HomeReleasesLeifras Revenue Hits Record High Amid School Club ...
Releases

Leifras Revenue Hits Record High Amid School Club Privatization Push

Leifras Revenue Hits Record High Amid School Club Privatization Push

Tokyo-based sports educator Leifras Co., Ltd. reported record-high quarterly revenue of JPY3.0 billion for the first quarter of fiscal year 2026, a 10% increase year-over-year. Despite a slight dip in operating income, the company is leveraging Japan’s national policy shift to transition school club activities to private-sector providers.

The company, which manages youth sports programs and community engagement services, saw its social business revenue climb 24.1% to JPY791.4 million. CEO Kiyotaka Ito attributed this growth to an expansion in school club support and after-school daycare operations. While sports school membership experienced a minor decline following seasonal graduations, higher monthly fees successfully offset the drop, resulting in a 5.6% revenue increase for that segment.

Financial statements show net income rose 1.5% to JPY124.3 million. Although operating income fell to JPY153.3 million from JPY166.1 million in the same period last year, management cited acquisition-related costs and strategic investments as necessary drivers for long-term growth. The company maintains its full-year financial guidance, projecting revenue between $82.9 million and $95.7 million for 2026, assuming no further restructuring or acquisition activities.

Share:TelegramXFacebook

Read Also

Comments (0)

Leave a comment

No comments yet. Be the first!