LEIFRAS Co., Ltd. (LFS) - Questionable
LEIFRAS Co., Ltd. (LFS) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Communication Services
- Industry
- Entertainment
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Entertainment" has mixed revenue streams that require further analysis. The sector "Communication Services" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 10.3% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 21.8% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.03%.Based on the company's financial statements, approximately 0.03% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.03% of total income). Some scholars may differ on the exact calculation method.
About LEIFRAS Co., Ltd.
Leifras Co., Ltd. operates as a sports and social business company in Japan. It operates through two segments, Sports School Business and Social Business segments. The company focuses on providing services related to the operation of sports schools and organization of events for children; selling of sports equipment; managing extracurricular activities in elementary and junior high schools; offering sports therapy for children with developmental disabilities; and providing health exercise guidance for the elderly. It is also involved in the management and operation of sports clubs, sports classes, and cultural classes; extracurricular activities in elementary and junior high schools; sports and healthcare facility management; travel business; and management of after-school childcare facilities. The company's sports schools offer soccer, baseball, basketball, track and field, general beginner sports, rhythmic karate, kendo, tennis, girls' sports, volleyball, cheer dance, dance, and table tennis, as well as multi-discipline sports programs. Leifras Co., Ltd. has a strategic alliance with H & R Produce Distributors Inc. Leifras Co., Ltd. was incorporated in 2001 and is headquartered in Shibuya, Japan.