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SYLA Technologies (SYT) - 2024 Q4 - Annual Report
2025-04-30 20:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissi ...
SYLA Reports First-Half 2024 Financial and Operational Results
GlobeNewswire News Room· 2024-09-27 13:07
TOKYO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, reported its interim financial results for the six months ended June 30, 2024. Operational Highlights to Date in 2024: ● Entered into a capital and business alliance agreement with CUMICA CORPORATION (formerly RIBERESUTE CORPORATION) and became the largest shareholder. ● Subscribed to a third-party allotme ...
SYLA Solar Signs a Business Alliance Agreement with ABILITY
GlobeNewswire News Room· 2024-07-18 13:00
TOKYO, July 18, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that its subsidiary, SYLA Solar Co., Ltd. ("SYLA Solar") has entered into a business alliance agreement ("the Alliance") with ABILITY LTD. ("ABILITY") to launch a joint demonstration experiment for clean energy supply utilizing solar power generation and atmospheric pressure hydrogen cartridges. T ...
SYLA Technologies FY24 2nd Quarter Investor Update
Newsfilter· 2024-07-08 14:09
Real Estate • Sale of SYFORME SUMIYOSHI II | --- | --- | --- | |---------------------------------------|---------|---------| | Key Metrics | Mar-24 | Jun-24 | | Real Estate | | | | Constructed Buildings, cumulative (#) | 84 | 85 | | Managed Buildings (#) | 77 | 78 | | Managed Units (#) | 3,382 | 3,420 | | Occupancy Rate (%) | 99.7% | 99.8% | | ietty Membership (#) | 400,573 | 408,555 | | Rimawari-kun (Crowdfunding) | | | | Membership (#) | 279,606 | 279,838 | | Projects Originated, cumulative (#) | 71 | 81 ...
SYLA Technologies FY24 2nd Quarter Investor Update
GlobeNewswire News Room· 2024-07-08 14:09
TOKYO, July 08, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawarikun, published a quarterly investor update for 2nd quarter 2024. Key Highlights Real Estate • Sale of SYFORME SUMIYOSHI II • Excellent Business Award (by Japan Association of Home Suppliers) for SYFORME MOTOMACHICHUKAGAI (ZEH-M*1 Oriented certified) *1ZEH-M: net Zero Energy House Mansion • Completion of the first ...
SYLA Solar to absorb renewable data center company in move to leverage business strength
Newsfilter· 2024-07-01 13:31
Group 1 - SYLA Solar Co., Ltd. has merged with SYLA Biotech Corporation, effective July 1, 2024, with SYLA Solar as the surviving entity [1][4] - The merger is part of SYLA Technologies' growth strategy to enhance its renewable energy business and achieve mid-term sales targets by the end of fiscal year 2026 [2] - SYLA Solar focuses on solar power generation, EPC services, and retail electricity sales, while SYLA Biotech operates renewable energy data centers [3] Group 2 - The merger is executed as a non-monetary transaction without the issuance of new shares, as both companies are wholly owned subsidiaries of SYLA Technologies [4] - SYLA Solar was established in August 2013 with a capital of 46 million yen, while SYLA Biotech was established in April 2022 with a capital of 5 million yen [5]
SYLA Solar to absorb renewable data center company in move to leverage business strength
GlobeNewswire News Room· 2024-07-01 13:31
Core Viewpoint - SYLA Technologies is advancing its renewable energy business through an absorption-style merger between its subsidiaries, SYLA Solar and SYLA Biotech, effective July 1, 2024, to achieve mid-term sales targets by the end of fiscal year 2026 [1][2][4]. Group 1: Merger Details - The merger will result in SYLA Solar as the surviving entity, while SYLA Biotech will be absorbed, with both companies being 100% subsidiaries of SYLA Technologies [2][4]. - The merger is a non-monetary transaction, meaning no new shares will be issued [2]. Group 2: Business Focus - SYLA Solar is involved in solar power generation, EPC services, and retail electricity sales, supporting the overall renewable energy strategy of the group [5]. - SYLA Biotech operates 100% renewable energy data centers, contributing to environmental sustainability [5]. Group 3: Strategic Support - The company is receiving strong support from the Ministry of Economy, Trade and Industry, focusing on solar power development to enhance corporate value and business growth [8].
SYLA Completes Construction of Its First Office Building, SYLA TOYOCHO, in Koto-ku, Tokyo
GlobeNewswire News Room· 2024-06-06 13:00
Company Overview - SYLA Co., Ltd. is engaged in real estate sales for individuals and companies, focusing on developing, constructing, selling, and managing investment condominiums under its SYFORME Series brand in Tokyo's 23 wards and surrounding areas [4] - The company offers comprehensive solutions for investment condominiums, including sales of used properties and renovations, providing a one-stop service that meets evolving market needs [4] - SYLA is committed to creating properties that reflect its aspirations and aims to be a premier partner in asset formation through housing [4] New Office Building - SYLA has announced the completion of its first office building located at 3-5-4 Toyo, Koto-ku, Tokyo, which consists of 10 floors and a total floor area of 568.92 m² [6][7] - The building features a design that integrates harmoniously with the urban environment, utilizing materials like autoclaved lightweight concrete panels and glass [1][3] - The office building includes 10 units, with the first three floors designated for restaurants and the upper floors for office spaces [6] Market Context - The demand for office buildings in central Tokyo is stabilizing, and SYLA's new location is expected to foster innovation and support corporate growth in the Tokyo business scene [3]
SYLA Completes Construction of Its First Office Building, SYLA TOYOCHO, in Koto-ku, Tokyo
Newsfilter· 2024-06-06 13:00
Company Overview - SYLA Co., Ltd. is a wholly owned subsidiary of SYLA Technologies Co., Ltd., operating the largest membership real estate crowdfunding platform in Japan, Rimawari-kun [5] - The company is engaged in real estate sales for individuals and companies, focusing on developing, constructing, selling, and managing investment condominiums, particularly in Tokyo and surrounding areas [7] New Office Building Announcement - SYLA has announced the planning and completion of its first office building located in Toyo 3-chome, Koto-ku, Tokyo [5] - The building features a design that emphasizes the integration of materials with the urban environment, utilizing autoclaved lightweight concrete panels and glass [1][3] - The new office building is expected to support corporate growth and deliver new value to the business community in Tokyo as demand for office spaces stabilizes [3] Building Specifications - The office building has a total floor area of 568.92 square meters and a site area of 86.73 square meters [10] - It consists of 10 floors, with the first three floors designated for restaurants and the upper floors for office spaces [10] - The construction was carried out by Sankoh Build, Inc., with planning by Ryu Architects Co., Ltd. and design supervision by Base Co., Ltd. [10]
SYLA Technologies (SYT) - 2023 Q4 - Annual Report
2024-05-15 20:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissi ...