Corporate History
Leopalace21's corporate history is as follows.
| 1973 | Aug | Started business as Miyama Inc., a real estate broker |
|---|---|---|
| 1976 | Aug | Increased capital to JPY 12 million |
| 1978 | Mar | Increased capital to JPY 40 million |
| 1979 | Apr | Increased capital to JPY 100 million |
| 1984 | Dec | Increased capital to JPY 120 million |
| 1985 | Apr | Increased capital to JPY 132 million |
| Introduced Leopalace21 urban-style, one-room rental apartment buildings | ||
| 1986 | Mar | Increased capital to JPY 452 million |
| 1987 | Mar | Increased capital to JPY 760 million |
| Apr | Changed leasing office's name to Leopalace Center | |
| Sep | Capital increased to JPY 2.74 billion | |
| 1988 | Jan | Established Miyama Guam, Inc. (now Leopalace Guam Corporation) |
| 1989 | Feb | Increased capital to JPY 4.42 billion |
| Listed on over-the-counter market | ||
| Oct | Changed company name to MDI Corporation | |
| 1990 | May | Osaka branch relocated to new premises |
| 1991 | Mar | Head office relocated to new premises (present location) |
| 1993 | Jul | Opened Leopalace Resort Manenggon Hills, Guam |
| 1997 | Feb | Opened The Westin Resort Guam |
| 1998 | Mar | Number of managed apartment units reached 100,000 |
| Leopalace21 Villa Colona won the 1998 Good Design Award | ||
| 1999 | Oct | Launched the Monthly Leopalace short-term rental service |
| 2000 | Feb | Increased capital to JPY 30.52 billion through a third-party allotment of new shares |
| Jul | Changed company name to Leopalace 21 Corporation | |
| 2002 | Apr | Penetrated into international market, and opened Leopalace Center Seoul |
| May | Joined hotel business, and opened Hotel Leopalace Nagoya | |
| Oct | Number of managed apartment units reached 200,000 | |
| Dec | Increased capital to JPY 37.24 billion following public offering of new shares | |
| 2003 | Jan | Increased capital to JPY 37.57 billion following third-party allotment (over allotment) of new shares |
| 2004 | Mar | Listed on 1st Section of Tokyo Stock Exchange |
| Sep | Increased capital to JPY 55.64 billion by public offering | |
| 2005 | Jan | Established Residential Business Division and Elderly Care Business Division |
| Mar | Number of managed apartment units reached 300,000 | |
| Nov | Opened group home Azumi-en Namikicho, the first care facility of Elderly Care Business Division | |
| 2007 | Jun | Number of managed apartment units reached 400,000 |
| 2009 | Jan | Launched new apartment brand LEO NEXT |
| Apr | Number of managed apartment units reached 500,000 | |
| 2010 | Dec | Increased capital to JPY 56.56 billion following third-party allotment of new shares |
| 2011 | Apr | Launched sale of solar power systems |
| 2012 | Feb | Issuance of stock acquisition rights through third party allotment |
| May | Launched 40th Anniversary Model Dual-L | |
| Nov | Established power generation subsidiary Leopalace Power Corporation | |
| Dec | Completion of exercise of 1st series stock acquisition rights, increased capital to JPY 58.31 billion | |
| Launched 40th Anniversary Model Arma-L | ||
| 2013 | Feb | Completion of exercise of 2nd series stock acquisition rights, increased capital to JPY 60.41 billion |
| Rolled out roof-leased solar power business across Japan | ||
| Completion of exercise of 3rd series stock acquisition rights, increased capital to JPY 62.86 billion | ||
| Nov | Penetrated into ASEAN market, and established Leopalace21 (Thailand) CO., LTD., and LEOPALACE21 VIETNAM CO., LTD. | |
| Increased capital to JPY 73.66 billion following public offering of new shares | ||
| 2014 | Jan | Increased capital to JPY 75.28 billion following third-party allotment of new shares |
| 2015 | May | Launched new apartment brand MIRANDA and CLEINO |
| Nov | Introduced electronic contract management system | |
| 2017 | Jan | Started real estate development business through SPC |
| Introduced electronic contract service for construction subcontracting business | ||
| 2020 | Sep | Utility of web-based lease contract signing was expanded to nationwide direct leasing sales offices |
| Closed Hotel Leopalace Nagoya and withdrew from hotel business in Japan | ||
| Nov | Common stock increased to JPY 81,282.35 million through third party allotment | |
| 2021 | Aug | Common stock reduced to JPY 100 million |
| 2022 | Apr | Selected as a Prime Market stock in the TSE's new market classification |
| Sep | Launched Leopalace Green Energy Project |
SERVICE SITES
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