NASDAQ : LFS
Leifras Co., Ltd. — Financial statements
Consumer Staples · Education & Training Services · Japan
Last price 2.1 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 54.94M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Leifras Co., Ltd. (LFS) reported revenue of 12.22B JPY (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 12.22B | 11.73B | 10.33B | 9.30B | 7.68B | 6.25B |
| Cost of Revenue | 8.23B | 8.07B | 7.22B | 6.97B | 5.59B | 4.69B |
| Gross Profit | 3.99B | 3.66B | 3.11B | 2.34B | 2.10B | 1.56B |
| Selling, General & Admin | 3.04B | 2.78B | 2.39B | 1.82B | 1.86B | |
| Other Operating Expenses | 168.02M | 131.62M | 85.76M | 27.43M | 1.50B | |
| Operating Expenses | 3.34B | 3.04B | 2.59B | 1.94B | 1.95B | 1.50B |
| Operating Income | 651.79M | 627.41M | 519.76M | 395.66M | 141.82M | 56.17M |
| Interest Expense | -12.54M | -16.48M | -16.50M | -13.83M | -13.34M | -10.39M |
| Interest & Investment Income | 5.18M | 3.81M | 333.70K | 319.56K | 237.93K | |
| Other Non Operating Income (Expenses) | 21.06M | -8.06M | 35.42M | 28.59M | 36.40M | -9.51M |
| EBT Excluding Unusual Items | 665.49M | 606.67M | 539.02M | 410.73M | 165.12M | 36.27M |
| Gain (Loss) on Sale of Investments | 5.69M | 801.50K | -87.50K | 175.00K | 89.19M | |
| Gain (Loss) on Sale of Assets | -198.39K | -659.44K | -944.33K | -712.15K | -3.41M | |
| Pretax Income | 670.98M | 606.82M | 537.98M | 410.20M | 250.90M | 36.27M |
| Income Tax Expense | 209.15M | 168.36M | 119.35M | 164.86M | 75.70M | -88.42M |
| Net Income to Company | 438.46M | 418.63M | 245.34M | 175.20M | ||
| Net Income | 461.83M | 438.46M | 418.63M | 245.34M | 175.20M | 124.69M |
| Net Income to Common | 461.83M | 438.46M | 418.63M | 245.34M | 175.20M | 124.69M |
| Shares Outstanding (Basic) | 25.82M | 25.19M | 24.91M | 25.30M | 25.28M | |
| Shares Outstanding (Diluted) | 25.82M | 25.19M | 26.52M | 28.56M | 28.56M | |
| EPS (Basic) | 17.89 | 17.41 | 16.81 | 9.70 | 6.93 | |
| EPS (Diluted) | 17.88 | 17.40 | 15.78 | 8.59 | 6.13 | |
| Free Cash Flow | 401.90M | 425.70M | 192.03M | 674.19M | 389.98M | |
| Free Cash Flow Per Share | 15.57 | 16.90 | 7.24 | 23.61 | 13.65 | |
| Gross Margin | 32.64% | 31.23% | 30.15% | 25.12% | 27.28% | 24.93% |
| Operating Margin | 5.33% | 5.35% | 5.03% | 4.25% | 1.85% | 0.90% |
| Profit Margin | 3.78% | 3.74% | 4.05% | 2.64% | 2.28% | 2.00% |
| Free Cash Flow Margin | 3.29% | 3.63% | 1.86% | 7.25% | 5.08% | |
| EBITDA | 775.22M | 753.51M | 641.77M | 488.03M | 231.92M | |
| EBITDA Margin | 6.35% | 6.42% | 6.21% | 5.24% | 3.02% | |
| D&A For EBITDA | 123.43M | 126.11M | 122.01M | 92.38M | 90.10M | |
| EBIT | 651.79M | 627.41M | 519.76M | 395.66M | 141.82M | 56.17M |
| EBIT Margin | 5.33% | 5.35% | 5.03% | 4.25% | 1.85% | 0.90% |
| Effective Tax Rate | 31.17% | 27.74% | 22.18% | 40.19% | 30.17% | |
| Advertising Expenses | 311.81M | 278.36M | 78.84M | 199.48M |
Balance sheet
Fiscal year January - December; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.59B | 2.52B | 2.54B | 2.73B | 2.08B | 970.49M |
| Short-Term Investments | 4.93M | 5.02M | 4.85M | |||
| Cash & Short-Term Investments | 2.59B | 2.52B | 2.54B | 2.73B | 2.08B | 970.49M |
| Accounts Receivable | 655.59M | 731.08M | 518.40M | 422.73M | 283.96M | 345.91M |
| Other Receivables | 33.58M | |||||
| Receivables | 655.59M | 731.08M | 518.40M | 456.30M | 283.96M | 345.91M |
| Inventory | 23.88M | 21.58M | 24.47M | 20.73M | 27.52M | 50.12M |
| Prepaid Expenses | 159.11M | 158.04M | 182.28M | 112.20M | 96.81M | |
| Other Current Assets | 26.62M | 38.22M | 34.38M | 29.63M | 25.22M | 156.13M |
| Total Current Assets | 3.46B | 3.47B | 3.30B | 3.35B | 2.52B | 1.52B |
| Property, Plant & Equipment | 844.66M | 816.06M | 599.75M | 625.16M | 594.30M | 89.47M |
| Long-Term Investments | 26.99M | 5.74M | ||||
| Goodwill | 160.52M | 28.00M | 28.00M | 28.00M | 28.00M | |
| Other Intangible Assets | 113.65M | 29.63M | 39.25M | 52.38M | 92.98M | 132.47M |
| Long-Term Deferred Tax Assets | 144.81M | 164.08M | 214.67M | 177.38M | 182.58M | |
| Long-Term Deferred Charges | 157.48M | 5.73M | ||||
| Other Long-Term Assets | 190.32M | 158.69M | 153.50M | 141.35M | 134.83M | 406.72M |
| Total Assets | 4.94B | 4.68B | 4.50B | 4.38B | 3.55B | 2.15B |
| Accounts Payable | 86.84M | 196.85M | 168.28M | 171.50M | 131.25M | 138.42M |
| Accrued Expenses | 1.19B | 1.15B | 1.10B | 1.17B | 847.27M | |
| Short-Term Debt | 100.00M | 100.00M | 700.00M | 625.00M | 600.00M | 786.88M |
| Current Portion of Long-Term Debt | 155.01M | 191.03M | 270.79M | 313.95M | 310.23M | |
| Current Portion of Leases | 256.69M | 226.90M | 182.57M | 181.60M | 178.57M | |
| Current Income Taxes Payable | 15.80M | 43.50M | 75.37M | 155.65M | 6.17M | |
| Current Unearned Revenue | 362.74M | 154.07M | 147.63M | 162.45M | 161.53M | |
| Other Current Liabilities | 128.25M | 189.65M | 207.40M | 195.70M | 189.31M | 811.85M |
| Total Current Liabilities | 2.30B | 2.25B | 2.85B | 2.98B | 2.42B | 1.74B |
| Long-Term Debt | 158.16M | 42.60M | 232.26M | 391.51M | 394.31M | 203.96M |
| Long-Term Leases | 483.87M | 492.35M | 347.69M | 356.22M | 320.36M | |
| Long-Term Unearned Revenue | 16.12M | 12.82M | 10.62M | 8.43M | 11.92M | |
| Other Long-Term Liabilities | 30.98M | 30.78M | 12.91M | 27.23M | 27.13M | 34.34M |
| Total Liabilities | 3.01B | 2.83B | 3.45B | 3.76B | 3.18B | 1.98B |
| Common Stock | 409.83M | 409.83M | 80.50M | 80.50M | 80.50M | 175.86M |
| Additional Paid-In Capital | 786.91M | 786.91M | 748.84M | 748.84M | 642.05M | |
| Retained Earnings | 827.06M | 749.99M | 311.53M | -107.11M | -352.45M | |
| Treasury Stock | -100.01M | -100.01M | -100.01M | -100.00M | ||
| Shareholders' Equity | 1.92B | 1.85B | 1.04B | 622.23M | 370.11M | 175.86M |
| Total Liabilities & Equity | 4.94B | 4.68B | 4.50B | 4.38B | 3.55B | 2.15B |
| Total Debt | 1.15B | 1.05B | 1.73B | 1.87B | 1.80B | 990.84M |
| Net Cash (Debt) | 1.44B | 1.47B | 810.19M | 866.02M | 278.48M | -20.35M |
| Net Cash Per Share | 55.70 | 58.39 | 30.55 | 30.32 | 9.75 | |
| Filing Date Shares Outstanding | 26.16M | 26.16M | 24.91M | 24.91M | 25.28M | |
| Total Common Shares Outstanding | 26.16M | 26.16M | 24.91M | 24.91M | 25.28M | |
| Working Capital | 1.16B | 1.22B | 451.68M | 375.62M | 91.15M | |
| Book Value Per Share | 73.54 | 70.59 | 41.78 | 24.98 | 14.64 | |
| Tangible Book Value | 1.65B | 1.79B | 973.61M | 541.86M | 249.13M | |
| Tangible Book Value Per Share | 63.06 | 68.39 | 39.08 | 21.75 | 9.86 | |
| Buildings | 298.65K | 298.65K | 298.65K | 298.65K | ||
| Machinery | 20.52M | 22.79M | 25.67M | 24.12M | ||
| Leasehold Improvements | 112.93M | 90.58M | 93.95M | 93.54M |
Cash flow statement
Fiscal year January - December; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 461.83M | 438.46M | 418.63M | 245.34M | 175.20M | |
| Depreciation & Amortization | 123.43M | 126.11M | 122.01M | 92.38M | 90.10M | |
| Loss (Gain) From Sale of Assets | 200.79K | 659.44K | 944.33K | 712.15K | 3.41M | |
| Loss (Gain) From Sale of Investments | -5.69M | -801.50K | 87.50K | -175.00K | -89.19M | |
| Stock-Based Compensation | 6.79M | 27.15M | ||||
| Provision & Write-off of Bad Debts | 5.54M | 8.65M | 2.00M | 1.54M | -5.02M | |
| Other Operating Activities | 75.75M | 43.28M | -36.85M | -45.94M | 69.65M | |
| Change in Accounts Receivable | -172.93M | -221.33M | -100.80M | -140.31M | -35.00M | |
| Change in Inventory | -1.04M | 2.29M | -7.12M | 4.74M | 5.31M | |
| Change in Accounts Payable | -65.07M | 28.57M | -3.22M | 40.25M | -7.57M | |
| Change in Unearned Revenue | 2.66M | 8.65M | 19.84M | -2.56M | 16.58M | |
| Change in Income Taxes | 13.20M | -31.88M | -79.95M | 149.48M | 4.50M | |
| Change in Other Net Operating Assets | -29.70M | 65.64M | -128.46M | 325.69M | 146.39M | |
| Operating Cash Flow | 408.20M | 468.30M | 207.11M | 677.94M | 401.50M | |
| Capital Expenditures | -6.29M | -42.60M | -15.08M | -3.75M | -11.52M | |
| Divestitures | -17.26M | |||||
| Sale (Purchase) of Intangibles | -14.40M | -10.90M | -19.05M | -1.03M | -12.44M | |
| Investment in Securities | -16.58M | 90.00M | ||||
| Investing Cash Flow | -219.32M | -53.50M | -51.39M | -4.78M | 66.04M | |
| Long-Term Debt Issued | 658.67M | 250.00M | 378.00M | 697.64M | ||
| Long-Term Debt Repaid | -961.90M | -444.69M | -393.25M | -414.27M | ||
| Net Debt Issued (Repaid) | -55.35M | -303.23M | -194.69M | -15.25M | 283.37M | |
| Issuance of Common Stock | 121.00M | |||||
| Repurchase of Common Stock | -12.27K | |||||
| Other Financing Activities | -47.55M | -133.78M | -151.75M | -5.73M | ||
| Financing Cash Flow | -102.91M | -437.01M | -346.45M | -20.98M | 404.37M | |
| Foreign Exchange Rate Adjustments | 7.74M | 7.74M | ||||
| Net Cash Flow | 93.72M | -14.47M | -190.73M | 652.18M | 871.92M | |
| Free Cash Flow | 401.90M | 425.70M | 192.03M | 674.19M | 389.98M | |
| Free Cash Flow Margin | 3.29% | 3.63% | 1.86% | 7.25% | 5.08% | |
| Free Cash Flow Per Share | 15.57 | 16.90 | 7.24 | 23.61 | 13.65 | |
| Levered Free Cash Flow | 278.47M | 299.08M | 102.73M | 669.14M | ||
| Unlevered Free Cash Flow | 286.31M | 309.38M | 113.04M | 677.79M | ||
| Cash Interest Paid | 10.01M | 14.85M | 15.52M | 12.36M | 12.21M | |
| Cash Income Tax Paid | 107.47M | 144.64M | 236.74M | 10.18M | 3.36M | |
| Change in Working Capital | -252.86M | -148.06M | -299.71M | 377.30M | 130.21M |
Ratios
Fiscal year January - December; amounts in JPY.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 53.97M | 72.46M | ||||
| Enterprise Value | 45.12M | 67.52M | ||||
| Last Close Price | 2.08 | 2.77 | ||||
| PE Ratio | 18.75 | 25.91 | ||||
| PS Ratio | 0.73 | 0.97 | ||||
| PB Ratio | 4.60 | 6.15 | ||||
| P/TBV Ratio | 5.39 | 6.35 | ||||
| P/FCF Ratio | 21.48 | 26.69 | ||||
| P/OCF Ratio | 21.15 | 24.26 | ||||
| EV/Sales Ratio | 0.61 | 0.90 | ||||
| EV/EBITDA Ratio | 9.61 | 14.05 | ||||
| EV/EBIT Ratio | 11.43 | 16.87 | ||||
| EV/FCF Ratio | 18.00 | 24.87 | ||||
| Debt / Equity Ratio | 0.60 | 0.57 | 1.67 | 3.00 | 4.87 | 5.63 |
| Debt / EBITDA Ratio | 0.73 | 0.67 | 1.26 | 2.52 | 2.18 | |
| Debt / FCF Ratio | 2.87 | 2.47 | 9.03 | 2.77 | 4.62 | |
| Net Debt / Equity Ratio | -0.75 | -0.80 | -0.78 | -1.39 | -0.75 | 0.12 |
| Net Debt / EBITDA Ratio | -1.85 | -1.95 | -1.26 | -1.77 | -1.20 | |
| Net Debt / FCF Ratio | -3.58 | -3.46 | -4.22 | -1.28 | -0.71 | |
| Asset Turnover | 2.53 | 2.56 | 2.33 | 2.35 | 3.27 | |
| Inventory Turnover | 348.90 | 350.33 | 319.25 | 288.74 | 86.20 | |
| Quick Ratio | 1.41 | 1.45 | 1.07 | 1.07 | 0.98 | 0.76 |
| Current Ratio | 1.50 | 1.54 | 1.16 | 1.13 | 1.04 | 0.88 |
| Return on Equity (ROE) | 30.60% | 30.37% | 50.34% | 49.45% | ||
| Return on Assets (ROA) | 8.43% | 8.55% | 7.32% | 6.24% | 1.84% | |
| Return on Invested Capital (ROIC) | 77.57% | 149.57% | 175.34% | 39.12% | ||
| Return on Capital Employed (ROCE) | 24.70% | 25.90% | 31.60% | 28.10% | 12.60% | 13.60% |
| Earnings Yield | 5.33% | 3.86% | ||||
| FCF Yield | 4.66% | 3.75% | ||||
| Buyback Yield / Dilution | -3.61% | 5.00% | 7.14% | -0.01% |