Living Platform

Basic Information

Stock Code
7091
Industry
Services
Category Detail
Lifestyle Services
Prefecture
Hokkaido
Establishment Year
June 2011
Listing Year
March 2020
Official Website
http://www.living-platform.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Az Partners, Care 21, Sentei Care Holding, Care Service, Uchiyama Holdings, Charm-Care Corporation, Internet Infinity, Japan Hospice Holdings, Ambys Holdings, Sonocom, Area Ques, Sun Wells

Overview

Living Platform, founded in 2011, is a growing company in the lifestyle-related services industry, centered on nursing home operations with nationwide expansion, including nurseries and facilities for the disabled.

Current Situation

Living Platform focuses on nursing home operations, also managing nurseries and facilities for the disabled, achieving stable growth through nationwide expansion via M&A. Based in Hokkaido, it has established a solid position in the lifestyle-related services sector, with estimated sales of around 10 billion yen for fiscal 2023. Its strength lies in providing diverse services compared to competitors, with a focus on improving the quality of caregiving staff. Recently, it has been working on business efficiency through ICT utilization and enhancing user satisfaction to ensure sustainable service quality. While maintaining a community-based operation model, its medium- to long-term strategy involves further M&A promotion and business expansion to increase market share. Amid challenges like labor shortages in the welfare sector, caregiving demand is increasing due to the aging society. In the future, differentiation through service quality and the introduction of ICT and robot technologies are expected to be key to growth.

Trivia

Interesting Facts

  • Established in 2011, relatively new but rapidly expanded nationwide.
  • Aggressively pursues M&A, owning many related facilities nationwide.
  • Operations spanning multiple welfare fields are rare in the industry.
  • As a Hokkaido-origin company expanding nationwide, it remains rooted in the region.
  • Actively promoting caregiving efficiency using ICT.
  • Also operates childcare services for diversification.
  • Focusing on operations of facilities supporting the disabled.
  • Has conducted treasury share cancellations multiple times to strengthen financial position.
  • Abundant public information on personnel changes and talent development.
  • Actively promoting collaborations with welfare-related companies.

Hidden Connections

  • Maximizes public subsidies through strong ties with local governments.
  • Develops training programs jointly with care providers nationwide.
  • ICT utilization in childcare contributes to business improvements in welfare sites.
  • Deep collaboration with specified non-profit organizations in disabled support.
  • Care supplies sales business creates synergy with operated facilities.
  • Partners with local Hokkaido educational institutions to develop regional talent.
  • Dedicated department supports M&A for rapid integration.
  • Deploys regional community activities jointly with multiple related companies.

Future Outlook

Growth Drivers

  • Increasing caregiving demand due to aging society progression
  • Market expansion from strengthened government welfare policies
  • Service innovation through ICT and robot technologies
  • Rapid business area expansion via M&A strategy
  • Stable growth in childcare demand
  • Legal frameworks and budget increases in disabled support
  • Strengthening customer base leveraging community ties
  • Service quality improvement through personnel development and retention
  • Enhanced response to diversifying user needs
  • Flexible management response to external environmental changes

Strategic Goals

  • Deploy over 300 caregiving, childcare, and disabled facilities nationwide
  • Expand sales per business to over ¥5 billion each
  • Achieve 100% ICT implementation rate in facilities
  • Realize caregiving staff retention rate of over 90%
  • Establish trust through strengthened collaboration with local communities
  • Continuously promote environmental impact reduction
  • Develop new services responding to diverse customer needs
  • Secure sustainable growth by solidifying financial foundation
  • Nationwide deployment of welfare staff education support system
  • Elevate market share to top class nationwide through M&A strategy

Business Segments

Operational Support for Nursing Homes

Overview
B2B services providing operational efficiency and staffing support for nursing homes.
Competitiveness
Community-based support expertise and M&A framework
Customers
  • Corporate Care Providers
  • Local Governments
  • Medical Institutions
  • Welfare Corporations
  • Care Service Providers
Products
  • Facility Operation Consulting
  • Staff Dispatch Services
  • Business Improvement Systems
  • ICT Implementation Support
  • Care Business M&A Support

Operational Support for Childcare Businesses

Overview
Provides operational support and staffing services for childcare businesses to improve quality.
Competitiveness
Integration of expertise in both caregiving and childcare
Customers
  • Nursery Operators
  • In-Company Nurseries
  • Local Governments
  • Educational Institutions
Products
  • Nursery Operation Consulting
  • Childcare Staff Recruitment
  • Training Program Provision
  • ICT Childcare Management Systems

B2B Services for Facilities Supporting the Disabled

Overview
Provides specialized support services and operational improvements for facilities for the disabled.
Competitiveness
Specialized expertise and support system in disabled support
Customers
  • Disabled Facility Operators
  • Local Governments
  • Welfare Organizations
Products
  • Group Home Operation Support
  • Employment Support Programs
  • Staff Training
  • Facility Improvement Consulting

Wholesale Sales of Care Supplies

Overview
Wholesale sales of supplies to care facilities, supporting stable supply.
Competitiveness
Wide product lineup and rapid delivery system
Customers
  • Care Facilities
  • Medical Institutions
  • Care Supply Retailers
Products
  • Mobility Aids
  • Care Beds
  • Excretion Care Supplies
  • Care Consumables

ICT System Provision

Overview
Provides ICT tools for care and childcare sites to support business efficiency.
Competitiveness
Customizability tailored to on-site needs
Customers
  • Care Businesses
  • Nurseries
  • Welfare Organizations
Products
  • Care Record Systems
  • Nursery Management Systems
  • Shift Management
  • Remote Care Monitoring

Competitive Advantage

Strengths

  • Business expansion power through nationwide M&A
  • Diversified operations in caregiving, childcare, and disabled support
  • Community-based service provision
  • Business efficiency through ICT implementation
  • High-quality staff training system
  • Abundant facility operation expertise
  • Comprehensive coverage of welfare businesses
  • Strong corporate customer base
  • Flexible M&A strategy
  • Sustainable management foundation

Competitive Advantages

  • Rapid store expansion strategy utilizing M&A
  • Synergy effects from business collaboration across multiple welfare fields
  • Responds to customer needs with a rich service menu
  • Supports efficient facility operations through ICT tools
  • Builds trust through strong ties with local communities
  • Comprehensive education and training programs for care staff
  • Efficiency gains from sharing expertise between childcare and caregiving
  • Strengthens brand power using nationwide network
  • Secures stable contracts through collaboration with local governments
  • High expertise in disabled support services

Threats

  • Chronic shortage of welfare personnel
  • Risks from revisions to caregiving reimbursement system
  • Intense price competition with competitors
  • Market restructuring due to declining elderly population
  • Increased operating costs from stricter laws and regulations
  • Risk of facility damage from natural disasters
  • Intensified market competition from new entrants
  • Investment burden to adapt to ICT technology changes

Innovations

2023: Expansion of ICT Systems for Facility Operations

Overview
Promoting nationwide introduction of ICT tools for business efficiency in caregiving and childcare sites.
Impact
Achieved efficiency in facility operations and improvement in service quality.

2022: Business Scale Expansion through M&A

Overview
Acquired multiple nursing home operators to strengthen nationwide deployment.
Impact
Successfully increased sales by about 30% and expanded market share.

2021: Strengthening Visiting Caregiving Services

Overview
Expanded visiting caregiving framework with specialized staff and enriched training systems.
Impact
Contributed to higher user satisfaction and customer base expansion.

2020: Consolidation and Expansion of Nursery Operation Expertise

Overview
Developed proprietary childcare programs to improve operational efficiency.
Impact
Increased nursery utilization rate and received high evaluations from parents.

Sustainability

  • Improving welfare services through strengthened collaboration with local communities
  • Implementing activities to reduce environmental impact at care facilities
  • Promoting work-friendly environments for employees
  • Welfare personnel development and retention support programs
  • Expansion and quality improvement of disabled support services