SC 13D - SYLA Technologies Co., Ltd. (0001946216) (Subject)
SC 13D - SYLA Technologies Co., Ltd. (0001946216) (Subject)
TOKYO, Jan. 04, 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, has appointed Mr. Takuya Hanada as Chief Financial Officer ("CFO"), effective January 4, 2024. Mr. Hanada is a Certified Public Accountant in Japan and has served as SYLA's Head of Administration Division since December 11, 2023. From August 2007 to November 2023, he worked within the IPO Department and the Underwriting Credit Evaluation Department of Nomura Securities Co., Ltd, a Japanese securities firm. From October 1998 to July 2007, he worked for ChuoAoyama PricewaterhouseCoopers, an
TOKYO, Aug. 23, 2023 (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, in a move to expand business operations to the United States, announced the appointment of Hajime Sugino as Head of SYLA USA. In this newly created role, Mr. Sugino will oversee the expansion of SYLA's US-based operations and international investor communication efforts. "We are excited to welcome Mr. Sugino as the Head of SYLA USA, where he'll focus efforts on US expansion of operations and new business development initiatives," said SYLA's Chairman, Founder, and CEO Hiroyuki Sugimoto. "W
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
6-K - SYLA Technologies Co., Ltd. (0001946216) (Filer)
20-F - SYLA Technologies Co., Ltd. (0001946216) (Filer)
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 it has entered into a business alliance with Broad Enterprise Co., Ltd. (TSE: 4415) ("Broad Enterprise") for sales cooperation, including service collaboration and mutual referral of prospective clients.
Shares of Arhaus, Inc. (NASDAQ:ARHS) fell sharply during Monday's session. Jefferies analyst Jonathan Matuszewski downgraded Arhaus from Buy to Hold and lowered the price target from $22 to $16. Arhaus shares dipped 7.9% to $14.55 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Morphic Holding, Inc. (NASDAQ:MORF) shares jumped 75% to $55.72 after Eli Lilly agreed to buy the company for $57 per share in cash. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) climbed 71% to $6.97 after jumping around 50% on Friday. SRIVARU Holding Limited (NASDAQ:SVMH) shares climbed 61.3% to $0.2549 after the company announced the deployment of advanced
SYLA Technologies Co., Ltd. (NASDAQ:SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, 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 MOTOMACHI-CHUKAGAI (ZEH-M*1 Oriented certified)*1ZEH-M: net Zero Energy House Mansion •Completion of the first office building SYLA TOYOCHO•Launched the first joint real estate project with CUMICA•ietty (Online AI rental brokerage service) membership surpassed 400,000Rimawari-kun (Real Estate Crowdfunding)•7 projects commenced fund raising duri
U.S. stocks traded higher this morning, with the Dow Jones index gaining around 200 points on Monday. Following the market opening Monday, the Dow traded up 0.57% to 39,599.54 while the NASDAQ rose 0.09% to 18,368.86. The S&P 500 also rose, gaining, 0.19% to 5,577.53. Check This Out: Over $13M Bet On This Energy Stock? Check Out These 4 Stocks Insiders Are Buying Leading and Lagging SectorsIndustrials shares jumped by 0.7% on Monday. In trading on Monday, materials shares fell by 0.7%. Top Headline Shares of The Greenbrier Companies, Inc. (NYSE:GBX) fell around 6% on Monday after the company reported worse-than-expected third-quarter financial results. Greenbrier posted
SYLA Technologies (NASDAQ:SYT) shares are trading higher on continued momentum Tuesday afternoon. The company recently announced that one of its subsidiaries completed a merger with SYLA Biotech Corporation. What To Know: SYLA Solar, a wholly-owned subsidiary of SYLA Technologies, announced that it completed a significant merger with SYLA Biotech Corp this week. SYLA Solar has absorbed and merged with SYLA Biotech, a SYLA Technologies subsidiary known for operating 100% renewable energy data centers. SYLA Technologies said the strategic move aligns with its focus on advancing its renewable energy business to achieve mid-term sales targets by the end of the fiscal-year 2026. Since b
About Absorption-Style MergerSYLA Technologies is focusing on advancing its renewable energy business as a part of growth strategy to achieve its mid-term sales targets by the end of fiscal year 2026.With strong subsidy support from the Ministry of Economy, Trade and Industry, the company's main thrust is the development of solar power sources, aiming to further grow its business and enhance corporate value.SYLA Solar is engaged in the development of solar power generation, EPC (Engineering, Procurement, and Construction) services, and retail electricity sales, thereby supporting the overall renewable energy business of the group. SYLA Biotech sells and operates 100% renewable energy data ce
TOKYO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that its Board of Directors resolved on November 19, 2024, to revise the full-year financial guidance for the fiscal year ending December 31, 2024, originally released on January 25, 2024. The details are as follows. (1) Updated Financial Guidance for Full Year 2024 (Unit: Million yen) RevenuesIncome from OperationsPrevious Guidance (A)Announced on January 25, 202427,500 – 30,000750 – 1,100Updated Guidance (B)29,0001,800Change (B-A*)*Average+250+875Change (%)0.8%194.6%(Reference)FY2023 Resul
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 allotment of new shares issued by CUMICA CORPORATION (formerly RIBERESUTE CORPORATION). ●Announced mid-term revenue targets and a growth strategy centered on M&A. ●Announced an interim dividend
TOKYO, Aug. 20, 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 Board of Directors meeting on August 16, 2024, resolved that the Company will pay an interim dividend of ¥100 per common share (equivalent to $0.68 per share at August 20 exchange rate of $1.00 = ¥146.47; 1 share = 100 ADRs) with a record date for ADR holders of June 30, 2024, to shareholders. Overview of the Interim Dividend for the Fiscal Year Ending December 31, 2024 FY2024Interim DividendFY2023Interim DividendRecord DateJune 30, 2024September 11, 2023Dividend per Sh
53.66% and 141.14% Increase in Gross Profit and Net Income from Continuing Operations for Full Year 2023 Compared to Full Year 2022, RespectivelyRimawari-kun Members Reached 279,029 as of December 31, 2023, a 17.7% Increase from 2022Rimawari-kun Platform Gross Merchandise Value Surpasses 5 Billion Yen as of December 31, 2023 TOKYO, May 16, 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 financial results for the full year ended December 31, 2023. Full Year 2023 Operational Highlights: Awarded the Excellent business Award for ZEH-
Company expects FY2024 revenues to grow by 22.2% to 33.3% compared to 22.5 billion forecasted for FY2023 TOKYO, Jan. 25, 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 its financial guidance for the fiscal year ending December 31, 2024, and upward revision of its full-year dividend forecast announced on May 17, 2023. Guidance for FY2024 Revenues are expected to be in the range of 27.5 - 30.0 billion yenIncome from continuing operations is expected to be in the range of 0.75 - 1.10 billion yen In contrast to the revised FY2023 revenues fo
TOKYO, Aug. 31, 2023 (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 the record date for ADS holders for payment of the interim dividend has been changed to September 11, 2023. The previously announced record date for ADS holders of August 31, 2023 has been changed for Nasdaq regulatory purposes. Trading of SYLA's ADSs has been temporarily halted in connection with this matter. Based on an August 30 exchange rate of $1.00 = ¥145.79 and the ADS ratio of 100 ADSs to 1 common share, the interim dividend amount of ¥70 per common share
TOKYO, Aug. 15, 2023 (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 Board of Directors has resolved that the Company will pay an interim dividend of ¥70 per common share (equivalent to $0.48 per share at August 11 exchange rate of $1.00 = ¥144.94; 1 share = 100 ADRs) with a record date for ADR holders of August 31, 2023, to shareholders. On May 17, 2023, SYLA announced a plan to double the annual dividend for the fiscal year ending December 31, 2023 to ¥140 per share from ¥70 per share in the previous fiscal year ended December 31, 202
TOKYO, July 03, 2023 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, today announced financial guidance for the full-year 2023, and a plan to double the dividend per share (1 share = 100 ADRs) from ¥70 ($0.52) per share to ¥140 ($1.04) per share for the year ending December 31, 2023, compared to 2022. Guidance for Full Year 2023 Revenue is expected to be between ¥24,700 - ¥26,700 million ($183.7 – $198.6 million).Income from continuing operations (excluding income from the mining business) is expected to be ¥850 - ¥980 million ($6.3 – $7.3 million).Earnings per share (
TOKYO, May 17, 2023 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, today announced financial guidance for the full-year 2023, and a plan to double the dividend per share (1 share = 100 ADRs) from ¥70 ($0.52) per share to ¥140 ($1.04) per share for the year ending December 31, 2023, compared to 2022. Guidance for Full Year 2023 Revenue is expected to be between ¥24,700 - ¥26,700 million ($183.7 – $198.6 million).Net income from continuing operations (excluding income from the mining business) is expected to be ¥850 - ¥980 million ($6.3 – $7.3 million).Earnings per shar
TOKYO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that its Board of Directors resolved on November 19, 2024, to revise the full-year financial guidance for the fiscal year ending December 31, 2024, originally released on January 25, 2024. The details are as follows. (1) Updated Financial Guidance for Full Year 2024 (Unit: Million yen) RevenuesIncome from OperationsPrevious Guidance (A)Announced on January 25, 202427,500 – 30,000750 – 1,100Updated Guidance (B)29,0001,800Change (B-A*)*Average+250+875Change (%)0.8%194.6%(Reference)FY2023 Resul
TOKYO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ:SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, announced that its subsidiary, SYLA Co., Ltd (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto) ("SYLA Co."), has launched its new condominium brand, SYFORME NEXT. In addition, SYLA Co. has been contracted to provide property management and building maintenance services ("the Collaboration") for multiple SYFORME and SYFORME NEXT properties owned by a private fund managed by BlackRock's Real Estate business ("BlackRock"). Launch of New Brand and the CollaborationSYLA Co. has laun
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 allotment of new shares issued by CUMICA CORPORATION (formerly RIBERESUTE CORPORATION). ●Announced mid-term revenue targets and a growth strategy centered on M&A. ●Announced an interim dividend
TOKYO, Aug. 20, 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 Board of Directors meeting on August 16, 2024, resolved that the Company will pay an interim dividend of ¥100 per common share (equivalent to $0.68 per share at August 20 exchange rate of $1.00 = ¥146.47; 1 share = 100 ADRs) with a record date for ADR holders of June 30, 2024, to shareholders. Overview of the Interim Dividend for the Fiscal Year Ending December 31, 2024 FY2024Interim DividendFY2023Interim DividendRecord DateJune 30, 2024September 11, 2023Dividend per Sh
TOKYO, Aug. 07, 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 Board of Directors has resolved on August 7, 2024, to subscribe to a third-party allotment of shares (the Third-Party Allotment), as announced by CUMICA in the "Notice Regarding Issuance of New Shares through Third-Party Allotment." 1. Outline of the Third-Party Allotment (1) Payment dateAugust 28, 2024(2) Number of new shares to be issued1,470,500 shares of common stock(3) Issue price408 yen per share(4) Amount of financing599,964,000 yen(5) Method of offering or
TOKYO, July 22, 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 it has entered into a business alliance with Broad Enterprise Co., Ltd. (TSE: 4415) ("Broad Enterprise") for sales cooperation, including service collaboration and mutual referral of prospective clients. About the Business AllianceSYLA Co., Ltd. ("SYLA Co.") and SYLA Solar Co., Ltd. ("SYLA Solar"), subsidiaries of SYLA, provide a range of services including real estate development, building/asset/property management services, solar power plant development, operation and ma
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. The scope of work under the Alliance includes planning, research, development, design, production, and sales operations related to clean energy supply utilizing solar power generation a
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
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, Rimawari-kun, published a quarterly investor update for 2nd quarter 2024. Key HighlightsReal Estate•Sale of SYFORME SUMIYOSHI II•Excellent Business Award (by Japan Association of Home Suppliers) for SYFORME MOTOMACHI-CHUKAGAI (ZEH-M*1 Oriented certified) *1ZEH-M: net Zero Energy House Mansion•Completion of the first office building SYLA TOYOCHO•Launched the first joint real estate project with CUMICA•ietty (Online AI rental brokerage service) membership surpassed 400,000 Rimawari-kun (Real Estate Crowdfun
TOKYO, July 05, 2024 (GLOBE NEWSWIRE) -- SYLA Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Yoshiyuki Yuto), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ: "SYT"), has launched THE POOL VILLA as part of its SYLA HOTEL ZUSHI-HAYAMA brand introduced last year. THE POOL VILLA sold out quickly on June 28 and is now accepting reservations for general public accommodations. About SYLA HOTEL ZUSHI-HAYAMA "THE POOL VILLA"THE POOL VILLA is the second project of SYLA HOTEL ZUSHI-HAYAMA, launched last year as SYLA's own brand hotel. This condominium adopts a business model where owners can generate revenue by renting out