#Japan #Osaka #Real Estate #LogProstyle #i-flats

Acquisition of i-flats by LogProstyle

On August 27, 2026, LogProstyle, a company listed on NYSE American under the ticker LGPS, announced its agreement to acquire 100% of i-flats, a real estate company based in Osaka, Japan. This strategic move marks an important milestone for LogProstyle as it seeks to expand its operations beyond the Tokyo metropolitan area into the Kansai region. The acquisition is expected to be finalized in September 2026, pending the satisfaction of certain conditions.

Purpose of the Acquisition

LogProstyle has established a strong presence in the Tokyo area by engaging in the planning and sale of renovated condominiums. Founded in 2001, i-flats has built a reliable reputation in the Kansai area, specifically in Osaka and Kyoto, focusing on new condominium sales and the renovation of used properties. With a robust network developed through its relationships with various developers and market information, i-flats has successfully laid down solid business foundations in local real estate. By acquiring i-flats, LogProstyle aims to leverage its existing business model in Tokyo and establish a foothold in the Kansai market, thereby enhancing both its operational area and revenue base.

CEO Comments

Yasuyuki Nozawa, LogProstyle’s Representative Director and CEO, expressed his enthusiasm regarding the acquisition. He stated, "i-flats has a proven track record and a wealth of trust built in the Kansai region. This acquisition is a significant step in bringing our well-honed business model from Tokyo to Kansai, and we are very pleased to welcome them as partners. We remain committed to utilizing M&A as a pivotal strategy for growth and corporate value enhancement."

Overview of i-flats

• - Company Name: i-flats, Inc.
• - Representative: Minoru Suzuki, Representative Director
• - Location: 5th Floor, Yodoyabashi Toda Building, 3-2-4 Fushimimachi, Chuo-ku, Osaka
• - Established: May 2001
• - Business Activities: Engaged in sales of newly built condos, renovation sales of used condos, and real estate rental management. It is also the parent company of Land-I, a wholly-owned subsidiary.

Acquisition Summary

• - Date of Agreement: August 27, 2026
• - Expected Closing Date: September 2026 (subject to satisfaction of preconditions)
• - Shares Acquired: 3,800 shares (post-acquisition ownership of 100%)

Disclaimer on Future Outlook

This press release includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements refer to the execution and timing of the stock acquisition, satisfying preconditions for closure, anticipated synergies, and business expansion prospects, along with future financial performance. The statements are based on current expectations and assumptions and are subject to various uncertainties and risks that could cause actual results to differ significantly from those expressed.

About LogProstyle

LogProstyle is a diversified corporation involved in real estate development, hotel management, and restaurant operations, dedicated to providing innovative and sustainable lifestyles through various projects under the slogan 'redefine life style.' Notably, LogProstyle was the first unlisted Japanese company to directly list its common stock on the NYSE American, foregoing American Depositary Receipts (ADRs).