“Studio KAI Reveals Record Losses, Facing Insolvency: Analysis of Recent Anime Projects”

2023-04-17 15:14:15

production company Studio KAI published the income statement for the fourth quarter of the fiscal year ended December 2022, revealing that his losses amounted to 381 million yen (more than 2.83 million dollars). This added to the accumulated losses at the end of the fiscal year ending December 2021, which amounted to another 104 million yen (more than 773.3 million dollars).

With consecutive fiscal periods ending in losses, Studio KAI is legally “insolvent”, as revealed in the article published in the Official Gazette on April 17. Let us remember that it is a recently created studio, founded in June 2019, as a division of ADK Emotions and inheriting various productions, intellectual properties and copyrights from the studios GONZO. In fact, the company had already had losses of 165 million yen in the 2020 fiscal period, that is, it has been losing for three consecutive years.

In recent years, Studio KAI has produced a variety of anime projects, most notably Fuuto Tantei, Shine Post, Shin Tennis no Ouji-sama: U-17 World Cup, Gaikotsu Kishi-sama, Tadaima Isekai e Odekakechuu, Super Cub, Uma Musume: Pretty Derby 2nd Season, among others. He is currently producing the projects Uma Musume: Pretty Derby 3rd Season y Captain Tsubasa: Junior Youth-hen.

This attracted a variety of comments, especially considering the immense popularity of Uma Musume: Pretty Derby:

  • «They make good anime projects, but they don’t seem to sell enough records».
  • «It seems that the study opted to raise the quality of its projects at the cost of going bankrupt».
  • «Little investment in production and huge losses for Studio KAI mean they must have poured out a lot of money to improve quality.».
  • «In the end, the best thing for a production studio is to make a raw product within the production budget it has been given. If they cut their own costs for the sake of quality, they fall into the red like WIT Studio and Studio KAI».
  • «I don’t understand why Studio KAI keeps falling into the red every year. I thought getting the production rights to something as popular as Uma Musume: Pretty Derbu would help him.».
  • «I understand that it is difficult to recover from a period of losses, but, increase them?».
  • «The more effort put into production, the more money is lost, mechanically speaking.».

Fuente: Gamebiz

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