LEIFRAS Co., Ltd. · NASDAQ:LFS
LEIFRAS — H1 FY2025 Earnings Presentation
25 slides from LEIFRAS's earnings presentation, October 2025
Slide 1: H1 FY2025 Financial Results Presentation
H1 FY2025 Financial Results Presentation Leifras Co., Ltd. (Nasdaq: LFS) ｜ October 2025 © LEIFRAS CO.,LTD.
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements that reflect our current expectations and views of future events, all of which are subject to risks and uncertainties. Forward-looking statements give our current expectations or forecasts of future events. You can iden
Slide 3: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 2
Slide 4: Company Overview
Company Overview Our corporate philosophy is “to change and design sports”. We believe that challenges facing schools, families, administrations, and corporations can be improved and resolved by social contribution and educational guidance through sports. Corporate Information ⚫ Company Name Leifras
Slide 5: Sports School Business
Company Overview Sports School Business A Core Business Driving Our Growth – “Sports School Business” Our approach to sports education emphasizes the development of non-cognitive skills, which are crucial for success both inside and outside the sports arena. Following our teaching principle “acknowl
Slide 6: School Club Support Business
Company Overview School Club Support Business A Core Pillar of Our Growth Strategy – “School Club Support Business” Building upon our experience and know-how in sports education, our social business mainly dispatches sports coaches to meet various community needs. Our school club support business pr
Slide 7: After-School Daycare Service
Company Overview After-School Daycare Service Balancing Social Contribution and Business Growth – “After-School Daycare Service” The after-school daycare service “LEIF” emphasizes the holistic development of children with disabilities or unique developmental characteristics by integrating sports wit
Slide 8: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 7 There is no guarantee that any specific outcome will be achieved. Inv
Slide 9: Business model
Business model and Seasonality of Operations Business model Currently, our revenue is primarily generated from two main business segments the “Sports School Business” and the “Social Business”. Sports School Business Social Business ● Service Overview ● Service Overview Our approach to sports educat
Slide 10: Seasonality of Operations
Business model and Seasonality of Operations Revenue (in million of JPY) Seasonality of Operations 6,423 5,556 5,489 Seasonality: Our business is subject to seasonal fluctuations. 5,077 4,773 Seasonality in the Sports School Business 4,227 • The number of members temporarily declines around March, w
Slide 11: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 10
Slide 12: School Club Support Business — Market
School Club Support Business — Market & Revenue Mix School Club Support Business — Market 1 ⚫ There are approximately 9,800 junior high schools across Japan, including both public and private institutions (Source: Government Statistics Portal, URL: https://www.e-stat.go.jp/stat-search/files?page=1&s
Slide 13: Supplementary Materials
School Club Support Business — Market & Revenue Mix Supplementary Materials ⚫ Number of Public and Private Junior High Schools Nationwide ※Source: e-Stat (Portal Site of Official Statistics of Japan)（https://www.e-stat.go.jp/stat-search/files?stat_infid=000040309509） • Academic Year 2025: 9,827 scho
Slide 14: Social Business Revenue Share Trend
School Club Support Business — Market & Revenue Mix Social Business Revenue Share Trend ⚫ Increase of the Social Business (Support for School Sports Club Activities) revenue share ⚫ Securing a stable market share with long term business partners, in line with market growth Social Business Revenue Sh
Slide 15: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 14
Slide 16: H1 FY2025 Highlights
H1 FY2025 Highlights KPI Highlights - H1 FY2025 ⚫ Performance continues to show steady growth, driven by the Sports School Business and the Social Business (Support School Club Support Business and After- school Daycare Service). ⚫ In the Sports School Business, membership temporarily declined in Ma
Slide 17: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 16
Slide 18: Unaudited Interim Condensed Consolidated Statements of Income
H1 FY2025 Results UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME ⚫ Growth in membership of the Sports School Business and an increase in the number of contracted schools in the Social Business drove overall performance ⚫ Despite higher expenses associated with business expansion, inco
Slide 19: Segment Results
Segment Results Revenue Growth Sports School Business Social Business Stable growth driven by increases Sustained high growth through an increase in membership and event participation in the number of contracted schools Revenue USD 27M Revenue USD 11M (YoY % change +8.5%) (YoY % change +35.4%) Facto
Slide 20: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 19
Slide 21: Full Year 2025 Guidance
Earnings Forecast Full Year 2025 Guidance ⚫ Net sales are expected to be between USD 80.2 million and USD 82.6 million, representing a year-on-year growth of approximately 11.9% to 15.3% compared to the full year of FY2024. ⚫ Operating profit is projected to range between USD 4.0 million to USD 4.8
Slide 22: Contents
Contents 1. Company Overview 2. Business model and Seasonality of Operations 3. School Club Support Business — Market & Revenue Mix 4. H1 FY2025 Highlights 5. H1 FY2025 Results 6. Earnings Forecast 7. Appendix © LEIFRAS CO.,LTD. 21
Slide 23: Unaudited Interim Condensed Consolidated Balance Sheets
Appendix UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS ⚫ Total Assets Growth: Total Assets increased by USD 1.6 million, primarily due to a rise in non-current assets, with the significant growth in non-current assets mainly driven by investments related to the office relocation. ⚫ Strong
Slide 24: Unaudited Interim Condensed Consolidated Statements of Cash Flows
Appendix UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS ⚫ Operating cash flow: Positive, led by net income & contract liabilities ⚫ Investing cash flow : Outflows from acquisition of property, plant & equipment ⚫ Financing cash flow : Outflows from repayment of borrowings & bonds
Slide 25: Contact Us
Contact Us LEIFRAS Co., Ltd. Investor Relations Department Email: IR@leifras.co.jp © LEIFRAS CO.,LTD. 24