Japanese role-playing game studio Imageepoch has gone bankrupt — but its latest game is still coming out

The maker of Luminous Arc is gone forever.

Japanese game developer Imageepoch and affiliate company Smile Online Games have begun bankruptcy procedures in Tokyo this week following a stretch of declining sales. Research provider Teikoku Databank reports (via Siliconera) that Imageepoch has a debt of $9.2 million (1.1 billion yen) owed to 43 different creditors. This closure comes just before the studio’s 10th anniversary, and it’s a sign of the times for the shrinking worldwide retail games market as consumer tastes shift toward digital delivery and mobile platforms.