[Press News]SHIFT Ranked in Asia-Pacific High-Growth Companies

SHIFT Ranked in Asia-Pacific High-Growth Companies

SHIFT Inc. (“SHIFT”, headquartered in Minato-ku, Tokyo, Masaru Tange as CEO and Representative Director) announces that SHIFT has been ranked in “High-Growth Companies 2020 Asia-Pacific,” published in The Financial Times.
Ranks entrants in “High-Growth Companies 2020 Asia-Pacific” comes from across the Asia Pacific by compound annual growth rate (CAGR) in revenue between 2015 and 2018. SHIFT has ranked in 182th place, with 57.3% of CAGR.

Click the link below for further information
https://www.ft.com/content/fc4c8f98-7352-11ea-95fe-fcd274e920ca

Three reasons lie in the high growth rate between FY2015 and FY2018.
– Increase in the number of engineers by strategically enhancing recruiting activities from FY2017. This led to rise in the unit price for engineer and stable organic growth.
– An inorganic growth by establishing three new group companies, acquiring two new companies and pushing up net sales of group companies through PMI
– Customers in financial sector expanded. It reached the increase in both the number of new customers and net sales per customer.

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This article cites https://en.shiftinc.jp/news_en/shift-ranked-in-asia-pacific-high-growth-companies/
If there is any discrepancy from the original release note, the original version prevails.
For questions, you may reach IR Manager at SHIFT Inc. via Email.
Email: ir_info@shiftinc.jp
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