Komori
SHINTO Holdings (2776) · FactRestated

Transition from a single apparel business to a two-business structure that includes real estate-related services

First written in FY2018. 16 of 26 entries say "Restated". Latest entry: FY2027-H1.

26entries
9years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q2 – FY2021-Q3AdvancedFY2024 – FY2025-H12018: 420182019: 420192020: 220202021: 320212022: 420222023: 320232024: 220242025: 120252026: 32026
Same theme, other companies
Diversification from Apparel into Real Estate, Recycling and Other BusinessesA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2027-H1RestatedAnnual report

    「From the current interim consolidated accounting period, the Company changed its reporting segments from the previous 3 categories of Trading Business, Apparel Business, and Real Estate-Related Services Business to 4 categories: Metal Recycling Business, Plastic Recycling Business, Real Estate-Related Services Business, and Other.」

    The company continues to maintain and disclose a business structure comprising 4 categories: Metal Recycling, Plastic Recycling, Real Estate-Related Services, and Other.
  2. 2026-06-11ReframedEarnings

    「Beginning with the first quarter of the consolidated fiscal year under review, we changed the reportable segments from the previous 3 categories of Trading Business, Apparel Business, and Real Estate-Related Services Business to 4 categories: Metal Recycling Business, Plastic Recycling Business, Real Estate-Related Services Business, and Other.」

    The company continues to explicitly disclose the change from the previous year's reportable segments to 4 categories in its first-quarter earnings report.
  3. FY2026RestatedAnnual report

    「The Group has changed the classification of its reportable segments beginning with the current consolidated fiscal year.」

    The change to reporting segments comprising 4 categories—Metal Recycling, Plastic Recycling, Real Estate-Related Services, and Other—continues to be disclosed, following the previous interim period.
  4. FY2026-H1ReframedAnnual report

    「From the current interim consolidated accounting period, the Company changed its reporting segments from the previous 3 categories of Trading Business, Apparel Business, and Real Estate-Related Services Business to 4 categories: Metal Recycling Business, Plastic Recycling Business, Real Estate-Related Services Business, and Other.」

    The reporting segments were changed from the previous 3 categories of Apparel, Real Estate, and Trading to 4 categories: Metal Recycling, Plastic Recycling, Real Estate-Related Services, and Other. The purpose is to better reflect the business, clarify the management approach, and accelerate decision-making on the growth strategy in light of the increased weighting of Trading.
  5. FY2025-H1AdvancedAnnual report

    「During the current interim consolidated accounting period, the Company acquired a 50.1% interest in 株式会社北山商事 through a simplified share delivery and made it a subsidiary. As a result, as of 31 July 2024, the Group consisted of the Company and 4 subsidiaries.」

    The Group has progressed from its existing business structure centered on Apparel, Real Estate-Related Services, and Trading to a structure comprising 4 subsidiaries, with 北山商事 added.
  6. FY2024AdvancedAnnual report

    「株式会社豊都マテリアルズ, formerly a consolidated subsidiary, was excluded from the scope of consolidation upon liquidation effective 25 December 2023.」

    While maintaining the existing three-business structure, the composition of the consolidated subsidiaries was streamlined following the liquidation of 豊都マテリアルズ. Following the filing, a resolution was also passed to make 北山商事 a subsidiary through a share delivery.
  7. FY2024-Q3RestatedAnnual report

    「There were no material changes in the nature of the businesses conducted by the Group, including the Company and its affiliated companies, during the cumulative third quarter. There were also no changes among the major affiliated companies.」

    The company continues to explain that there have been no material changes in its business composition centered on the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  8. FY2024-Q2RestatedAnnual report

    「There were no material changes in the nature of the businesses conducted by the Group (the Company and its affiliated companies) during the cumulative second quarter of the current consolidated fiscal period. There were also no changes among the principal affiliated companies.」

    The company continues to explain that there have been no material changes in its business composition centered on Apparel, Real Estate-Related Services, and Trading.
  9. FY2023AdvancedAnnual report

    「The Group (the Company and its affiliates) consists of the Company and 4 consolidated subsidiaries. The consolidated subsidiaries are 上海鋭有商貿有限公司 and 株式会社大都商会, both wholly owned subsidiaries of the Company, 豊都マテリアルズ株式会社, in which 株式会社大都商会 holds a 51% interest, and 北都金属新材料株式会社, established in December 2023 with the Company holding a 51% interest.」

    In addition to the existing business structure of Apparel, Real Estate-Related Services, and Trading, the Group has progressed to a structure that includes 北都金属新材料株式会社, which is responsible for the metals business, as a consolidated subsidiary.
  10. FY2023-Q3RestatedAnnual report

    「There were no material changes in the nature of the businesses conducted by the Group, including the Company and its affiliated companies, during the cumulative third quarter. There were also no changes among the major affiliated companies.」

    The company continues to explain that there have been no material changes in its business composition centered on the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  11. FY2023-Q2RestatedAnnual report

    「There were no material changes in the nature of the businesses conducted by the Group (the Company and its affiliated companies) during the cumulative second quarter of the current consolidated fiscal period. There were also no changes among the principal affiliated companies.」

    The company continues to explain that there have been no material changes in its business composition centered on the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  12. FY2023-Q1RestatedAnnual report

    「During the cumulative first quarter under review, there were no material changes in the nature of the businesses conducted by our Group, comprising the Company and its affiliated companies. In addition, there were no changes among our principal affiliated companies.」

    The company continues to explain that there have been no material changes in its business composition centered on Apparel, Real Estate-Related Services, and Trading.
  13. FY2022AdvancedAnnual report

    「Through these measures, we are working diligently to accelerate our principal Trading Business and expand the scale of our operations.」

    While maintaining the three-business structure of Apparel, Real Estate, and Trading, the Trading Business, including plastic resin processing and sales by 株式会社大都商会 and 豊都マテリアルズ, is positioned as the principal business.
  14. FY2022-Q2RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group during the cumulative second quarter of the current consolidated fiscal year. Changes among the principal affiliates are as follows.」

    The company continues to explain that there have been no material changes in its business composition centered on the Apparel Business, Real Estate-Related Services Business, and Trading Business. Meanwhile, 大都商会 and 豊都新材料 are included within the scope of consolidation of the Trading Business segment.
  15. FY2022-Q1AdvancedAnnual report

    「In addition, 株式会社豊都新材料, in which our consolidated subsidiary 株式会社大都商会 holds a 51% interest, was established on 22 March 2021, and we decided to include both companies in the scope of consolidation.」

    In addition to the existing three-business structure of Apparel, Real Estate-Related Services, and Trading, the Group is progressing toward including 豊都新材料, which is involved in the plastic recycling business, within the scope of consolidation.
  16. FY2021AdvancedAnnual report

    「In addition, its Chinese subsidiary engages in the planning and sale of uniforms.」

    While maintaining the existing three reporting segments of Apparel, Real Estate-Related Services, and Trading, the Group has progressed to a structure in which it conducts plastic resin processing and sales within the Trading Business following the full acquisition of 大都商会.
  17. FY2021-Q3RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the cumulative third quarter of the current consolidated fiscal year. There were also no changes among the principal affiliates.」

    The company continues to explain that there have been no material changes in its business composition comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business. The full acquisition of 大都商会 is described as a subsequent event.
  18. FY2021-Q2RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the cumulative second quarter of the current consolidated fiscal year. There were also no changes among the principal affiliates.」

    The company states that there have been no material changes in its three-business structure comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  19. FY2020-Q3RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the cumulative third quarter of the current consolidated fiscal year. There were also no changes among the principal affiliates.」

    The company states that there have been no material changes in its business composition comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  20. FY2020-Q2RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the cumulative second quarter of the current consolidated fiscal year.」

    The company states that there have been no material changes in its three-business structure comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  21. FY2020-Q1RestatedAnnual report

    「There were no material changes in the businesses conducted by the Group (the Company and its affiliates) during the cumulative first quarter of the current consolidated fiscal year.」

    The company states that there have been no material changes in its business composition comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  22. FY2019RestatedAnnual report

    「The Group's principal businesses are the Apparel Business, Real Estate-Related Services Business, and Trading Business.」

    The company continues to disclose its three-business structure comprising the Apparel Business, Real Estate-Related Services Business, and Trading Business.
  23. FY2019-Q3RestatedAnnual report

    「Regarding the businesses operated by the group, comprising the company and its affiliates, during the cumulative third quarter of the current consolidated fiscal year, import and export operations involving daily necessities and other products with Chinese companies began in the first quarter, and the trading business was newly added as a reportable segment.」

    The group continues to disclose a business structure comprising three reportable segments: apparel, real estate-related services, and trading.
  24. FY2019-Q2RestatedAnnual report

    「Regarding the businesses operated by the group, comprising the company and its affiliates, during the cumulative second quarter of the current consolidated fiscal year, import and export operations involving daily necessities and other products with Chinese companies began in the first quarter, and the trading business was newly added as a reportable segment.」

    The group continues to disclose a business structure comprising three reportable segments: apparel, real estate-related services, and trading.
  25. FY2019-Q1AdvancedAnnual report

    「During the cumulative first quarter of the current consolidated fiscal year, the group, comprising the company and its affiliates, began import and export operations involving daily necessities and other products with Chinese companies and newly added the trading business as a reportable segment.」

    In addition to the apparel and real estate-related services businesses, the trading business was added as the third reportable segment following the start of import and export operations with Chinese companies.
  26. FY2018First statedAnnual report

    「The group previously operated as a single segment comprising businesses related to apparel textile products, mainly casual wear, under brands for which it held ownership and usage rights. From the current consolidated fiscal year, it newly added the real estate-related services business as a reportable segment.」

    The business structure and disclosure categories changed from a single apparel segment to two reportable segments with the addition of the real estate-related services business.
Moved together

"Reducing selling, general and administrative expenses and improving the cost structure" moved the same way as this thread, in the same document, in 5 of its 26 moves.

554333★123456
  1. ★This thread
  2. 1Reducing selling, general and administrative expenses and improving the cost structure5×
  3. 2Improving the financial condition by considering funding options5×
  4. 3Launch of an import-export trading business for household goods, polyethylene terephthalate and related products4×
  5. 4Cash outflows from operating activities and a decline in cash and cash equivalents3×
  6. 5Accelerating the development of new businesses3×
  7. 6Launch of Trading Operations and Recognition of Initial Profit3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for SHINTO Holdings yet. It last moved in the Earnings of 2026-06-11: "Reframed".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.