STOCK TITAN

Syla Tech Co - SYT STOCK NEWS

Welcome to our dedicated page for Syla Tech Co news (Ticker: SYT), a resource for investors and traders seeking the latest updates and insights on Syla Tech Co stock.

SYLA Technologies Co Ltd (SYT) operates at the intersection of property technology and real estate investment, providing innovative crowdfunding solutions through its digital platform. This page serves as the definitive source for verified company announcements, financial updates, and operational developments.

Investors and industry observers will find curated coverage of SYT's strategic initiatives, including earnings reports, technology partnerships, and market expansion activities. The collection spans corporate announcements, regulatory filings, and analysis of SYT's proptech innovations in asset management and property transactions.

Content is organized to help users efficiently track SYT's progress in enhancing real estate accessibility through technology. Key updates include platform enhancements, service expansions, and operational milestones that demonstrate the company's leadership in property crowdfunding solutions.

Bookmark this page for direct access to SYT's official communications and third-party analysis. Regular updates ensure stakeholders maintain current knowledge of the company's technological advancements and market position within the evolving proptech sector.

Rhea-AI Summary

SYLA has completed its first office building, SYLA TOYOCHO, in Koto-ku, Tokyo. Responding to demand for office space in central Tokyo, the building features a design that integrates harmoniously with the cityscape using materials like autoclaved lightweight concrete panels and glass. Located at 3-5-4 Toyo, Koto-ku, the structure has 10 floors above ground with a total floor area of 568.92m2 and a site area of 86.73m2. The building comprises 10 units, including restaurants on the lower floors and offices on the upper floors. SYLA, engaged in the real estate sales and management business, aims to support corporate growth and deliver new value to the Tokyo business community with this project.

The company operates the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, and develops investment condominiums under the SYFORME Series, targeting areas in Tokyo, Yokohama, and Kawasaki.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
none
-
Rhea-AI Summary

SYLA Technologies (Nasdaq: SYT), operator of Japan's largest real estate crowdfunding platform, Rimawari-kun, will join the NASDAQ JAPAN IR EVENT on June 20, 2024. The event, organized by MEDIROM Healthcare Technologies (Nasdaq: MRM), aims to promote Japanese companies to U.S. investors and encourage Nasdaq listings. SYLA, listed on Nasdaq since March 31, 2023, will share its insights on the listing process and showcase its capabilities in real estate and crowdfunding. The event at Nasdaq's headquarters in New York includes presentations and networking opportunities. Admission is free with pre-registration required by June 7, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.55%
Tags
conferences
-
Rhea-AI Summary

SYLA Technologies, a leading Japanese real estate crowdfunding platform, will participate in the NASDAQ JAPAN IR EVENT on June 20, 2024, in New York City. Organized by MEDIROM Healthcare Technologies, the event aims to introduce and encourage Japanese companies to consider Nasdaq listings. SYLA, listed on Nasdaq since March 31, 2023, will share its insights and showcase its capabilities to U.S. investors. The event includes information sessions and a networking after-party. Other participating companies include MEDIROM Healthcare Technologies, Earlyworks, and LEAD-REAL ESTATE.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
conferences
Rhea-AI Summary

SYLA Technologies (NASDAQ: SYT) reported a 53.66% increase in gross profit and a 141.14% rise in net income from continuing operations for the full year 2023 compared to 2022. Their Rimawari-kun membership grew by 17.7% to 279,029 members, with the platform's gross merchandise value surpassing 5 billion yen. The company achieved a 3.12% increase in revenues, reaching ¥22,743,410 thousand (US $161.4 million), despite selling fewer real estate units. Operating expenses rose significantly due to IPO-related costs, while net income from continuing operations reached ¥749,361 thousand (US $5.3 million). SYLA also announced strategic acquisitions, partnerships, and an upward revision of the FY2023 year-end dividend to ¥180 per share. For FY2024, the company projects revenue between ¥27.5 billion and ¥30.0 billion and income from continuing operations between ¥750 million and ¥1.10 billion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
-
Rhea-AI Summary

SYLA Technologies Co., (NASDAQ: SYT) received the Excellent Business Award for its environmentally friendly brand condominium, SYFORME MOTOMACHI-CHUKAGAI, achieving a 34% reduction in primary energy consumption through ZEH-M Oriented certification and energy-saving technologies. The Property's enhancements include solar power generation, storage battery facilities, and disaster resilience features, despite challenges in installation complexities and high costs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.57%
Tags
none
-
Rhea-AI Summary

SYLA Technologies Co., (NASDAQ: SYT) announced the completion and sale of SYFORME SUMIYOSHI II, a condominium property located in Tokyo, Japan. The property was sold by their subsidiary, SYLA Co., , marking a significant milestone for the company.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
none
Rhea-AI Summary
SYLA Technologies Co., (NASDAQ: SYT) announced the sale of a segment of its investment securities holdings, resulting in a profit of 96 million yen. The company executed the sale of one listed stock from its investment portfolio, intending to enhance asset efficiency and fortify the financial structure. The profit will be recorded as other income for the fiscal year ending December 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
-
Rhea-AI Summary
SYLA Technologies Co., announces that its real estate rental brokerage application 'ietty' has surpassed 300,000 registered members, offering a secure and convenient online customer service platform amid the increasing demand post-COVID-19. The app streamlines the rental process, providing access to exclusive properties and offering a 50% discount on agency fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.18%
Tags
none
-
Rhea-AI Summary
SYLA Solar Co., , a subsidiary of SYLA Technologies Co., , successfully raised 50 million yen in bank guaranteed private placement bonds provided by Aichi Bank, The fundraising aims to boost research and development efforts, expand production facilities, enhance customer service, and increase market share in the renewable energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.09%
Tags
none
Rhea-AI Summary
SYLA Technologies Co., Ltd. announces a Comprehensive Business Alliance Agreement with LIVE THE CREATIVE Inc. to innovate solar power plant development. The alliance aims to enhance precision and efficiency in land surveys using drone technology, accelerating the solar power plant development process. SYLA Solar plans to automate operations, align with ESG goals, and contribute to renewable energy adoption and disaster prevention efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Syla Tech Co

Nasdaq:SYT

SYT Rankings

SYT Stock Data

58.63M
26.55M
0.14%
0.09%
Software - Application
Technology
Link
Japan
Tokyo