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SYLA Technologies Co., Ltd. American Depositary Shares - $SYT STOCK NEWS

Welcome to our dedicated page for SYLA Technologies Co., Ltd. American Depositary Shares news (Ticker: $SYT), a resource for investors and traders seeking the latest updates and insights on SYLA Technologies Co., Ltd. American Depositary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SYLA Technologies Co., Ltd. American Depositary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SYLA Technologies Co., Ltd. American Depositary Shares's position in the market.

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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.

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End-of-Day
3.67%
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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.
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-2%
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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.
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-5.18%
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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.
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-4.09%
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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.
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SYLA Technologies Co., Ltd. announces mid-term business strategy focusing on M&A and mid-term revenue targets for the next three years. The company aims to accelerate growth through M&A opportunities and has outlined selection and decision criteria. Additionally, SYLA targets to surpass 40 billion yen in revenues by FY2026, mainly through organic growth in the real estate development and sales business. The company anticipates challenges such as inflation-driven cost escalations and potential rising interest rates but remains optimistic about robust growth. SYLA's crowdfunding business is experiencing a steady rise in membership and expects additional investment inflows. The renewable energy business also anticipates an increase in sales. Chairman, Founder, and CEO Hiroyuki Sugimoto expresses confidence in the company's growth strategy through M&A and organic growth, despite the anticipated short-term impact on profits.
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-3.66%
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SYLA Technologies Co., Ltd. (NASDAQ: SYT) expects FY2024 revenues to grow by 22.2% to 33.3% compared to the forecast for FY2023. The company also anticipates an increase in full-year dividends for FY2023 to 250 yen per common share, reflecting a commitment to delivering robust and sustainable financial performance. However, income from continuing operations for FY2024 is projected to decrease by 24.1% to 51.7% compared to FY2023, primarily due to rising costs associated with the company’s M&A strategy for future growth.
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-0.49%
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SYLA Technologies Co., Ltd. has entered into a Capital and Business Alliance Agreement with RIBERESUTE CORPORATION, acquiring 20.39% of its shares. The alliance aims to forge new growth strategies in the real estate market, enhance corporate value, and make significant contributions to solving social issues. The expected alliance details include complementary products, geographic coverage, expansion of real estate crowdfunding business, internet marketing promotion, real estate development, and digital transformation.
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-2.13%
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SYLA Technologies Co., Ltd. (NASDAQ: SYT) announced the sale of four buildings from its SYFORME condominium brand to a private fund managed by BlackRock’s Real Estate business, as part of a collaboration agreement. The sale signifies a significant milestone in the partnership, with plans for further collaboration and investment opportunities in SYLA’s real estate projects in Japan.
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-15.77%
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SYLA Technologies Co., Ltd. (NASDAQ: SYT) completed the acquisition of 2,158,800 shares of RIBERESUTE CORPORATION (TSE: 8887), becoming the largest shareholder with a 20.39% ownership interest.
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Rhea-AI Sentiment
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33.81%
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SYLA Technologies Co., Ltd. American Depositary Shares

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United States of America
Tokyo