On May 14, 2026, Corporation Kudan announced its full-year financial results for the fiscal year ending March 2026. Sales reached approximately 1.2 billion yen (1,196,972 thousand yen), representing a 131.3% increase and a 2.3-fold expansion compared to the same period of the previous year.
The main reason for the sales growth is the diversified expansion of our businesses in digital twins and robotics.
In the digital twin domain, we have begun full-scale deployment of “Kudan PRISM,” a DX solution for facility management, infrastructure inspection, and disaster response. In the mobile robot domain, we are participating as a development leader in a software development platform construction project for autonomous mobile robots for construction purposes, publicly solicited by NEDO (New Energy and Industrial Technology Research Organization). The total budget for this project is 10.3 billion yen over three years. For XR broadcasting, our position estimation technology for robot cameras at FOX Sports has achieved commercial operation for a full NFL season.
Connecting these digital twins with robots is the field of AI known as physical AI. Physical AI is a general term for technologies that enable AI to act and learn autonomously in real space through robots and other means. At its core is “spatial perception” technology, which allows machines to recognize and understand real space, and Kudan is developing this field as its core business.
The company provides spatial perception technology for robots and digital twins, and the full-scale development of the physical AI market has boosted its performance this fiscal year.
The operating loss was approximately 590 million yen (585,955 thousand yen), a decrease of approximately 210 million yen from approximately 800 million yen in the same period last year. The ordinary loss was approximately 170 million yen (174,487 thousand yen), and the net loss was approximately 190 million yen (188,266 thousand yen).
For the fiscal year ending March 2027, the company forecasts sales of 1.03 billion yen (down 13.9% year-on-year) and an operating loss of 340 million yen. The main reason for the decline in sales is that some hardware sales were recorded in the previous fiscal year due to a shift in business focus from hardware to software. The company positions this fiscal year as a turning point to increase its software ratio and expects to return to profitability in the next fiscal year and beyond.
This article is an English translation of an original Japanese article, translated by the Mogura VR editorial team.
