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
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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