[Sheila Technologies Co., Ltd.] The Japan Real Estate Crowdfunding Association and the Real Estate Crowdfunding Association (General Incorporated Association) have decided to merge.
*Sheila Technologies Co., Ltd.*
Press release: September 2, 2024
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The Japan Real Estate Crowdfunding Association and the Real Estate Crowdfunding Association (General Incorporated Association) have decided to merge.
*In collaboration with the Parliamentary Federation, accelerate investor protection and healthy market growth*
* Sheila Technologies Co., Ltd., which operates Japan’s largest membership-based real estate crowdfunding platform “Yiyoshi-kun” Hiroyuki Sugimoto, Representative Director, Group Executive Officer and CEO of (NASDAQ: SYT, hereinafter referred to as “Sheila
Technologies”) and Representative Director and CEO of LAETOLI Inc. (hereinafter referred to as “LAETOLI”)
The Japan Real Estate Crowdfunding Association, co-represented by Ya Muto, has decided to merge with the Real Estate Crowdfunding Association, a general incorporated association (Representative Director: Daizo Yokota, hereinafter referred to as the “Real Estate Crowdfunding Association”). So I’ll let you know. *
Purpose and background of integration with Real Estate Crowdfunding Association In recent years, the real estate crowdfunding market has seen rapid growth in the number of businesses and cumulative investment amounts, and is becoming increasingly recognized as an attractive asset management method for individual investors. As this market expands, there is an increasing emphasis on trust and transparency across the industry.
The Japan Real Estate Crowdfunding Association (hereinafter referred to as “JRCA”), established in November 2023, has been working with the Liberal Democratic Party’s Real Estate Crowdfunding Promotion Council to formulate self-regulatory rules and make policy recommendations to related ministries and agencies. I did. Furthermore, by resolving regional issues such as regional revitalization, we have been working to protect investors and promote the healthy development of markets, and ultimately contribute to the growth of the Japanese economy. With the aim of further developing the industry and strengthening investor protection, starting in August 2023, we will actively work on activities such as building an industry-wide database, promoting information sharing among business operators, and holding study sessions. We have decided to integrate with the Real Estate
Crowdfunding Association, a general incorporated association. Through this, we aim to further accelerate the healthy growth of the industry. Hiroyuki Sugimoto appointed as director, future activities of the Real Estate Crowdfunding Association
As part of the new structure of the Real Estate Crowdfunding Association, Hiroyuki Sugimoto, co-founder of JRCA, has been appointed as a new director from August 29, 2024. In the future, the Real Estate Crowdfunding Association will strengthen collaboration with the government, strive to formulate investor protection guidelines and disseminate awareness, and coordinate opinions and requests with industry operators, acting as a bridge to the government. Under the new structure, we plan to promote discussion on real estate
crowdfunding through regular member meetings and provide information both within and outside the industry. In addition, through educational webinars and seminars for new businesses and investors, we will formulate guidelines for new businesses and improve industry standards, as well as provide investors with opportunities to deepen their understanding of real estate crowdfunding. Provide.
* Overview of Real Estate Crowdfunding Association General
Incorporated Association *
Representative Director: Daizo Yokota
Head Office: Inside Clear Co., Ltd., 8th floor, Shinbashi 27MT Building, 2-12-11 Shinbashi, Minato-ku, Tokyo
Established: August 30, 2023
Business details:
・Publishing/updating real estate crowdfunding database
・Regular disclosure of market reports, white papers, etc. in the real estate crowdfunding industry
・Establishment of real estate crowdfunding industry rules and guidelines ・Research on the possibility of utilizing blockchain and STO (Security Token Offering)
・Other business necessary to achieve the purpose of our association ・Businesses incidental to or related to the businesses listed above director:
・Representative Director Daizo Yokota (Representative Director and President of Clear Co., Ltd.)
・Director Hitoshi Oshima (Director and Executive Officer, Tosei Co., Ltd.) ・Director: Taizo Muroya (Director and Executive Officer, A.D. Works Co., Ltd.) ・Director Hiroyuki Sugimoto (Representative Director, Chairman, Group Executive Officer CEO, Sheila Technologies Co., Ltd.)
・Auditor Haruo Narimoto (TMI General Law Office Partner Lawyer) (appointed in June 2024)
Homepage: https://prop-crowdfunding.org/
*Sheila Technologies Co., Ltd. Company Profile*
Head Office: 7F Ebisu Prime Square, 1-1-39 Hiroo, Shibuya-ku, Tokyo Representative Director, Chairman, Group Executive Officer and CEO: Hiroyuki Sugimoto
Representative Director, President, Group Executive Officer and COO: Yoshiyuki Yufuji
Founded: September 29, 2010
Capital: 148,392,505 yen
Business details: Prop tech business centered on the asset management platform “Yiyoshi-kun”, development of Yiyi-kun AI
HP: https://syla-tech.jp/
* [Inquiries regarding this matter]*
Sheila Technologies Co., Ltd.
In charge: IR/PR Group Kubo
Phone: 03-4560-0663