885km from 72L equates to 12.3km/L or 8.1L/100km.
That is not only amazing, but as far as I'm concerned outright unbelievable for a full weight LS400 (presuming he does have a 1UZ or similiar age).
Even Toyota quotes figures around the 10-10.5L/100km in factory testing, and I have never heard anyone on stock management getting the figures your friend has.
It sounds like he's had the fuel map tweaked a little.
On a side note everything on the motor will affect fuel economy.
If the spark is poor, you will use more fuel.
If the injectors are leaking a little, you will use more fuel.
If the temp sensors are reading off, you could use more fuel.
If the AFM is reading out, you could use more (or less even) fuel.
If the o2 sensors are getting old, you will use you more.
On my car everything is either new, reconditioned, or cleaned.
The only things left to replace are the o2 sensors. I'll expect probably 1L/100km less fuel to be used after I replace them.
My car is also ~200kg lighter than an LS, and I don't expect to drop under 10L/100km while on stock untouched engine management.