posted on by Crystalyn Hodgkins
The May 14 edition of the Japanese government’s Kanpou paper published that the Studio KAI animation studio suffered losses of 165,129,000 yen (about US$1.51 million) in its second financial results report, for the time period ending on December 31. The company had reported losses of 402,010,000 yen (about US$3.69 million by current conversion) in its first report, for the time period ending on December 31, 2019.
Studio KAI is a subsidiary of ADK Emotions, and was formed in June 2019. GONZO transferred a portion of its anime production, intellectual property, and rights management business to Studio KAI in July 2019 when GONZO executed an “absorption-type company split.”
Studio KAI has worked on such anime as Uma Musume Pretty Derby Season 2, 7SEEDS, The New Prince of Tennis: Hyotei vs Rikkai Game of Future, Cagaster of an Insect Cage, Phantasy Star Online 2: Episode Oracle, 23-ji no Saga Meshi Anime, Skeleton Knight in Another World, and Super Cub.