Slide 1: Financial Results Briefing Material
Financial Results Briefing Material Second Quarter of Fiscal Year Ending December 31, 2025 August 8, 2025 Livero Inc. (Securities Code: 9245)
Slide 2: Table of Contents
Table of Contents 1. Overview of 2Q FY25 02 2. Major KPIs by Service 13 3. 2nd Quarter Topics 19 4. Business Descriptions 23 5. Appendix 28
Slide 3: 1. Overview of 2Q FY25
1. Overview of 2Q FY25 2. Major KPIs by Service 3. 2nd Quarter Topics 4. Business Descriptions 5. Appendix Copyright © Livero Inc. All Rights Reserved. 2
Slide 4: Consolidated Results Highlights
Overview of 2Q FY25 Consolidated Results Highlights Following a record high in 1Q, we achieved a new record high for 2Q. Net sales Operating profit Handling volume 1.22 270 7.71 billion yen million yen billion yen YoY YoY YoY + 20.2 % + 2.0 % + 19.9 % Copyright © Livero Inc. All Rights Reserved. 3
Slide 5: Major KPIs
Overview of 2Q FY25 Major KPIs The number of subleased units exceeded 50,000, with the number of support cases also growing steadily. Number of subleased units Number of corporate clients Number of key support cases 50,829 3,867 483 units companies million cases YoY YoY YoY + 41.3 % + 11.8 % + 14.0
Slide 6: Breakdown of Subleased Units
Overview of 2Q FY25 Breakdown of Subleased Units The number of newly acquired units was lower than the previous year due to the impact of last year’s contract with a major client. Number of newly acquired units Actual managed units Potential units 2,738 21,594 28,006 units units units YoY YoY YoY -
Slide 7: 2Q Highlights by Service
Overview of 2Q FY25 2Q Highlights by Service YoY change Overview The number of requests during the peak season from some companies among corporate clients was + 20.2 ％ lower than budgeted. Net sales High-impact measures for the current fiscal year, such as collaboration with major clients from April
Slide 8: Summary of Consolidated Results
Overview of 2Q FY25 Summary of Consolidated Results 2Q Cumulative FY25 FY24 FY25 FY24 Rate of change Rate of change （Millions of yen ） results results results results Net sales 1,224 1,019 +20.2% 2,471 2,130 +16.0% Services for real estate agencies 588 471 +24.7% 1,154 977 +18.1% Services for corpor
Slide 9: Trends in Quarterly Consolidated Net Sales (by Service)
Overview of 2Q FY25 Trends in Quarterly Consolidated Net Sales (by Service) Net sales for 2Q FY20 grew by 20.2% YoY. Quarterly trends over the past 3 years (Millions of yen) 2Q comparison (past 3 years) Services for real estate agencies +20.2% 87 Services for corporate clients Services for relocatio
Slide 10: Trends in Quarterly SG&A Expenses
Overview of 2Q FY25 Trends in Quarterly SG&A Expenses SG&A expenses rose 7.0% YoY, with higher personnel expenses due to salary rises and increased outsourcing expenses to handle the peak season. Quarterly trends over the past 3 years (Millions of yen) 2Q comparison (past 3 years) Personnel expenses
Slide 11: Operating Profit
Overview of 2Q FY25 Operating Profit The number of requests during the peak season fell short of the plan, resulting in lower profit. Intend to offset the decline company-wide from 3Q onwards. (Millions of yen) 800 700 ー50 91 23 −15 − 28 600 ー46 500 Hiring expenses Temporary increase in Staff increa
Slide 12: Quarterly Trends in Operating Profit/Operating Profit Margin
Overview of 2Q FY25 Quarterly Trends in Operating Profit/Operating Profit Margin and YoY Difference Operating profit increased by 2% YoY, and we plan for further profit growth from 3Q onwards. YoY ＋2％ Operating profit Operating profit margin 350 350 +70.0% ＋70.0％ 250 250 +50.0% ＋50.0％ YoY 150 150 -4
Slide 13: Consolidated Balance Sheet and Consolidated Cash Flows
Overview of 2Q FY25 Consolidated Balance Sheet and Consolidated Cash Flows Non-current assets and non-current liabilities tend to grow due to the payment and reception of leasehold deposits related to our subleasing business, among other factors. (Millions of yen) (Millions of yen) Consolidated bala
Slide 14: 2. Major KPIs by Service
1. Overview of 2Q FY25 2. Major KPIs by Service 3. 2nd Quarter Topics 4. Business Descriptions 5. Appendix Copyright © Livero Inc. All Rights Reserved. 13
Slide 15: Major KPIs by Service: Services for Real Estate Agencies
Major KPIs by Service Services for Real Estate Agencies The number of end users increased steadily, and the unit price recovered from 1Q. Number of end users Unit price/user + 20,819 people - 203 yen 122,406 99,437 ,473 円 9,270円 9,270 101,587 95,317 8,346 FY23 FY23 FY24 FY24 FY25 FY25 FY23 FY23 FY24
Slide 16: Major KPIs by Service: Services for Corporate Clients
Major KPIs by Service Services for Corporate Clients Both the number of end users and the unit price increased steadily. Number of end users Unit price/user + 1,544 people ＋ 2,229 yen 24,404 45,307 45307 22,860 43,078 43 ,078 21,111 40,480 40 ,480 FY23 FY23 FY24 FY24 FY25 FY25 FY23 FY23 FY24 FY24 FY
Slide 17: Major KPIs by Service: Services for Relocation Support Companies
Major KPIs by Service Services for Relocation Support Companies Both the number of relocation support companies and the number of services used increased steadily. Number of relocation support companies Number of services used + 2 companies + 93 services 154 156 585 492 143 410 FY23 FY23 FY24 FY24 F
Slide 18: Services for Corporate Clients: Number of Subleased Units
Major KPIs by Service Services for Corporate Clients: Number of Subleased Units The number of subleased units increased 41.3% YoY, surpassing 50,000 units. YoY ■ Potential units for One-Coin Tenkin Shataku +41.3% 50,829 units *Refer to P33. ■ Number of managed units for One-Coin Tenkin Shataku ■ Num
Slide 19: Handling Volume (Services for Corporate Clients)
Major KPIs by Service Handling Volume (Services for Corporate Clients) The handling volume amounted to 7.7 billion yen (+19.9% YoY), the highest for a 2Q. Quarterly trends over the past 3 years 2Q comparison (past 3 years) +19.9% （ Millions of yen ） 7,716 Sublease services (monthly fees) Sublease 転貸
Slide 20: 3. 2nd Quarter Topics
1. Overview of 2Q FY25 2. Major KPIs by Service 3. 2nd Quarter Topics 4. Business Descriptions 5. Appendix Copyright © Livero Inc. All Rights Reserved. 19
Slide 21: Update on Full-Year Plan (Sales)
2Q Topics Update on Full-Year Plan (Sales) The sales progress rate through 2Q stood at 52.9% toward the full-year growth target of 130% YoY. ▼Sales trends and progress rate by quarter 1Q 2Q 2Q3Q 3Q 1Q 4Q 4Q Progress rate through 2Q FY25 2025年 実績 results to date 1.24 billion yen 1.22 billion yen 52.9
Slide 22: Factors for Expected Revenue Increase
2Q Topics Factors for Expected Revenue Increase Strengthening linkages will lead to an increase in the amount of information, allowing us to plan a significantly larger growth in revenue than our initial target. Upside measures Illustration of linkages Impact Companies that have adopted Real estate
Slide 23: Update on Full-Year Plan (Operating Profit)
2Q Topics Update on Full-Year Plan (Operating Profit) Plan to achieve operating profit growth, driven by the start of new large-scale projects as well as the absence of last year’s one-off costs. ▼ Operating profit and operating profit margin by quarter Operating profit 営業利益 Operating 営業利益率 profit m
Slide 24: 4. Business Descriptions
1. Overview of 2Q FY25 2. Major KPIs by Service 3. 2nd Quarter Topics 4. Business Descriptions 5. Appendix Copyright © Livero Inc. All Rights Reserved. 23
Slide 25: "New Life" Service Platform Provided by Livero
Business Descriptions “New Life” Service Platform Provided by Livero Offer matching services for relocating people with New Life-related service providers. Relocating people Matching New Life-related service providers Revenue = relocating people x New Life-related services Higher Room education hunt
Slide 26: Service Quality
Business Descriptions Service Quality Enabling New Life-related companies to reduce costs and provide high-quality services Increasing sales What New Life-related companies can achieve Cost reduction Outsourced sales Joint purchasing operations Reducing costs for materials like cardboard and diesel
Slide 27: The Future We Make Possible "Shiho Yoshi"
Business Descriptions The Future We Make Possible We provide optimal, unbiased services to our customers exactly because we are not a real estate agency or relocation support company. …… In addition to the spirit of “Sanpo Yoshi” —a traditional Japanese business philosophy that is “good for the sell
Slide 28: Client and Partner Bases
Business Descriptions Client and Partner Bases By partnering with a larger number of service providers, we offer optimal solutions to users and maximize customer satisfaction. Cl ient s Total support count (provided) Partners (Request for services) (As of June 30, 2025) (Provision of services) Cumul
Slide 29: 5. Appendix
1. Overview of 2Q FY25 2. Major KPIs by Service 3. 2nd Quarter Topics 4. Business Descriptions 5. Appendix Copyright © Livero Inc. All Rights Reserved. 28
Slide 30: Real estate industry
Appendix Two major projects to bring the entire industry together as a team, supported by Livero Real estate industry Relocation support industry Copyright © Livero Inc. All Rights Reserved. 29
Slide 31: Services for Relocation Support Companies
Appendix Services for Relocation Support Companies A network of relocation support companies participating in HAKOPLA 395 bases nationwide 2,170vehicles nationwide 7,719 vehicles nationwide （Only for dedicated relocation vehicles） Hokkaido and Tohoku Hokkaido and Tohoku Hokkaido and Tohoku regions 5
Slide 32: About Our Services
Appendix About Our Services Services for relocation support Services for real estate agencies Services for corporate clients companies One-Coin Tenkin Shataku Benefit Shataku Shinseikatsu Rakutto NAVI (Smooth Navigator One-Coin Tenkin Shataku (One-Coin Corporate Benefi t Shataku (Corp orate Housi ng
Slide 33: Trends in Quarterly Consolidated Financial Results
Appendix Trends in Quarterly Consolidated Financial Results (Millions of yen ) FY23 FY24 FY25 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Net sales 830 838 604 627 1,111 1,019 696 759 1,246 1,224 - - Gross profit 705 717 532 504 908 828 549 566 955 873 - - SG&A Expenses 620 542 556 562 596 563 556 682 673 6
Slide 34: About Seasonality
Appendix About Seasonality 売上総利益 Gross profit 販管費 SG&A Expenses Financial Results and Seasonality （Millions of yen ） We generate over 60% of our full-year revenue in 1Q and 2Q, which includes Japan’s peak relocation season of March and April. 3Q and 4Q are the off-season, and our 32% revenue moderat
Slide 35: Personnel Structure
Appendix Personnel Structure Trends in the Number of Employees by Category (Regular and Temporary) Quarterly trends over the past 3 years 2Q comparison (past 3 years) (People) Corporateコーポレート Operation Customer オペレーション relations カスタマー セールスSales臨時雇用 Temporary employee 67 62 79 219 217 221 211 215 216
Slide 36: List of Our Service Offerings
Appendix List of Our Service Offerings Subleasing services and Ad services and service Main services and service providers service providers providers Service Sales Service Service Service Rent Fire Cardboard Web Room hunting Relocation Electricity Gas Internet classification category name requester
Slide 37: ESG Materiality
Appendix ESG Materiality We identify our materiality from an Environmental, Social, and Governance (ESG) perspective and, through our core business, work to realize a sustainable society. Building a pleasant and supportive work Contributing to local communities Promote women’s active engagement in e
Slide 38: Impact on Stakeholders
Appendix Materiality Impact on Stakeholders Ensuring Promoting transparent women’s active disclosure of engagement in information professional life Building a pleasant and Maintaining a Materiality map supportive Hiring and strong work developing governance environment next-generation structure huma
Slide 39: Shareholder Composition: Classification by Ownership
Appendix Shareholder Composition: Classification by Ownership The number of shareholders increased by 44.0% YoY. Trends in the number of shareholders FY25 shareholder breakdown over the past three years YoY Individuals and others Securities companies Financial institutions ＋ 44.0 % 個人・その他 Other dome
Slide 40: Board of Directors and Auditors
Appendix Board of Directors and Auditors Hidetoshi Kashima, President Yasuhiko Okamoto, Outside Director An avid soccer player from a young age, he was a member of Yomiuri Verdi Junior After a career at a bank and a travel agency, he founded Powers International Inc. Youth (now Tokyo Verdi Junior Yo
Slide 41: Disclaimer
Appendix Disclaimer This document is prepared for the purpose of providing corporate information about the Company and does not constitute a solicitation or offer to buy or sell any shares or other securities issued by the company, in Japan or abroad. In preparing this document, we have relied on an
Slide 42: Livero
LELIVERO