{
 "as_of": "2026-11-06",
 "cmr": "jp-cm-kg/TSE-PRIME/3697",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SHIFT Inc. (Prime Market: 3697) — research page\n\nAs of 2026-11-06 · jp-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is SHIFT Inc., listed on the Prime Market under ticker 3697. Its LEI is 353800HJXMOPLJ7BO262 and its ISIN is not on the record (GLEIF maps no ISIN to this LEI). Its security type is Corporate, its segment is not on the record, its sector is 5250 Information & Communication, and its jurisdiction is Japan (EDINET domestic filer). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 37 filings on 22 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 19 ad hoc, 3 corporate news, 5 prospectus, 8 regulatory filing and 2 results filings. The median gap between filing days is 11 days. The latest filing is an ad hoc filing dated 2026-10-27, 10 days before the record date of 2026-11-06. The Prime Market median is 10 filings, a median cadence gap of 29.0 days and a median latency of 70.0 days. The sector 5250 Information & Communication median is 8.0 filings, a median cadence gap of 38 days and a median latency of 85.0 days.\n\n## Auditor\n\nThe auditor of record is EY新日本有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.\n\n## Events and halts\n\nThe record does not carry listing, delisting, name change, domicile change or segment move lines, because no lifecycle type map exists for this register yet. The halt flag is listed, not halted.\n\n## Orderability\n\nFor the client category Qualified Institutional Investors, the outcome is not determinable (signal null). The reason given is that the rule states a product scope and the subject's record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, with chapter as-of date 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 13 research houses: Citigroup Global Markets Japan, Daiwa Securities, Goldman Sachs Japan, ICHIYOSHI RESEARCH INSTITUTE, IwaiCosmo Securities, Jefferies, J.P. Morgan Securities, Mizuho Securities, Morgan Stanley MUFG Securities, SBI SECURITIES, Storm Research, Morgan Stanley and MUFG Securities.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx (identity.exchange)\n- https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip (identity.jurisdiction)\n- https://api.gleif.org/api/v1/lei-records/353800HJXMOPLJ7BO262 (identity.lei)\n- https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3697 (the disclosure lines)\n- https://www.jpx.co.jp/markets/equities/suspended/index.html (the halt flag)\n- https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100X63F (the auditor)\n- https://mcp.jp-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://en.shiftinc.jp/ir/stock/analyst/ (coverage)\n- https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3697 (the record)\n",
 "market": "JP",
 "node": "jp-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the JP vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "read_by": "EDINET XBRL-to-CSV facts (API v2 type=5, 有価証券報告書 docTypeCode 120) — element jpcrp_cor:AuditFirm1Consolidated",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100X63F",
    "state": "sourced",
    "value": "EY新日本有限責任監査法人"
   },
   "auditor_firm_id": {
    "market": "JP",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "JP",
    "state": "not_on_record"
   },
   "changes": {
    "market": "JP",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "jp-cm-kg/TSE-PRIME/3697",
  "coverage": {
   "count": 13,
   "houses": [
    {
     "analyst": "Moriya Koketsu",
     "house": "Citigroup Global Markets Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Makoto Ueno",
     "house": "Daiwa Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Chikai Tanaka",
     "house": "Goldman Sachs Japan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Teruo Isozaki",
     "house": "ICHIYOSHI RESEARCH INSTITUTE",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Tomoaki Kawasaki",
     "house": "IwaiCosmo Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Hiroko Sato",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Matthew Henderson",
     "house": "J.P. Morgan Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Yusuke Hori",
     "house": "Mizuho Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Tetsuro Tsusaka",
     "house": "Morgan Stanley MUFG Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Makoto Hatada",
     "house": "SBI SECURITIES",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Team Coverage",
     "house": "Storm Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    },
    {
     "analyst": "Tetsuro Tsusaka",
     "house": "MUFG Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://en.shiftinc.jp/ir/stock/analyst/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://en.shiftinc.jp/ir/stock/analyst/",
     "result": "read: 13 of 23 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 1557,
     "median_cadence_gap_days": 29,
     "median_filings": 10,
     "median_latency_days": 70,
     "name": "Prime Market"
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    "sector": {
     "issuers": 644,
     "median_cadence_gap_days": 38,
     "median_filings": 8,
     "median_latency_days": 85,
     "name": "5250 Information & Communication"
    }
   },
   "by_type": {
    "ad_hoc": 19,
    "corporate_news": 3,
    "prospectus": 5,
    "regulatory_filing": 8,
    "results": 2
   },
   "cadence_median_gap_days": 11,
   "filing_days": 22,
   "filings": 37,
   "latency_days": 10,
   "latest": [
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-10-27",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100ZA5A",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-10-15",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z8D9",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-10-15",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z8D1",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-08-25",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YYI3",
     "title": "臨時報告書",
     "type": "ad_hoc"
    },
    {
     "category": "臨時報告書 (extraordinary report)",
     "date": "2026-08-25",
     "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YYHY",
     "title": "臨時報告書",
     "type": "ad_hoc"
    }
   ],
   "latest_filing_date": "2026-10-27",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3697",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
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  "identity": {
   "exchange": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "Prime Market"
   },
   "isin": {
    "market": "JP",
    "reason": "GLEIF maps no ISIN to this LEI",
    "state": "not_on_record"
   },
   "jurisdiction": {
    "read_by": "EDINET code list (Edinetcode.zip, filer master with corporate number) (提出者種別)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip",
    "state": "sourced",
    "value": "Japan (EDINET domestic filer)"
   },
   "lei": {
    "read_by": "GLEIF registeredAs = EDINET corporate number (RA000412; GLEIF golden copy 2026-09-12)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/353800HJXMOPLJ7BO262",
    "state": "sourced",
    "value": "353800HJXMOPLJ7BO262"
   },
   "name": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "SHIFT Inc."
   },
   "sector": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English) (33-sector classification)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "5250 Information & Communication"
   },
   "security_type": {
    "read_by": "JPX listed-issuers workbook (data_e.xlsx, English)",
    "read_date": "2026-11-06",
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    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
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   },
   "segment": {
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    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx",
    "state": "sourced",
    "value": "3697"
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   "website": {
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    "state": "not_on_record"
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    "date",
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   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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  "market": "JP",
  "node": "jp-cm-kg",
  "numbers_hash": "sha256:7fc6769827be6e606dabab2d6bce4d010b86c6ee18494ac2df7a5216785fde6e",
  "open_research": {
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   "rows": [],
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   "client_categories": [
    "Qualified Institutional Investors"
   ],
   "outcomes": {
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     "determinable": false,
     "reason": "the rule states a product scope and the subject's record carries no instrument class to place within it",
     "signal": null
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.jp-cm-kg.ai/book/aio.json",
    "door": "https://mcp.jp-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/jp/suitability-principle-fiea-article-40/r1",
   "section": "jp.aio.v6"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3697",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html",
   "value": "listed, not halted"
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 },
 "numbers_hash": "sha256:7fc6769827be6e606dabab2d6bce4d010b86c6ee18494ac2df7a5216785fde6e",
 "path": "/jp/TSE-PRIME/3697",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is SHIFT Inc., listed on the Prime Market under ticker 3697. Its LEI is 353800HJXMOPLJ7BO262 and its ISIN is not on the record (GLEIF maps no ISIN to this LEI). Its security type is Corporate, its segment is not on the record, its sector is 5250 Information & Communication, and its jurisdiction is Japan (EDINET domestic filer). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 37 filings on 22 filing days in the window 2025-11-06 to 2026-11-06. By type, the record holds 19 ad hoc, 3 corporate news, 5 prospectus, 8 regulatory filing and 2 results filings. The median gap between filing days is 11 days. The latest filing is an ad hoc filing dated 2026-10-27, 10 days before the record date of 2026-11-06. The Prime Market median is 10 filings, a median cadence gap of 29.0 days and a median latency of 70.0 days. The sector 5250 Information & Communication median is 8.0 filings, a median cadence gap of 38 days and a median latency of 85.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is EY新日本有限責任監査法人. Its location is not on the record. Auditor changes are not on the record.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record does not carry listing, delisting, name change, domicile change or segment move lines, because no lifecycle type map exists for this register yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For the client category Qualified Institutional Investors, the outcome is not determinable (signal null). The reason given is that the rule states a product scope and the subject's record carries no instrument class to place within it. The rule version is acm-68000/jp/suitability-principle-fiea-article-40/r1, with chapter as-of date 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 13 research houses: Citigroup Global Markets Japan, Daiwa Securities, Goldman Sachs Japan, ICHIYOSHI RESEARCH INSTITUTE, IwaiCosmo Securities, Jefferies, J.P. Morgan Securities, Mizuho Securities, Morgan Stanley MUFG Securities, SBI SECURITIES, Storm Research, Morgan Stanley and MUFG Securities.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.jpx.co.jp/english/markets/statistics-equities/misc/tvdivq0000001vg2-att/data_e.xlsx"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://disclosure2dl.edinet-fsa.go.jp/searchdocument/codelist/Edinetcode.zip"
  },
  {
   "for": "identity.lei",
   "source": "https://api.gleif.org/api/v1/lei-records/353800HJXMOPLJ7BO262"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.jp-cm-kg.ai/events/TSE-PRIME/3697"
  },
  {
   "for": "the halt flag",
   "source": "https://www.jpx.co.jp/markets/equities/suspended/index.html"
  },
  {
   "for": "the auditor",
   "source": "https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100X63F"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.jp-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://en.shiftinc.jp/ir/stock/analyst/"
  },
  {
   "for": "the record",
   "source": "https://mcp.jp-cm-kg.ai/record/TSE-PRIME/3697"
  }
 ],
 "title": "SHIFT Inc. (3697) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}