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LogProstyle acquires 100% of I-FLATZ in Japan

I-FLATZ’s existing management team will remain in place as it joins LogProstyle’s consolidated group.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

LogProstyle Inc. (LGPS) completed its acquisition of 100% of I-FLATZ’s outstanding equity interests on September 28, 2026. The press release states that this comprised all 3,800 issued and outstanding I-FLATZ shares. I-FLATZ and its wholly owned subsidiary, LAND-I Co., LTD, are now consolidated subsidiaries of LogProstyle.

I-FLATZ provides condominium sales agency services, renovation and resale of existing residential properties, and real estate leasing in Japan’s Kansai region. Its management team will remain in place. LogProstyle said it aims to realize growth opportunities and operational synergies, while noting that there can be no assurance the anticipated benefits and synergies will be realized as expected.

Positive

  • 100% acquisition of I-FLATZ completed, adding a Kansai-based real estate business.
I-FLATZ equity acquired 100% Outstanding equity interests acquired on September 28, 2026
I-FLATZ shares acquired 3,800 shares All issued and outstanding shares
Acquisition completion September 28, 2026 I-FLATZ acquisition closed
I-FLATZ established May 2001 Company overview
consolidated subsidiaries financial
"are now consolidated subsidiaries of LogProstyle"
Companies that a parent firm controls and whose financial results are combined line-by-line with the parent’s financial statements. Control usually means owning more than 50% of voting rights or having the power to direct operations, so the subsidiaries’ assets, liabilities, revenue and expenses are reported as if they were part of one single company—similar to combining the budgets of different household members into one household account. This matters to investors because consolidation shows the full scale and risk exposure of the group on a single set of financials.
Share Purchase Agreement regulatory
"Pursuant to the terms of the previously announced Share Purchase Agreement"
A share purchase agreement is a written contract that outlines the terms and conditions for buying and selling shares of a company. It specifies details like the price, number of shares, and any special conditions, ensuring both buyer and seller agree on the transaction. For investors, it provides clarity and legal protection, making sure the purchase is clear and enforceable.
operational synergies financial
"realize growth opportunities and operational synergies"
forward-looking statements regulatory
"This press release contains “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many I-FLATZ shares did LGPS acquire?

LogProstyle acquired all 3,800 issued and outstanding I-FLATZ shares, representing 100% of the company’s outstanding equity interests.

What does I-FLATZ do?

I-FLATZ provides condominium sales agency services, renovation and resale of existing residential properties, and real estate leasing in Japan’s Kansai region.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of September 2026

 

Commission File Number: 001-42473

 

LOGPROSTYLE INC.

 

1-2-3 Kita-Aoyama

Minato-ku, Tokyo 107-0061, Japan

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

☒ Form 20-F ☐ Form 40-F

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Closing of Share Purchase Agreement

 

On September 28, 2026, LogProstyle Inc. (the “Company”) completed its acquisition of 100% of the outstanding equity interests of I-FLATZ Co., LTD. a Japanese corporation (“I-FLATZ”), a real estate company engaged in the business of condominium sales agency services, renovation and resale of existing residential properties, and real estate leasing.

 

The acquisition was previously announced and the material terms of the transaction were previously disclosed on a Form 6-K filed with the SEC on August 27, 2026, which included the Share Purchase Agreement governing the transaction. The conditions to closing have been satisfied and the transaction closed as contemplated by the previously disclosed agreement.

 

I-FLATZ and its wholly owned subsidiary, LAND-I Co., LTD. a Japanese Corporation (“LAND-I”), are now consolidated subsidiaries of the Company. The management team of I-FLATZ will continue in place and will work with Company management to execute the integration plan and realize identified operational synergies.

 

Press Release

 

On September 28, 2026, the Company issued a press release announcing the closing of the I-FLATZ acquisition. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information in this report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act , or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.

 

Forward-Looking Statements

 

This report on Form 6-K contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expected synergies and integration plans. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, the Company’s ability to successfully integrate I-FLATZ’s operations, maintain I-FLATZ’s customer relationships, and realize anticipated synergies, changes in general economic and market conditions and other factors described in the Company’s filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company’s Annual Report on Form 20-F filed with the SEC on July 13, 2026. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this report, except as required by applicable law.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release of the issuer dated September 28, 2026, announcing closing of the I-FLATZ acquisition.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  LOGPROSTYLE INC.
     
Date: September 28, 2026 By: /s/ Yasuyuki Nozawa
  Name: Yasuyuki Nozawa
  Title: Chief Executive Officer, President, and Representative Director

 

 

 

 

Exhibit 99.1

 

 

LogProstyle Inc.

Aoyama Building 13th floor, 1-2-3 Kita-Aoyama,

Minato-ku, Tokyo, 107-0061, Japan

https://www.logprostyle.co.jp/

 

LogProstyle Inc. Completes Acquisition of I-FLATZ, Expanding Presence into Japan’s Kansai Region

 

September 28, 2026

 

LogProstyle Inc. (NYSE American: LGPS) (the “Company” or “LogProstyle”), headquartered in Minato-ku, Tokyo, Japan, announced today the completion of its previously announced acquisition, first disclosed on August 27, 2026, of 100% of the outstanding shares of I-FLATZ Corporation (“I-FLATZ”), a Kansai-based real estate company engaged in condominium sales, renovation, and leasing. As a result of the transaction, I-FLATZ and its wholly owned subsidiary, LAND-I Co., LTD, have become consolidated subsidiaries of LogProstyle.

 

LogProstyle has developed its real estate business primarily in the greater Tokyo area, including the planning and sale of renovated condominiums. Founded in 2001, I-FLATZ has built a strong regional franchise serving the Kansai market through condominium sales agency services, renovation and resale of existing residential properties, and real estate leasing. By combining LogProstyle’s business model in the Tokyo metropolitan area with I-FLATZ’s established regional presence, the Company believes there are opportunities to broaden its business footprint, diversify its revenue base, and create long-term growth opportunities. The existing management team of I-FLATZ will remain in place following the acquisition, to help maintain operational continuity. Working closely with I-FLATZ’s management, the Company’s goal is to realize growth opportunities and operational synergies; however, there can be no assurance that anticipated benefits and synergies will be realized as expected.

 

Yasuyuki Nozawa, Representative Director, President and CEO of the Company, said: “We are pleased to officially welcome I-FLATZ to the LogProstyle Group. This transaction represents an important milestone in our strategy to expand beyond the Tokyo metropolitan area. Together with the experienced I-FLATZ management team, we look forward to the potential growth in the Kansai market and creating long-term value for our shareholders.”

 

Overview of I-FLATZ

 

Pursuant to the terms of the previously announced Share Purchase Agreement, LogProstyle acquired all 3,800 issued and outstanding shares of I-FLATZ on September 28, 2026. All closing conditions were satisfied as of such date.

 

 

 

 

Name   I-FLATZ Corporation
Representative   Toshihide Suzuki, Representative Director
Address   5F Yodoyabashi Toda Building, 3-2-4 Fushimi-machi, Chuo-ku, Osaka City, Osaka
Established   May 2001
Business   A real estate company engaged in sales agency for newly built condominiums, resale of renovated pre-owned condominiums, and real estate leasing (licensed real estate broker)
Wholly owned subsidiary   LAND-I Co., LTD

 

Forward-Looking Statements Disclaimer:

 

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, the Company’s ability to successfully integrate the acquired business, the possibility that the anticipated benefits and synergies of the acquisition may not be realized as expected, general economic conditions, changes in market conditions, the Company’s ability to execute its strategic initiatives, and other factors described in the Company’s filings with the U.S. Securities and Exchange Commission, including the risks detailed in the Company’s annual report on Form 20-F filed with the SEC on July 13, 2026. Forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. Any references to our website have been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

 

About LogProstyle Inc.

 

LogProstyle Inc. is involved in a wide range of businesses, including real estate development, hotel management, and restaurant management. With the slogan ‘redefine life style’, the Company is working on various projects with the aim of illustrating an innovative and sustainable lifestyle. LogProstyle is the first unlisted Japanese company to list its Japanese common shares directly on a major United States stock exchange rather than through American Depositary Receipts (ADRs).

 

Contacts

 

LogProstyle Inc., Investor Relations: ir@logprostyle.co.jp

Alphaterra Advisory:takuo.katayama@alphaterraadvisory.com

 

 

 

Filing Exhibits & Attachments

2 documents

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