We use technology to solve the social issue of structural distortions that impede optimal choices.
In selecting business domains, we have important criteria: the potential to have a significant impact on society and the possibility to become “the next common.” We will continue to pursue solutions to social issues related to major life decisions, such as work and housing.
Philosophy
Happiness Begetting Happiness
Vision
Invent the next common
Business Philosophy
Using technology, we will solve the social issue of structural distortions that impede optimal choices.
Three business themes based on our business philosophy
Main businesses
Livesense’s main businesses are Machbaito, Tenshoku Kaigi, and Tenshoku Draft, which account for around 95% of consolidated net sales. Of these, Machbaito (formerly known as Jobsense), which is the founding business, accounts for the majority of sales and has the largest number of personnel. Tenshoku Kaigi and Tenshoku Draft also contribute to profits, and the three businesses are the pillars of earnings at Livesense.
Revolutionizing part-time jobs to change Japan
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How we tackle social issues
Eliminate mismatch between job seekers and job openings
One of the main reasons a person looks for a part-time job is to get money quickly. However, the standard payroll payment cycle of end-of-month account closing with next-month payments creates a significant gap in achieving this. Moreover, the process of finding a part-time job is not an end in itself, so the time and effort required for finding work should be as minimal as possible. First, Machbaito will meet the needs of job applicants through the financial incentive of Mach Bonus and efficient part-time job searches based on optimized matching. In the future, we will take on the challenge of solving the problems inherent in part-time employment.
Business model and features
A part-time job recruiting service for efficient hiring and job searches
Helping people learn more about companies.
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How we tackle social issues
Eliminate information asymmetries and mismatches in job changes
When Tenshoku Kaigi was launched in 2010, social media was not as prevalent in society as it is today, and there were only limited means to learn about what things were like at a company. Believing that asymmetric information in the job search process was a factor in the mismatches that occur when changing jobs, Tenshoku Kaigi has supported job applicants’ information gathering and decision-making by collecting and publishing company reviews as real information that is not available in what is officially published. Now that information gathering by means of reviews has become commonplace, in addition to reviews, information such as official company information, job openings, and information sent out by the company is also being enhanced on the site. Tenshoku Kaigi seeks to help more people achieve a satisfying job change.
Business model and features
Platform where job applicants gather
Realizing a world where competence is rightly recognized
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How we tackle social issues
Remove unnecessary elements from the job change process and make it transparent
There are a lot of uncertain and inefficient elements within the current job change process. Examples include scout e-mails sent out simultaneously to hundreds of eligible candidates who match the criteria, annual salary offers based on age and gender items on resumes or current income, and annual salary offers that are finally revealed at the end of the selection process. Tenshoku Draft reviewed the job change process from the ground up with the aim of realizing a world where competence is rightly recognized. We enable highly satisfactory job changes with our original process and rules. This includes scouts with individual messages and annual salary offers, high-quality resumes that enable annual salary offers solely based on document submission, and a transparent selection process that discloses the status and amount of other companies’ scouts.
Business model and features
Original process and rules make for highly satisfactory job changes
Providing customers with unmatched transparency in real estate services
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How we tackle social issues
Eliminating lack of information transparency in real estate transactions
For most people, a home is one of the few major purchases they will make in their lives. Because of this, however, not many people have experience or knowledge of buying and selling, so they often struggle with judging the good and the bad when making this pivotal decision. On the other hand, real estate companies make money by closing deals, so there is little incentive for them to pursue the consumer’s satisfaction and interests. As a result, there is still a structure in the real estate industry to profit from the knowledge gap and information asymmetry with general consumers. Progress on systemization and efficiency is insufficient due to legal regulations and industry practices. IESHIL has identified great challenges and business opportunities in this structure. We aim to solve structural issues in the real estate industry leveraging transparency and IT-based efficiency to realize more satisfying real estate transactions.
Business model and features
Estimating assessed value with an original algorithm
New businesses
Pursuing solutions to new challenges and sustainable growth
Our society is constantly changing due to global political and economic conditions, shifting values, and technological advances and innovations. At the same time, that change has brought about new challenges. Livesense changes and adapts its business in response to changes in society while constantly searching for business opportunities to address newly emerging issues.
We will aggressively invest in business seeds that could become “the next common” with the aim of diversifying business models and creating businesses that can become future pillars of earnings. With “Invent the next common” as our vision, Livesense seeks to constantly provide value to society and achieve sustainable growth by repeatedly changing and creating businesses. Most recently, our dedicated new business development organization has developed two products to achieve PMF*: knew and batonn.
*PMF stands for product market fit, a state where a service is accepted by customers in a particular market
Just like an introduction from a close friend
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How we tackle social issues
Today, matchmaking apps have become commonplace in the search for dating and marriage partners. On the other hand, many people say they are experiencing matchmaking app fatigue due to the hassle of sending many likes and messages and the disappointment of meeting insincere people. In response, based on the concept of “just like an introduction from a close friend,” the matchmaking service “knew” introduces carefully selected partners using a unique matchmaking algorithm that considers individual profile information and preferences. Features include making profile pictures private and no need for likes, swipes, or messaging. After a match is made, the first step is a 5-minute video chat conversation to determine whether or not to continue the interaction. That decision also helps improve the accuracy of future introductions. It is a new matchmaking app that delivers optimal matches as if it were an introduction from a close friend.
An online interview service that enhances companies’ recruiting capabilities
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How we tackle social issues
“batonn” is a cloud-based service that aims to optimize the interview and selection process, thereby enhancing recruiting capabilities. Generally speaking, hiring interviews are conducted in closed settings, with many questions and judgments based on personal experience and perceptions. batonn records interviews and automatically transcribes them to ensure that the real interview details are recorded. The interviewer’s impressions are linked to video of the interview and the transcribed text, so the next interviewer can see them and make the interview more efficient and more attractive for the interviewee. At the same time, the records help companies improve their recruiting capabilities by aligning evaluation criteria and providing interview guidance.