Livero Reports Strong Q1 Performance Amid AI Adoption

TOKYO, Jul 08 (Pulse News Wire) – Livero Inc. (9245.T) reported robust first-quarter results, achieving record-high sales, operating profit, and net income.

Both real estate company services and corporate services drove revenue growth, with user counts increasing by 11.0% year-over-year for real estate clients and by 18,743 users (up 13.0% year-over-year) for corporate clients. Additionally, per-user pricing rose by ¥49,494 (up 2.5% year-over-year). The strong performance was attributed primarily to increased revenues across both service lines, coupled with cost savings from improved call center productivity and AI-driven efficiencies in property management services.

Notably, AI adoption reduced contract processing time by more than 4,500 hours annually, leading to potential total cost savings of approximately ¥25 million. Looking ahead, Livero expects continued efficiency gains through further AI integration, which has already contributed significantly to reducing administrative expenses by over ¥60 million year-over-year in the first quarter, largely due to enhanced call center operations. The company also noted steady progress in managing tenant turnover rates, with a rise of 57,987 units (up 20.6% year-over-year).