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Leifras Notice regarding the conclusion of a commitment line agreement totaling 2.5 billion yen to diversify fund-raising channels and strengthen the financial base
Prnewswireยท 2025-12-25 14:00
Core Insights - Leifras Co., Ltd. has entered into a commitment line agreement totaling 2.5 billion yen with Chikuho Bank and Mizuho Bank to secure flexible financing and strengthen its financial base [1][2][3] Financing Details - The commitment line consists of two projects: - Chikuho Bank Arrangement Project: 1 billion yen, signed on October 31, 2025, for working capital [4] - Mizuho Bank Arrangement Project: 1.5 billion yen, signed on November 19, 2025, for working capital [4] Business Expansion Plans - The company aims to accelerate global business expansion, focusing on developing children's non-cognitive abilities and expanding its sports school services internationally [2][5] - Leifras plans to acquire overseas children's sports schools to promote global sports services and contribute to children's development [5] Company Profile - Leifras Co., Ltd. operates sports schools for children and has approximately 70,000 members in its sports school business [6] - The company is listed on the NASDAQ Capital Market under the ticker LFS and was established on August 28, 2001 [7][8]