2.1%)
10.20B
10.17B – 11.05B
+16.6% YoY
14.27B
13.96B – 16.68B
+39.9% YoY
17.44B
14.79B – 21.83B
+22.2% YoY
SGA
755.76M
est: 680.92M (+11.0%)
1.16B
est: 1.19B (-1.9%)
1.82B
est: 1.74B (+4.6%)
2.61B
est: 2.77B (-5.8%)
4.55B
est: 4.18B (+8.7%)
6.33B
est: 6.18B (+2.4%)
9.16B
est: 9.80B (-6.5%)
13.34B
est: 13.86B (-3.7%)
18.35B
est: 18.67B (-1.7%)
24.80B
est: 23.80B (+4.2%)
29.42B
est: 27.92B (+5.4%)
33.48B
32.16B – 34.69B
+19.9% YoY
40.59B
37.33B – 43.30B
+21.2% YoY
46.76B
45.81B – 47.72B
+15.2% YoY
EPS
0.93
est: 13.90 (-93.3%)
1.43
est: 1.22 (+17.5%)
0.97
est: 0.71 (+36.6%)
1.70
est: 3.46 (-50.9%)
4.37
est: 4.18 (+4.4%)
6.97
est: 6.30 (+10.6%)
10.85
est: 9.84 (+10.3%)
18.85
est: 18.22 (+3.5%)
23.63
est: 24.05 (-1.8%)
19.43
est: 22.58 (-13.9%)
33.93
est: 33.51 (+1.3%)
40.35
38.58 – 41.93
+20.4% YoY
57.68
52.97 – 63.28
+42.9% YoY
69.91
56.11 – 82.80
+21.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-05-28 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-05-27 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-05-26 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-05-25 A- 4/5 5/5 5/5 5/5 2/5 2/5 2/5
2026-05-22 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-21 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-20 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-19 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-18 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-15 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-14 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-13 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-12 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-11 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 A 4/5 5/5 5/5 5/5 2/5 3/5 2/5
2026-05-01 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-30 A- 4/5 5/5 5/5 5/5 1/5 3/5 2/5
2026-04-28 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-27 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-24 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-23 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-22 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-21 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-20 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-17 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5
2026-04-16 B+ 3/5 4/5 4/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
757.98M
OE per share TTM
2.87
Owner's Yield
0.41%
Maintenance CapEx ratio
10.54%
Maint CapEx / Avg PPE
4.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 102 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Fidelity Metaverse ETF FMET 0.60% 266.0K 0.39%
2 iShares MSCI Japan Small Cap UCITS ETF IDJP.L 0.06% 350.3K 0.58%
3 iShares MSCI Japan Small-Cap ETF SCJ 0.05% 141.1K 0.50%
4 iShares Automation & Robotics UCITS ETF RBOT.L 0.05% 2.21M 0.40%
5 iShares Automation & Robotics UCITS ETF RBOD.L 0.05% 155.0K 0.40%
6 iShares $ Treasury Bond 3-7yr UCITS ETF CBUG.DE 0.04% 171.0K 0.10%
7 iShares Nikkei 225 UCITS ETF (DE) EXX7.DE 0.03% 109.1K 0.51%
8 iShares Nikkei 225 UCITS ETF CNKY.L 0.03% 226.5K 0.48%
9 iShares Nikkei 225 UCITS ETF 1329.T 0.03% 4.33M 0.05%
10 Xtrackers Nikkei 225 UCITS ETF 2D EUR Hedged XDJE.DE 0.03% 1.01M 0.19%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
1.35M
Shares Outstanding
255.61M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Masaru Tange Founder, Chief Executive Officer, President & Representative Director 146M male
Aki Yamaji Executive Officer and Section Manager of Public Relations & Investor Relations Unit female
Toshiaki Hosoda Senior Executive Officer, Deputy GM of Business Division & Div. Director of Development Division male
Tsuyoshi Kimura Executive Officer & Deputy General Manager of Business Division male
Yosuke Sugahara Sr. Exe. Off., Div. Dir. of AI BPaaS Div., Vice Div. Dir. of Busi. Div. & Div. Dir. of HR Division male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits