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SHIFT Company name : Stock exchange listing : URL : Representative : Contact : Phone : Consolidated Financial Results for the Year Ended August 31 , 2021 [ Japanese GAAP ] October 12 , 2021 + 81-3-6809-1165 Scheduled date of the general annual meeting of shareholders : November 26 , 2021 Scheduled date of commencing dividend payments : None Scheduled date of filing annual securities report : November 29 , 2021 Availability of supplementary briefing material on quarterly financial results : Available Financial results briefing session : Scheduled ( for investors and analysts ) SHIFT , Inc. Tokyo Stock Exchange https://www.shiftinc.jp Masaru Tange , President and CEO Taichi Hattori , Executive Officer and CFO Year ended August 31 , 2021 August 31 , 2020 ( Note ) Comprehensive income : Year ended August 31 , 2021 August 31 , 2020 ( Amounts of less than one million yen are rounded down . ) 1. Consolidated Financial Results for the Year Ended August 31 , 2021 ( September 1 , 2020 to August 31 , 2021 ) ( 1 ) Consolidated Operating Results Year ended August 31 , 2021 August 31 , 2020 2. Dividends Million yen 46,004 28,712 Yen 162.71 104.50 ( Note ) Gain ( loss ) on equity - method investments : Year ended August 31 , 2021 August 31 , 2020 ( Reference ) Shareholders ' equity : % 69.8 52.8 For the year ended August 31 , 2021 : ¥ 2,995 million ( up 58.3 % year on year ) For the year ended August 31 , 2020 : ¥ 1,892 million ( up 78.9 % year on year ) Basic earnings Diluted earnings Return on equity Ordinary profit to per share per share total assets Year ended / ending August 31 , 2020 August 31 , 2021 August 31 , 2022 ( Forecast ) First half Full year % 60.2 47.0 Total assets ( Percentage changes are in comparison with the same period of the previous fiscal year . ) Profit attributable to Net sales Operating profit Ordinary profit Million yen Million yen 3,994 4,736 2,353 2,535 Million yen 34,272 19,821 Yen 158.52 96.91 % 17.1 17.2 For the year ended August 31 , 2021 : For the year ended August 31 , 2020 : ( Note ) In calculating the average number of shares of the Company's common stock during the period , which is used for calculating basic earnings per share and diluted earnings per share , the shares of treasury stock excluded include the average number of shares of the Company's stock held in the stock benefit - type ESOP trust account . ( 2 ) Consolidated Financial Position Cash flows from operating activities Code number : Million yen 4,758 2,250 Net assets 2nd 1st quarter - end quarter - end Yen Yen 0.00 0.00 0.00 Annual dividends Million yen 22,683 10,781 Cash flows from investing activities 3rd quarter - end Yen Million yen ( 5,432 ) ( 5,926 ) Net sales Operating profit Million yen % Million yen 29,000 42.9 2,400 63,000 36.9 5,700 Year - end As of August 31 , 2021 : ¥ 22,389 million As of August 31 , 2020 : ¥ 10,511 million ( Note ) In calculating the number of shares of the Company's common stock at the end of the period , which is used for calculating net assets per share , the shares of treasury stock excluded include the year - end number of shares of the Company's stock held in the stock benefit - type ESOP trust account . ( 3 ) Consolidated Cash Flows 3697 Yen 0.00 0.00 0.00 Equity ratio −1 Total Yen 0.00 0.00 0.00 % 86.8 64.1 Cash flows from financing activities Ordinary profit % Million yen 61.2 2,400 42.7 5,700 % 65.3 53.0 3. Consolidated Financial Results Forecast for the Fiscal Year Ending August 31 , 2022 ( September 1 , 2021 to August 31 , 2022 ) 24.8 20.3 Million yen 8,286 1,510 Total dividends MEN Million yen AUBIRA % 17.5 14.6 FASF owners of parent Million yen 2,818 1,648 % 71.0 69.9 Operating profit margin Consolidated dividend payout ratio % % 38.1 31.3 Net assets per share Yen % 8.7 8.2 1,277.48 661.65 Cash and cash equivalents at year - end ( Percentage changes are in comparison with the same period of the previous fiscal year . ) Profit attributable to Basic earnings owners of parent per share % Million yen 1,500 3,700 Million yen 14,147 6,524 ends to net assets % Yen 85.58 211.11