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LEIFRAS (LFS) to acquire Well Resources child day care business

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

LEIFRAS Co., Ltd. entered into a business transfer agreement to acquire the child development support and after-school day care service business of Well Resources Co., Ltd. in Japan. The deal covers operations at four facilities located in Miyagi Prefecture.

The transfer includes tangible assets, equipment, consumables, customer information, and key contracts such as facility and parking leases and user agreements. LEIFRAS will not assume Well Resources’ liabilities except as expressly stated in the agreement. The business transfer is expected to become effective on May 1, 2026, subject to customary closing conditions and was approved by LEIFRAS’ board of directors on February 25, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16

UNDER
THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

LEIFRAS Co., Ltd.

 

Ebisu Garden Place Tower Floor 17
4-20-3, Ebisu, Shibuya-ku
Tokyo, Japan
+81-30-6451-1341

(Address and telephone number, including area code, of Registrant’s principal executive offices)

 

 

 

 

 

 

Entry into Business Transfer Agreement in Respect of Well Resources Co., Ltd.

 

On February 27, 2026, LEIFRAS Co., Ltd. (the “Company”) entered into a business transfer agreement (the “Business Transfer Agreement”) with Well Resources Co., Ltd. (“Well Resources”), a company registered in Japan , with respect to Well Resources’ child development support and after-school day care service business (the “Business”).

 

Pursuant to the Business Transfer Agreement, Well Resources agreed to transfer to the Company the Business operated four facilities located in Miyagi Prefecture, Japan (the “Business Transfer”). The assets to be transferred in connection with the Business Transfer include certain tangible assets, equipment and consumables, and customer information and other information necessary for the operation of the Business. In addition, certain contractual relationships necessary for the operation of the Business, including facility and parking lot lease agreements and user contracts, will be succeeded to by the Company. The Company will not assume any liabilities of Well Resources in connection with the Business Transfer, except as expressly provided in the Business Transfer Agreement. The Business Transfer is expected to become effective on May 1, 2026, subject to the satisfaction or waiver of customary closing conditions set forth in the Business Transfer Agreement.

 

The foregoing description of the Business Transfer Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the English translation of the Business Transfer Agreement, which is filed as Exhibit 10.1 to this Form 6-K.

 

The Business Transfer Agreement and the transactions contemplated thereby were approved and authorized by the board of directors of the Company on February 25, 2026.

 

1

 

 

Exhibit Index

 

Exhibit No.   Description
10.1   English translation of Business Transfer Agreement by and between Well Resources Co., Ltd. and Leifras Co., Ltd dated February 27, 2026

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  LEIFRAS Co., Ltd.
     
Date: March 5, 2026 By: /s/ Kiyotaka Ito
  Name:  Kiyotaka Ito
  Title: Representative Director and Chief Executive Officer

 

3

FAQ

What business is LEIFRAS (LFS) acquiring from Well Resources?

LEIFRAS is acquiring Well Resources’ child development support and after-school day care service business. The transaction covers operations at four facilities in Miyagi Prefecture, including related assets, customer information, and key operating contracts needed to continue the services.

Where are the acquired LEIFRAS (LFS) facilities from Well Resources located?

The business LEIFRAS is acquiring consists of four facilities located in Miyagi Prefecture, Japan. These facilities provide child development support and after-school day care services, and their associated leases and user contracts will be transferred to LEIFRAS under the agreement.

When is the LEIFRAS (LFS) and Well Resources business transfer expected to take effect?

The business transfer from Well Resources to LEIFRAS is expected to become effective on May 1, 2026. This effective date depends on the satisfaction or waiver of customary closing conditions defined in the business transfer agreement between the two companies.

What assets are included in the LEIFRAS (LFS) acquisition from Well Resources?

The assets include certain tangible assets, equipment, consumables, customer information, and other operational data. In addition, LEIFRAS will succeed to important contracts such as facility and parking lot lease agreements and user contracts associated with the transferred child care business.

Will LEIFRAS (LFS) assume Well Resources’ liabilities in this transaction?

LEIFRAS will not assume any liabilities of Well Resources in connection with the business transfer, except as expressly provided in the business transfer agreement. This structure means only specifically agreed obligations move over with the acquired child development and after-school day care operations.

Who approved the LEIFRAS (LFS) acquisition of Well Resources’ child care business?

The transactions under the business transfer agreement were approved and authorized by the board of directors of LEIFRAS. This board approval occurred on February 25, 2026, ahead of the agreement being signed on February 27, 2026, between the two companies.

Filing Exhibits & Attachments

1 document

Agreements & Contracts

Leifras Co. Ltd.

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