LogProstyle Announces Special Cash Dividend of $519,000 Per Share

LogProstyle's Special Dividend Announcement

LogProstyle Inc. (NYSE American: LGPS), headquartered in Minato, Tokyo, has officially announced its decision regarding a special cash dividend for its shareholders during the board meeting held on May 15, 2026. The company will utilize the remaining unused shares from its buyback program to provide a total cash dividend of $519,000, equating to $0.022 per share (approximately 3.45 yen per share based on the current exchange rate).

The dividend is set to be payable to shareholders recorded in the register as of the close of business on June 1, 2026, with the payment expected to begin on June 30, 2026. The ex-dividend date, which is crucial for those trading on the market, will also fall on June 1, 2026.

A Message from the President

Yasuyuki Nozawa, President and CEO of LogProstyle, expressed his satisfaction regarding this special dividend, stating, "We are pleased to announce this special dividend as part of our ongoing commitment to strengthening shareholder returns and disciplined capital allocation. The Board has decided to utilize the remaining shares from the stock repurchase program for this special dividend, which we believe maintains flexibility to support our long-term growth strategy while allowing for efficient, shareholder-centric capital utilization."

Important Information Regarding the Dividend

Based on the referenced exchange rate from Mitsubishi UFJ Bank as of May 11, 2026, which stands at 1 USD = 157.01 JPY, the dividend amounts in yen can vary significantly based on the actual exchange rate at the payment time. LogProstyle will implement a withholding tax of 15.315% on dividend payments.

Withholding Tax Rate:

- Non-residents/Foreign Corporations: 15.315% (20.42% for significant individual shareholders)
- Japanese residents/Domestic Corporations: 0% (the company has no withholding obligations)

It's important to note that beneficiaries receiving dividends through domestic securities companies in Japan are exempt from withholding obligations.

Refund Procedures for Exempt Shareholders

For shareholders exempt from withholding tax, such as Japanese residents and domestic corporations, filing for a refund will be necessary. Required documents include:
1. Refund request application form (available via the link provided)
- Domestic Form (Japanese)
2. Tax statement issued by the securities company

Applications should be submitted to the following address:
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To: LogProstyle Inc.
Management Division,
Aoyama Building 13F,
1-2-3 Kita Aoyama,
Minato-ku, Tokyo 107-0061, Japan
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Or via email: [email protected]

Forward-Looking Statements Disclaimer

This press release includes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, pertaining to LogProstyle's capital allocation strategy, the timing and amount of this special dividend, and related matters. Such statements are based on current expectations and assumptions, and actual results may materially differ due to various risks and uncertainties, including changes in tax treatment, regulatory changes, and shifts in economic and market conditions, among others. LogProstyle does not have an obligation to update these statements, except as required by law.

About LogProstyle

LogProstyle is involved in a wide range of business areas, including real estate development, hotel management, and restaurant operations. Under the slogan 'redefine lifestyle', the company aims to deliver innovative and sustainable lifestyle solutions through various projects. Unique in its standing, LogProstyle is the first non-listed Japanese firm to directly list common stock on the NYSE American.

For more information, visit LogProstyle