Studio KAI, the behind the anime Sentenced to Be a Hero , released its 2025 financial report, confirming a complicated scenario. According to the website GameBiz, the studio ended the period with a net loss of 565 million yen, widening the negative result compared to the previous year.
The data was published on April 13th through an official report. In 2024, the loss had been 248 million yen. Now, in addition to the increased losses, the company has also entered a situation of negative net worth.
Studio continues productions despite losses
Founded in 2019, Studio KAI produces animation for television and special projects. The company is a subsidiary of ADK Emotions and works with the planning and development of anime.
Therefore, recent projects include the anime series Uma Musume , Sentenced to Be a Hero , and the recent Snowball Earth. The studio also maintains an in-house team of over 130 employees.
Internal structure can impact costs
Studio KAI adopted a model focused on in-house production, with animators hired full-time. This format seeks stability, but increases fixed costs over time. The balance sheet shows assets of approximately 1.89 billion yen, while liabilities exceed 3.92 billion yen. This explains the accumulated deficit and the debt-to-assets situation, which requires attention in the coming years.
Source: Gamebiz