LogProstyle Announces Cash Dividend Tax Refund Information for Shareholders

LogProstyle's Cash Dividend Tax Refund Announcement

LogProstyle Co., Ltd. (NYSE American: LGPS), located in Minato-ku, Tokyo, has issued a notice regarding tax refunds related to cash dividends. This announcement is particularly significant for shareholders affected by Japan's withholding income tax on the dividends.

Important Dates

- Dividend Record Date: July 7, 2025
- Dividend Payment Start Date: August 5, 2025
- Dividend Amount per Share: $0.023

LogProstyle is committed to complying with the highest domestic tax rate of 20.42% for the withholding income tax. As this represents the company's first dividend payment after its listing on the NYSE American, they consulted with the relevant tax authorities to clarify their withholding obligations.

The findings were as follows:

- Withholding Tax Rates:

- For non-residents and foreign corporations: 15.315% (Large individual shareholders are taxed at 20.42%).
- For all other entities: 0% (No withholding obligations for these parties).

This means that domestic stockholders receiving dividends through Japanese securities companies will have no withholding tax obligations from LogProstyle.

Given these responses, the company must now apply to the tax office for a refund based on the difference between the amounts currently withheld and the appropriate withholding amounts.

How to Claim Your Tax Refund

Shareholders interested in claiming their tax refunds are urged to follow these steps:

Required Documents for Refund Application

1. Refund Application Form (available at the following URLs):
- Domestic (Japanese)
- International (English)
2. Dividend Calculation Statement issued by the securities company.

The application documents should be submitted to the following address or sent via email:

Mailing Address:
Aoyama Building 13F, 1-2-3 Kita-Aoyama, Minato-ku, Tokyo, 107-0061
LogProstyle Co., Ltd., Management Department, Secretariat

Email Address: [email protected]

Disclaimer on Forward-Looking Statements

This press release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements may pertain to the timing of tax refunds, procedures, and shareholder eligibility.

Such statements are based on current expectations and assumptions, with real outcomes that may differ significantly due to various risks and uncertainties, including changes in tax regulations and guidelines. The company is not obligated to update any statements except as required by law.