How LogProstyle’s Japanese Tax Refund Benefits Shareholders Worldwide

Published on December 27, 2025

Recently, LogProstyle Inc., one of the largest real estate, hotel, and restaurant management companies, announced some changes to give refunds of the previously charged Japanese withholding tax on cash dividends that affect everyone, even non-residents and Foreign Shareholders. LogProstyle Inc. is also on the New York Stock Exchange (LGPS) and provides updates on tax refunds, which is the subject of this post on December 27, 2025.

Refinancing cash dividends to be paid on 5 August 2025 will focus on refunds to shareholders, subject to the necessary provisions of the laws applicable in Japan. The claiming of refunds on tax withheld would be cleared through the Japanese tax authorities’ offices following consultation with the company.

Explaining the Withholding Tax Refund Procedure

Refundable tax is the Withholding tax previously deducted. The cash dividend appears scheduled on 5 August 2025, the dividend paying date of 0.023 USD per share record date of July 7, 2025. Withholding tax originally is 20.42%, the maximum domestic rate that is Japanese tax withheld.

The company’s research showed that due to the National Tax Agency of Japan’s most recent regulation, the amount of tax, which the company correctly reported, is excessive and is not appropriate. It was determined that there are various classes of shareholders, and those classes of shareholders are subject to different tax withholding rates.

The tax withholding rates are, except a few large individual shareholders which at that point, for which the tax withholding rate changes to 20.42%, are 15.315%, and it is the same for foreign corporations. There are individual shareholders that fall under certain classes, and those specific individuals have no tax withholding obligation, so there is a 0% rate, which means no tax withholding.

LogProstyle Inc. has stated that it has begun the process of applying for a tax refund to the shareholders. The company has merely stated that this amount is the higher tax rate that was withheld, and the amount that should have been withheld, which is 15.315%, is correct on the tax withholding amount. There is certain documentation that has to be given for shareholders to be able to have the tax refund.

Required documentation for refund requests

Detailed instructions must be given to shareholders for them to get their refund. This includes filling out the Withholding Tax Refund Application Form. The company provides these instructions in English and Japanese to accommodate all shareholders. Also, shareholders must submit a dividend statement from their securities company.

The company provides the requested instructions on its homepage. The company can also be contacted through email to obtain the required documentation. Shareholders can submit their documentation through mail or email, depending on their preferences.

Instruction details

When sending in the paperwork, shareholders can mail their refund request forms to the administration office in Tokyo of LogProstyle Inc. Also, shareholders can directly email the designated address to submit their application forms.

The company will only review refund requests that are verified and fully completed. Refund requests must be approved by the Japanese tax office. The company cannot speed up this process, since it depends on the number and speed of tax office requests.

Refund Eligibility and Approval Process

LogProstyle Inc. explained that the refund process depends on both the eligibility of the shareholders and the Japanese tax authorities and their refund approval process. For eligible shareholders who have been over-withheld on their tax rates, they state that this could take quite some time before commencing the refund issuance.

Eligibility of the shareholders pertains to the criteria established by the tax authorities, and the company has indicated to eligible shareholders that it is doing its best in expediting the process. With that being said, it’s been made clear that the company must warn everyone that changes in tax-related policies and regulations could hurt the time it takes to refund and the amount of the refund.

Forward-Looking Statements

Like in most financial updates, the company provided so-called ‘forward-looking statements’. In this instance, it pertains to the refund process and the timelines surrounding said processes. As indicated by LogProstyle Inc, while they expect the changes to refund the shareholders expeditiously, changes in tax policies during the process, or administrative policies, could create unforeseen delays.

Every effort is being made by the company to allow shareholders to receive the refunds to which they are entitled, and it is within the company’s policies to update the affected shareholders on all developments relating to the refund. Thus, shareholders must monitor status updates to actively manage their expectations.

Conclusion

In getting a Japanese withholding tax on cash dividends, LogProstyle Inc. makes sure its shareholders get their rightful refunds. LogProstyle Inc. now works to refund shareholders’ excess tax withholding as shareholders follow procedures to enable LogProstyle Inc. to refund tax excess withholding on cash dividends.

LogProstyle Inc. continues to enhance its commitment to operational transparency as they pursue initiatives, including this tax refund, that will enhance operational trust. They will improve operational transparency in the dividends issued to shareholders and will rely on this trust to improve operational effectiveness.