Shinto Holdings has changed the use of funds due to a discrepancy between the use of funds disclosed on October 30, 2024 and the actual deployment. The allocation destinations for funds raised through new shares and stock acquisition rights were reconsidered, revealing that funds were actually deployed to procure raw materials for steel and non-ferrous metals, as well as for working capital, debt repayment, and loans. As a preventive measure, plans include maintaining a management ledger, dedicated accounts, double-checks before payments, pre-briefing to the board and timely disclosure, monthly verifications, internal audits, and staff training. There is no impact on consolidated results.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2776","jir_company_name":"Shinto Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2776-20260819-01.pdf","jir_short_summary":"Shinto Holdings has changed the use of funds due to a discrepancy between the use of funds disclosed on October 30, 2024 and the actual deployment. The allocation destinations for funds raised through new shares and stock acquisition rights were reconsidered, revealing that funds were actually deployed to procure raw materials for steel and non-ferrous metals, as well as for working capital, debt repayment, and loans. As a preventive measure, plans include maintaining a management ledger, dedicated accounts, double-checks before payments, pre-briefing to the board and timely disclosure, monthly verifications, internal audits, and staff training. There is no impact on consolidated results.","jir_summary":"### Overview of change in use of funds\nIn reviewing the actual deployment against the funds-use disclosed on October 30, 2024, it was found that, unlike the planned allocations to Kitayama Trading and Daitsu Trading, the funds were directly allocated to the company\u2019s procurement financing. For the 7th and 8th stock acquisition rights, funds were reallocated to metals, working capital, and debt repayment, resulting in a mismatch in fund use.\n\n### Prevention measures and future actions\nWe will strengthen internal controls through dedicated fund management accounts, maintenance of procurement fund ledgers, monthly cash in\/out reconciliations and staff training, pre-payment double-checks, pre-briefing to the Board and timely disclosure, and verification through internal audits. Going forward, monthly reporting and timely disclosure will be maintained.","jir_financial_highlights":"Total raised funds: Unknown (Unknown)\nActual allocation amount (allocation via new shares): Unknown (Unknown)","jir_category":"","jir_hashtags":"Shinto Holdings Fund Management, Change in Use of Funds, Disclosure Update","jir_key_figures":"Unknown: Total raised funds\nUnknown: Actual allocation amount (allocation via new shares)\nUnknown: Allocation amount for working capital and debt repayment","jir_meta_title":"Shinto Holdings: Notice of Change in Use of Funds | August 2026","jir_meta_description":"Shinto Holdings announces a change in use of funds, reviewing the allocation of raised funds and reinforcing preventive measures. Details on future actions and impact.","jir_og_title":"Shinto Holdings: Notice of Change in Use of Funds | August 2026","jir_og_description":"Disclosure of changes in use of funds and preventive measures. Explains revised allocation destinations and strengthened timely disclosure, and the impact on investors and future actions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59537,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-105396","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n