Leifras Announces Plan to Enter the Non-Life Insurance Agency Business

LEIFRAS (Nasdaq: LFS), a Tokyo-based operator of children's sports schools with approximately 70,000 members, has completed non-life insurance agency registration and obtained the required insurance solicitation qualifications in Japan, enabling a formal entry into the insurance agency business. The move targets growing demand from municipalities, schools and parents for accident and injury coverage support as school club activities transition from school-run to community-based programs, extending the company's offering from instruction and operations into insurance support.

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