After year’s of rumours, news has reached us that Kyosho has been acquired by an investment fund with plans for a restructure of the business.

Sources in Japan point to a slow down in domestic sales as the culprit behind the “sluggish performance”. Japan’s Nikkei stock market published the news, announcing purchaser, Shinsei Bank’s plans to rebuild management by boosting expansion of Asian sales channels & customers in growth markets. Former President Aki Suzuki will serve on in an advisory role to the company whilst Katsumi Watanabe is already listed as President on Kyosho’s own website. Interestingly in the company milestone timeline, it reads, 2018: Kyosho “Reborn”.

Sources: Nikkei / Kyosho