 However, on 1 April 2015, "the new" Orion Electric Co., Ltd. was established, and took over "the old" Orion Electric business.Then, 4 years later, on 19 January 2019, Orion Co., Ltd., the subsidiary of Doshisha Corporation in Osaka, took over "Orion" brands and business.On 20 May 2019, "the new" Orion Electric Co., Ltd. had reached insolvency.