Latest news with #LogProstyle
Yahoo
23-05-2025
- Business
- Yahoo
LogProstyle Proposes Cash Dividend of USD 543 Thousand, or USD 0.023 Per Share
Declaration to be Voted on by Shareholders at June 2025 Annual General Meeting TOKYO, May 23, 2025--(BUSINESS WIRE)--LogProstyle Inc. (NYSE American: LGPS) (the "Company" or "LogProstyle"), headquartered in Minato-ku, Tokyo, Japan, today announced that following resolution by the Board of Directors on May 23, 2025, the Company will formally submit a proposal to the upcoming Annual General Meeting of Shareholders ("AGM") for the distribution of a cash dividend of USD 0.023 per share, or USD 543 thousand in total. The proposed dividend aligns with the Company's policy of returning profits to shareholders, and, if approved by shareholders at the AGM, will be payable on August 5, 2025, to LogProstyle's holders of record at the close of business on July 7, 2025. The ex-dividend date would be July 7, 2025. Declaration and payment of the dividend is subject to shareholder approval at the AGM to be held on June 30, 2025. Yasuyuki Nozawa, Representative Director, President and CEO of LogProstyle said, "This proposed dividend underscores the confidence we have in the Company, our commitment to disciplined capital allocation, and our continuous efforts to deliver long-term sustainable growth." Forward-Looking Statements Disclaimer: This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company's proposed dividend, the AGM, the Company's future financial performance, capital allocation, and shareholder return strategy. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions, changes in market conditions, shareholder approval at the AGM, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company's final prospectus filed pursuant to Rule 424(b)(4) filed with the SEC on March 25, 2025. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. Any references to our website have been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. About LogProstyle Inc. LogProstyle Inc. is involved in a wide range of businesses, including real estate development, hotel management, and restaurant management. With the slogan "redefine life style," the Company is working on various projects with the aim of illustrating an innovative and sustainable lifestyle. LogProstyle is the first unlisted Japanese company to list its Japanese common shares directly on a major United States stock exchange rather than through American Depositary Receipts (ADRs). View source version on Contacts LogProstyle Inc., Investor Relations, ir@ Hayden IR, Corbin Woodhull, corbin@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
23-05-2025
- Business
- Business Wire
LogProstyle Proposes Cash Dividend of USD 543 Thousand, or USD 0.023 Per Share
TOKYO--(BUSINESS WIRE)-- LogProstyle Inc. (NYSE American: LGPS) (the 'Company' or 'LogProstyle'), headquartered in Minato-ku, Tokyo, Japan, today announced that following resolution by the Board of Directors on May 23, 2025, the Company will formally submit a proposal to the upcoming Annual General Meeting of Shareholders ('AGM') for the distribution of a cash dividend of USD 0.023 per share, or USD 543 thousand in total. The proposed dividend aligns with the Company's policy of returning profits to shareholders, and, if approved by shareholders at the AGM, will be payable on August 5, 2025, to LogProstyle's holders of record at the close of business on July 7, 2025. The ex-dividend date would be July 7, 2025. Declaration and payment of the dividend is subject to shareholder approval at the AGM to be held on June 30, 2025. Yasuyuki Nozawa, Representative Director, President and CEO of LogProstyle said, 'This proposed dividend underscores the confidence we have in the Company, our commitment to disciplined capital allocation, and our continuous efforts to deliver long-term sustainable growth.' Forward-Looking Statements Disclaimer: This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company's proposed dividend, the AGM, the Company's future financial performance, capital allocation, and shareholder return strategy. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions, changes in market conditions, shareholder approval at the AGM, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company's final prospectus filed pursuant to Rule 424(b)(4) filed with the SEC on March 25, 2025. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. Any references to our website have been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. About LogProstyle Inc. LogProstyle Inc. is involved in a wide range of businesses, including real estate development, hotel management, and restaurant management. With the slogan "redefine life style," the Company is working on various projects with the aim of illustrating an innovative and sustainable lifestyle. LogProstyle is the first unlisted Japanese company to list its Japanese common shares directly on a major United States stock exchange rather than through American Depositary Receipts (ADRs).
Business Wire
09-05-2025
- Business
- Business Wire
LogProstyle Announces Relocation of Corporate Headquarters and Grand Opening of New Showroom
TOKYO--(BUSINESS WIRE)-- LogProstyle Inc. (the 'Company' or 'LogProstyle') (NYSE American: LGPS), headquartered in Minato-ku, Tokyo, Japan, today announced the relocation of its corporate headquarters and the opening of its latest showroom, both of which are strategically located and represent a significant new milestone following the Company's recent listing on the NYSE American. These movements are aligned with the Company's ongoing efforts to enhance innovation, streamline operations, and deliver greater value to stakeholders. As part of the 'redefine life style' slogan, the Company is promoting various projects with the aim of illustrating an innovative and sustainable lifestyle. Yasuyuki Nozawa, Representative Director, President and CEO of LogProstyle, said, 'The relocation of our headquarters and new showroom is far more than a change in address—it symbolizes a strategic move to accelerate innovation and drive operational excellence, positioning us to better serve our customers.' As part of the relocation, LogProstyle is consolidating its LogSuite Inc., Prostyle Inc., LogAsset Inc., and LogArchitects Inc. group of companies on a single floor in its new headquarters. Bringing together this robust team is expected to significantly enhance cross functional collaboration, expedite decision making, and foster a more creative work environment. In addition, the Company has also opened a new showroom strategically located with direct access to the highly trafficked Aoyama-itchome Station. Opened May 8, 2025, the updated space is designed to improve accessibility and provide an immersive experience that reflects the Company's commitment to sustainability and modern living. The showroom can be accessed via the Ginza Line, Hanzomon Line, or Oedo Line to Aoyama-itchome Station. About LogProstyle Inc. LogProstyle Inc. is involved in a wide range of businesses, including real estate development, hotel management, and restaurant management. With the slogan "redefine life style," the Company is working on various projects with the aim of illustrating an innovative and sustainable lifestyle. LogProstyle is the first unlisted Japanese company to list its Japanese common shares directly on a major United States stock exchange rather than through American Depositary Receipts (ADRs). Forward-Looking Statements Disclaimer: This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations about the strategic impact of its headquarters relocation and showroom opening, anticipated improvements in innovation, operational efficiency, collaboration, decision-making, and customer service, as well as its future plans and initiatives. These statements are based on current expectations, estimates, forecasts, and projections and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, operational challenges, market conditions, regulatory developments, and other factors described in the Company's filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company's final prospectus filed pursuant to Rule 424(b)(4) filed with the SEC on March 25, 2025. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. A references to our website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.
Business Wire
23-04-2025
- Business
- Business Wire
LogProstyle Inc. Celebrates Its IPO With the Ringing of The Closing Bell at The New York Stock Exchange
TOKYO--(BUSINESS WIRE)-- LogProstyle Inc. (the 'Company', or 'LogProstyle'), headquartered in Minato-ku, Tokyo, Japan, is pleased to announce the Company will participate in the closing bell ceremony on the New York Stock Exchange in celebration of the recent IPO. LogProstyle's executive management will be in attendance for this historic event as LogProstyle is the first unlisted company in Japan to list its Japanese common shares directly on a major United States stock exchange instead of American Depositary Receipts (ADRs). Yasuyuki Nozawa, Representative Director, President and CEO of LogProstyle Inc. said, "Listing on the NYSE American is a big step toward realizing our vision and a great opportunity to increase our competitiveness in the global market. Through our IPO listing, we will work with a broader base of companies to transform the future of the real estate industry." In ringing the NYSE closing bell, LogProstyle celebrates its enduring legacy of promoting the fusion of Japanese culture across borders. Join us at 4pm EDT on April 25 and watch the bell ringing ceremony live here at The Bell | NYSE. About LogProstyle Inc. LogProstyle Inc. is a company that operates mainly in hotel management, food and beverage, and real estate development in Japan. With the philosophy of always providing new value to customers, the company provides innovative services that go beyond the boundaries of the industry.
Yahoo
27-03-2025
- Business
- Yahoo
Spartan Capital Securities, LLC Serves as Sole Book-Runner in LogProstyle, Inc.'s $10 Million Initial Public Offering
New York, NY, March 27, 2025 (GLOBE NEWSWIRE) -- Spartan Capital Securities, LLC, a premier investment banking firm, is pleased to announce the successful pricing of the $10 million Initial Public Offering for LogProstyle, Inc. (NYSE American: LGPS). Spartan Capital Securities acted as Sole Book-Runner for the offering of 2,000,000 Japanese common shares at a price of $5.00 per share. The shares began trading on the NYSE American on March 25, 2025, under the ticker symbol 'LGPS.' LogProstyle has also granted underwriters a 45-day option to purchase up to an additional 300,000 shares to cover over-allotments, if any. LogProstyle Inc., headquartered in Japan, operates across real estate development, hotel management, and restaurant operations. The company intends to use the net proceeds from the offering to expand its ProstyleRyokan hotel brand in Japan, the U.S., and the UAE, as well as to scale its real estate renovation and resale business across Asia and the United States. "Once again, the Spartan team has showcased exceptional performance as the Sole Book-Runner," said John Lowry, CEO of Spartan Capital Securities. "It has been an honor to partner with LogProstyle and play a pivotal role in bringing them to the public market. This transaction demonstrates our commitment to introducing international issuers to the U.S. capital markets and supporting their global expansion strategies.' Hunter Taubman Fischer & Li LLC served as U.S. securities counsel to LogProstyle, Inc., while Anthony, Linder & Cacomanolis, PLLC served as U.S. securities counsel to Spartan Capital Securities, LLC. A registration statement on Form F-1 (File No. 333-283286) was declared effective by the U.S. Securities and Exchange Commission on March 24, 2025. The offering is being made only by means of a prospectus, available from the SEC at and from Spartan Capital Securities, LLC, Attn: Prospectus Department, 45 Broadway, 19th Floor, New York, NY 10006, or by email at: investmentbanking@ About Spartan Capital Securities, LLC Spartan Capital Securities, LLC is a premier full-service investment banking firm offering a comprehensive range of advisory services to institutional clients and high-net-worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients' financial goals. For more information, visit Contact: Spartan Capital Securities, LLC 45 Broadway, 19th Floor New York, NY 10006 investmentbanking@ in to access your portfolio
