This article introduces recently IPO-listed companies in Japan while highlighting key challenges, business opportunities, industry trends, and unique business models in the Japanese market.
Cocolive, headquartered in Chiyoda-ku, Tokyo, develops and provides “KASIKA,” a marketing automation (MA) tool designed specifically for the real estate industry. By streamlining customer management, automating follow-ups, and improving operational efficiency, the company supports real estate agencies, housing manufacturers, and property developers in their digital transformation.
Japan’s real estate sector has traditionally been slow to adopt digital solutions, relying on manual processes and face-to-face interactions. However, increasing labor shortages and the need for data-driven decision-making have accelerated demand for automated marketing and customer relationship management (CRM) tools. KASIKA meets this demand with industry-specific automation, an intuitive interface, and dedicated support, making it accessible even for businesses with limited IT expertise.
Adopted by over 1,000 real estate businesses, KASIKA streamlines sales and leasing operations, automates customer follow-ups to reduce sales team workloads, and integrates seamlessly with real estate portals. Its user-friendly design and strong customer support ensure that companies maximize its benefits.
In FY2024, Cocolive achieved record-high revenue exceeding ¥1 billion, maintained strong profitability, and successfully listed on the Tokyo Stock Exchange Growth Market. Looking ahead to FY2025, the company expects continued growth through enhancing KASIKA, expanding into new markets, and strengthening strategic partnerships, further advancing the digital transformation of Japan’s real estate industry.
| Company Name | Cocolive Corporation |
| Headquarters | 1-17 Kandasudacho, Chiyoda-ku, Tokyo, TFT Awajicho Building |
| Website | https://cocolive.co.jp/ |
| Year of Establishment | 2017/1/23 |
| Listing Date | 2024/2/28 |
| Industry | Information and communication industry |
| Business Overview | Developing and providing the marketing automation tool “KASIKA” for the real estate industry. |
| Representative (CEO) | Takanobu Yamamoto |
| Number of Employees | 74 (as of 2023/12/31) |
| Stock Exchange | Tokyo Stock Exchange Growth |
| Auditor | FRIQ |
| Lead Underwriter | SMBC Nikko Securities |
| Market capitalization (at opening price) | 11,645 million yen |
| PER (at opening price) | 112.11 |
| Major shareholders (Top 3) | •Takanobu Yamamoto (49.15%) •Yuji Tomita (12.44%) •XTech No.1 Investment Limited Partnership (9.46%) |
This document has been prepared based on information available at the time of the research. While we strive for accuracy, we do not guarantee the completeness or correctness of the information provided. This document is for informational purposes only and does not constitute investment advice or a recommendation. Readers are encouraged to conduct their own verification and due diligence before making any decisions.
Source: Tokyo IPO, Official Website, Yahoo! Finance
