# EDGAR Filing Document

**Accession Number:** 0002030277
**File Stem:** 0000000000-25-006565
**Filing Date:** 2025-6
**Character Count:** 3502
**Document Hash:** 7f1457003c34ab4e3f0766e9f9be04fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-25-006565.hdr.sgml**: 20260312

**ACCESSION NUMBER**: 0000000000-25-006565

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250624

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEIFRAS Co., Ltd.
- **CENTRAL INDEX KEY:** 0002030277
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-EDUCATIONAL SERVICES [8200]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** M0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD
- **SEC FILE NUMBER:** 377-07389

**BUSINESS ADDRESS:**
- **STREET 1:** EBISU GARDEN PLACE TOWER FLOOR 17
- **STREET 2:** 4-20-3, EBISU, SHIBUYA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 150-6017
- **BUSINESS PHONE:** 03-6451-1341

**MAIL ADDRESS:**
- **STREET 1:** EBISU GARDEN PLACE TOWER FLOOR 17
- **STREET 2:** 4-20-3, EBISU, SHIBUYA-KU
- **CITY:** TOKYO
- **STATE:** M0
- **ZIP:** 150-6017
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001829126-24-005607

## Text-Extract

```

                                                             June 24, 2025

Mitsuharu Yazawa
Chief Financial Officer
LEIFRAS Co., Ltd.
Ebisu Garden Place Tower Floor 17
4-20-3, Ebisu, Shibuya-ku
Tokyo, Japan

       Re: LEIFRAS Co., Ltd.
           Amendment No. 5 to Registration Statement on Form F-1
           Filed June 13, 2025
           File No. 333-283712
Dear Mitsuharu Yazawa:

     We have reviewed your amended registration statement and have the
following
comment(s).

        Please respond to this letter by amending your registration statement
and providing
the requested information. If you do not believe a comment applies to your
facts and
circumstances or do not believe an amendment is appropriate, please tell us why
in your
response.

       After reviewing any amendment to your registration statement and the
information
you provide in response to this letter, we may have additional comments. Unless
we note
otherwise, any references to prior comments are to comments in our May 27, 2025
letter.

Amendment No. 5 to Registration Statement on Form F-1
Dilution, page 42

1.     We note your response to prior comment 2. Your historical net tangible
book value
       per ordinary share should represent the amount of your total
consolidated assets,
       minus the amount of goodwill, intangible assets, net, "deferred initial
public offering
       costs" and total consolidated liabilities, divided by the total number
of ordinary shares
       outstanding as of December 31, 2024. In our recalculation we get a
historical net
       tangible book value per share of $0.21 which equals total shareholders
 equity of
       $6,614,065 less goodwill, intangible assets and deferred initial public
offering costs
       (collectively totaling $1,428,050) divided by 24,910,619 shares.
 June 24, 2025
Page 2
2.     We note your response to prior comment 3. Please revise your
calculations in
       accordance with our dilution comment above.

       Please contact Scott Stringer at 202-551-3272 or Adam Phippen at
202-551-3336 with
any questions.

                                                          Sincerely,

                                                          Division of
Corporation Finance
                                                          Office of Trade &
Services
cc:   Ying Li

```

### Attached PDF Documents

**Attachment 1:** `filename1`

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