Studio KAI 因年度巨額虧損面臨財務困境
Studio KAI Faces Financial Struggles After Significant Annual Loss
Updated at: May 28, 2026 at 03:25 AM
日本動畫製作公司 Studio KAI 正面臨嚴峻局面，該公司已於2026年4月正式宣告無力償債。
Japanese animation studio Studio KAI is facing a critical situation as it has officially declared insolvency as of April 2026.
根據日本政府的官方公報，由於2025財年淨虧損達5.65億日圓，該工作室目前的負債已超過資產。
According to the Japanese government's official gazette, the studio's liabilities now exceed its assets following a net loss of ¥565 million for the 2025 fiscal year.
自2019年成立以來，該工作室始終難以獲利，連續七年呈現財務赤字。
Since its establishment in 2019, the studio has struggled to achieve profitability, marking seven consecutive years of financial deficits.
儘管面臨這些挑戰，Studio KAI 仍憑藉《賽馬娘 Pretty Derby》及《轉生第七次的惡役令孃》等作品，建立了高品質的聲譽。
Despite these challenges, Studio KAI has built a reputation for high-quality work with titles like 'Umamusume: Pretty Derby' and '7th Time Loop'.
與許多依賴自由接案者的工作室不同，KAI 選擇以聘請動畫師為全職員工的方式，建立永續的商業模式。
Unlike many studios that rely on freelancers, KAI chose a sustainable business model by hiring animators as full-time employees.
作為 ADK Emotions 的子公司，該工作室的未來仍不明朗。
As a subsidiary of ADK Emotions, the studio’s future remains uncertain.
粉絲與業界專家目前正推測其母公司——或是其擁有者，遊戲巨頭 Krafton——是否會提供必要支援，讓工作室在這些艱難的破產程序中存續下來。
Fans and industry experts are now speculating whether the parent company—or its owner, the gaming giant Krafton—will provide the necessary support to keep the studio afloat during these difficult insolvency proceedings.
