Enhancing Safety in Elderly Housing: Livmo Teams Up with R65 for Smart Monitoring Services

In a significant development in the real estate sector, Livmo, a company based in the heart of Tokyo's Minato ward, has announced a partnership with R65 to introduce an innovative elderly monitoring service named 'Rakumori.' This initiative aims to improve safety for senior citizens residing in rental properties while helping property owners maintain their assets and mitigate risks associated with elderly tenants.

The Challenge of Housing for the Elderly

As Japan faces a rising trend of elderly single-person households, the issue of accommodating seniors in rental housing has become unavoidable. However, this has presented challenges for both landlords and property management companies. Concerns about potential incidents, such as solitary deaths leading to properties becoming accident-affected, present significant financial risks. Consequently, many property owners remain hesitant to rent to elderly individuals, resulting in an ongoing dilemma regarding residence support for older adults.

To combat these issues, Livmo has made a decisive move to leverage technology to create a secure living environment, allowing seniors to maintain their familiar lifestyles without compromising their privacy or safety. The introduction of the 'Rakumori' service is formulated to address these concerns effectively without the need for extensive renovations or installations.

What is 'Rakumori'?

'Rakumori' is an advanced monitoring service that utilizes data from smart meters installed in residential properties. By analyzing electricity consumption patterns, the system can automatically check the well-being of residents if any irregularities are detected. The service relies on precise data provided by utility companies across the nation, offering several key features:

- Privacy Protection: The service does not utilize cameras or infrared sensors, allowing residents to live without the feeling of being monitored, thus respecting their daily routines.
- No Installation Needed: 'Rakumori' employs existing smart meters, eliminating the need for cumbersome wiring or complicated device installations within the home.
- Early Detection and Automatic Response: If there are anomalies, such as no fluctuations in electricity usage for a certain period, the system will automatically initiate a wellness check via phone call. Should there be no response, notifications will be sent to property management or family members, facilitating prompt assurance of the resident’s situation.

Benefits of the New Service

The introduction of 'Rakumori' delivers multiple advantages, including:

- Peace of Mind for Residents and Families: The technology’s continuous monitoring provides assurance to families looking after seniors living independently, alleviating their concerns.
- Reduced Economic Risks for Property Owners: Timely detection can minimize any potential damages within the property. Additionally, attaching coverage like 'lonely death insurance' can significantly reduce risks associated with rental loss or repair costs arising from accidental properties.
- Smoother Tenant Screening: By offering a reliable monitoring system along with financial guarantees, property owners who might have been cautious about renting to seniors can become more receptive, thereby expanding opportunities for older tenants.

Future Outlook

Livmo has always approached its business by focusing on the entire aspect of living. The journey of finding a suitable home can present invisible barriers as individuals age. In launching 'Rakumori,' the company aims to overcome these barriers together with the community.

As 'Rakumori' evolves, Livmo envisions a future where elderly individuals can confidently choose preferred living spaces, while property owners feel secure entrusting their properties under a reliable management system. Livmo intends to enhance its own managed properties while also creating partnerships to develop a society where age does not limit living options.

For more information about Livmo:

- Company Name: Livmo Inc.
- Location: 5F, Roppongi Mikawadai Building, 4-8-7 Roppongi, Minato-ku, Tokyo
- CEO: Yuki Minamoto and Ryosuke Suzuki
- Established: March 23, 2012
- Business Scope: Real estate management, rental brokerage, accommodation services, consulting
- Website: Livmo

For more about R65:

- Company Name: R65 Inc.
- Location: 3-11-15 Akasaka, Minato-ku, Tokyo
- CEO: Ryo Yamamoto
- Business Scope: Senior rental brokerage, monitoring service development and provision
- Website: R65