Leifras Stock Gets Fresh Japan Reform Catalyst, But Shares Still Face a Credibility Test
Leifras Co.’s American depositary shares closed Thursday at $2.96, down 4.5%, ahead of U.S. trading. The Tokyo firm announced new fiscal 2026 contracts to manage school club activities for 24 local governments and eight private junior highs, including five new urban contracts. Leifras reported 2025 revenue of 11.7 billion yen, up 13.5%. The company estimates the potential market at 500 billion yen.