LINKBAL INC.

Business Details

Linkbal Inc. provides dating services for single men and women, centered on "machicon JAPAN" (event e-commerce site), "CoupLink" (matching app), and "1on1 for Singles" (store-based cafe lounge). Starting this interim period, the company has reorganized its service categories into "Matching Service" and "AI Solution Service," positioning the AI-driven solution area as a second growth driver. The company operates in a single domestic market, and the number of Linkbal ID members surpassed 2.91 million as of the end of March 2026.

Recent Overview

Operating profit turned positive in the interim period; AI Solution Service expanded rapidly, up 55% year on year

In the interim period of FY2026 (ending September 2026) (October 2025 to March 2026), revenue was ¥493 million (up 11.6% year on year), and operating profit was ¥864 thousand, turning positive from an operating loss of ¥62,907 thousand in the same period of the prior year. On the cost side, the combined total of cost of sales and selling, general and administrative expenses was reduced by 2.4% year on year. Effective April 1, 2026, the company changed its market segment listing from the Growth Market to the Standard Market, recording related expenses on a one-time basis. The company newly established a shareholder benefit program this period, recording a shareholder benefit provision of ¥9,986 thousand. Service categories were reorganized into "Matching Service" and "AI Solution Service," with the AI Solution Service continuing its high growth trajectory, up 55.1% year on year.

Key Products

Growth Drivers

• Promotion of the ecosystem strategy and new customer acquisition through expansion of self-planned events at machicon JAPAN
• Establishment of a second revenue pillar through rapid growth of the AI Solution Service (up 55.1% year on year in the interim period of FY2026 (ending September 2026))
• Mutual customer referral and improved retention through strengthened integration among CoupLink, 1on1 for Singles, and machicon JAPAN
• Improved profit structure through optimization of selling, general and administrative expenses (down 8.5% year on year to ¥369,261 thousand in the interim period)
• Continued expansion of Linkbal ID membership (surpassing 2.91 million as of the end of March 2026)
• Expansion of the investor base and enhanced corporate credibility through the change in market segment listing to the Standard Market

Risks

• A material event related to the going concern assumption continues to exist due to consecutive operating losses since FY2021 (ended September 2021) (however, the company has determined that no material uncertainty exists given the return to profitability in this interim period)
• Intensifying competitive environment against rival services in the casual dating and marriage-oriented matchmaking market
• One-time recording of screening fees and market segment change expenses associated with the transition to the Standard Market (no further expenses expected from the next period onward)
• Increased expenses due to recording of a shareholder benefit provision (¥9,986 thousand) associated with the newly established shareholder benefit program
• Impact on gross profit margin from increased cost of sales (up 21.5% year on year to ¥123,832 thousand)
• Continued repayment burden from long-term borrowings outstanding of ¥107,535 thousand (current and non-current combined)