SYLA Technologies’ Rimawari-kun has been Ranked as the Top Real Estate Crowdfunding Platform in Japan for Two Consecutive Years
05 Juli 2023 - 2:30PM
SYLA Technologies Co., Ltd. (NASDAQ: SYT)
(“SYLA” or “the Company”), operator of the largest
membership real estate crowd-funding platform in Japan, announced
that its Real Estate Crowdfunding Service, Rimawari-kun, has been
ranked as the top real estate crowdfunding platform in Japan by
total memberships for the second year in a row, according to a
market-wide survey performed by the Japan Marketing Research
Organization.
Rimawari-kun connects unique and broad real estate project
exhibitors and exhibits with investors by way of a unified, and
enhanced user experience (UX). Rimawari-kun advertises profit
opportunities for investors via yield and social contribution as
investments work towards regional revitalization in Japan. As of
June 22, 2023, the number of registered members of Rimawari-kun has
exceeded 260,000.
Since June 1, 2023, SYLA has been running a campaign and
commemorative fund to celebrate the inception anniversary of the
Rimawari-kun platform. Furthermore, in July of 2023, the Company
plans to launch an additional campaign to commemorate the status as
the two year consecutive leader in real estate crowdfunding
membership in Japan. Details of this campaign will be announced
early in July.
“The announcement of our two-year achievement as the top real
estate crowdfunding platform in Japan signals a benchmark moment
for our Company,” said SYLA’s Chairman, Founder, and CEO Hiroyuki
Sugimoto. “Investors of all wealth-brackets in Japan are
increasingly becoming aware of the opportunity our platform has to
offer in the realm of real estate investment, and we have delivered
steady value to our investors. We look to continue to promote
democratization of real estate investment across Japan, and
subsequently internationally, through our Rimawari-kun.”
About SYLA Technologies Co., Ltd.Headquartered
in Tokyo, Japan, our company consists of SYLA Technologies Co.,
Ltd. and its consolidated subsidiaries (SYLA Co., Ltd., SYLA Solar
Co., Ltd., SYLA Brain Co., Ltd., and SYLA Biotech Co., Ltd.). The
Company owns and operates the largest membership real estate
crowd-funding platform in Japan, Rimawari-kun, which targets
individuals, corporate and institutional investors, as well as high
net worth individuals. Their mission is to democratize real estate
investment around the world through technology and asset management
through the Rimawari-kun platform. They are engaged in the overall
investment condominium business, including planning, development,
construction, sales, rental management, building management, repair
work, and the sale of properties. Additional information about the
Company’s products and services is available at
https://syla-tech.jp/en
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act and other securities laws. Words such as “expects,”
“anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates”
and similar expressions or variations of such words are intended to
identify forward-looking statements. For example, the Company is
using forward-looking statements when it discusses the expected
gross proceeds and the closing of the offering. Forward-looking
statements are not historical facts, and are based upon
management’s current expectations, beliefs and projections, many of
which, by their nature, are inherently uncertain. Such
expectations, beliefs and projections are expressed in good faith.
However, there can be no assurance that management’s expectations,
beliefs and projections will be achieved, and actual results may
differ materially from what is expressed in or indicated by the
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual performance or
results to differ materially from those expressed in the
forward-looking statements. For a more detailed description of the
risks and uncertainties affecting the Company, reference is made to
the Company’s reports filed from time to time with the Securities
and Exchange Commission (“SEC”), including, but not limited to, the
risks detailed in the Company’s annual report on Form 20-F, filed
with the SEC on April 18, 2023. Forward-looking statements speak
only as of the date the statements are made. The Company assumes no
obligation to update forward-looking statements to reflect actual
results, subsequent events or circumstances, changes in assumptions
or changes in other factors affecting forward-looking information
except to the extent required by applicable securities laws. If the
Company does update one or more forward-looking statements, no
inference should be drawn that the Company will make additional
updates with respect thereto or with respect to other
forward-looking statements. References and links to websites have
been provided as a convenience, and the information contained on
such websites is not incorporated by reference into this press
release.
Contact Information
Gateway Group, Inc.John Yi and Thomas
ThayerSYLA@gatewayir.comTel +1 (949) 574-3860
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/57cca5bd-6cc2-47c7-bc1d-94efa8bbeb8a
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