Studio Fantasia, anime production studio of "Stratos 4", etc. to Go Bankrupt
The anime production studio Studio Fantasia with "Stratos 4", "Kimi ga Nozomu Eien", "Najica Blitz Tactics" etc. to its credit was notified by the Tokyo District Court, November 16, the start of bankruptcy proceedings.
Studio Fantasia was founded in 1983 and has since produced anime videos, TV programs, and games. A dwindling order has affected its financing, which aggravated in recent years. Efforts in reducing business failed to pay off. The studio stopped business last summer, its total indebtedness running up to 150 million yen for 50 creditors.