SHINTO Holdings, Inc. will remove Eishin Shoji from its consolidated subsidiaries and transfer 5,600 shares of the company to Chairman Takuya Fukuda to terminate the parent-subsidiary relationship. The transfer price is 448,000,000 yen, and the execution date is scheduled for 2026-10-29. A claim waiver of 66,877,800 yen is a separate transaction from the consideration.<\/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,"price_fetched_at":"","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, Inc.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2776-20261028-01.pdf","jir_short_summary":"SHINTO Holdings, Inc. will remove Eishin Shoji from its consolidated subsidiaries and transfer 5,600 shares of the company to Chairman Takuya Fukuda to terminate the parent-subsidiary relationship. The transfer price is 448,000,000 yen, and the execution date is scheduled for 2026-10-29. A claim waiver of 66,877,800 yen is a separate transaction from the consideration.","jir_summary":"### Background and Purpose\nSHINTO Holdings, Inc. has held Eishin Shoji as a consolidated subsidiary, but due to differences in information sharing and management control systems that have caused ongoing issues, the company chose a policy of allowing independent management. It determined that the relationship is not conducive to the medium- to long-term business operations of both companies and decided to terminate the parent-subsidiary relationship. The transferee will be Takuya Fukuda, Chairman of Eishin Shoji, who is also a major shareholder of SHINTO.\n\n### Overview and Outlook of the Transaction\nSHINTO will transfer 5,600 common shares of Eishin Shoji to Mr. Fukuda, and Eishin Shoji is expected to be removed from SHINTO's consolidated subsidiaries. The transfer consideration is 448,000,000 yen. The transfer execution date is scheduled for 2026-10-29. The claim waiver of 66,877,800 yen will be accepted as a transaction separate from the share transfer consideration and treated as part of the transaction conditions. A loss on sale of equity interests is expected to be recorded in the consolidated financial results for the third quarter of the fiscal year ending January 2027, but the amount is under review.","jir_financial_highlights":"Transfer price: 448,000,000 yen (Unknown)\nShareholding after transfer of Eishin Shoji: 0 shares (Unknown)","jir_category":"","jir_hashtags":"#SHINTOHoldings, #ShareTransfer","jir_key_figures":"Transfer price: 448,000,000 yen\nNumber of shares transferred: 5,600 shares\nScheduled execution date of transfer: 2026-10-29","jir_meta_title":"SHINTO Holdings, Inc. Announces Termination of Parent-Subsidiary Relationship and Share Transfer of Eishin Shoji\uff5cOctober 2026","jir_meta_description":"SHINTO Holdings, Inc. has decided to terminate its consolidated subsidiary relationship with Eishin Shoji. 5,600 shares will be transferred to Takuya Fukuda for a consideration of 448 million yen. The claim waiver will be executed as a separate transaction. The impact on consolidated results is under review.","jir_og_title":"Decision to Terminate Parent-Subsidiary Relationship with Eishin Shoji\uff5cShare Transfer for 448 million yen","jir_og_description":"SHINTO Holdings, Inc. will remove Eishin Shoji from its consolidated subsidiaries by transferring shares. Total transfer consideration is 448 million yen; execution date scheduled for 2026-10-29. The claim waiver is treated separately.","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":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-135485","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n