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 |
|---|---|---|
| 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 (株式会社レオパレス二十一) |
| 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 | Jun | Changed company name to Leopalace21 Corporation (株式会社レオパレス21, from kanji numerals to Arabic numerals) |
| 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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