Corporate History
Leopalace21's corporate history is as follows.
1973 | Aug | Established Miyama Co., Ltd. in Nakano-ku, Tokyo, with capital of JPY 3 million, and commenced operations mainly in real estate brokerage |
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1981 | Jan | Started selling detached houses |
1985 | Apr | Full-scale sales launch of Leopalace21 urban-type apartments |
Absorption-type merger with Tokyo Miyama Home Co., Ltd. | ||
1986 | Apr | Established the Leasing Business division and launched a full-scale real estate leasing business |
1988 | Jan | Established Miyama Guam, Inc. (now Leopalace Guam Corporation, a consolidated subsidiary) a subsidiary in Guam |
Launched and began recruiting members for a unique organization called Cube Club with members consisting of tenants | ||
1989 | Feb | Registered stock with the Japan Securities Dealers Association |
Oct | Changed company name from Miyama Co., Ltd. to MDI Co., Ltd. | |
1991 | Mar | Completed construction of new headquarters building (Hon-cho, Nakano-ku, Tokyo) and relocated headquarters |
1999 | Oct | Launched the Monthly Leopalace, short-term rental service with furnished rooms |
2000 | Jul | Changed company name from MDI Co., Ltd. to Leopalace21 Corporation |
2001 | Aug | Implemented real estate securitization targeting our Leopalace21 apartments as investment assets |
2002 | Aug | Launched LEONET, a broadband service for tenants |
2004 | Mar | Listed on the First Section of the Tokyo Stock Exchange |
2005 | Jan | Established the Elderly Care Business Division and launched the business for elderly people |
Apr | Changed the membership-based Cube Club to the Leopalace21 Leasing System | |
2006 | Sep | Established Leopalace Leasing Co., Ltd. (now a consolidated subsidiary) |
Established Leopalace Insurance Planning Co., Ltd. (now Asuka Small Amount Short Term Insurance Co., Ltd., a consolidated subsidiary) | ||
2007 | Apr | Established Leopalace Finance Co., Ltd. (now Plaza Rental Management Guarantee Co., Ltd., a consolidated subsidiary) |
2009 | Jun | Established Leopalace21 Business Consulting (Shanghai) Co., Ltd. (now a consolidated subsidiary) |
Aug | Established Leopalace Smile Co., Ltd. (now a consolidated subsidiary) | |
2010 | Apr | Launched Leopalace Partners, franchised sales offices |
2011 | Apr | Launched sales of solar power generation systems and home security systems for apartments |
2012 | May | launched Room Customize (now my DIY) |
Nov | Established Leopalace Power Co., Ltd. (now a consolidated subsidiary) | |
Established Woori & Leo PMC Co., Ltd., a residential leasing management company in South Korea | ||
2013 | Feb | Expanded the Roof Lease Solar Power Generation Business nationwide |
Oct | Established Leopalace21 (Thailand) CO., LTD., a local subsidiary in Thailand | |
Nov | Established LEOPALACE21 VIETNAM CO., LTD., a local subsidiary in Vietnam | |
Dec | Established Azu Life Care Co., Ltd. (now a consolidated subsidiary) | |
2014 | Jun | Established Leopalace21 (Cambodia) Co., Ltd., a local subsidiary in Cambodia |
2015 | Mar | Acquired shares in Morizo Co., Ltd. |
May | Established LEOPALACE21 PHILIPPINES INC. a local subsidiary in the Philippines | |
Oct | Established PT. Leopalace Duasatu Realty, a local subsidiary in Indonesia | |
2016 | Jun | Established Leopalace21 Singapore Pte. Ltd. (now a consolidated subsidiary) in Singapore |
2017 | Apr | High-performance smart lock Leo Lock adopted in all newly built apartments |
2021 | Mar | Transferred all shares in LEOPALACE21 VIETNAM CO., LTD., a wholly owned subsidiary in Vietnam |
2022 | Apr | Transferred from the First Section to the Prime Market following a review of market classifications by the Tokyo Stock Exchange |
Jun | Established Leopalace Green Energy Co., Ltd. (now an equity-method affiliate) | |
Aug | Transferred all shares of South Korean residential leasing management company Woori & Leo PMC Co., Ltd. | |
Sep | Transferred all shares of Morizo Co., Ltd. | |
Nov | Part of the Elderly Care Business was absorbed by Azu Life Care Co., Ltd. (now a consolidated subsidiary) | |
2023 | Feb | Completed liquidation of Leopalace21 (Thailand) CO., LTD., a local subsidiary in Thailand |
Mar | Transferred all shares of LEOPALACE21 PHILIPPINES INC., a local subsidiary in the Philippines | |
2024 | Jan | Completed liquidation of PT. Leopalace Duasatu Realty, a local subsidiary in Indonesia |
May | Completed liquidation of Leopalace21 (Cambodia) Co., Ltd., a local subsidiary in Cambodia |
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