SHIFT Inc. FY2026 Q1 Earnings Report | IR Tracker

SHIFT Inc. FY2026 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥34.84B
Operating Income: ¥2.82B
Net Income: ¥1.79B
Earnings per Unit (EPU): ¥6.82

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥34.84B	¥30.17B	+15.5%
Cost of Sales	¥23.52B	¥20.15B	+16.7%
Gross Profit	¥11.32B	¥10.02B	+12.9%
SG&A Expenses	¥8.50B	¥6.51B	+30.7%
Operating Income	¥2.82B	¥3.52B	-19.9%
Non-operating Income	¥100M	¥40M	+150.0%
Non-operating Expenses	¥139M	¥243M	-42.8%
Ordinary Income	¥2.78B	¥3.31B	-16.1%
Profit Before Tax	¥2.78B	¥3.15B	-11.8%
Income Tax Expense	¥983M	¥1.13B	-13.3%
Net Income	¥1.79B	¥2.02B	-11.0%
Net Income Attributable to Owners	¥1.79B	¥1.98B	-9.2%
Total Comprehensive Income	¥1.74B	¥2.03B	-14.1%
Interest Expense	¥38M	¥15M	+153.3%
Earnings per Unit (EPU)	¥6.82	¥7.50	-9.1%
Diluted Earnings per Unit	¥6.81	¥7.49	-9.1%
Distribution per Unit (DPU)	¥0.00	¥0.00	-

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥45.09B	¥43.12B	+¥1.97B
Cash and Deposits	¥25.32B	¥23.73B	+¥1.59B
Accounts Receivable	¥15.23B	¥15.40B	¥-170M
Inventories	¥2.15B	¥1.63B	+¥519M
Non-current Assets	¥34.01B	¥33.88B	+¥132M

Profitability Ratios

Item	Value
Net Profit Margin	5.2%
Gross Profit Margin	32.5%
Current Ratio	172.9%
Quick Ratio	164.7%
Debt-to-Equity Ratio	0.85x
Interest Coverage Ratio	74.13x
Effective Tax Rate	35.4%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+15.5%
Operating Income YoY Change	-19.9%
Ordinary Income YoY Change	-16.2%
Net Income Attributable to Owners YoY Change	-9.2%
Total Comprehensive Income YoY Change	-14.1%

Unit Information

Item	Value
Units Outstanding (incl. Treasury)	267.50M shares
Treasury Units	4.21M shares
Average Units Outstanding	263.29M shares
NAV per Unit	¥162.79

Distribution Information

Item	Amount
Q2 Distribution	¥0.00
Year-End Distribution	¥0.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥150.00B
Earnings per Unit Forecast (EPU)	¥43.67
Distribution per Unit Forecast (DPU)	¥0.00