^Most likely it is. I haven't owned or handled Shinki shell shuus, but I've read that their horse's ass is thinner than Horween's, and not quite as shiny but with more colours. The Japanese shoemakers' thread has many photos if you've the time to read through the whole shebang.
j ingevaldsson, if these Vass Dainite soles are machine-sewn, how do you explain the uneven stitch size and shape? Even St. Crispin's machine-cranked soles have tidy stitches.