"LogProstyle†), a leading real estate renovation and resale, development, hotel and restaurant management company, today announced that it will process a refund of Japanese withholding income tax in connection with the cash dividend described below, as previously disclosed by the Company on July 7, 2025. Cash Dividend Parameters: Record Date: July 7, 2025 Payment Date: August 5, 2025 Dividend per Share: US$0.023 Ca. TOKYO--(BUSINESS WIRE)--LogProstyle Inc. (NYSE American: LGPS) (the "Company†or ...

Core Viewpoint - LogProstyle Inc. reported its first half fiscal year 2026 financial results, showing resilience in its business model despite a slight decline in revenue, with significant margin expansion and profit growth attributed to effective cost management and a strong hospitality sector driven by inbound tourism [2][3][4]. Financial Performance - Revenue for the first half of fiscal year 2026 was JPY10,324 million (US$69.8 million), a decrease of 2% from JPY10,518 million in the previous year [3][4]. - Gross profit increased by 25% to JPY2,196 million (US$14.8 million), with gross margin expanding by 463 basis points to 21.3% from 16.6% [4][5]. - Operating income rose by 31% to JPY884 million (US$6 million), with operating margin increasing by 217 basis points to 8.6% [4][6]. - Net income for the period reached JPY494 million (US$3.3 million), up 34% from JPY369 million [7][4]. - Basic earnings per share increased by JPY3.85 to JPY20.90 (US$0.14), and diluted earnings per share rose by JPY3.63 to JPY20.68 (US$0.14) [7][4]. Revenue Breakdown - Real estate revenue was JPY9,498 million (US$64.2 million), showing stability compared to JPY9,627 million in the previous year, with a slight decline attributed to fewer units sold [3][15]. - Hotel revenue increased by 10.7% to JPY642 million (US$4.3 million), driven by improved occupancy rates from 68.2% to 70.8% and higher average daily rates [5][15]. Operational Highlights - The company is focused on strengthening its balance sheet, accelerating development pipelines, and enhancing operational efficiency [2]. - LogProstyle announced plans for a new hotel in Asakusa, Tokyo, expected to open in October 2028, expanding its presence in key tourism markets [11]. - The company engaged Mitsubishi UFJ Morgan Stanley Securities to enhance liquidity and access to global investors [11]. Cash and Assets - Cash and cash equivalents decreased to JPY1,161 million (US$7.8 million) from JPY2,121 million at the end of the previous fiscal year [8]. - Total assets increased to JPY23,354 million from JPY22,484 million, with total liabilities rising to JPY19,383 million [10].

Group 1 - The company is expanding its presence in the Tokyo metro area [1]

Revenue Growth - Total revenue for fiscal year 2025 reached JPY20,651 million (US$138 million), an increase of 46% compared to JPY14,122 million in fiscal year 2024[1] - Real estate revenue increased by 52% to JPY18,819 million (US$126 million), driven by a 73% increase in the number of units sold[9] - Hotel revenue rose by 20% to JPY1,249 million (US$8 million), supported by a 390 basis point increase in occupancy rate to 74.7%[9] - Total revenue for the fiscal year ended March 31, 2025, was ¥20,650,916, representing a 46% increase from ¥14,121,840 in the previous year[23] - The real estate segment generated ¥18,819,041 in revenue, a 52% increase year-over-year, while the hotel segment saw a 20% increase to ¥1,248,784[23] Profitability - Gross profit increased by 34% to JPY3,559 million (US$24 million), with gross margin declining to 17.2% from 18.8%[10] - Gross profit increased to ¥3,559,270 for the fiscal year ended March 31, 2025, up from ¥2,651,889, reflecting a gross margin improvement[19] - Operating income for fiscal year 2025 was JPY1,343 million (US$9 million), up 43% from JPY939 million in fiscal year 2024[11] - Net income surged 133% to JPY754 million (US$5 million) from JPY324 million, with earnings per share increasing by ¥19.39 to ¥34.76 (US$0.23)[12] - Net income for the fiscal year ended March 31, 2025, was ¥753,621, a significant increase from ¥323,605 in the prior year[19] - Earnings per share rose to ¥34.76 for the fiscal year ended March 31, 2025, compared to ¥15.37 in the previous year[19] Cash Flow and Financial Position - Cash and cash equivalents at March 31, 2025, were JPY2,121 million (US$14 million), up from JPY1,218 million at March 31, 2024[12] - Cash flows from operating activities for the fiscal year ended March 31, 2025, were ¥804,637, a recovery from a cash outflow of ¥2,083,273 in the previous year[21] - The company reported a net cash increase of ¥902,274 for the fiscal year ended March 31, 2025, compared to an increase of ¥805,890 in the prior year[21] Strategic Initiatives - LogProstyle established a new subsidiary, "LogProstyle US Inc.," in December 2024 to support its global expansion strategy[16] - A Memorandum of Association was signed with the Dubai Department of Economy and Tourism to establish "LogProstyle Dubai," marking a strategic entry into the UAE market[16] - The company plans to continue expanding its real estate and hotel management businesses, focusing on innovative and sustainable lifestyle projects[25] - LogProstyle Inc. is the first unlisted Japanese company to list its common shares directly on a major U.S. stock exchange, enhancing its market presence[25] Comprehensive Income - Total comprehensive income for the fiscal year ended March 31, 2025, was ¥761,277, up from ¥316,332 in the previous year[19] - EBITDA reached JPY1,487 million (US$10 million), reflecting a 45% increase over fiscal year 2024[12]

Revenue and Sales - For the fiscal years ended March 31, 2025 and 2024, 84.7% and 87.1% of LogSuite's revenue and 100% and 87.5% of Prostyle's revenue were derived from property sales in Tokyo[36]. - For the fiscal year ended March 31, 2025, revenue from real estate properties and related services was JPY 18,819,041 thousand (approximately $125,544 thousand), accounting for 91.1% of total revenue[175]. - Revenue from hotel accommodation services for the same period was JPY 1,248,784 thousand (approximately $8,331 thousand), representing 6.0% of total revenue[176]. - The revenue from sales of housing equipment and materials was JPY 583,091 thousand (approximately $3,889 thousand), accounting for 2.8% of total revenues[177]. - LogSuite has sold approximately 1,700 renovated condominium units over the past 15 years, establishing them as a flagship product[180]. Inventory and Development - As of March 31, 2025 and 2024, 98.0% and 73.5% of LogSuite's inventories and 59.9% and 83.0% of Prostyle's inventories were located in Tokyo[38]. - Delays in property development can result in increased interest expenses and lower selling prices than anticipated, adversely affecting revenue[45]. - Prostyle's condominium development projects take approximately 18 to 24 months from land purchase to delivery, while hotel development projects take about 42 months[157]. - The entire process of a condominium renovation project typically takes about 12 months, including 6 months for construction[155]. Market Risks and Competition - The residential real estate market is highly competitive, impacting the ability to acquire attractive properties and potentially leading to pricing pressures[41]. - The company faces significant risks due to geographic concentration, with operations primarily in Tokyo, making it vulnerable to local economic changes[39]. - An insufficient supply of pre-owned condominium units and land in Tokyo could adversely affect sales, profitability, and future cash flows[37]. - Changes in government policies affecting residential property demand could negatively impact sales and market conditions[32]. - The hospitality industry faces risks from economic downturns, which could reduce consumer demand and negatively affect revenue and profitability[87]. Financial Condition and Indebtedness - As of March 31, 2025, the company had approximately JPY1,892,700 thousand (approximately $12,626 thousand) in short-term borrowings and JPY10,958,628 thousand (approximately $73,106 thousand) in long-term borrowings outstanding[49]. - The company’s substantial indebtedness could limit its ability to obtain additional financing and reduce cash flow available for operations[51]. - The company relies on its subsidiaries for cash flows, and any failure to receive dividends from these subsidiaries could materially impact financial conditions[34]. Legal and Regulatory Compliance - The company is subject to various laws and regulations, including the Building Lots and Buildings Transaction Business Act, which could materially affect its operations if violated[63]. - Changes in applicable laws and regulations could result in increased compliance costs and reduced flexibility in conducting business, adversely affecting financial condition and results of operations[71]. - The independent registered public accounting firm identified five material weaknesses in the company's internal controls over financial reporting for the fiscal years ended March 31, 2025 and 2024[114]. Operational Risks - The company may incur losses due to defects in properties, impacting financial performance and reputation[36]. - The company may incur losses due to defects in pre-owned condominium units, which could affect its financial condition and results of operations[58]. - The company may face delays in obtaining necessary licenses and permits, which could adversely affect its project timelines and financial condition[60]. - Labor and raw material shortages, particularly in the real estate development industry, could delay home construction and increase costs, materially affecting business operations[75]. Strategic Growth and Expansion - The company plans to continue expanding its ProstyleRyokan business and the LogMansion brand, which will require substantial resources and management attention[95]. - Future international expansion includes establishing subsidiaries in China and Vietnam, with potential growth into the United States and UAE, facing various operational risks[97]. - The company plans to expand its real estate renovation and resale business into Kyoto, Osaka, Nagoya, Kobe, Hakata, Sendai, Sapporo, and other areas in Japan, as well as other Asian countries and the United States[168]. Corporate Governance and Management - The concentration of share ownership, with management holding approximately 73.26% of common shares, may influence corporate governance and shareholder protections[108]. - The loss of key senior management could hinder effective business management and growth strategy implementation, impacting overall business performance[90]. - The company may face significant liabilities from legal disputes, which could adversely impact cash flows and profitability[94]. Internal Controls and Financial Reporting - The company plans to hire additional qualified accounting and compliance personnel to enhance financial reporting and internal control framework[116]. - The company may face increased risks of fraud or misuse of corporate assets due to ineffective internal controls over financial reporting[119]. - The company may incur significant additional expenses as a result of being a public company, including legal and accounting costs due to compliance with the Sarbanes-Oxley Act[121]. Shareholder and Market Considerations - LogProstyle completed its IPO on March 26, 2025, raising total gross proceeds of $10 million by offering 2,000,000 common shares at $5.00 per share[151]. - LogProstyle's common shares are listed on the NYSE American, and the company must comply with specific listing standards to maintain its listing[138]. - If the company fails to meet NYSE American's listing requirements, it risks delisting, which could negatively impact share price and liquidity[139].

As filed with the U.S. Securities and Exchange Commission on December 20, 2024 Registration No. 333-283286 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Pre-Effective Amendment No. 3 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Kabushiki Kaisha LogProstyle (Exact name of registrant as specified in its charter) LOGPROSTYLE INC. (Translation of Registrant's name into English) Japan 1531 Not Applicable (I.R.S. Employer Identification Number) 3-6-23 Kitaaoyama Mi ...

Washington, D.C. 20549 Pre-Effective Amendment No. 2 to As filed with the U.S. Securities and Exchange Commission on December 17, 2024 Registration No. 333-283286 UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Kabushiki Kaisha LogProstyle (Exact name of registrant as specified in its charter) LOGPROSTYLE INC. (Translation of Registrant's name into English) Japan 1531 Not Applicable (I.R.S. Employer Identification Number) 3-6-23 Kitaaoyama Mi ...

As filed with the U.S. Securities and Exchange Commission on December 4, 2024 Registration No. 333-283286 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Pre-Effective Amendment No. 1 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Kabushiki Kaisha LogProstyle (Exact name of registrant as specified in its charter) LOGPROSTYLE INC. (Translation of Registrant's name into English) Japan 1531 Not Applicable (I.R.S. Employer Identification Number) 3-6-23 Kitaaoyama Min ...

As filed with the U.S. Securities and Exchange Commission on November 15, 2024 Registration No. 333-[ ] UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Kabushiki Kaisha LogProstyle (Exact name of registrant as specified in its charter) LOGPROSTYLE INC. (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Ja ...