STOCK TITAN

Special dividend: LogProstyle (NYSE: LGPS) to pay US$0.022 per share

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

LogProstyle Inc. is declaring a one-time cash dividend using the remaining unused portion of its discontinued share repurchase program. The special dividend totals US$519 thousand, or US$0.022 per share (about JPY81 million, JPY3.45 per share).

The dividend will be paid on June 30, 2026, to shareholders who are on record at the close of business on June 1, 2026, which is also the ex-dividend date. Management describes this as part of its approach to returning capital to shareholders while keeping flexibility to support long-term growth.

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Special dividend total US$519 thousand Aggregate cash dividend amount
Dividend per share (USD) US$0.022 per share Special cash dividend rate
Dividend total (JPY) JPY81 million Approximate total using reference FX rate
Dividend per share (JPY) JPY3.45 per share Approximate per-share amount in yen
Reference FX rate JPY157.01 per US$1.00 Telegraphic transfer middle rate as of May 11, 2026
Record and ex-dividend date June 1, 2026 Shareholders of record and ex-dividend date
Dividend payment date June 30, 2026 Scheduled date dividend will be paid
special dividend financial
"LogProstyle Announces Special Dividend of US$519 Thousand (US$0.022 per Share)"
A special dividend is a one-time payment made by a company to its shareholders, usually when it has accumulated excess profits or cash. It is like a bonus or a reward for investors, often signaling that the company has extra funds available. This type of dividend matters because it can indicate a company's financial health or a significant change in its cash situation.
ex-dividend date financial
"The ex-dividend date for market transactions will be June 1, 2026"
The ex-dividend date is the date when a stock starts trading without the value of its next dividend payment included. If you buy the stock on or after this date, you won't receive that upcoming dividend; only those who owned the stock before this date are entitled to it. It matters to investors because it determines who is eligible to receive the dividend and can influence the stock’s price around that time.
share repurchase program financial
"previously discontinued authorized share repurchase program in the aggregate amount of US$519 thousand"
A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.
capital allocation financial
"commitment to enhancing shareholder returns and disciplined capital allocation"
Capital allocation is the process of deciding how a company or individual uses their money to grow, pay bills, save, or invest. It matters because good decisions can help build wealth and ensure resources are used wisely, while poor choices can limit growth or cause financial problems. Think of it like managing your allowance—deciding whether to spend, save, or invest to meet your goals.
telegraphic transfer middle rate financial
"conversion to JPY is based on the telegraphic transfer middle rate (TTM)"
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995"
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.

 

 

 

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 May 2026

 

Commission File Number: 001-42473

 

LOGPROSTYLE INC.

 

1-2-3 Kita-Aoyama

Minato-ku, Tokyo 107-0061, Japan

(Address of principal executive office)

 

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

 

On May 15, 2026, LogProstyle, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors, at a meeting held on May 15, 2026, resolved to declare a cash dividend to be funded by the remaining unused portion of the Company’s previously discontinued authorized share repurchase program in the aggregate amount of US$519 thousand, or US$0.022 per share (approximately JPY81 million in total and JPY3.45 per share).

 

The dividend will be payable on June 30, 2026, to shareholders of record as of the close of business on June 1, 2026. The ex-dividend date for market transactions will be June 1, 2026, the same date as the record date.

 

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

EXHIBIT INDEX

 

Exhibit No   Description
99.1   Press release issued by the Company on May 15, 2026.

 

 
 

 

SIGNATURE

 

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: May 15, 2026 By: /s/ Yasuyuki Nozawa
    Yasuyuki Nozawa
    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 Announces Special Dividend of US$519 Thousand (US$0.022 per Share)

 

May 15, 2026

 

LogProstyle Inc. (NYSE American: LGPS) (the “Company” or “LogProstyle”), headquartered in Minato-ku, Tokyo, Japan, today announced that its Board of Directors, at a meeting held on May 15, 2026, resolved to declare a cash dividend to be funded by the remaining unused portion of the Company’s previously discontinued authorized share repurchase program in the aggregate amount of US$519 thousand, or US$0.022 per share (*approximately JPY81 million in total and JPY3.45 per share based on the exchange rate described below).

 

The dividend will be payable on June 30, 2026, to shareholders of record as of the close of business on June 1, 2026. The ex-dividend date for market transactions will be June 1, 2026, the same date as the record date.

 

Yasuyuki Nozawa, Representative Director, President and CEO of LogProstyle, commented: “We are pleased to announce this special dividend as part of our ongoing commitment to enhancing shareholder returns and disciplined capital allocation. Following the discontinuation of the Company’s share repurchase program, our Board determined that utilizing the remaining unused authorization for a special dividend represents an efficient and shareholder-focused use of capital, while preserving flexibility to support our long-term growth strategy.”

 

(*For reference purposes only, conversion to JPY is based on the telegraphic transfer middle rate (TTM) published by MUFG Bank, Ltd. as of May 11, 2026, of JPY157.01 to US$1.00. Actual amounts received in Japanese yen may vary materially, depending on the exchange rate applied at the time of payment.)

 

Forward-Looking Statements Disclaimer:

 

This press release 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 the Company’s capital allocation strategy, the payment of the special dividend, the timing of such payment, the expected amount of such dividend, and related matters. 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, changes in tax guidance, regulatory changes, general economic conditions, changes in 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 7, 2025. 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 the company’s 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 pursuing various projects aimed at creating innovative and sustainable lifestyles. 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).

 

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

 

Contacts

 

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

Alphaterra Advisory, Takuo Katayama, takuo.katayama@alphaterraadvisory.com

 

 

 

FAQ

What special dividend did LogProstyle Inc. (LGPS) announce in May 2026?

LogProstyle announced a one-time cash dividend totaling US$519 thousand, or US$0.022 per share, funded from the unused portion of its discontinued share repurchase program. The amount is also referenced as about JPY81 million, or JPY3.45 per share.

When is LogProstyle’s LGPS special dividend record date and payment date?

The dividend will be paid on June 30, 2026 to shareholders of record as of the close of business on June 1, 2026. Investors must own shares before the ex-dividend date, which is also June 1, 2026, to qualify.

What is the ex-dividend date for LogProstyle Inc. (LGPS) special dividend?

The ex-dividend date for LogProstyle’s special dividend is June 1, 2026. Trades made on or after that date will not receive the dividend. The ex-dividend date is the same as the shareholder record date for this distribution.

How is LogProstyle funding its May 2026 special dividend?

The company is funding the special dividend from the remaining unused portion of its previously discontinued authorized share repurchase program. The Board determined this was an efficient way to return capital to shareholders while maintaining flexibility for long-term strategy.

What is the yen equivalent of LogProstyle’s LGPS special dividend?

The company estimates the dividend at about JPY81 million in total, or JPY3.45 per share, using a reference rate of JPY157.01 per US$1. Actual yen amounts received may differ depending on the exchange rate at the time of payment.

What strategy did LogProstyle highlight around the special dividend for LGPS shareholders?

Management described the dividend as part of an ongoing commitment to enhancing shareholder returns and disciplined capital allocation. They noted that using the unused repurchase authorization for a dividend still preserves flexibility to support the company’s long-term growth strategy.

Filing Exhibits & Attachments

2 documents