SHIFT Inc.

TSE:3697 Stock Report

Market Cap: JP¥179.4b

SHIFT Management

Management criteria checks 3/4

SHIFT's CEO is Masaru Tange, appointed in Jan 2005, has a tenure of 21.08 years. total yearly compensation is ¥146.00M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 34.75% of the company’s shares, worth ¥62.33B. The average tenure of the management team and the board of directors is 6.4 years and 5.3 years respectively.

Key information

Masaru Tange

Chief executive officer

JP¥146.0m

Total compensation

CEO salary percentage11.64%
CEO tenure21.1yrs
CEO ownership34.8%
Management average tenure6.4yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

What You Can Learn From SHIFT Inc.'s (TSE:3697) P/E After Its 25% Share Price Crash

Jan 30
What You Can Learn From SHIFT Inc.'s (TSE:3697) P/E After Its 25% Share Price Crash

Estimating The Fair Value Of SHIFT Inc. (TSE:3697)

Sep 16
Estimating The Fair Value Of SHIFT Inc. (TSE:3697)

We Think SHIFT (TSE:3697) Might Have The DNA Of A Multi-Bagger

Aug 31
We Think SHIFT (TSE:3697) Might Have The DNA Of A Multi-Bagger

What You Can Learn From SHIFT Inc.'s (TSE:3697) P/E

Aug 17
What You Can Learn From SHIFT Inc.'s (TSE:3697) P/E

With EPS Growth And More, SHIFT (TSE:3697) Makes An Interesting Case

Aug 04
With EPS Growth And More, SHIFT (TSE:3697) Makes An Interesting Case

SHIFT Inc. (TSE:3697) Analysts Are Pretty Bullish On The Stock After Recent Results

Jul 13
SHIFT Inc. (TSE:3697) Analysts Are Pretty Bullish On The Stock After Recent Results

Is SHIFT (TSE:3697) A Risky Investment?

Jun 23
Is SHIFT (TSE:3697) A Risky Investment?

Investors Appear Satisfied With SHIFT Inc.'s (TSE:3697) Prospects As Shares Rocket 26%

May 05
Investors Appear Satisfied With SHIFT Inc.'s (TSE:3697) Prospects As Shares Rocket 26%

SHIFT Inc. (TSE:3697) Analysts Are Pretty Bullish On The Stock After Recent Results

Apr 16
SHIFT Inc. (TSE:3697) Analysts Are Pretty Bullish On The Stock After Recent Results

Calculating The Fair Value Of SHIFT Inc. (TSE:3697)

Mar 28
Calculating The Fair Value Of SHIFT Inc. (TSE:3697)

Is SHIFT (TSE:3697) A Risky Investment?

Mar 09
Is SHIFT (TSE:3697) A Risky Investment?

SHIFT Inc. (TSE:3697) Not Lagging Market On Growth Or Pricing

Jan 31
SHIFT Inc. (TSE:3697) Not Lagging Market On Growth Or Pricing

Under The Bonnet, SHIFT's (TSE:3697) Returns Look Impressive

Jan 08
Under The Bonnet, SHIFT's (TSE:3697) Returns Look Impressive

A Look At The Intrinsic Value Of SHIFT Inc. (TSE:3697)

Dec 25
A Look At The Intrinsic Value Of SHIFT Inc. (TSE:3697)

SHIFT's (TSE:3697) Conservative Accounting Might Explain Soft Earnings

Oct 18
SHIFT's (TSE:3697) Conservative Accounting Might Explain Soft Earnings

Earnings Tell The Story For SHIFT Inc. (TSE:3697) As Its Stock Soars 27%

Oct 16
Earnings Tell The Story For SHIFT Inc. (TSE:3697) As Its Stock Soars 27%

SHIFT (TSE:3697) Seems To Use Debt Rather Sparingly

Sep 17
SHIFT (TSE:3697) Seems To Use Debt Rather Sparingly

SHIFT Inc.'s (TSE:3697) 40% Jump Shows Its Popularity With Investors

Sep 01
SHIFT Inc.'s (TSE:3697) 40% Jump Shows Its Popularity With Investors

SHIFT Inc.'s (TSE:3697) 26% Cheaper Price Remains In Tune With Earnings

Jul 11
SHIFT Inc.'s (TSE:3697) 26% Cheaper Price Remains In Tune With Earnings

We Like SHIFT's (TSE:3697) Returns And Here's How They're Trending

Jun 10
We Like SHIFT's (TSE:3697) Returns And Here's How They're Trending

Is Now The Time To Look At Buying SHIFT Inc. (TSE:3697)?

May 25
Is Now The Time To Look At Buying SHIFT Inc. (TSE:3697)?

SHIFT Inc. Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

Apr 14
SHIFT Inc. Just Missed EPS By 15%: Here's What Analysts Think Will Happen Next

SHIFT Inc.'s (TSE:3697) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Apr 13
SHIFT Inc.'s (TSE:3697) Share Price Is Still Matching Investor Opinion Despite 28% Slump

SHIFT (TSE:3697) Could Easily Take On More Debt

Mar 11
SHIFT (TSE:3697) Could Easily Take On More Debt

SHIFT (TSE:3697) Looks To Prolong Its Impressive Returns

Feb 29
SHIFT (TSE:3697) Looks To Prolong Its Impressive Returns

CEO Compensation Analysis

How has Masaru Tange's remuneration changed compared to SHIFT's earnings?
DateTotal CompensationSalaryCompany Earnings
Nov 30 2025n/an/a

JP¥9b

Aug 31 2025JP¥146mJP¥17m

JP¥9b

May 31 2025n/an/a

JP¥8b

Feb 28 2025n/an/a

JP¥7b

Nov 30 2024n/an/a

JP¥6b

Aug 31 2024JP¥108mJP¥19m

JP¥5b

Compensation vs Market: Masaru's total compensation ($USD936.44K) is about average for companies of similar size in the JP market ($USD954.64K).

Compensation vs Earnings: Masaru's compensation has increased by more than 20% in the past year.


CEO

Masaru Tange (51 yo)

21.1yrs
Tenure
JP¥146,000,000
Compensation

Mr. Masaru Tange is Outside Director of Interstellar Technologies Inc. Mr. Tange is a Venture Partner at DNX Ventures (formerly known as Draper Nexus Venture Partners). Mr. Tange founded Shift, Inc. in 200...


Leadership Team

NamePositionTenureCompensationOwnership
Masaru Tange
Founder21.1yrsJP¥146.00m34.75%
¥ 62.3b
Aki Yamaji
Executive Officer and Section Manager of Public Relations & Investor Relations Unit4.1yrsno datano data
Yosuke Sugahara
Senior Executive Officer & Director of Human Resources Division7.1yrsno datano data
Toshiaki Hosoda
Senior Executive Officer & Deputy General Manager of Business Division6.4yrsno datano data
Tsuyoshi Kimura
Executive Officer & Deputy General Manager of Business Division1.1yrsno datano data
6.4yrs
Average Tenure

Experienced Management: 3697's management team is seasoned and experienced (6.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Masaru Tange
Founderno dataJP¥146.00m34.75%
¥ 62.3b
Amy Shigemi Hatta
Independent Outside Director2.3yrsno datano data
Michio Sasaki
Chairman of the Board7.3yrsno data0.011%
¥ 19.0m
Tetsujiro Nakagaki
Independent Outside Director5.3yrsno data0.00078%
¥ 1.4m
Motoya Kobayashi
Director9.7yrsno data0.88%
¥ 1.6b
Fumiko Motoya
Independent Outside Director5.3yrsno data0.061%
¥ 109.6m
Takafumi Murakami
Independent Outside Director5.3yrsno data0.0016%
¥ 2.8m
Yusuke Arai
Independent Outside Director4.3yrsno datano data
Naoko Yanaka-Itoh
Independent Outside Director2.3yrsno datano data
5.3yrs
Average Tenure
51yo
Average Age

Experienced Board: 3697's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/27 07:09
End of Day Share Price 2026/02/27 00:00
Earnings2025/11/30
Annual Earnings2025/08/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SHIFT Inc. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuki KanekoBofA Global Research
Moriya KoketsuCitigroup Inc
Jun KatoCLSA