LFS is trading 11.6% up now at $2.50 after unveiling a new childcare acquisition strategy.
- The company announced a JPY454.6M deal to acquire Swift Japan, a licensed nursery operator in Aichi Prefecture, marking a strategic expansion from sports schools into infant childcare.
- The move aims to create a continuous educational ecosystem, integrating early childhood care with the company's existing educational services.
- Investor sentiment appears highly positive, with the stock jumping more than 20% in early trading following the announcement.