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Linkers (5131) · RiskMitigated

Revenue Dependence on Specific Services and Projects

First written in FY2022. 10 of 12 entries say "Mitigated", first in FY2023-Q1. Latest entry: 2026-06-12.

12entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2023-Q1 – FY2024OtherFY2025-H12022: 220222023: 320232024: 320242025: 120252026: 32026
Same theme, other companies
Revenue Dependence on Specific Services and ProjectsA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

2 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「LFB, comprising the Linkers for BANK matching system for financial institutions and the Linkers for Business matching system for operating companies, had no new adoptions during the six-month consolidated accounting period, but the cumulative number of adopting institutions reached 50, compared with 46 in the same period of the previous year.」

    The cumulative number of institutions using LFB increased from 46 in the same period of the previous year to 50, indicating progress toward reducing revenue dependence on specific services and engagements.
  2. FY2025-H1Expanding the recurring-revenue base despite a decline in the number of institutionsAnnual report

    「Although the cumulative number of user institutions reached 46, the recurring-revenue base continued to expand steadily through higher monthly subscription fees and other measures.」

    The company explained that, although the cumulative number of user institutions reached 46 because of mergers among institutions using the service and other factors, the recurring-revenue base expanded through higher monthly subscription fees and other measures.
  3. FY2024MitigatedAnnual report

    「The cumulative number of institutions using LFB increased to 47, compared with 39 in the same period of the previous year, expanding the recurring-revenue base.」

    The number of institutions using LFB and the recurring-revenue base increased, and progress toward reducing revenue dependence on specific services and engagements continued.
  4. FY2024-Q3MitigatedAnnual report

    「With Linkers for BANK newly introduced at 3 institutions, the cumulative number of user institutions increased to 39, compared with 34 in the same period of the previous year, expanding the recurring-revenue base, centered on monthly subscription fees.」

    The number of institutions using LFB increased from 34 in the same period of the previous year to 39, and the expansion of the recurring-revenue base, centered on monthly subscription fees, is presented as progress toward reducing revenue dependence on specific services and engagements.
  5. FY2024-Q2MitigatedAnnual report

    「With the service newly introduced at 2 additional institutions, the cumulative number of user institutions reached 38, compared with 31 in the same period of the previous year, and the recurring-revenue base continued to grow steadily.」

    The cumulative number of institutions using LFB increased from 31 in the same period of the previous year to 38, indicating progress toward reducing revenue dependence on specific services and engagements.
  6. FY2024-Q1MitigatedAnnual report

    「The cumulative number of institutions using the service reached 36, compared with 31 in the same period of the previous year, expanding the recurring-revenue base.」

    The cumulative number of institutions using LFB increased from 31 in the same period of the previous year to 36, indicating progress toward reducing revenue dependence on specific services and engagements.
  7. FY2023MitigatedAnnual report

    「Meanwhile, LFB, comprising Linkers for BANK, a matching system for financial institutions, and Linkers for Business, a matching system for operating companies, increased its cumulative number of user institutions to 39, compared with 29 in the same period of the previous year, expanding the recurring-revenue base.」

    Growth in the number of institutions using LFB and in recurring revenue is presented as progress toward reducing revenue dependence on specific services and engagements.
  8. FY2023-Q3MitigatedAnnual report

    「“LFB,” comprising the “Linkers for BANK” matching system for financial institutions and the “Linkers for Business” matching system for operating companies, increased its cumulative number of adopting institutions to 34, compared with 27 in the year-earlier period, steadily expanding recurring revenue.」

    Growth in the cumulative number of institutions using LFB and in recurring revenue is presented as progress toward reducing revenue dependence on specific services and engagements.
  9. FY2023-Q1MitigatedAnnual report

    「The cumulative number of institutions using LFB reached 31, substantially expanding the recurring-revenue base.」

    Although this does not directly assess the risk of dependence on specific services or engagements, it discloses an expansion of the recurring-revenue base through increased LFB deployments.
  10. FY2022First statedAnnual report

    「In the fiscal year ended July 2021, the company was highly dependent on Linkers Trading because the medical isolation-gown tender handled through the service made a substantial contribution to revenue.」

    Although the company stated that dependence would decline in the fiscal year ended July 2022, it identified as a risk the potential impact if existing businesses and initiatives failed to progress as planned.
Moved together

"Transitioning the Revenue Base Away from Dependence on Specific Projects" moved the same way as this thread, in the same document, in 10 of its 12 moves.

1098665★123456
  1. ★This thread
  2. 1Transitioning the Revenue Base Away from Dependence on Specific Projects10×
  3. 2Expanding LFB Adoption and Horizontal Expansion9×
  4. 3Continued Technology Investment in the Matching System8×
  5. 4Expanding Research Services and Building an Expert Network6×
  6. 5Recruiting, Developing and Retaining High-Quality Talent6×
  7. 6Expansion of the Service Portfolio and Revenue Base5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Linkers yet. It last moved in the Results briefing materials of 2026-06-12: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Revenue Dependence on Specific Services and Projects | Linkers Corporation (5131) | Komori