SYLA Solar to absorb renewable data center company in move to leverage business strength

TOKYO, July 01, 2024 (GLOBE NEWSWIRE) — SYLA Solar Co., Ltd. (Head Office: Nagoya, Aichi; CEO: Takeshi Fuchiwaki; hereinafter “SYLA Solar”), a wholly owned subsidiary of SYLA Technologies Co., Ltd. (Head office: Shibuya-ku, Tokyo; CEO: Hiroyuki Sugimoto; NASDAQ “SYT”), operator of the largest membership real estate crowdfunding platform in Japan, Rimawari-kun, absorbed and merged with SYLA Biotech Corporation (Head office: Shibuya-ku, Tokyo; CEO: Makoto Ariki), effective on July 1
SYLA Technologies is focusing on advancing its renewable energy business as a part of growth strategy to achieve its mid-term sales targets by the end of fiscal year 2026.SYLA Solar Co., Ltd.
Head Office: Land Square Marunouchi 2F, 2-18-14 Marunouchi, Naka-ku, Nagoya, Aichi, JP
Representative Director: Takeshi Fuchiwaki
Establishment: August 2013
Capital: 46,000,000 yenSYLA Biotech Co., Ltd.
Head Office: Ebisu Prime Square Tower 7F, 1-1-39 Hiroo, Shibuya-ku, Tokyo, JP
Representative Director: Makoto Ariki
Establishment: April 2022
Capital: 5,000,000 yenManagement Company: SYLA Co., Ltd.
Tel: +81-3-4560-0653 (direct line 3)
E-mail: [email protected] Fuchiwaki
Director, Chief Growth Officer
[email protected]
(GlobeNewsWire)