SYLA Technologies Co Ltd

SYLA HOLDINGS engages in sales, rental, management, and brokerage of real estate. Sheila Holdings conducts Rental Management, Group Company Management Guidance, and Venture Investment as three pillars of promoting a venture business specializing in real estate investment.

Earnings data Q1 2024

SYLA Technologies Co., Ltd. engages in the operation of property investment platform. Its asset management platform includes Rimawari-kun and Rimawari-kun Pro. Rimawari-kun targets individual, in which this platform to facilitate real estate crowdfunding as well as the purchase and sale of real estate, sale of solar power plants which it constructs, and sale of computers. Rimawari-kun Pro targets corporate investors, institutional investors, and high-net-worth individuals. It exhibits properties on this platform as well as wide range of properties from other companies. Its business also includes asset management, including leasing, brokerage, and management of real estate, and operation and maintenance of solar power plants. The company was founded on March 3, 2009 and is headquartered in Tokyo, Japan.

TOKYO, Nov. 15, 2023 (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, today announced it has entered into an agreement to acquire 2,158,800 shares of common stock (approximately 20.39% of the voting interests) of RIBERESUTE CORPORATION, a Japan-based developer and seller of family-type condominiums and a corporation listed on the Tokyo Stock Exchange (TSE: 8887) (“RIBERESUTE”), through off-market transactions from four of its shareholders (the "Share Acquisition"). SYLA expects that the Share Acquisition will make it the largest shareholder of RIBERESUTE. The Share Acquisition is subject to certain closing conditions and is expected to be completed by mid-January 2024.

SYLA Technologies Enters into Basic Agreement Regarding a Business Alliance with RIBERESUTE and Agrees to Acquire Shares from Four of Its Shareholders to Become the Largest Shareholder

TOKYO, Nov. 06, 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 it has entered into a definitive agreement for a cash transaction business transfer from ietty Inc. (“ietty”), a Japanese based real estate portal website management and rental brokerage business, effective November 1, 2023.

SYLA Technologies Announces Definitive Agreement for a Business Transfer from ietty Inc.

TOKYO, Nov. 01, 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, will be attending the ROTH MKM 12th Annual New York Technology Conference on November 15, 2023, at the Yale Club in New York City.

SYLA Technologies to Participate in the ROTH MKM 12th Annual New York Technology Conference on November 15, 2023

TOKYO, Japan, Oct. 26, 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 its subsidiary, SYLA Co., Ltd. (“SYLA Co.”) has begun selling the SYFORME NAKANO condominium units (“Property”) for investors as of Wednesday, October 11, 2023.

SYLA Technologies Announces the Beginning of the Sale of SYFORME NAKANO Condominium Units

VANCOUVER, BC / ACCESSWIRE / October 24, 2023 / Siyata Mobile Inc. (NASDAQ:SYT),(NASDAQ:SYTAW) ("Siyata" or the "Company"), a global developer and vendor of Push-to-Talk over Cellular (PoC) handsets and accessories, today announced that it is partnering with Synch Communication ("Synch") to provide essential communication solutions for first responders in Israel. The arrangement integrates the Synch application for communication, command, and control with Siyata's SD7 handsets to enhance the capabilities of Push-to-Talk (PTT) in emergency environments.

Siyata Teams with Synch Communication to Provide Essential Communication Solutions for First Responders in Israel

15% Net Revenue and 109% Gross Profit Increases for the First-Half 2023 Compared to the First-Half 2022 Rimawari-kun Members Reached 261,633 as of June 30, 2023, a 58% Increase from a Year Ago and a 10％ Increase from FY2022 Year-End SYLA Continues to Aim for Fiscal Prudence and Health; Strives for an Equity Ratio of 30% while Targeting a 10% Return on Sales and a Payout Ratio of 30% TOKYO, Oct. 17, 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, reported its interim financial results for the six months ended June 30, 2023.

SYLA Reports First-Half 2023 Financial and Operational Results

Tokyo, Japan--(Newsfile Corp. - October 11, 2023) - SYLA Technologies Co., Ltd. (NASDAQ: SYT) ("SYLA" or "the Company"), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, will be attending the ThinkEquity Conference on October 19, 2023, at the Mandarin Oriental in New York.

SYLA to Present at the ThinkEquity Conference on October 19th at 9:00 AM ET

TOKYO, Sept. 05, 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, will be virtually presenting and holding one-on-one meetings at the H.C. Wainwright 25th Annual Global Investment Conference on September 11-14, 2023.

SYLA to Present at the H.C. Wainwright 25th Annual Global Investment Conference on September 11, 2023

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.

SYLA Technologies Announces Movement of ADS Record Date for Interim Dividend

TOKYO, Aug. 30, 2023 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of Japan's largest membership real estate crowd-funding platform, Rimawari-kun, announced its subsidiary, SYLA Co., Ltd. (“SYLA Co.”) has sold a condominium development site in Shimo-Meguro 3-chome, located in Meguro-ku, Tokyo, Japan, on June 30, 2023.

SYLA Technologies Announces Sale of Condominium Development Site in Shimo-Meguro, Tokyo

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.

SYLA Technologies Appoints Hajime Sugino as Head of SYLA USA

TOKYO, Aug. 16, 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 it intends to establish an Employee Stock Purchase Plan (“ESPP”) as part of its efforts to enhance corporate value and provide employee benefits.

SYLA Technologies Announces Intention to Establish Employee Stock Purchase Plan

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.

SYLA Technologies Announces Interim Dividend of ¥70 Per Share

TOKYO, Aug. 02, 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, will be virtually presenting and holding one-on-one meetings at the Sidoti & Co.'s August Virtual Micro-Cap Conference from August 16-17, 2023.

SYLA Technologies to Present Virtually at the Sidoti August Virtual Micro-Cap Conference on August 17th, 2023

TOKYO, July 13, 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, today announced that it has joined the Webull Corporate Connect Service Platform.

SYLA Technologies Joins Webull's Corporate Connect Service Platform

TOKYO, July 06, 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, announced the election of four new directors, including three independent directors, and one outside corporate auditor at its Extraordinary General Meeting of Shareholders held on June 30, 2023. The Company believes that these changes will strengthen its global management structure. At the meeting, shareholders elected Mr. Takeshi Fuchiwaki as a director, Messrs. Stuart Gibson, Yozo Tachibana and Keiji Torii as independent directors, and Ms. Keiko Yokoyama as an outside corporate auditor.

SYLA Technologies Announces Election of New Directors and Corporate Auditor

TOKYO, Japan, July 06, 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, today announced that its Board of Directors has authorized a repurchase program (the “Program”) pursuant to which it may repurchase up to ¥‎200.0 million ($1,385,000) of its American Depositary Shares (“ADSs”), each ADS representing one one-hundredth of a common share of the Company.

SYLA Authorizes ¥200.0 Million ($1,385,000) ADS Repurchase Program

SYLA Technologies, a Japanese real estate company, is expected to see growth due to its use of AI technologies, changes in Japanese real estate law, and the growing digital real estate market. SYT operates two platforms, Rimawari-kun and Rimawari-kun Pro, which use AI to customize offers to customers and increase transaction success rates. Despite potential risks such as commodity price volatility and lower-than-expected net sales, SYLA Technologies is predicted to trade at a higher price mark due to its innovative offerings.

SYLA Technologies: New Regional Revitalization Funds And AI Could Imply Undervaluation

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.

CORRECTION: SYLA Announces 2023 Financial Guidance, Plan to Double Dividend Per Share

TOKYO, June 26, 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 Li Tianqi, SYLA's Chief Artificial Intelligence Officer (“CAIO”), has become a member of the Japan Image Generation AI Consortium (“JIGAC”), where he will participate in ongoing discussions and verification practices related to image generation in the field of artificial intelligence (“AI”) engineering.

SYLA Technologies Chief Artificial Intelligence Officer, Li Tianqi, Becomes Member of the Japan Image Generation AI Consortium

TOKYO, May 17, 2023 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. ("SYLA" or "the Company"), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, will begin preparations to establish an employee stock purchase plan.

SYLA Begins Preparations to Establish an Employee Stock Purchase Plan

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.

SYLA Announces 2023 Financial Guidance, Plan to Double Dividend Per Share

TOKYO, Japan, April 10, 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, reported financial results for the full year ended December 31, 2022.

SYLA Reports Full Year 2022 Financial and Operational Results

TOKYO, April 04, 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 that it has closed its previously announced initial public offering of 1,875,000 American Depositary Shares (“ADSs”) at a price to the public of US$8.00 per ADS, for total gross proceeds of US$15,000,000. Each 100 ADSs represent one common share of SYLA. After deducting the underwriting commissions, discounts, and offering expenses payable by SYLA, SYLA received net proceeds of approximately US$13.7 million. SYLA intends to use the net proceeds of the offering for working capital and general corporate purposes, which may include investments, acquisitions, or strategic collaborations to expand its customer base, as well as the development and marketing of new services.

SYLA Technologies Co., Ltd. Announces Closing of US$15 Million Initial Public Offering

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