Lead Real Estate Co., Ltd.
(Note: This is an IPO of American Depositary Shares to be listed on the NASDAQ. Each ADS represents one ordinary share.)
We seek to leverage our nationally recognized award-winning luxury homes and our strong market position in the luxury residential property market in Tokyo and Kanagawa prefecture to create a global transaction platform allowing access to prime Japanese condominiums as well as overseas condominiums, including in the U.S. and Hong Kong. (Incorporated in Japan)
We are a growing developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. In addition, we operate hotels in Tokyo and lease apartment building units to individual customers in Japan and Dallas, Texas.
We primarily generate revenue from developing and selling single-family homes and condominiums. Since our inception in 2001, we have delivered more than 1,000 single-family homes and 25 condominiums. The target customers of our single-family homes are wealthy family buyers who are looking for luxury single-family homes as their primary residence, while the target customers of our condominiums are institutional customers who look to purchase entire condominiums for investment purposes.
In addition, we launched our interactive media platform, Glocaly, in October 2021, as a listing and marketing platform seeking to facilitate matching of sellers and buyers of condominiums.
(Note: Lead Real Estate Co., Ltd.’s IPO is temporarily on hold after the NASDAQ put approval of small-cap IPO listings on hold during the week of Sept. 19, 2022; the pricing date is now TBA. Lead Real Estate Co., Ltd. had previously expected to price its IPO (American Depositary Shares) on Sept. 26, 2022, with a NASDAQ trade date of Sept. 30, 2022. Lead Real Estate Co., Ltd. filed its F-1 (prospectus) with terms included on Aug. 11, 2022. The company is known in Japan as Kabushiki Kaisha Lead Real Estate. The company filed confidential IPO documents with the SEC on April 7, 2022.)
|Address||6F, MFPR Shibuya Nanpeidai Building 16-11 Nampeidai-cho, Shibuya-ku Tokyo, 150-0036, Japan|
|Phone Number||+81 03-5784-5127|
|View Prospectus:||Lead Real Estate Co., Ltd.|
|Revenues||$119.89 mil (last 12 months)|
|Net Income||$3.63 mil (last 12 months)|
|Price range||$12.00 - $15.00|
|Est. $ Volume||$27.0 mil|
|Manager / Joint Managers||Network 1 Financial Securities|
|Expected To Trade:||9/30/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|