---
title: "SHIFT: Net sales up 21.4% year-over-year, but profit margins declined amid higher costs and M&A activity"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292722224.md"
description: "Net sales grew 21.4% year-over-year to ¥115,848 million, driven by robust sales and M&A, while operating profit declined 4.3% due to higher hiring costs. The company forecasts continued strong growth and will commence dividend payments, but faces margin pressure and economic uncertainties.Original document: SHIFT, Inc. [3697] Interim report — Jul. 15 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-07-15T06:37:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292722224.md)
  - [en](https://longbridge.com/en/news/292722224.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292722224.md)
generator: "portal-rs"
---

# SHIFT: Net sales up 21.4% year-over-year, but profit margins declined amid higher costs and M&A activity

Net sales grew 21.4% year-over-year to ¥115,848 million, driven by robust sales and M&A, while operating profit declined 4.3% due to higher hiring costs. The company forecasts continued strong growth and will commence dividend payments, but faces margin pressure and economic uncertainties.

Original document: SHIFT, Inc. \[3697\] Interim report — Jul. 15 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**