Trust Japan has released a blog post and update on the official website in response to the bankruptcy news yesterday. In the response Trust sincerely apologised for the concern and impact of the news, but confirmed that proceedings are underway under the Japanese Civic Rehabilitation Law.

As previously reported, Trust assured that there will be no impact to part availability or development in the forseeable future.  Trust organised events in Japan will continue on schedule and the company pleaded for continual customer loyalty and confidence.

We are happy to report this news and provide confidence for the purchase of Greddy products. In fact, in this troubled time purchasing Greddy products may prevent any future hard times for one of the largest companies in the Japanese industry.

If you have any concerns regarding Greddy products, please contact us in advance and we'll be happy to confirm availability before placing your order.

Sources - Trust Japan - Greddy Japan Blog

As widely reported, Trust Japan, makers of Greddy, Grex and Gracer parts, has filed for bankruptcy in Japan. Our close sources here in Japan have confirmed the news and the company can be seen listed by Teikoku Databank on the 10th of September.

We recommend all of our customers to contact us prior to purchasing Trust products to confirm availability. At this stage, we have been advised it will be "business as usual" for the forseeable future and there should be no impact to orders. However, we will be monitoring the situation closely and be in contact with any customers that have purchased Trust products no longer available.

Trust has only just released a number of new exciting products, including the Infometer Touch, F-Manage, Spec-LS intercooler, Performance Dampers, exciting aero and exhaust parts for the R35 GTR and a new range of performance camshafts.

The full impact of this aggressive product development in a declining market has yet to be seen, but there are reports of Trust in US$60M debt on US$58M in annual sales.

With the memory of Apexera's previous bankruptcy, we envision Trust products to continue being available in the long term, but possibly at increased lead times and reduced product development.

We wish the Trust company and the 190 staff the best of luck in this difficult time. We will keep everyone informed and update this blog as we hear more details.