Credit research company Tokyo Shoko Research (TSR) reported on Monday that anime studio Production IMS has begun consolidating its debt as of June 7.
Later in December, animator Teru Miyazaki posted but deleted a complaint on Twitter that an anime studio he implied was Production IMS was not paying its animators.
The official Production IMS website features only a notice from November, saying that the studio would move from Hikarigaoka to Nakamurabashi (both in Tokyo) on December 2.