JR Americas was notified on December 27, 2017 that Japan Remote Control Co Ltd. had officially filed for bankruptcy, effective December 26, 2017.
While we are unable to predict what the future will hold for JR "the company", over the past 18 months, JR Japan has made several significant changes regarding the ownership of their factory, as well as the assigning of all JR production rights and product development to their long-time business partner, Konishi Model Co Ltd. of Japan, allowing JR "the brand" to continue regardless of JR's looming financial hardship.
These strategic changes in ownership and manufacturing were carefully planned, and are key for the long-term continuation of the line.
These changes provide the JR brand with stability, and will insure the same legendary JR quality and reliability JR customers have come to know and trust moving forward.
JR Americas has been assured that the bankruptcy filing by JR will have no impact on the current product supply, servicing, or new product development.
JR Americas continues to receive regular product shipments, and the availability of JR products is expected to continuously improve throughout 2018 and beyond.