Ubiquitous AI Posts Loss Despite Revenue Drop; No Dividends Planned

Ubiquitous AI Corporation [3858.T]

TOKYO, May 20 (Pulse News Wire) – Ubiquitous AI Corporation (3858.T) reported a lower net profit of ¥518.7 million for the fiscal year ended March 31, 2026, compared to a profit of ¥91.1 million in the previous year. Revenue was ¥3,924,475 thousand from ¥4,138,789 thousand due to reduced sales in certain product lines.

The company's lower operating profit was ¥201,117 thousand, down from an operating profit of ¥96,498 thousand last year. Ordinary losses amounted to ¥213,688 thousand, reversing the prior year’s ordinary profit of ¥92,889 thousand. In addition, Ubiquitous AI recorded impairment losses totaling ¥219,628 thousand, primarily related to software assets and fixed assets.

The firm also noted a decline in its equity ratio to 51.7% percent. Looking ahead, Ubiquitous AI expects revenue growth in some areas but anticipates overall revenues to remain flat or slightly increase in fiscal 2027. The company plans to continue investing in future projects while maintaining a focus on improving profitability over the long term.

No dividend payments are expected for the foreseeable future due to ongoing efforts to strengthen the company's internal reserves.

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