{"url_path":"/sec/lgps/10-k/2026/item-7","section_key":"item-7","section_title":"Item 7 MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-07-13","source_url":"https://www.sec.gov/Archives/edgar/data/2040290/0001493152-26-032936-index.html","accession_number":"0001493152-26-032936","cik":"0002040290","ticker":"LGPS","issuer_name":"LOGPROSTYLE INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2040290/0001493152-26-032936-index.html","primary_entity_key":"0002040290","primary_entity_name":"LOGPROSTYLE INC."},"word_count":432,"has_tables":true,"body_markdown":"**ITEM\n7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS**\n\n \n\n**A.\nMajor Shareholders**\n\n \n\nThe\nfollowing table and accompanying footnotes set forth certain information with respect to the beneficial ownership of our common shares,\nas of July 13, 2026, by:\n\n \n\n \n●\neach\nof our named executive officers, directors, and corporate auditors;\n\n \n \n \n\n \n●\nall\nof our named executive officers, directors, and corporate auditors as a group; and\n\n \n \n \n\n \n●\neach\nperson or entity (or group of affiliated persons or entities) known by us to be the beneficial owner of 5% or more of our common\nshares.\n\n \n\nTo\nour knowledge, each shareholder named in the table has sole voting and investment power with respect to all of our common shares shown\nas “beneficially owned” (as determined by the rules of the SEC) by such shareholder, except as otherwise set forth in the\nfootnotes to the table. The SEC has defined “beneficial” ownership of a security to mean the possession, directly or indirectly,\nof voting power and/or investment power.\n\n \n\nThe\npercentages reflect beneficial ownership (as determined in accordance with Rule 13d-3 under the Exchange Act) as of July 13, 2026, based\non 23,610,870 common shares outstanding.\n\n \n\nExcept\nas noted in the footnotes to the table below, the address for all of the shareholders in the table below is c/o LogProstyle Inc., 1-2-3,\nKita-Aoyama, Minato-ku, Tokyo.\n\n \n\n76\n\n \n\n \n\n  \nCommon\nShares Beneficially Owned \n\n  \nNumber  \nPercent \n\nDirectors, Corporate Auditors\nand Executive Officers: \n    \n   \n\n  \n    \n   \n\nYasuyuki Nozawa(1) \n 16,251,750  \n 68.83%\n\n  \n    \n   \n\nSatoshi Oyamatsu \n 542,658  \n 2.30%\n\n  \n    \n   \n\nKentaro Tachibana \n 15,000  \n * \n\n  \n    \n   \n\nKatharyn (Katie) Field \n -  \n -%\n\n  \n    \n   \n\nJohn Stapleton \n -  \n -%\n\n  \n    \n   \n\nIsaac Freites \n -  \n -%\n\n  \n    \n   \n\nYuki Ide (Ito) \n 21,000  \n * \n\n  \n    \n   \n\nRyu Ishida \n -  \n -%\n\n  \n    \n   \n\nRuriko Takeuchi \n -  \n -%\n\n  \n    \n   \n\nHiroyuki Nozawa \n 379,500  \n 1.61%\n\n  \n    \n   \n\nTetsuya Hasegawa \n 18,000  \n * \n\n  \n    \n   \n\nMasanori Oshima \n 18,000  \n * \n\n  \n    \n   \n\nRyuji Kitagawa \n -  \n -%\n\n  \n    \n   \n\nNoriyoshi Aoshima \n 3,000  \n * \n\n  \n    \n   \n\nTakayuki Shinmei \n 6,000  \n * \n\n  \n    \n   \n\nTaiji Ito \n -  \n -%\n\n  \n    \n   \n\nKeien Natsume \n -  \n -%\n\n  \n    \n   \n\nAkihisa Ishibashi \n -  \n -%\n\n  \n    \n   \n\nAll directors, corporate\nauditors and executive officers as a group (18 individuals): \n 17,254,908  \n 73.1%\n\n  \n    \n   \n\n5% Shareholders: \n    \n   \n\n  \n    \n   \n\nPropolife, LLC.(1) \n 16,251,750  \n 68.83%\n\n \n\n*\nLess than 1%\n\n \n\n(1)\nRepresents:\n(i) 6,878,250 Common Shares directly beneficially owned by Yasuyuki Nozawa; and (ii) 9,373,500 Common Shares held by Propolife, LLC.,\na Japanese company 100% owned by Yasuyuki Nozawa, our chief executive officer, president and representative director. As Yasuyuki\nNozawa has sole voting and dispositive power over these Common Shares, he is deemed to be the beneficial owner of these Common Shares.\nThe address for Propolife, LLC. is 1-14-10 Shirokane, Minato-ku, Tokyo 108-0072, Japan.\n\n \n\n**B.\nRelated Party Transactions**\n\n \n\nNone.\n\n \n\n**Family\nRelationships**\n\n \n\nMr.\nYasuyuki Nozawa, our chief executive officer, president and representative director, and Mr. Hiroyuki Nozawa, our executive officer,\nare brothers.\n\n \n\n**C.\nInterests of Experts and Counsel**\n\n \n\nNot\napplicable.\n\n \n\n77"}