monoAI technology lowered its full-year forecast for the fiscal year ending December 2026, cutting its revenue forecast to ¥600 million, with wider operating, ordinary and net losses expected. Intensifying competition among AI agents and delays in winning new XR projects are cited as the main factors.
monoAI technology announced on 13 November that it had lowered its full-year consolidated earnings forecast for the fiscal year ending December 2026. The new revenue forecast is ¥600 million, versus the previous forecast of ¥858 million, while operating loss is projected at ¥476 million, ordinary loss at ¥451 million and net loss at ¥469 million. Revenue is expected to come in 30.1% below the previous forecast, with losses at each profit level also expected to widen.
The company said it had been advancing portfolio restructuring, positioned as a period of transformation in its business structure, as well as external sales of AI solutions including AI agents. However, sales were affected by the launch of competing products and rapid advances in AI technology. AI-related revenue is expected to total ¥151 million, compared with the initial plan of ¥305 million.
In the XR business, the company secured a certain level of revenue through recurring orders from existing customers, but was delayed in winning new projects. Revenue is expected to be ¥449 million, compared with the forecast of ¥553 million, while limited reductions in expenses, mainly fixed costs, also contributed to the widening losses. Research and development expenses are expected to total approximately ¥123 million for the full fiscal year, which the company said would also contribute to the increase in operating loss.