LEIFRAS Co., Ltd. Awarded Contract for Nagoya City Regional Club Activity Facility Management and Operation Services
Rhea-AI Summary
Leifras (Nasdaq: LFS) was awarded a contract by the City of Nagoya to provide Regional Club Activity Facility Management and Operation Services starting October 2025.
The contract covers access and weekend operation of facilities at 111 municipal junior high schools, including gymnasiums, martial arts dojos, athletic fields, music rooms, and art rooms. Leifras will coordinate with Nagoya City officials and school administrators to manage facility use by community organizations on Saturdays and Sundays and said it will work to ensure the safe and secure operation of weekend club activities.
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News Market Reaction – LFS
On the day this news was published, LFS declined 5.15%, reflecting a notable negative market reaction. Argus tracked a peak move of +3.0% during that session. Argus tracked a trough of -31.0% from its starting point during tracking. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $69M at that time.
Data tracked by StockTitan Argus on the day of publication.
~Supporting the Establishment of a New Extracurricular Club Activity Framework for Nagoya Municipal Junior High Schools~
Beginning October 2025, the
The objective of this project is to manage and operate these open school facilities in close coordination and collaboration with
Leifras is committed to working diligently to ensure the safe and secure operation of these club activities for the
About LEIFRAS Co., Ltd.
Headquartered in
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the registration statement filed with the
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SOURCE LEIFRAS Co., Ltd.