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Private company

SYLA Technologies Co., Ltd.

SYLA Technologies Co., Ltd. is a real estate company.1

Last updated Oct 21, 2026.

Overview

30.9BRevenue, fiscal 20242
1.1BNet income, fiscal 20242
  • IndustryReal Estate1
  • HeadquartersM01
  • Incorporated inJapan3
  • Business addressEbisu Prime Square 7F Hirao Shibuya-Ku, Tokyo, M0 150-00123
  • Filer categoryNon-accelerated filer, Emerging growth company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in JPY, the currency the company reports in.

Key numbers, fiscal 2024

21.4%Gross margin2
7.5%Operating margin2
3.6%Net margin2
35.7%Revenue growth, 20242
11.6%Return on equity2
2.20×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue79¢24.3B JPY
  • Selling, general and admin14¢4.3B JPY
  • Other costs2¢602.5M JPY
  • Income tax2¢591.1M JPY
  • Profit4¢1.1B JPY

Out of 30.9B JPY in revenue.2

Financial statements

Revenue45230.9B JPY in 2024+135% since 2020
010.0B JPY20.0B JPY30.0B JPY40.0B JPY2020: 13.1B JPY13.1B JPY20202021: 16.7B JPY16.7B JPY2021+27%2022: 22.1B JPY22.1B JPY2022+32%2023: 22.7B JPY22.7B JPY2023+3%2024: 30.9B JPY30.9B JPY2024+36%
Gross profit4526.6B JPY in 2024+135% since 2020
02.0B JPY4.0B JPY6.0B JPY8.0B JPY2020: 2.8B JPY2.8B JPY20202021: 3.1B JPY3.1B JPY2021+12%2022: 3.6B JPY3.6B JPY2022+14%2023: 5.5B JPY5.5B JPY2023+54%2024: 6.6B JPY6.6B JPY2024+19%
Operating income4522.3B JPY in 2024+160% since 2020
01.0B JPY2.0B JPY3.0B JPY2020: 888.4M JPY888.4M JPY20202021: 682.4M JPY682.4M JPY2021−23%2022: 778.7M JPY778.7M JPY2022+14%2023: 1.4B JPY1.4B JPY2023+85%2024: 2.3B JPY2.3B JPY2024+60%
Net income4521.1B JPY in 2024+156% since 2020
0500.0M JPY1.0B JPY1.5B JPY2020: 435.7M JPY435.7M JPY20202021: 277.5M JPY277.5M JPY2021−36%2022: 395.0M JPY395.0M JPY2022+42%2023: 681.4M JPY681.4M JPY2023+73%2024: 1.1B JPY1.1B JPY2024+64%
Fiscal year201920202021202220232024
Revenue13.1B JPY416.7B JPY522.1B JPY222.7B JPY230.9B JPY2
Cost of revenue10.3B JPY413.5B JPY518.5B JPY217.2B JPY224.3B JPY2
Gross profit2.8B JPY43.1B JPY53.6B JPY25.5B JPY26.6B JPY2
Selling, general and admin1.9B JPY42.5B JPY52.8B JPY24.1B JPY24.3B JPY2
Operating expenses2.5B JPY52.8B JPY24.1B JPY24.3B JPY2
Operating income888.4M JPY4682.4M JPY5778.7M JPY21.4B JPY22.3B JPY2
Income before tax500.1M JPY5655.9M JPY21.0B JPY21.8B JPY2
Income tax305.1M JPY4221.4M JPY5345.2M JPY2266.0M JPY2591.1M JPY2
Net income435.7M JPY4277.5M JPY5395.0M JPY2681.4M JPY21.1B JPY2
Earnings per share1.9K JPY/shares41.2K JPY/shares51.7K JPY/shares22.7K JPY/shares24.2K JPY/shares2
Earnings per share (diluted)1.6K JPY/shares41.0K JPY/shares51.4K JPY/shares22.2K JPY/shares23.7K JPY/shares2
Shares (weighted, basic)231.0K shares5239.4K shares2255.0K shares2264.2K shares2
Shares (weighted, diluted)271.4K shares5283.4K shares2304.0K shares2303.8K shares2

Compare SYLA Technologies Co., Ltd. with another company

Corporate structure

SYLA Technologies Co., Ltd. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of SYLA Technologies Co., Ltd.

  • Hiroyuki Sugimoto Filed SC 13D/A on SYLA Technologies Co., Ltd., latest Dec 10, 2024 (3 filings since Mar 7, 2024)
  • Yoshiyuki Yuto Filed SC 13D/A on SYLA Technologies Co., Ltd., latest Dec 3, 2024 (2 filings since Mar 7, 2024)
  • SYLA Technologies Co., Ltd. M0

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What SYLA Technologies Co., Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation13.0B JPY2 Dec 31, 202412.7B JPY2 Dec 31, 2023+2.9%
Accumulated depreciation848.2M JPY2 Dec 31, 2024758.0M JPY2 Dec 31, 2023+11.9%
Property and equipment, net12.1B JPY2 Dec 31, 202411.9B JPY2 Dec 31, 2023+2.1%
Finance-lease assets16.9M JPY2 Dec 31, 202412.0M JPY2 Dec 31, 2023+40.8%
Operating-lease assets (leased space)2.4B JPY2 Dec 31, 20242.4B JPY2 Dec 31, 2023+1.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents2.2B JPY2 Dec 31, 20244.0B JPY2 Dec 31, 2023−45.0%
Marketable securities, current89.5M JPY2 Dec 31, 2023182.3M JPY4 Dec 31, 2021−50.9%
Long-term investments3.3B JPY2 Dec 31, 2024490.4M JPY2 Dec 31, 2023+574.2%
Deposits held (banks)92.7M JPY2 Dec 31, 202474.2M JPY2 Dec 31, 2023+25.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill730.8M JPY2 Dec 31, 2024730.8M JPY2 Dec 31, 20230%
Intangible assets, net (excluding goodwill)210.6M JPY2 Dec 31, 2024133.2M JPY2 Dec 31, 2023+58.1%
Finite-lived intangibles, gross430.3M JPY2 Dec 31, 2024311.4M JPY2 Dec 31, 2023+38.2%
Accumulated amortization219.7M JPY2 Dec 31, 2024178.2M JPY2 Dec 31, 2023+23.3%
Finite-lived intangibles, net210.6M JPY2 Dec 31, 2024133.2M JPY2 Dec 31, 2023+58.1%

Inventory

ItemLatestA year beforeChange
Inventory, total23.3B JPY2 Dec 31, 202416.8B JPY2 Dec 31, 2023+38.6%

Filings

94 filings to the SEC since October 2021: 3 annual reports, 5 large holders, 86 other. The latest 20:

  1. Jun 2, 202515-12G EDGAR
  2. Jun 2, 2025S-8 POS EDGAR
  3. May 19, 202525 EDGAR
  4. May 15, 20256-K EDGAR
  5. May 7, 20256-K EDGAR
  6. Apr 30, 202520-F EDGAR
  7. Mar 28, 20256-K EDGAR
  8. Mar 6, 20256-K EDGAR
  9. Feb 14, 20256-K EDGAR
  10. Feb 3, 20256-K EDGAR
  11. Jan 31, 20256-K EDGAR
  12. Jan 23, 2025CB EDGAR
  13. Jan 23, 20256-K EDGAR
  14. Dec 27, 20246-K EDGAR
  15. Dec 10, 2024SC 13D/A EDGAR
  16. Dec 5, 20246-K EDGAR
  17. Dec 3, 2024F-X EDGAR
  18. Dec 3, 2024CB EDGAR
  19. Dec 3, 2024SC 13D/A EDGAR
  20. Dec 3, 2024SC 13D/A EDGAR

The 94 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • Hiroyuki SugimotoSC 13D/A, 3 filings Mar 7, 2024 to Dec 10, 20246
  • Yoshiyuki YutoSC 13D/A, 2 filings Mar 7, 2024 to Dec 3, 20247

SEC filer profile

How SYLA Technologies Co., Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARSYLA Technologies Co., Ltd.1
  • CIK0001946216
  • Filer statusNon-accelerated filer an emerging growth company; a shell company8
  • Incorporated inM08
  • Fiscal year endsDecember 311
  • Industry code (SIC)6500 Real Estate1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business addressEbisu Prime Square 7F Hirao Shibuya-Ku, Tokyo, M0 150-00121
  • Phone813-4560-06501
  • Shares outstanding260,891 shares as of Dec 31, 20248
  • AuditorMaloneBailey, LLP, Tokyo, Japan PCAOB ID 206; no auditor attestation of internal control over financial reporting8
  • On EDGAR sinceSep 26, 20221
  • Filings94 in all: 6-K (46), CORRESP (10), UPLOAD (8), F-1/A (6), 20-F (3), SC 13D/A (3), CB (2), SC 13D (2)1
    All 22 form types

    15-12G (1), 25 (1), 424B4 (1), 6-K/A (1), 8-A12B (1), CERT (1), DRS (1), EFFECT (1), F-1 (1), F-X (1), FWP (1), NT 20-F (1), S-8 (1), S-8 POS (1)

  • Latest filingsAnnual report (20-F) Apr 30, 2025

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing one one-hundredth of one common shareSYTNasdaq
Common Shares, no par value*Nasdaq

From the cover page of the 20-F filed Apr 30, 2025 (Section 12(b) of the Exchange Act).8

Sources

The numbers on this page point here. Each one links to the record it came from.

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