Leopalace21 Corporation

Leopalace21 Corporation

Leopalace21 Corporation, also known as Leonet, is a privately owned company headquartered in Japan. Founded in 1973, it employs approximately 3,000 individuals. Functioning as a tier 1 media tech buyer, the company provides media and TV services. It specializes in real estate and residential property management, encompassing the construction, leasing, and management of apartments. The company focuses on single-occupancy housing, catering to university students, corporate employees on temporary assignment, and foreign residents. As of 2026, Leopalace21 operates as a Smart Housing Tech provider, managing over 560,000 apartment units across Japan. Its offerings include all-inclusive furniture and appliance packages and its proprietary LEONET high-speed internet system.

Revenue

Founded

1973

Headcount

3,000

Headquarters

Japan

Primary Segment

Media and TV services

Ownership

Privately Owned

News Summary:

Leopalace21 announced on April 28, 2026, that its Leopalace Centers would close for the Golden Week Holiday from May 2 to May 6, suspending store visits, inquiries, and key handovers during that period. Previously, on March 31, 2026, the company stated it would consolidate its stores. Earlier, on February 27, 2026, Leopalace21 outlined a planned JPY 30.0 billion term loan agreement with Mizuho Bank, intended to refinance existing debt and clarify its income outlook and funding structure. This followed the release of the company's nine-month results to December 31, 2025, and new earnings guidance for the fiscal year ending March 31, 2026. Leopalace21 had reported strong financial results on February 19, 2026, for the first nine months of the fiscal year, achieving net sales of JPY332.7 billion, operating profit of JPY28.6 billion, recurring profit of JPY27.8 billion, and net income of JPY10.0 billion, alongside issuing earnings guidance and outlining a sizable refinancing term loan.

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Leopalace21 Corporation offers 2 products in the media and telecoms services industry. Leopalace21 Corporation's product portfolio comprises of telecoms and media and TV services.
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Examples of Leopalace21 Corporation's suppliers include Google, Mitsumi Electric and Foxconn (Hon Hai).

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