[Progress of Matters Preciously Disclosed] Notice Concerning the Completion of the Acquisition of Shares of Nisseicom, Limited through a Subsidiary (SHIFT Growth Capital Inc.)
[Progress of Matters Preciously Disclosed] Notice Concerning the Completion of the Acquisition of Shares of Nisseicom, Limited through a Subsidiary (SHIFT Growth Capital Inc.)
SHIFT Inc. (“SHIFT,” headquartered in Minato-ku, Tokyo, Japan; Masaru Tange, CEO and Representative Director) hereby announces that all procedures relating to the acquisition of shares of Nisseicom, Limited ( “NISSEICOM”), as disclosed in the press release dated January 14, 2026, entitled “Announcement Regarding the Acquisition of Nisseicom, Limited (and Its Conversion into a Consolidated Subsidiary) Through a Subsidiary (SHIFT Growth Capital Inc.),” have been completed. Details are as follows.
Reference: Announcement Regarding the Acquisition of Nisseicom, Limited (and Its Conversion into a Consolidated Subsidiary) Through a Subsidiary (SHIFT Growth Capital Inc.)
1.Completion of the Share Acquisition
SHIFT Growth Capital Inc. (headquartered in Minato-ku, Tokyo, Japan; Hidetaka Kojima, Representative Director), a consolidated subsidiary of SHIFT, has acquired all issued shares of NISSEICOM. As a result, NISSEICOM has become a consolidated subsidiary of SHIFT.
The acquisition price, following price adjustments in accordance with the share transfer agreement, is approximately ¥17,792 million (initially announced estimate: approximately ¥20,486 million).
2.Future Outlook
The impact of this borrowing on the Company’s consolidated financial results is expected to be immaterial. Should any material impact arise due to significant changes in business conditions, SHIFT will promptly disclose such information as soon as it becomes known.