Future Link Network Co.,Ltd.
9241・Growth Market・Services
Business
Future Link Network Co., Ltd. was founded in 2000 and is headquartered in Funabashi City, Chiba Prefecture, listed on the TSE Growth Market. Centered on the regional information platform "Maipure," the company consists of two segments: the Regional Information Distribution Business, which provides information dissemination and marketing support for regional small and medium-sized businesses, and the Public Solutions Business, which offers Furusato Nozei BPO and regional common point services for local governments. The company operates in cooperation with 154 operating partners nationwide, expanding across all 47 prefectures and 914 municipalities. Under its mission of "building a sustainable regional community model," the company leverages its strong affinity with regional revitalization policy as a key strength. It has two consolidated subsidiaries: Koukyo BPO Co., Ltd. and Chiiki Kassei AI Technologies Co., Ltd.
Business Model
In the Regional Information Distribution Business, the company collects platform usage fees via monthly subscriptions from local small and medium-sized businesses and stores, in addition to earning partner franchise fees and royalty revenue (20% of listed store advertising fees) from operating partners nationwide. In the Public Solutions Business, the company receives fees linked to the donation amounts of contracted municipalities in the Furusato Nozei Business Support (BPO) operations, and earns commission fees and system provision fees in regional common point services and public consulting. In FY2025 (ending August 2025), sales for both segments were nearly equal (Regional Information Distribution Business: ¥767 million; Public Solutions Business: ¥778 million).
Company Strengths
The company launched its operating partner business in 2005, and as of the end of the fiscal year ending August 2025, it has expanded to 154 companies across 47 prefectures and 914 municipalities nationwide. This regionally-rooted editorial and sales network is directly linked to the on-the-ground responsiveness required for the Furusato Nozei Business Support (BPO) and regional point businesses, forming an entry barrier that competitors cannot easily replicate.
In the fiscal year ending August 2025, the amount of Furusato Nozei donations for municipalities that outsourced operations to the Group reached ¥8.5 billion (up ¥1.6 billion year on year). Furusato Nozei-related revenue was ¥589,928 thousand (up 14.6% year on year), and segment profit for the Public Solutions Business expanded significantly to ¥221,900 thousand (up 112.4% year on year).
The company began nationwide sales of its region-specific AI agent "Maipure-kun" in April 2025. Through active rollout from the third quarter onward, the average monthly unit price per Maipure store in directly-operated areas reached ¥10,436, up ¥1,405 year on year. Maipure-related revenue in directly-operated regions was ¥173,214 thousand (up 21.8% year on year).
ENVALITH's Perspective
Performance Trend
For the cumulative nine months of FY2026 (ending March 2026) [September 2025 to May 2026], revenue was ¥1,175 million (down 1.8% year-on-year), operating loss was ¥65 million (worsening from a loss of ¥12 million in the same period of the previous year), and quarterly net loss attributable to owners of the parent was ¥95 million (compared to net income of ¥37 million in the same period of the previous year). Looking at the trend over the past five fiscal periods, operating losses had been on a narrowing trend from FY2022 to FY2025, but in the current period, an increase in SG&A expenses (up ¥77 million year-on-year) combined with a decline in revenue from the Public Solutions Business caused losses to widen again. As an external factor, demand fluctuations associated with the October 2025 revision of the Furusato Nozei (hometown tax) system affected the Public Solutions Business. The full-year earnings forecast (revenue of ¥1,741 million, operating income of ¥0 million) remains unchanged, but a significant recovery in Q4 is required to achieve it. The equity ratio declined to 21.1% (from 28.0% at the end of the previous fiscal year), and attention should also be paid to the deterioration in the financial base.
Growth Strategy
Growth acceleration through three pillars: nationwide expansion of AI agent, deepening of Furusato Nozei BPO, and building of the Related Population Creation business
Accelerating sales of "Maipure-kun" across both directly operated and partner-operated regions, driving increases in MRR unit price and new customer acquisition. Cumulative customers using Maipure-kun have exceeded 2,000 stores nationwide, with directly operated MRR revenue up 15.3% year on year. Expansion of enterprise products targeting multi-store operating companies is also being promoted in parallel.
Focusing on growth measures to increase donation amounts at contracted municipalities. Cumulative donation amount at contracted municipalities for the third quarter under review was ¥6.82 billion (a decrease of ¥200 million year on year), a temporary decline. This was affected by the October 2025 system revision, but the overall market has remained at record-high levels, and room for medium- to long-term expansion continues.
Promoting the establishment of a revenue base through "Nativ.media" and new alliance acquisition centered on "Chiiki no Shigoto Honne Salon" (Regional Work Honest Talk Salon). Marketing Support Business revenue reached ¥204 million cumulatively in the third quarter under review (up 34.4% year on year), achieving high growth, and is being nurtured as a new revenue pillar for the Regional Information Distribution Business.
Last updated: July 17, 2026