If you’re a fan Ikki Tousen, Elfen Lied, and Queen’s Blade, I got some unfortunate news for you. According to Anime News Network, the anime studio behind these anime, Arms, has declared bankruptcy. Tokyo Shoko Research (TSR) reported this week that Arms filed for special liquidation on July 22, after deciding on that course of action through a shareholder meeting on May 31.
According to ANN, Arms was found in 1996 and it focused on outside animation work from Pierrot and also did anime collaboration from adult anime companies such as Pink Pineapple and Green Bunny. They started their own anime series in 2004 with the anime Mezzo. The company would later be involved with other anime series such as mentioned from earlier as well as Aesthetic of a Rogue Hero, Samurai Girls and Valkyrie Drive: Mermaid. Their recent anime series they worked on was Ikki Tousen: Western Wolves in 2019. In 2017, they changed their studio’s name from Arms to Common Sense, but they still kept the trademark name for Arms.