UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of January 2024
Commission File Number 001-41662
SYLA Technologies Co., Ltd.
(Exact name of registrant as specified in its charter)
Ebisu Prime Square Tower 7F, 1-1-39
Hiroo, Shibuya-ku, Tokyo, Japan
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
☒ Form 20-F ☐ Form 40-F
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On December 27, 2023, the Board of Directors of SYLA Technologies Co., Ltd. (the “Company”) accepted the resignation of Nobuo Higuchi from his position of Chief Financial Officer, effective December 31, 2023, and appointed Takuya Hanada to serve as the Company’s Chief Financial Officer, effective on January 4, 2024.
Mr. Hanada is a Certified Public Accountant in Japan and has served as the Company’s Head of Administration Division since December 11, 2023. From August 2007 to November 2023, he worked within the IPO Department and the Underwriting Credit Evaluation Department of Nomura Securities Co., Ltd, a Japanese securities firm. From October 1998 to July 2007, he worked for ChuoAoyama PricewaterhouseCoopers, an auditing firm. Mr. Hanada graduated from Waseda University in Tokyo, Japan in March 1994.
A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in any website is not a part of this report on Form 6-K.
Exhibit Index
Exhibit No. | Document | |
99.1 | Press release of the registrant dated January 4, 2024 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SYLA TECHNOLOGIES CO., LTD. | ||
Date: January 4, 2024 | By: | /s/ Hiroyuki Sugimoto |
Name: | Hiroyuki Sugimoto | |
Title: | Chief Executive Officer |
SYLA Technologies Appoints Takuya Hanada as Chief Financial Officer
TOKYO, January 4, 2024 – SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, has appointed Mr. Takuya Hanada as Chief Financial Officer ("CFO"), effective January 4, 2024.
Mr. Hanada is a Certified Public Accountant in Japan and has served as SYLA’s Head of Administration Division since December 11, 2023. From August 2007 to November 2023, he worked within the IPO Department and the Underwriting Credit Evaluation Department of Nomura Securities Co., Ltd, a Japanese securities firm. From October 1998 to July 2007, he worked for ChuoAoyama PricewaterhouseCoopers, an auditing firm. Mr. Hanada graduated from Waseda University in Tokyo, Japan in March 1994.
About SYLA Technologies Co., Ltd.
Headquartered in Tokyo, Japan, SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “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. SYLA’s mission is to democratize real estate investment around the world through technology and asset management through the Rimawari-kun platform. SYLA is 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 Statements
This 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 Steven Shinmachi
SYLA@gateway-grp.com
Tel +1 (949) 574-3860
SYLA Technologies Company Contact:
Hajime Sugino
Head of SYLA USA
h_sugino@syla.jp