They said, at the time, that the keyboard side of Panasonic's (Technics owners) operation was such a tiny operation, compared with the rest of their portfolio, that it was not worth carrying on. The limited amount of profit returned after R & D costs did not warrant the effort when they could return much bigger & easier profits through the many other arms of their business.

They were not losing money but wanted to concentrate on more profitable enterprises.

It's surprising that Yamaha carry on really when they are in such a similar position and must make easier profits in their other divisions although they have the advantage of not having the amount of competition which they had to face when Technics & Roland were still making serious keyboards.

Tony