LogProstyle Inc. (NYSE American: LGPS), headquartered in Minato-ku, Tokyo, with Yasuyuki Nozawa as Representative Director and Executive President, announced an average base salary increase of approximately 5% for all employees, effective April 1, 2026. This measure was implemented to stabilize and improve the lives of individual employees in response to recent price increases, and is expected to help address inflation. This is the third base salary increase implemented by the company in four years since 2023. LogProstyle considers 'human resources' a critical management asset and is committed to continuously improving employee conditions to ensure they can work securely in a better environment. The company aims for sustainable corporate growth and long-term corporate value enhancement by improving employee motivation and ease of work. LogProstyle's primary businesses are real estate (renovation resale, new development) and ryokan management. The company expanded sales primarily in its real estate business, achieving consolidated sales of approximately 20.7 billion JPY and EBITDA of approximately 1.5 billion JPY for the fiscal year ending March 2025. In March 2025, it became the first Japanese company to directly list its common stock on the NYSE without using American Depositary Receipts (ADR).

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  • Source: PR TIMES
  • Category: personnel