Business
LEIFRAS Co., Ltd. Awarded Contract to Manage Community-Based Club Activities in Muroran City, Hokkaido
LEIFRAS Co., Ltd. (Nasdaq: LFS) (the "Company" or "Leifras"), a sports and social business company dedicated to youth sports and community engagement, today announced that it has been awarded a contract by Muroran City, Hokkaido to provide community-based club activity management services (the "Contract").
About this update from Latitude Group Holdings Ltd.
[{"type":"text","content":"Introducing "Free Club," a New Model Different From Traditional Club Activities","length":89,"tagName":"p"},{"type":"text","content":"TOKYO, March 4, 2026 /PRNewswire/ -- LEIFRAS Co., Ltd. (Nasdaq: LFS) (the "Company" or "Leifras"), a sports and social business company dedicated to youth sports and community engagement, today announced that it has been awarded a contract by Muroran City, Hokkaido to provide community-based club activity management services (the "Contract").","length":374,"tagName":"p"},{"type":"text","content":"Background","length":10,"tagName":"p"},{"type":"text","content":"Muroran City is experiencing a rapid decline in the birthrate, resulting in reduced enrollment in school club activities and challenges for students to form teams or participate in tournaments. To address these challenges, Muroran City has adopted a basic policy to "transition all school club activities to privately operated community-based activities by the end of fiscal year 2031," and is working to create a community-wide platform to support sports, cultural, and artistic activities for junior high school students.","length":533,"tagName":"p"},{"type":"text","content":"Contract Overview","length":17,"tagName":"p"},{"type":"text","content":"Client: Muroran City, Hokkaido","length":30,"tagName":"p"},{"type":"text","content":"Contract Period: April 2026 - March 2029","length":40,"tagName":"p"},{"type":"text","content":""Free Club" - A New Style Leifras Offers","length":50,"tagName":"p"},{"type":"text","content":"Leifras plans to launch "Free Club" designed to broaden students' access to club experiences.","length":107,"tagName":"p"},{"type":"text","content":"Feature 1: A Diverse Experience Through Monthly Rotation","length":56,"tagName":"p"},{"type":"text","content":"Students will be able to select from a lineup of sports and cultural activities that change each month. For example, activities may include volleyball in April, dance in May, and brass band in June.","length":198,"tagName":"p"},{"type":"text","content":"*Actual activities are currently under review.","length":46,"tagName":"p"},{"type":"text","content":"Feature 2: No Experience Required","length":33,"tagName":"p"},{"type":"text","content":"Students can try activities that interest them, regardless of their ...