ENVALITH
株式会社リブ・コンサルティング logo

LiB Consulting Co.,Ltd.

480AGrowth MarketServices

株式会社リブ・コンサルティング logo
LiB Consulting Co.,Ltd.480A

Business

Live Consulting Co., Ltd. was founded in 2012 and operates its Consulting Business as a single segment both domestically and internationally, guided by its management philosophy. The company serves a broad client base ranging from venture companies to small and medium-sized businesses (SMBs) and large corporations, with cumulative support projects reaching 10,000 since its founding. Its client base spans nationwide, and the company is characterized by "hands-on support" that goes beyond strategy formulation to engage directly with clients on the ground. The group has sales agency and DX implementation functions, and advances its business through a six-company structure consisting of the company itself and five consolidated subsidiaries. The company listed on the TSE Growth Market in December 2025, aiming to strengthen its financial foundation and creditworthiness.

Business Model

The majority of revenue consists of fees for consulting services provided. The company manages revenue per consultant (¥26.2 million in FY2025) as a productivity indicator, aiming to expand sales through both workforce expansion and productivity improvement. The structure enables consistent support from strategy formulation through the execution phase in collaboration with group subsidiaries (Goofy, Prucell, Flow Group, etc.), aiming to increase customer unit prices and retention rates.

Company Strengths

The company advocates "hands-on support," going beyond strategic proposals to embed itself in client operations and work alongside clients until results are achieved. It has built a "three-in-one support system" that mutually feeds back growth know-how cultivated through venture support and advanced methodologies from large enterprise support, and the cumulative number of support projects since founding has reached 10,000.

Sales per consultant improved significantly in the most recent period, moving from ¥24.0 million in FY2022 → ¥23.4 million in FY2024 → ¥26.2 million in FY2025. This was driven by the use of generative AI in operations and organizational reinforcement by client size, and with 188 consultants at fiscal year-end (end of FY2025), the company achieved net sales of ¥6,109 million and operating profit of ¥839 million.

The company has been recognized in the "Great Place to Work" ranking (Japan mid-size company category) by the Great Place to Work Institute, one of the world's largest workplace survey organizations, for 12 consecutive years since 2015. It has earned high evaluation within the industry for recruitment, development, and retention of talent, which form the foundation of the consulting business.

ENVALITH's Perspective

The operating margin for Q1 of FY2026 (ending December 2026) was high at 16.4% (operating profit of ¥295 million on revenue of ¥1,805 million). The full-year forecast operating margin is 15.7% (operating profit of ¥1,111 million on revenue of ¥7,086 million), meaning the Q1 result is running ahead of the pace implied by the full-year forecast. However, since a year-on-year comparison is not possible, it is difficult to grasp seasonality, and close attention is needed to the potential fluctuation in margin resulting from cost increases (accelerated hiring and investment) from Q2 onward.

Against the full-year revenue forecast of ¥7,086 million, the Q1 result was ¥1,805 million (a progress rate of 25.5%), and against the full-year operating profit forecast of ¥1,111 million, the Q1 result was ¥295 million (a progress rate of 26.6%), indicating a generally solid start. On the other hand, the full-year forecast incorporates high growth of +16.0% in revenue and +32.4% in operating profit year-on-year, and amid growing uncertainty in the external environment such as the situation in the Middle East, exchange rate fluctuations, and global inflationary pressures, the trend in project acquisition in the second half will be key to achieving the full-year target.

In terms of the market environment, demand for the social implementation of technology (DX), including generative AI, remains strong, providing a tailwind that supports the structural expansion of consulting demand. On the other hand, the advancement of generative AI also carries the risk of substituting for the very added value that consultants provide. The concrete revenue contribution from AI utilization support through the business alliance with Preferred Networks and others, as well as progress in productivity improvement through AI implementation in the company's own operations, will determine its medium- to long-term competitiveness.

Growth Strategy

Aiming for a revenue CAGR of 20% and operating profit CAGR of 40% through FY2028 (ending March 2028), driven by three pillars: marketing, DX, and M&A

Strengthening the organization by customer scale enables fine-grained responses to each growth stage, from ventures to major corporations. New project acquisition—such as Growth Support Consulting and DX implementation support—built on continued engagements with existing clients has progressed steadily, with Q1 revenue of ¥1,805 million representing 25.5% progress against the full-year forecast of ¥7,086 million.

To capture demand for the societal implementation (DX) of technologies including generative AI, the company is rolling out AI utilization support services through a business alliance with Preferred Networks. Demand for business process reform and support in overcoming labor shortages remains high across the industry as a whole, and the company is focusing on providing high-value-added services.

The Group-in transaction of Flow Group Inc. (June 2025) has strengthened the framework for utilizing external specialized talent. Backed by improved financial foundation and creditworthiness following the listing on the TSE Growth Market (December 2025), the company plans to continue pursuing business domain expansion and enhanced specialization through M&A. Net assets of ¥3,770 million and an equity ratio of 82.9% as of the end of March 2026 underpin its investment capacity.

Last updated: July 17, 2026