LIFULL Releases First Quarter Results

March 31, 2021
Share this Post: 

LIFULL Co., Ltd., the parent company of LIFULL HOMES, has released its first-quarter results ended December 31, 2020. Like many other companies, it saw its own slew of hardships due to the global pandemic but has since bounced back. 


Revenue is down 10.1% year-over-year due to COVID-19’s effects on the economy. Domestic investments in operating income are also down 23.9% and net profit is down 24.1%, year-over-year. 

However, the HOME’s Services Segments is on the rebound, and profit in its Overseas Segment is up. 

Since the first State of Emergency in Japan was lifted, LIFULL revenue began its slow recovery. The company shared this infographic as an explanation.

Lifull Yoy

LIFULL has a number of goals for the coming year to aid in the upward momentum, including new advertisement campaigns for LIFULL HOMES, informational videos on website features, new search experience with new searchable criteria, more agency contact options via LINE, optimize customer support, and management report offers on condos for those looking for a safer moving experience.

The company has also recently announced a partnership with Solutions to offer SNS capabilities for its consumers. With this new feature, users can create unique SNS advertisements with analytic capabilities to help gather leads for their listings.

March 31, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Yandex Bleak Houses
Yandex Reaches Settlement with Russian Classifieds Companies Over Competition Law Dispute

Russian search giant and online classifieds operator Yandex has reached a settlement with the country's Federal Antimonopoly Service (FAS) putting...

Read More
Otm British Street
OnTheMarket Performing 'Ahead of Expectations' as it Rapidly Approaches Breakeven

The majority agent-owned British portal OnTheMarket has released a trading update to the London Stock Exchange in which shareholders were...

Read More
Homesearch Searching For Home Pic
British PropTech Homesearch Gets Funding From Original Zoopla Backer Octopus Ventures

Property data prospecting system and one-time challenger portal operator Homesearch has secured £5 million in funding from Octopus Ventures. Founded...

Read More
Habi Aerial Backgorund Df
Mexican iBuyer Habi Acquires Portal and Tu Cantón

Colombian based iBuyer Habi has announced that it has acquired OKOL, the parent company of Mexican end-to-end brokerage and marketplace...

Read More

Popular News