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Shift Consolidates Back-Office Functions, Merges Three Subsidiaries

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Software developer Shift (TYO:3697) decided to consolidate the back-office functions of 15 group companies through an absorption-type company split, with Shift as the succeeding company.

The back-office consolidation targets functions such as human resources and treasury across subsidiaries, according to a Tokyo bourse filing on Tuesday.

This follows Shift's standalone achievement of reducing back-office manhours through AI agents by breaking down operations into 892 individual tasks.

The reorganization also includes an absorption-type merger among three consolidated subsidiaries, with ALH as the surviving company absorbing SPST and TRUST BRAIN, effective Sept. 1.

No new shares or consideration will be issued for either the company split or the merger, as both are intra-group transactions.

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