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Announcement of Capital and Business Alliance with MRSO Inc.

Announcement of Capital and Business Alliance with MRSO Inc.

SHIFT Inc. (“SHIFT,” headquartered in Minato-ku, Tokyo, Japan; Masaru Tange, CEO and Representative Director) announced today that it has entered into a capital and business alliance with MRSO Inc. (“MRSO” headquartered in Minato-ku, Tokyo, Japan; Tsunegoroh Nishino, President and CEO), which operates MRSO.jp medical checkup reservation site, with the aim of forming further collaborations and contributing to the enhancement of corporate value.

1. Purpose and reason of capital and business alliance
Since launching its software testing business in 2009, SHIFT has provided software quality assurance services in a diverse range of industries, from the enterprise domain to the entertainment domain. In addition, with the aim of achieving SHIFT3000, its medium-term growth strategy aimed at net sales of ¥300 billion, and further business growth in the future, SHIFT is strengthening its sales structure and engaging in M&A of companies with various solutions to issues. SHIFT is promoting the expansion of services centered on quality assurance.

With over 11 thousand employees at 39 group companies, SHIFT is continuously expanding its business domains and size every year as a company that provides comprehensive support for customers’ software services and product manufacturing. Based on the idea that every employee is the most important capital of the SHIFT Group, it is focusing on human capital management and promoting measures that aim to maximize the performance of employees in a diverse manner. Under such circumstances, the health management of employees is an extremely important topic. SHIFT continues to hold regular events and provides information to raise health awareness, as well as to encourage employees to undergo periodic health checkups.
SHIFT has decided to form a capital and business alliance with the aim of providing more effective medical checkup conditions for the increasing number of the SHIFT group employees in the future, as well as to improve health awareness and make health checkups more accessible to the general public in Japan.

MRSO has established a position of No 1 in the field of medical checkup reservation platforms by MRSO.jp that it operates, and provides health management system for health insurance and corporate medical checkups. Through its knowledge in the medical checkup field and the use of its health management system for health insurance and corporate medical checkups, as well as MRSO.jp medical checkup reservation site, SHIFT aims to strengthen its health management initiatives and streamline operations through DX support for health management.

MRSO develops and operates more than 10 in-house services, including MRSO.jp and health management system, as well as offering several DX services to the administration. In addition to various tests at the time of development, human costs for maintaining the quality of existing services and for security measures are increasing.
SHIFT offers a wide range of quality assurance services, such as software testing and vulnerability diagnosis, not only in the development phase but also in the design phase and operation and maintenance phase. In addition to improving the quality of various services provided by MRSO, SHIFT aims to reduce the human costs associated with these services.

2. Details of capital and business alliance and future initiatives
2-1. Business alliance
① To provide MRSO’s health management services to SHIFT employees
DX reduces the workload of analog-based operations by clerical workers and employees at health insurance companies and enterprises, and contributes to employee health management.
② To provide SHIFT’s quality assurance services for various in-house services provided by MRSO
By providing a wide range of quality assurance services, it will contribute to enhancing service value through quality improvement and reducing human costs.

 2-2. Capital alliance
MRSO is approved to list its common shares on the Tokyo Stock Exchange Growth Market today. The date of listing on the Tokyo Stock Exchange is scheduled for December 21, 2023.
Upon a stock offering by the underwriters’ purchase transactions announced today, MRSO plans to request that the underwriters involved in the stock offerings sell a portion of the shares offered to SHIFT Inc., designated by MRSO, up to a maximum number of shares equal to ¥300 million.

Please refer to the link below for further information.
Announcement of Capital and Business Alliance with MRSO Inc.pdf

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