SYLA Technologies Elects New Directors and Corporate Auditor

GlobeNewswireJuly 10, 20235 min

SYLA Technologies Co., Ltd, operator of the largest membership real estate crowdfunding platform in Japan, announced the election of four new directors, including three independent directors, and one outside corporate auditor at its Extraordinary General Meeting of Shareholders held on June 30, 2023. The Company believes that these changes will strengthen its global management structure. At the meeting, shareholders elected Mr. Takeshi Fuchiwaki as a director, Messrs. Stuart Gibson, Yozo Tachibana and Keiji Torii as independent directors, and Ms. Keiko Yokoyama as an outside corporate auditor.

The election of Mr. Fuchiwaki as a new director promotes and expands SYLA’s core business as a prop-tech company. Mr. Fuchiwaki has over 13 years of experience working for global companies such as GE Healthcare and has served as SYLA’s Group Executive Officer and CGO since 2022.

In addition to Mr. Takeshi Fuchiwaki’s election as a new director, SYLA’s shareholders also elected three independent directors. This includes Mr. Gibson, who has more than 24 years of experience in real estate development and real estate investment in Asia (predominantly Japan), including 15 years in the Japanese industrial real estate sector, and is now CEO of ESR LTD. This also includes Mr. Tachibana, who served as President and Representative Director of Rakuten Baseball, Inc. His tenure with Rakuten Baseball included the team’s first league championship, as well as the first place in its Japanese league. He also served as President and Representative Director of Rakuten Vissel Kobe, Inc., where he helped the team become the first in the J-League to surpass 10 billion yen in operating revenue.

Shareholders also elected Mr. Torii as an independent director. Mr. Torii has served as SYLA’s corporate auditor, as Executive Vice President of Mizuho Financial Group, Inc. and Executive Vice President of Mizuho Information & Research Institute, Inc.

In addition, Ms. Yokoyama, a certified public accountant who has served as an independent director and corporate auditor for several companies including Karadanote Inc., was elected an outside corporate auditor of SYLA.

“We are excited to welcome Mr. Fuchiwaki, Mr. Gibson, Mr. Tahibana, Mr. Torii as directors, and Ms. Yokoyama as corporate auditor,” said SYLA’s Chairman, Founder, and CEO Hiroyuki Sugimoto. “With these appointments, we aim to further strengthen our base for growth, increasing our corporate value proposition and realizing our mission of democratizing real estate investment. We are confident that their combined valuable insights and perspectives will contribute to our continued growth and success in the real estate crowdfunding and technology development industries.”

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