Leifras Co., Ltd. Strengthens Financial Foundation
Leifras Co., Ltd., a company dedicated to the operation of sports schools for children and support for community sports initiatives, has recently announced the establishment of a commitment line agreement worth a total of 2.5 billion yen. This strategic move involves collaboration with Chikuko Bank, a leading regional financial institution, and Mizuho Bank, one of Japan’s megabanks, both serving as arrangers and agents for this significant financial commitment.
Purpose of the Agreement
The primary goal of securing this commitment line is to bolster Leifras's financial foundation as it prepares for its anticipated listing on the NASDAQ market in October 2025. The company is driven by its philosophy of "Changing and Designing Sports," and is focused on accelerating its global business expansion. This financial support reflects the high regard for Leifras's business capabilities and financial health.
Overview of the Commitment Line
The commitment line is structured through two main arrangements:
1.
Chikuko Bank Arrangement
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Amount: 1 billion yen
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Arranger and Agent: Chikuko Bank
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Lenders: Chikuko Bank and SBI Shinsei Bank
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Purpose: Working capital
2.
Mizuho Bank Arrangement
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Amount: 1.5 billion yen
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Arranger and Agent: Mizuho Bank
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Lenders: Mizuho Bank, Saga Bank, Fukuoka Bank, Resona Bank
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Purpose: Working capital
This diversified funding approach enables Leifras to maintain agile financial operations while ensuring that its growing business is adequately supported.
Future Plans
Looking ahead, Leifras is poised to focus on expanding both its school and social business initiatives. The company recognizes the increasing global emphasis on nurturing non-cognitive skills in children, with ongoing research progressing rapidly in Europe and North America. Leifras intends to leverage its established educational methods aimed at developing these non-cognitive skills and to extend its offerings overseas. By acquiring sports schools focused on children in other countries, Leifras aims to promote its sports services globally and contribute to the development of children's non-cognitive abilities worldwide.
Company Overview
Leifras Co., Ltd. is driven by the mission of solving social issues through sports. With a vision to “Change and Design Sports,” the company practices social business and recognizes its role in contributing to society through various initiatives. Currently, Leifras serves approximately 70,000 members across its children’s sports school programs and is dedicated to continuing its efforts in the sports business. Key areas include support for club activities, healthcare initiatives, and community cooperation projects.
- - Company Name: Leifras Co., Ltd.
- - Public Market: Nasdaq Capital Market
- - Ticker: LFS
- - Headquarters: 20th Floor, Ebisu Garden Place Tower, 4-20-3 Ebisu, Shibuya, Tokyo, Japan
- - Founded: August 28, 2001
- - CEO: Kiyotaka Ito
- - Capital: 784,666,480 yen (including capital reserve)
- - Business Areas: Sports school operations, event management, alliance projects, support for club activities, community projects, healthcare, and after-school services named 'LEIF'.
- - Website: Leifras Homepage
- - IR site: Leifras IR Site
With these ambitious plans and strong financial backing, Leifras Co., Ltd. is set to impact not only Japanese sports education but also the global landscape of child development through sports.