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LEIFRAS Co., Ltd. Explores Link Between Sports Engagement, Non-Cognitive Skills, and Academic Achievement via Proprietary EdTech Platform "Milabo"

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Leifras (Nasdaq:LFS) reported results from a one-year study using its EdTech platform Milabo at Hachioji Municipal Takane Elementary School in Tokyo, tracking 147 students in grades 4–6.

The research found a positive correlation (r = 0.21) between non-cognitive skill growth and academic scores, and moderate links between sports engagement and non-cognitive skills (r = 0.43 and r = 0.40). Milabo’s visual feedback supported metacognition, personalized teaching, and improvements across five indicators: courtesy and etiquette, leadership, cooperativeness, self-management, and problem-solving. Takane Elementary was selected for the Panasonic Education Foundation’s 52nd Practical Research Grant for FY2026, backing continued joint research and broader Milabo deployment across Japan.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

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Negative

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News Market Reaction – LFS

-4.60%
7 alerts
-4.60% News Effect
-6.1% Trough in 5 hr 27 min
-$3M Valuation Impact
$62.52M Market Cap
0.1x Rel. Volume

On the day this news was published, LFS declined 4.60%, reflecting a moderate negative market reaction. Argus tracked a trough of -6.1% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $3M from the company's valuation, bringing the market cap to $62.52M at that time.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement reinforces Milabo’s role, showing academic correlations up to r = 0.43 in a 147‑st...
Analysis

This announcement reinforces Milabo’s role, showing academic correlations up to r = 0.43 in a 147‑student study. History of strong reactions to growth news contrasts with execution risk around nationwide roll-out and deeper integration into Japan’s school systems.

Key Figures

Study duration: 1 year Student sample size: 147 students Assessment frequency: 3 times per year +5 more
8 metrics
Study duration 1 year Empirical research at Hachioji Municipal Takane Elementary School
Student sample size 147 students Grades 4–6 monitored over a full academic year
Assessment frequency 3 times per year Milabo-based non-cognitive skill assessments
Academic correlation r = 0.21 Growth of non-cognitive skills vs academic score improvements
Daily activity correlation r = 0.43 Non-cognitive scores vs daily physical activity
Exercise desire correlation r = 0.40 Non-cognitive scores vs desire to exercise outside class
Non-cognitive metrics 5 indicators Courtesy, leadership, cooperativeness, self-management, problem-solving
Price move pre-news 6.7% 24h move in LFS shares before this article

Historical Context

5 past events · Latest: Jun 23 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 23 Acquisition partnership Positive +6.7% Agreed to acquire Swift Japan to extend reach into childcare sector.
Jun 18 Earnings update Positive +6.1% Reported Q1 FY2026 record highs in revenue and net income.
Jun 17 Debt financing Positive +3.8% Issued SDGs private placement bonds to strengthen financial base and fund impact.
Jun 11 Expansion milestone Positive +17.4% Achieved multi-sport school presence across all 47 prefectures in Japan.
Jun 10 New contract Positive -1.0% Entered Kawasaki City via new school club support contract covering 10 clubs.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Shares have generally reacted positively to expansion and financial updates, with only one recent divergence on contract news.

Regulatory & Risk Context

Short Interest: 0.92%
Short Interest
0.92% of float
0% 15% 30%+
low as of 2026-05-29 Days to cover: 1

Reported short interest is relatively low, suggesting limited short-squeeze potential and generally lower volatility driven by forced covering.

Key Terms

non-cognitive skills, digital transformation ("dx"), metacognition, data analytics platform
4 terms
non-cognitive skills other
"development of non-cognitive skills (essential life skills), and subsequent improvement"
Non-cognitive skills are the personal and social abilities—like communication, teamwork, persistence, time management and emotional control—that shape how people behave, learn and interact on the job. For investors, these skills matter because they influence productivity, turnover, customer service and adaptability; a workforce with strong non-cognitive skills is like a well-tuned team where fewer mistakes, smoother collaboration and quicker problem-solving can translate into lower costs and steadier revenue growth.
digital transformation ("dx") technical
"an emerging approach in educational DX and support individualized, optimized"
Digital transformation ("DX") is the process a company uses to replace or upgrade traditional ways of working, products, and customer interactions with digital tools, data, and software-driven processes. Like renovating a neighborhood store to add an online shop, automated inventory and digital customer service, DX can cut costs, speed decisions, create new ways to make money and alter competitive position, so investors view it as a signal of potential future growth, efficiency and risk.
metacognition technical
"visual growth charts that enhanced students' metacognition, overall test groups"
Metacognition is the awareness and control of your own thinking processes—like having a coach who watches how you make decisions, spots mistakes, and suggests better strategies. For investors it matters because it helps identify biases, overconfidence, and faulty reasoning, so you can adjust your approach, learn from errors, and manage risk more deliberately rather than repeating impulsive or emotional choices.
data analytics platform technical
"through Leifras's proprietary non-cognitive skill assessment and data analytics platform"
A data analytics platform is software that gathers, organizes and examines large amounts of business and market information so patterns and insights become visible. Like a control center that turns raw signals into clear dashboards and reports, it helps investors see trends, spot risks, measure performance and test scenarios faster, making investment decisions more informed and timely.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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One-Year Study at a Public Elementary School Identifies Positive Correlation and Shows Potential of Individualized Digital Learning Solutions

TOKYO, June 25, 2026 /PRNewswire/ -- LEIFRAS Co., Ltd. (Nasdaq: LFS) (the "Company" or "Leifras"), a sports and social business company dedicated to youth sports and community engagement and Japan's leading operator of children's sports schools and school club activity support businesses, today announced the completion of a one-year empirical research study at Hachioji Municipal Takane Elementary School in Tokyo. Conducted through Leifras's proprietary non-cognitive skill assessment and data analytics platform, Milabo, the study identified a positive correlation between a student's positive attitude toward sports, the development of non-cognitive skills (essential life skills), and subsequent improvement in academic achievement. The findings further supported the effectiveness of the Company's technology-enabled educational approach and highlighted the potential of "Milabo" as a scalable digital transformation ("DX") solution for schools seeking more individualized and data-driven learning environments.

Milabo quantifies psychological growth to point toward an emerging approach in educational DX and support individualized, optimized learning environments. By enabling educators to visualize and measure developmental attributes, Milabo provides actionable insights that may support both student development and instructional decision-making.

Research Highlights: Relationship Between Sports, Non-Cognitive Growth, and Academic Performance

The study monitored 147 elementary school students (grades 4–6) over a full academic year, with assessments conducted three times per year via Milabo. The following key insights emerged:

  • Academic Correlation (r = 0.21): A positive correlation was observed between the growth of non-cognitive skills and improvements in academic scores. The data suggest that nurturing non-cognitive skills may contribute to stronger educational outcomes.
  • The Power of Sports Affinity: Students reporting higher levels of sports engagement, such as exercising daily or looking forward to physical education classes, exhibited significantly higher overall non-cognitive scores. A moderate correlation was found with daily physical activity (r = 0.43) and the desire to exercise outside of standard class time (r = 0.40).
  • Improvement Across Five Non-Cognitive Skill Metrics: Facilitated by visual growth charts that enhanced students' metacognition, overall test groups showed upward trajectories from the first to the third trimester across all five proprietary indicators: courtesy and etiquette, leadership, cooperativeness, self-management, and problem-solving.
  • Optimized Teaching and Metacognitive Feedback: Teachers utilized the immediate feedback data as a specialized diagnostic tool to customize inquiry-based learning processes, while students exhibited proactive and self-reflective behaviors.

Comment from the Project Lead at LEIFRAS Co., Ltd.

"The findings from this study illustrate that a child's love for sports fosters vital life skills, which subsequently improve their academic capabilities. This provides empirical, scientific backing for our long-standing education methodology to enhance fitness for both the mind and heart. To realize individualized learning, supporting educators with tools that objectively visualize unseen potential is indispensable. Through Milabo, we aim to expand this educational DX infrastructure nationwide to help children resiliently navigate this rapidly changing era."

Comment from Mr. Yota Gushima, Research Director at Takane Elementary School

"By deploying Milabo to visualize non-cognitive trends and provide immediate feedback, we have experienced tangible benefits both in student goal-setting and as a reliable guiding framework for teachers. We have witnessed qualitative changes in our classrooms; children are increasingly verbalizing positive mindsets, such as wanting to persevere longer or act more independently. We believe this is strong evidence that their capacity for metacognition is growing. Furthermore, our teaching staff can now pay much closer attention to each individual child's progress, enhancing the quality of our tailored instruction."

Future Outlook: Building a Sustainable Educational Ecosystem

Building on these empirical findings, Leifras intends to further investigate the mechanisms through which sports affinity may drive proactive behavior, non-cognitive growth, and academic achievement. Notably, Takane Elementary School has been selected for the Panasonic Education Foundation's 52nd Practical Research Grant for fiscal year 2026, supporting continued collaborative research. Moving forward, Leifras aims to partner with municipal governments, educational boards, and universities to expand the adoption of Milabo as an educational infrastructure solution across Japan that seeks to cultivate children's learning capacity.

About LEIFRAS Co., Ltd.

Headquartered in Tokyo, Leifras is a sports and social business company dedicated to youth sports and community engagement. The Company primarily provides services related to the organization and operations of sports schools and sports events for children. As of December 31, 2025, Leifras was recognized as one of Japan's largest operators of children's sports schools in terms of both membership and facilities by Tokyo Shoko Research. The Company's approach to sports education emphasizes the development of non-cognitive skills, following the teaching principle "acknowledge, praise, encourage, and motivate." The holistic approach that integrates physical and mental development sets Leifras apart in the industry. Building upon deep experience and know-how in sports education, Leifras also operates a robust social business sector, dispatching sports coaches to meet various community needs with the aim to promote physical health, social inclusion, and community well-being across different demographics.

For more information, please visit the Company's website: https://ir.leifras.co.jp/.

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 in this press release. 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 U.S. Securities and Exchange Commission (the "SEC"). Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the registration statement and other filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov.

For more information, please contact:

LEIFRAS Co., Ltd.
Investor Relations Department
Email: IR@leifras.co.jp 

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

Cision View original content:https://www.prnewswire.com/news-releases/leifras-co-ltd-explores-link-between-sports-engagement-non-cognitive-skills-and-academic-achievement-via-proprietary-edtech-platform-milabo-302807997.html

SOURCE LEIFRAS Co., Ltd.

FAQ

What did Leifras (LFS) announce on June 25, 2026 about its Milabo platform?

Leifras announced results from a one-year empirical study using its Milabo platform in a Tokyo elementary school. According to Leifras, Milabo data showed links between sports engagement, non-cognitive skill development, and improved academic performance in 147 students across three assessment periods.

What non-cognitive skills did Leifras (LFS) measure with Milabo in the 2026 study?

Milabo tracked five proprietary non-cognitive indicators: courtesy and etiquette, leadership, cooperativeness, self-management, and problem-solving. According to Leifras, all five metrics showed upward trajectories from the first to third trimester, supported by visual growth charts that strengthened student metacognition and proactive learning behaviors.

How many students were included in Leifras’ Milabo research and over what period?

The study followed 147 students in grades 4–6 over a full academic year at Takane Elementary School. According to Leifras, Milabo-based assessments were conducted three times annually, enabling educators to monitor psychological growth, adjust instruction, and analyze links between non-cognitive skills and academic performance.

What is the significance of the Panasonic Education Foundation grant for Leifras (LFS) and Milabo?

Takane Elementary was selected for the Panasonic Education Foundation’s 52nd Practical Research Grant for FY2026. According to Leifras, this grant supports continued collaborative research on Milabo and helps advance its goal of expanding the platform as educational infrastructure across Japan’s schools.

How are teachers using Leifras’ Milabo platform to improve instruction and student outcomes?

Teachers used Milabo’s immediate feedback as a diagnostic tool to tailor inquiry-based learning and monitor individual progress. According to Leifras, this data-driven approach fostered more proactive, self-reflective student behavior and helped educators deliver more personalized, higher-quality instruction in the classroom.

What future plans does Leifras (LFS) have for expanding Milabo in Japan’s education system?

Leifras plans to deepen research on how sports affinity drives non-cognitive growth and academics, while broadening Milabo adoption. According to Leifras, the company aims to partner with municipal governments, education boards, and universities to deploy Milabo as scalable educational infrastructure nationwide.