The Japanese translation seems to agree with the English word. t's pronounced "Leave." From FreeDictionary.com:

Leve
(lēv)
a. 1. Dear. See Lief.
n. & v. 1. Same as 3d & 4th Leave.
v. i. 1. To live.
v. t. 1. To believe.
1. To grant; - used esp. in exclamations or prayers followed by a dependent clause.
God leve all be well.
- Chaucer.
There's also a word pronounced "LEV-ē," but that word is spelled "levee" or "levy."