LogProstyle Inc. to Process Japanese Withholding Tax Refund with $0.023 Dividend per Share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2025
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Source: Newsfilter
- Dividend Payment Arrangement: LogProstyle announces a cash dividend of $0.023 per share, with a record date of July 7, 2025, and a payment date set for August 5, 2025, aimed at enhancing shareholder returns and increasing company attractiveness.
- Tax Handling Details: The company withheld the highest Japanese income tax rate of 20.42% on the dividend payment; however, based on tax office guidance, non-residents and foreign corporations should be subject to a 15.315% rate, necessitating a refund application for the excess tax withheld.
- Refund Application Process: Shareholders are required to submit necessary documents to apply for the tax refund, including the withholding tax refund application form and dividend statement, ensuring compliance to facilitate a smooth refund process, reflecting the company's commitment to shareholder rights.
- Forward-Looking Statements: The company cautions shareholders that the timing and eligibility for refunds are uncertain and may be affected by changes in tax guidance and regulations, emphasizing a focus on future compliance.
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About LGPS
LogProstyle Inc is a Japan-based company primarily engaged in real estate-related businesses. The Company conducts real estate renovation and resale, real estate development, hotel management and restaurant management businesses primarily through its subsidiaries. The real estate renovation and resale business is engaged in acquiring condominium units from their owners and dismantling them, leaving only the frames, and then rebuilding the interiors and installing plumbing and other elements. The real estate development business is engaged in the development of residential condominiums and Machinaka hotels with traditional Japanese elements. The hotel management business is engaged in the management of ryokan hotels in Tokyo, Yokohama and Okinawa.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
