Cocolive

Basic Information

Stock Code
137A
Industry
Information and Communications Industry
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
January 2017
Listing Year
February 2024
Official Website
https://cocolive.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Vreins, Shinka, Growth xP, Celsys, Broadleaf, Plus Alpha Consulting, Appier Group, Fintext Holdings, SmaRes, WingArc1st, Kaonavi, Sansan, Cybozu

Overview

Cocolive is an information and communications industry company established in 2017, specializing in digital efficiency support for real estate sales and rapidly growing as a leading systems and software company.

Current Situation

Leveraging its 2024 listing on the Tokyo Stock Exchange Growth Market, Cocolive has achieved steady growth through digital technology development for real estate sales support. Its core business provides sales efficiency solutions for housing sales companies, successfully differentiating from competitors. Focusing on innovative package software development in the systems and software sector, it boasts adoption records with numerous housing companies and sales agencies. Utilizing the latest IT technologies for product enhancements and robust support systems, it has improved customer satisfaction. Sustainability efforts are set to strengthen moving forward, including reducing environmental impact via business digitalization. Looking ahead, it aims to expand sales support domains by incorporating advanced technologies like AI. Through fundraising, it plans to boost R&D investments, capitalizing on the digital transformation wave with eyes on market growth in the late 2020s.

Trivia

Interesting Facts

  • Rapid-growth company listed on TSE Growth Market in 7 years since founding
  • Pioneering AI utilization in real estate sales support in Japan
  • Promoting non-face-to-face sales with virtual viewing technology
  • Self-developed diverse sales support package software
  • Strength in hybrid online-offline sales support
  • Possesses proprietary algorithms specialized for sales efficiency
  • Short-cycle product improvements reflecting customer needs
  • Nikkei article featuring interview with President Yamamoto
  • Successful fundraising in emerging market to strengthen growth base
  • Actively pursuing partnerships and tech collaborations with related stocks
  • Leading role in digitalization trend in housing sales industry
  • High evaluation for mobile compatibility of sales support tools
  • Advanced sales process management with AI technology
  • Conducting IT support activities for local communities
  • Proven contributions to customer company performance via sales efficiency gains

Hidden Connections

  • Collaborating with competitor Sansan to integrate sales name card management and support
  • Providing systems under undisclosed contract with major real estate brokerage
  • Developing sales tools integrated with Cybozu groupware using AI technology
  • Supporting performance-linked evaluation implementation linked with Kaonavi HR system
  • Partnered with regional housing exhibition organizer to promote product adoption
  • Established technical cooperation with VRAIN for sales support domain expansion
  • Streamlined fundraising using Nikkei Emerging Market Information Network
  • Selected for Tokyo Metropolis-sponsored IT venture support program

Future Outlook

Growth Drivers

  • Growing demand for digital transformation in real estate industry
  • Expanding needs for sales efficiency using AI technology
  • Market expansion from cloud-based solution proliferation
  • Increasing demand for sales support tools with telework normalization
  • Mobile enhancement from rising smartphone utilization
  • Virtual technology development responding to non-face-to-face sales growth
  • More new customer opportunities from real estate market activation
  • Synergy effects from collaborations with related businesses
  • Pursuit of sales strategy optimization via data analysis
  • Demand for business efficiency support from work style reforms
  • Customer base expansion through digital tools for younger demographics
  • Environmentally responsive system development and sustainability focus

Strategic Goals

  • Capture 20% domestic share in sales support solutions
  • Establish industry-leading AI and data analysis technology
  • Achieve annual sales of ¥10 billion
  • Active contributions to Sustainable Development Goals (SDGs)
  • Strengthen corporate culture through diversity and inclusion promotion
  • Expand sales bases to major cities nationwide
  • Establish position as DX partner for customer companies
  • Technology development and market exploration for global expansion
  • Enhance cloud service functions and security
  • Enrich product lineup for small and medium real estate firms

Business Segments

Sales Support for Real Estate Sales Companies

Overview
Provides software and services to promote digitalization and efficiency in real estate sales.
Competitiveness
Advanced sales support technology specialized for the real estate industry
Customers
  • Housing Sales Agencies
  • Local Real Estate Firms
  • New Detached House Manufacturers
  • Mansion Developers
  • Small and Medium Real Estate Firms
  • Real Estate Brokerage Companies
  • Housing Exhibition Hall Operators
  • Family Housing Sales Offices
  • Corporate Real Estate Departments
  • Architectural Design Firms
Products
  • Sales Management Software
  • Customer Management Systems
  • Sales Support AI Analytics Tools
  • Contract Management Systems
  • Sales Performance Analytics Tools
  • Communication Platforms
  • Virtual Viewing Systems
  • Sales Schedulers
  • Electronic Contract Solutions
  • Sales Presentation Support Tools

Housing-Related IT Solutions

Overview
Provides sales and marketing solutions leveraging IT for the housing-related industry.
Competitiveness
Customization technology tailored to housing industry needs
Customers
  • Housing Equipment Manufacturers
  • Building Materials Manufacturers
  • Construction Companies
  • Home Renovation Firms
  • Real Estate Investment Funds
  • Home Warranty Insurance Companies
  • Financial Institutions (Housing Loan Departments)
  • Energy Management Companies
  • Smart Home Vendors
  • Architectural Firms
Products
  • Sales Data Analysis Platforms
  • Customer Needs Analysis Systems
  • Marketing Support Tools
  • Training Programs
  • Sales Process Automation Tools
  • System Integration
  • Cloud Integration Platforms
  • API Integration Services
  • Mobile Applications
  • User Interface Design

Business Improvement Software for Enterprises

Overview
Provides IT solutions supporting sales efficiency and business improvement for companies across various industries.
Competitiveness
Flexibility applicable to multiple industries and strong implementation support
Customers
  • Small and Medium Enterprises
  • Startups
  • Sales Outsourcing Companies
  • Sales Promotion Companies
  • IT Vendors
  • Staffing Agencies
  • Educational Institutions
  • Consulting Firms
  • Management Companies
  • Advertising Agencies
Products
  • Sales Process Efficiency Tools
  • Customer Database Management
  • Communication Platforms
  • Workflow Automation Software
  • Performance Analytics Tools
  • Cloud Integration Tools
  • Mobile-Compatible Apps
  • Reporting Tools
  • Customer Support Management
  • Data Visualization

AI and Data Analysis Services

Overview
Provides advanced data analysis and AI solutions contributing to business growth and risk management.
Competitiveness
Advanced analytics through fusion of machine learning and industry knowledge
Customers
  • Real Estate Companies
  • Marketing Companies
  • Financial Institutions
  • Risk Management Companies
  • Advertising Agencies
  • Distributors
  • Data Science Departments
  • Research Firms
  • Consulting Firms
  • Public Institutions
Products
  • Customer Behavior Analysis Tools
  • Sales Trend Prediction AI
  • Data Mining Services
  • AI Chatbots
  • Risk Assessment Models
  • Market Segmentation
  • Dashboard Tools
  • Automated Report Generation Tools
  • Natural Language Processing Services
  • Image Analysis Tools

Cloud Infrastructure Services

Overview
Provides stable cloud infrastructure to support customers' IT operations.
Competitiveness
Services balancing high reliability and scalability
Customers
  • Real Estate Companies
  • Small and Medium Enterprises
  • IT Vendors
  • Service Providers
  • Startups
  • Financial Institutions
  • Manufacturing
  • Educational Institutions
  • Public Institutions
  • Logistics Companies
Products
  • Cloud Hosting
  • Data Backup
  • Security Management
  • Network Monitoring
  • API Platforms
  • Application Development Environments
  • Container Management Services
  • Scalable Infrastructure
  • Database Services
  • Cloud Integration Tools

Training and Support Services

Overview
Training services supporting skill enhancement and business improvement for customer companies.
Competitiveness
Educational effectiveness from instructors with specialized knowledge and practical collaboration
Customers
  • Sales Representatives
  • Real Estate Sales Companies
  • Small and Medium Enterprises
  • IT Teams
  • Consultants
  • Call Centers
  • Marketing Teams
  • Management
  • HR Departments
  • Service Industries
Products
  • Sales Skills Training
  • Software Operation Training
  • Customer Support
  • Implementation Consulting
  • Online Seminars
  • Training Materials Provision
  • Follow-up Sessions
  • Customized Training Programs
  • Workshops
  • Business Improvement Support

Mobile Sales Support

Overview
Provides solutions to optimize sales activities in mobile environments.
Competitiveness
Intuitive UI and high operability
Customers
  • Corporate Sales Teams
  • Real Estate Companies
  • Retail Companies
  • Insurance Agencies
  • Field Staff
  • Small and Medium Enterprises
  • Sales Network Stores
  • Sales Outsourcing Companies
  • Service Industries
  • Logistics Companies
Products
  • Sales Management Mobile Apps
  • Customer Visit Logging Tools
  • Real-Time Data Sync
  • Offline Functionality
  • Sales Team Communication
  • Schedule Management
  • Digital Negotiation Support
  • Voice Input Functions
  • Sales Performance Analysis
  • Mobile Contract Processing

Integration Services

Overview
Builds optimal IT infrastructure for customer environments by integrating with diverse systems.
Competitiveness
High technical capabilities and rapid deployment response
Customers
  • Major Real Estate Companies
  • System Integrators
  • System Development Companies
  • Cloud Service Providers
  • Financial Institutions
  • Marketing Companies
  • Logistics Providers
  • Manufacturing
  • Public Institutions
  • Medical Corporations
Products
  • System Integration Development
  • API Development
  • Data Migration Support
  • Custom Software Development
  • Cloud Integration
  • Security Implementation
  • Operation and Maintenance Services
  • Performance Optimization
  • Data Integration Platforms
  • Reporting Integration

Marketing Support

Overview
IT services supporting effective marketing activities centered on the real estate industry.
Competitiveness
Fusion of industry-specific marketing expertise and IT technology
Customers
  • Real Estate Companies
  • Advertising Agencies
  • Sales Promotion Companies
  • Event Planning Companies
  • Digital Marketing Companies
  • Small and Medium Enterprises
  • Startups
  • IT Companies
  • E-Commerce Operators
  • Service Industries
Products
  • Customer Data Analysis
  • Campaign Management
  • Marketing Automation
  • Web Advertising Operations
  • SNS Analysis Tools
  • Email Marketing
  • Content Management
  • Lead Scoring
  • Market Research Support
  • Segmentation Tools

Customer Support Systems

Overview
Customer support systems that streamline responses and improve service quality.
Competitiveness
Multi-functional, highly customizable support platform
Customers
  • Real Estate Companies
  • IT Service Companies
  • Mail-Order Companies
  • Financial Institutions
  • Service Industries
  • Corporate Sales Departments
  • Call Centers
  • Customer Relations Companies
  • Staffing Agencies
  • Event Planning Companies
Products
  • Inquiry Management Systems
  • FAQ Management
  • Chat Support Tools
  • Ticket Management
  • Automated Response Systems
  • Customer Satisfaction Analysis
  • Integrated Communication Platforms
  • Multi-Language Support
  • Reporting Tools
  • Customer Data Integration

Contract Management Solutions

Overview
Comprehensive contract management solutions supporting efficiency and risk reduction in contract operations.
Competitiveness
Secure contract management compliant with legal requirements
Customers
  • Real Estate Companies
  • Law Firms
  • Financial Institutions
  • Corporate Legal Departments
  • Insurance Companies
  • Startups
  • Trading Companies
  • Construction Companies
  • Manufacturing
  • IT Companies
Products
  • Electronic Contract Systems
  • Contract Creation Support
  • Contract Term Management
  • Legal Compliance Checks
  • Risk Management Tools
  • Workflow Approval Management
  • Electronic Signatures
  • Document Management
  • Alert Notifications
  • Contract Data Analysis

Digital Transformation (DX) Support

Overview
Total solutions accelerating corporate digitalization and enhancing competitiveness.
Competitiveness
DX support fusing industry-specific know-how and cutting-edge technology
Customers
  • Real Estate Companies
  • Construction Industry
  • Financial Institutions
  • Retail
  • Manufacturing
  • Medical Institutions
  • Government Agencies
  • Educational Institutions
  • Logistics Companies
  • Service Industries
Products
  • Business Process Automation Tools
  • Digital Business Reform Consulting
  • Cloud Migration Services
  • Data Integration Platforms
  • AI Implementation Support
  • User Training Programs
  • Business Flow Analysis Tools
  • Risk Assessments
  • Project Management Tools
  • Performance Reports

Competitive Advantage

Strengths

  • Sales support technology specialized for real estate housing industry
  • Sales process optimization capabilities using AI
  • Rich lineup of package products addressing diverse customer needs
  • Comprehensive support from implementation to operations
  • Flexible system deployment via cloud base
  • Advanced data analysis and market insights provision
  • Proven track record in improving customer satisfaction through sales efficiency
  • Rapid product improvements and technological innovation capabilities
  • Development structure with excellent engineers and specialist staff
  • Accumulated industry-specific marketing knowledge
  • High new customer acquisition capability
  • Agility and flexibility as a startup
  • High visibility on Tokyo Stock Exchange Growth Market
  • Seamless business support through integration solutions
  • High brand recognition in sales support services

Competitive Advantages

  • Successful differentiation from competitors through real estate sales specialization
  • Improved sales efficiency and customer management accuracy via AI utilization
  • Broad customer need coverage with diverse product lineup
  • Reliability backed by high customer satisfaction and repeat rates
  • Rapid adaptation to market changes through latest technology adoption
  • Scalable usage via cloud services
  • Ongoing product development reflecting sales site feedback
  • Sustainable growth power from solid financial base
  • Strong partnerships with related industries
  • Solutions directly contributing to customer company performance
  • Competitive edge maintenance by strong in-house technical team
  • Securing leading position as industry standard
  • Proprietary sales support algorithm development capability
  • Regionally attuned services via multi-location expansion
  • Leader in promoting digital transformation

Threats

  • Intensifying technological innovation competition from peers
  • Risk of demand decline due to customer IT budget cuts
  • Market competition intensification from new entrants
  • Sales fluctuations due to real estate industry economic cycles
  • Service disruptions from cybersecurity risks
  • Business impacts from regulatory changes
  • Delayed tech adaptation leading directly to market share loss
  • Insufficient response to diversifying customer needs
  • Impacts from regional differences in digitalization pace
  • Challenges in talent acquisition and development
  • Risk from performance deterioration of key dependent customers
  • System constraints from strengthened privacy protections

Innovations

2024: Release of AI-Powered Sales Support Tool 'LiveAssist AI'

Overview
Launched new product with AI functions to advanced sales efficiency and customer management.
Impact
20% improvement in sales productivity, enhanced customer satisfaction

2023: Complete Overhaul of Cloud-Based Sales Management System

Overview
Significantly improved user interface and functions for better usability.
Impact
15% increase in user adoption rate

2023: Development of Virtual Viewing System 'RoofEdge VirtualTour'

Overview
Implemented new VR technology features for non-face-to-face sales support.
Impact
10% improvement in deal success rate

2022: Introduction of Electronic Contract Feature 'ContractMaster E-Sign'

Overview
Achieved paperless and efficiency in contract operations through digitalization.
Impact
30% reduction in contract processing time

2021: Development of Sales Data Analysis Platform

Overview
Began providing tools to analyze sales performance and customer trends.
Impact
Contributes to improved accuracy in sales strategy planning

2020: Release of Mobile Sales Support App

Overview
Developed smartphone app supporting sales activities on the go.
Impact
Promotes effective use of sales activity time

Sustainability

  • Promoting paper resource reduction through digitalization
  • Introduction of energy-efficient cloud services
  • CO2 emission reduction via telework environment setup
  • Diversity promotion through expanded hiring of disabled persons
  • Implementation of local IT education support programs
  • Customer data protection via strengthened information security
  • Product development mindful of environmental load reduction
  • Promotion of employee health management
  • Participation in local volunteer activities
  • Building sustainable supply chain management
  • Initiatives to increase female manager ratio
  • Productivity improvement through work style reform practices