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Tear Studio’s Parent Company Filing For Bankruptcy

The fate of Tear Studio has potentially been decided as its parent company, Next Batters Circle Co., Ltd., is filing for bankruptcy, certain to have anime fans curious as to what fate will befall the sexy Nande Koko ni Sensei ga.

It was revealed that Next Batters Circle Co., Ltd. is in an overwhelming amount of debt, specifically ¥43 million (about US$392,000), and on top of that, they also owe animators a staggering ¥8 million ($73,000) – they are expected to officially file for bankruptcy in the near future.

Though they officially stopped operating on December 13th, they actually performed no work since near the end of November; Tear Studio was swept into a dilemma about a week ago when it suddenly “disappeared”, leaving hard-working animators without pay.

Tear Studio’s portfolio is rather short, but they are known for producing Nande Koko ni Sensei ga, Lord of Vermilion: The Crimson King, the Oushitsu Kyoushi Haine film, and Fragtime.

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