LGPS | Market Cap: $24.4M (07/13/26)
Industry:
Real Estate Development & Services Consumer Services
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DESCRIPTION

LogProstyle is a Tokyo-based holding company that renovates condominiums and manages urban boutique hotels. Its primary subsidiary, LogSuite, purchases pre-owned condominiums in central Tokyo, performs full gut renovations, and resells them under the Log Mansion brand. These units feature natural solid wood interiors produced through the company’s vertically integrated manufacturing subsidiaries in China and Okinawa. LogProstyle targets large floorplates for families and international buyers, typically completing the purchase-to-sale cycle in 12 months using short-term bank financing. The company also develops new condominiums through its Prostyle subsidiary, selling units to individuals or entire buildings to institutional investors. In its hospitality segment, ProstyleRyokan operates urban hotels that offer traditional Japanese inn experiences, such as tatami flooring and open-air baths, in city centers. LogProstyle uses an asset-light model for these hotels by selling the developed properties to third-party investors and leasing them back under 15-year fixed-term leases. LogProstyle plans to expand its renovation business to other major Japanese cities and international markets, including the U.S. and Dubai, while increasing its portfolio of urban ryokans. The company manages costs by sourcing and manufacturing its own building materials.

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