LogProstyle Inc (LGPS) News & EventsLGPSLogProstyle Inc

LogProstyle Completes Acquisition of 100% Shares of I-FLATZ

LogProstyle announced the completion of its previously announced acquisition, first disclosed on August 27, of 100% of the outstanding shares of I-FLATZ Corporation, 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.

LogProstyle Acquires I-FLATZ Corporation

LogProstyle announced that, as of August 27, 2026, it has entered into a share purchase agreement to acquire all of the issued and outstanding shares of I-FLATZ Corporation, thereby making I-FLATZ and its wholly owned subsidiary, LAND-I Co., LTD, subsidiaries of the Company. The acquisition is expected to close in September 2026, subject to the satisfaction of customary closing conditions. Yasuyuki Nozawa, Representative Director, President and CEO of the Company, said: "I-FLATZ is a company that has built a solid track record and trust in the Kansai region. We believe that this acquisition marks an important step in expanding the business model we have refined in Tokyo into Kansai, and we are delighted to welcome I-FLATZ as part of our group. We plan to continue using M&A as a key pillar of our growth strategy aimed to enhance corporate value going forward."

Major Averages Decline Amid Rising Geopolitical Tensions

The major averages were broadly lower as rising geopolitical tensions and another bout of semiconductor selling weigh on risk sentiment. President Donald Trump said he was reinstating a blockade on Iranian shipping through the Strait of Hormuz, even going so far in a social media post as to call the U.S. the "Guardian of the Hormuz Strait." Oil prices surged after the news, reviving concerns that higher energy costs could complicate the inflation outlook.Meanwhile, this week marks the unofficial start of second-quarter earnings season, with major U.S. banks set to report over the next several days. Investors also have an eye on upcoming June CPI and retail sales data, along with congressional testimony from Federal Reserve Chair Kevin Warsh.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Appleis suing OpenAI, accusing the ChatGPT maker and its hardware chief Tang Tan of engaging in a coordinated effort to steal secret trade information about upcoming products,MGM Resortshas been in talks over a potential deal with Barry Diller's People Incorporatedafter the media mogul offered to acquire the casino giant,Williamsin its Power Innovation joint venture from BlackstoneFirst HawaiianTriCo Bancsharesin an all-stock transactionShellSprng Energy to Aditya Birla Renewables for $1.8B2. WALL STREET CALLS:Shopifyto Buy from Hold at JefferiesBofAPapa John'sto Underperform, says management turnover raises uncertaintyAmerican Expressto Overweight from Neutral at JPMorganTravelersto Sell from Hold at TD CowenDeckers Outdoorto Buy from Hold at Jefferies3. AROUND THE WEB:Multiple states, including California, are expected to file suit today to challenge the Paramountand Warner Bros.deal, sources told CNBC's David FaberGoogleis expanding sales of its AI TPUs to external cloud providers as a lower-cost, more reliable alternative to NvidiaGPUs, intensifying competition even as Nvidia remains the dominant supplier of AI infrastructure, Information reportsDisney'slive-action "Moana" was set to collect $43M at the domestic box office from Thursday to Sunday, but originally the company had been aiming for $60M or more, NY Times reportsAT&Twill pay $184.1M to settle a lawsuit accusing the company of shortchanging 300,000 employees out of pension payments, Reuters reportsSK HynixCEO Kawk Noh-jung said he believes the global memory industry is heading into its "worst year" during its supply shortage in 2027, with the demand for memory continuing to exceed the company's ability to produce it, Reuters says4. MOVERS:Q32 Biohigher after reporting 36-week topline results from itsConmedgains afterthe company is weighing its options amid takeover interest from private equity firmsZoomInfoincreases afterOn Semifalls after TD Cowenon the stockIonis Pharmaceuticals (IONS) lower afterin its Phase 1-2 ASCEND study5. EARNINGS/GUIDANCE:Hillman Solutionsand backed its guidance for FY26LogProstyle, with EPS lower year-over-yearASMLon July 15TSMCon July 16JPMorgan Chaseon July 14INDEXES:Near midday, the Dow was down 0.20%, or 106.78, to 52,530.23, the Nasdaq was down 1.03%, or 270.88, to 26,010.73, and the S&P 500 was down 0.46%, or 34.47, to 7,540.92.