Opinion

Onkyo has gone bankrupt

One of the big old trees in the hi-fi forest has fallen. Without a sound.

written by / 2022-05-14 - 10:00 am
Onkyo has gone bankrupt

[UPDATED: WHILE JAPANESE ONKYO HAS CLOSED SHOP, THE BRAND LIVES ON!]

Also check out Onkyo lives on!

When Japanese Onkyo declared itself dead on Friday, it wasn't the whole story. For the Onkyo brand lives on under American ownership.

Onkyo shuts down. The once-honoured Japanese hi-fi brand has gone bankrupt. Thus ends a chapter in audio history that has lasted since 1946.

With debts of 3.1 billion yen (about 23 million euros), Onkyo could no longer make ends meet. And on Friday, the company itself filed for bankruptcy in Osaka District Court. So writes the business media Nikkei.

There was a time when Onkyo’s demise would have sent shockwaves through the audio world. That’s not going to happen. Probably few will notice. And some will ask: Who was Onkyo?

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A hollow shell

If a tree falls in the forest and no one notices – does it make a sound?

The question, attributed to 18th-century philosopher George Berkely, is a classic thought experiment about the difference between the physical world and the experienced one.

In the case of Onkyo, the answer is no. One of the old trees in the hi-fi forest has fallen. It happened without a sound, and no one will notice. The core had long since rotted away, and only a hollow shell remained.

In the 1970s and 80s, Onkyo was a brand of note. When confirmation money had to be spent on a stereo, Onkyo was one of the brands considered. Especially if Sony and Technics were a bit too expensive.

Onkyo did not keep up with the times

But the world has changed, and Onkyo hasn’t been able to keep up. Gone are the days when hi-fi was a people’s passtime. We still listen to music, but the heavy hi-fi rack in the living room has been replaced by portable audio, car audio and wireless multi-room speakers.

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There are still enthusiasts who spend fortunes on stereo. But then the equipment becomes super-expensive and exclusive. And Onkyo was never that. Onkyo stood for reasonable mid-range equipment at reasonable prices.

Onkyo’s fall comes as no surprise either. The company has been in crisis for years. And while they did manage to come up with good products, like the Onkyo TX-8270 stereo receiver, the market was too small to accommodate the smaller brands.

The rescue mission was cancelled

Three years ago, therefore, the hi-fi world was set for a major merger. Sound United, the company behind Denon and Marantz, was in the process of acquiring Onkyo. It could have been a new start for Onkyo (and for Pioneer, whose home audio division had lived a shadowy existence since 2014). But Onkyo got cold feet and called off the merger at the last minute.

The rest is history. And so is Onkyo. Last August, the company had to delist from the stock market. And in March this year, Onkyo’s OEM division, which made equipment for other brands, filed for bankruptcy.

So goodbye, Onkyo! The sad thing is not your passing – but the fact that no one is left to miss you.

164 thoughts on “Onkyo has gone bankrupt”

    1. Bu the way, this is ONLY FOR THE JAPAN DIVISION (Onkyo classic, the one that makes headphones etc).

      Onkyo is and will continue it’s line of AVRs, which is under Voxx media and Sharp. People are going crazy everywhere with their newly purchased AVRs are now paperweights…

    2. I’ve been impressed by the capabilities, the quality, and the price for value of ONKYO. In fact, I recently purchased one of their TX- 8260 units to replace a failing centerpiece of my home system. Am I sorry I bought the 8260? Not a chance! I am saddened to learn of ONKYs passing. I believe that those whose movement to higher priced (and in someways less capable) solutions to their HiFi desires will begin missing this industry giant.

    1. Marvin E Campbellor those

      For those who bought the rz50 receiver like myself whom we contact when we have issues and what about warranty repairs?

    2. My older brother always tried to impress me with the Onkyo hi fi kit that he bought …. and he succeeded. Sad loss.

  1. The last statement in this article isn’t entirely true. Because I for one will definitely miss Onkyo!

    1. Thomas Smith

      I still have a small aiwa amp I use in garage a real trooper for20 years

    2. I’m listening to YouTube on my computer right now with an Aiwa 3-way speaker that is over 30 years old and still going strong.

  2. I don’t agree with the “nobody will miss them statement. They’ve made some quality stuff and anyone that loves music and the things that make it loud for us will miss them.. I’ll keep my Onkyo poweramp coupled with my technics 14 band EQ and digital tuner, and Yamaha pre amp unit and turntable. Godspeed Onkyo, Kudos for helping me piss off my neighbors.

    1. Super Admin

      When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

    2. Baseless statement. I bet Onkyo ISA sold a million units. Onkyo Japan is what you should refer to them as.

    3. You won’t have to miss it. Onkyo, the audio company we know and love is alive and well. Part of Osaka-based Onkyo’s downfall included selling off its A/V division to Premium Audio Company that’s still going strong. Onkyo is now part of a conglomerate, similar to how Marantz is owned by Sound United. SU has been great for Marantz, they’re doing great things. Hopefully PAC will be just as good to Onkyo and it will be slaying ass for many years to come.

      https://www.audioholics.com/news/despite-bankruptcy-onkyo-pioneer-elite-av-drives-on

    1. Dang!
      We have an Onkyo surround theater system since 2010… Amazing units… We will hold on to it and keep enjoying it.
      Sadly see them go, but at these times all companies are struggling.
      (MG)

    2. Ho sempre avuto degli ONKYO…CD…SINTOAMPLI…DVD..
      DAGLI ANNI 80 .. PRODOTTI MOLTO VALIDI…sono dispiaciuto del fatto del fallimento..POTEVANO E DOVEVANO SALVARLO UN MARCHIO DEL GENERE.

    1. Agreed. I read this, like you, some time back and this all seemed to gave been in the bag so, where does this news come from?

    2. From what I understand the merger was stopped when Onkyo backed out. No one actually bought them.

  3. Latheofheaven

    Heh… what a D*ck… Could you possibly have rubbed it in any more frequently that ‘No one will notice’…?

    1. Super Admin

      When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

  4. Latheofheaven

    Moderate my comment all you want, the article although informative, was still rather rude… (if a tree falls… Seriously…, GEEZ…)

    1. Super Admin

      When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

    2. Just bought a new Onkyo receiver two weeks! Had no idea they were almost out of business. The receiver is really good, I love the sound. And has great features for the price point.

    3. Jess Javillonar

      Agree. Plus, he writes” …the FACT that no one will miss you” heck, how do you know???? Did you do a quick count? I’m missing onkyo now together with some folks here. I’m sure many more in the hi-fi universe are feeling the loss and will miss the marquee brand.

    1. Super Admin

      When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

    2. Robert Lotman

      After being disappointed with two consecutive Pioneer Surround sound units, I purchased Onkyo THX home theater units. They performed well and did not blow channels like the Pioneers. I have since moved on to Denon 7.1 but I was very satisfied with Onkyo. I will agree technology passed them by.

  5. I think you are being a bit hash Onkyo was a good brand and I have been buying it for a number of years and never had any problems
    I current own the top of the tree onkyo processor and 2 x 9 channel amps and they sound amazing.
    So sorry see them go but I will always be a fan.
    RIP Onkyo.

    1. Super Admin

      When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

  6. Violinophile

    Older audio salesperson/gurus like myself who spent over twenty years selling Onkyo will still lament their loss, even if long expected. Just as we lament the loss of Kenwood, JVC, Sansui, Advent, Allison, etc. Audio has always suffered from having too many excellent companies for real demand to support, even in the good times. You might say it’s surprising they lasted as long as they did. The desire for these brands was partly a reflection of the huge appetite for popular music in those decades. Most of recent pop music just is nowhere near as central to people’s lives as it was then. It’s just not as compelling for a typical listener, to make the same investment in price or space. People have also been falsely convinced that Bluetooth and speakers the size of a can of beans can deliver sound that used to take half a wall. Unless you get exposed to what we used to have, you can’t know how far things have fallen. Onkyo has had a special position as a brand that gave as good value sonically as anyone in their time. Onkyo Integra, which is their higher tier, would often be rated alongside models costing hundreds more from other producers. I will not be replacing my fine vintage Onkyo gear (pre-amp, cassette deck, CD deck, tuner) until they can’t be fixed reasonably. And no, Sony ES is not a step up from Integra most of the time.

  7. Damit i just brought a Onkyo Av receiver 6 months ago geeze you people dont see quality and sound any more. I swear this will be my last av receiver i brought a sherwood 7 years ago they went bust hard to find parts for clept out receiver, now part of landfill. So thats it i hope my onkyo lasts forever knock on wood. The sound from thin tvs is shite come on dont give no stupid sound bar.

  8. Anyone know where you can get firmware updates on their receivers? I just purchased an Onkyo TX-SR393 Receiver through Best Buy. They assured me I would have no problem getting them through Onkyo. Guess I should have listened to my gut and went with Denon, my second option. 🤔

  9. Onkyo has shaped the home cinema and surround scene until the end. In a market that is constantly losing quality, it is a great pity that an important and innovative competitor is leaving the stage.

  10. Dam I just got a TX-NR6100 so will they never update this thing I have some issues at 1080p 120hz 10bit works fine at 4k 120hz 10bit

  11. Ludwig O'Hallorans

    My main set has a TX-NR787 in 5.1.4 setup, and I still have the TX-NR555 it replaced in my bedroom in 5.1 setup. I will miss it! They were the only one with a decent 9.1 AVR under $1000.

  12. I bought my first Onkyo Stereo Receiver back in 1988! The main reason, it had a universal remote control and I was in search of a replacement receiver as my Technics digital receiver was on the fritz. I also added the tape player, which I still have and use when I play tapes. Since 1988, I have bought Onkyo or Integra home theatre receivers. All performed quite well. I did recently buy a Denon Home Theatre receiver replacing my last Onkyo unit. I am one of those few left who have rack units. I own a full 11 channel home theatre system and a separate dedicated audiophile stereo system. Onkyo was a good brand and if it has fallen, lookout for the survivors, as their fate may find the same path.

  13. My TX 108 is still my go-to receiver for vinyl. Been a workhorse for years. Have a newer Onkyo for home theater, but find the 108 more accurate.

  14. Curious what will be the fate of Integra, Pioneer and Denon? Also of note is how the new and current/latest model $1,500 Onkyo RZ50 multichannel HT receiver is probably the most sought after receiver on the market as it’s sold out and on backorder pretty much everywhere!

  15. Was a home and car audio dealer thru the 80s, 90s and early 2000s, onkyo was a brand I did not sell, but was a good competitor, its sad to see a major brand go out of business no matter who they , especially in these times

  16. Onkyo will be missed. I recently purchased an Onkyo receiver because Onkyo is the only vendor I could find that supports “Works With Sonos” – and that it does. So, unless you enjoy getting up and turning on your receiver and setting the Sonos input and volume each time you select your living room on your Sonos app, you’ll now be limited to Sonos’ own soundbars. I think this is keeping up with the times – Denon does not do.

    1. Sonos is the root of the problem, music demoted to a plastic background speaker that appeals to the “let’s play 30 seconds of each song then flick to the next one ‘ generation I have the misery of having to sell their over priced crap along side quality music equipment for years now.
      .

  17. Fred Weyerman

    I’ll remember the good old days when it was a relative pleasure to work on (I owned repair shops for forty years and did warranty for Onkyo and many others). I fear that in ten years or so I’ll live to see the name used like Fisher (remember the U.S. company in the ’60s?), Bell and Howell or Crosley – on some throw-away pieces of near rubbish with a fancy front panel. RIP Onkyo, who’s next?

  18. True that hifi people won’t miss them. It is the home theater crowd that will. Denon and them pushed each other. It is down to Yamaha and Denon/Marantz. As Yamaha usually are under performing sad times. And yes your article was too harsh.

  19. No body will miss? Was that really necessary? The RZ50 is the best AV reciever ever on it price range. This is really sad. I will miss Onkyo.

  20. I bought my first Onkyo receiver as a young teen in 1979. I’ve been in the consumer audio industry for nearly 40 years and know Onkyo’s history well. This article isn’t wrong per se, but it provides little useful information. Onkyo (and Pioneer, who Onkyo acquired some years ago) was a hugely important OEM, building products in several of their own factories for many other brands. Their struggles and demise are certainly due to changes in consumer preferences, but it wasn’t just Onkyo’s failure to adapt but also the other brands they manufactured for. Recently they were taken over by PAC (VOXX) and Sharp:

    https://www.klipsch.com/news/premium-audio-company-and-sharp-electronics-acquire-onkyos-home-entertainment-corporation

    The real story is behind the scenes – what becomes of their factories? What sort of products will they produce? What is the future of mid-performance audio/video? Chinese manufacturing has killed another giant. Consumers have overwhelmingly accepted new feature-rich but disposable gadgets over higher performing traditional products.

  21. Been an Onkyo fan for decades. Recently updated my receiver in the past 6 months. It’s awesome and has all the latest features. I will truly miss the brand Onkyo.

  22. Allen A Yarbrough

    As a av business owner I will not miss them. I quit selling and installing ther products over 5 years ago do to constent digital chips going bad. I new 5 years ago they would be done soon. Happy with denon and Marantz amps. See ya onkyo…will not be missed at all.

  23. Jim Farrell

    Sorry to hear this. I have never had any Onkyo hifi equipment ( I’m one of the audiophile types mentioned above ) but I have owned several great Onkyo AV receivers which gave me a lot of pleasure, and their budget two-channel amps were always highly regarded.

  24. When looking for stereo equipment they were last on my list, I won’t miss something I never considered buying in the first place

  25. Cedric Thomas

    Main this actually breaks my heart to find this out that Onkyo is broke they maid crazy money but I still love the Onkyo family and they made some amazing products but I had alot of amps technique pioneer fisher none of them pound or sound that’s good as my old Onkyo amp that bad baby had power I loved it and they drove my cerwin Vegas amazing my house stayed pumping that bass out well I will always praise the name Onkyo and I will always keep them alive till the day I die and I will buy me a new old school next week to show my love farewell Onkyo love and never forget about how much the company and name men to me

  26. ONKYO and Pioneer were acquired out of bankruptcy by Voxx international, the parent company of Klipsch. Both brands are alive and well making receivers. You can find them at Costco, Best Buy and amazon.

  27. Anthony Maw

    I sure hope they don’t fall into the trap of selling the rights to the brand-name to some cheap low quality product manufacturers like RCA and Victrola did, among others.

  28. My Onkyo was great and i haven’t gotten back that exact phenomenal setup since 2008.
    I went with a Yamaha AVR because I needed HDMI options and I got it for a good price.
    Took me too long with switching and matching speakers trying to get back to how great my Onkyo sounded.
    Got a Marantz SR6011 and threw out that damn yam, piece of crap it was.
    I was actually looking at a Onkyo for my family room.
    They will sorely be missed…..

  29. Super Duper Admin

    When I say that Onkyo will not be missed, it is not because they made bad equipment. Onkyo made fine midrange hi-fi. But the market has changed, and today there are very few customers left for the kind of hi-fi Okyo made. So there is, sadly, few lefter to care.

  30. I have a low end Onkyo tape player out of their line in the early 90s. It sounds excellent and it still works great! My dad had bought Onkyo components in the early 90s and they, too were what fit the bill at the time. The looks were classic with silver fronts. It’s too bad the author keeps on copy/pasting his quote that nobody will care for ‘Okyo’ under everyone’s comments, while there are still millions who care for Onkyo! We bought the equipment because we cared for the quality, not the naysayers.

  31. Greg Worrel

    The Onkyo brand of AVRs was sold to Voxx after Sound United decided they weren’t interested. The brand is not going away. This article is simply wrong.

  32. I will miss them. Their HT receivers were always a bit on the bright side in terms of sound… They helped bring m y CMMD drivers to life. And they did do high end gear. Under the Integra name.

  33. Hugo C Lara

    The last comment on the article is so truly false through the years onkio has made One of the best hi fi systems.

  34. Strange coincidence that this happened the very same week I replaced my old Onkyo turntable with a Pro-ject.

  35. How about “fewer left to care” ? – I’ll certainly miss ’em, whilst enjoying mine, until they conk out.

  36. Damn this is a hard one to process
    Rip Onkyo I will keep your receiver with me as homage to you 🙏

  37. “So goodbye, Onkyo! The sad thing is not your passing – but the fact that no one will miss you“

    Could not have disagreed on that comment. Did make products that will be remembered along time. Have a receiver still, 12 years after purchasing it. Perfect balanced sound!
    Have not found anything to replace it that has that kind of sound. Or have UI I could consider.

  38. Whilst Onkyo might not have been known for hi-fi in recent years, they were a powerful force in the home theatre sector with their AVR’s. They competed well in terms of tech, performance and price with the likes of Yamaha and Denon. At one time (fairly recently) Denon AVR’s were highly reviewed. They will be missed. Still going strong in my system anyhow.

  39. I will always remember Onkyo….as I sit listening to my Integra M-504 amplifier… Quality low distortion clean power

  40. Don Nielsen

    Mid-range?? I always thought of it has higher end equipment, above Pioneer (my favorite), Sony, & Marantz.

    Sorry for our loss

  41. What is the kind of HiFi that Onkyo made that there’s no market for?

    Sony, Yamaha, Denon and Marantz all make $500-$750 receivers.

    Onkyo killed it in the bang for the buck department.

  42. You are you people cracking on the author of this article guys right I’m sure you never kept up with the time the last few Aunt few products I had kind of fell apart North tucana turn into jump add some good stuff no doubt just like Kodak mr. Mote they didn’t see coming back you never kept up with the time and all you people criticizing him for writing the article like that what did you do to help on cute did you drive by Onkyo you look at them I bet every one of you don’t even have any Onkyo

  43. I’m sure Onkyo will rise again from China like other known brands did. Or else its name will be used like it happened with Blaupunkt. But it definitely will come back.

  44. Sorry about the voice to text all I was saying is I had Punk your products they were pretty good but a lot of them broke for no reason and their quality was going down they didn’t keep up with things and wake up I don’t think he was being Brash with Onkyo and how many temperature gone out of business in the last couple of years just like Kodak you remember them the film company on digital came in they missed the boat on that what’s Kodak doing these days nothing soundtrack on a Mannix and like I said how many you actually went out and bought an occupied Onkyo recently to help them app I I’ll bet none of you

  45. Been an audio customer since my employment with Circuit City in the 90’s. Just purchased one of high end receivers a few months ago. So sad that this world we live in now cannot support this company. ONKYO WILL BE MISSED BY THIS CUSTOMER!!!!

  46. Daniel Hernandez

    This sucks, I was looking into renew my receiver this year, I have 3 onkyo receivers, and Onkyo was at tht top of my list. I surely will miss them.

  47. So sad….
    I hope my Rz840 lasts until onkyo rebirths….. Or at least enough time to save some money to buy another more expensive brand..
    Thank you!

  48. Hedley Lamarr

    I have had an Onkyo receiver powering my stereo, television, and DVD player for the last 25 years. It goes on and on and on, even if the manufacturer doesn’t. Sad day.

  49. You were harsh with the whole article. Almost could hear some hate with your words. But it’s pointless since it’s just an auto response to everybody anyway. I like Onkyo and sad to see that it’s gone.

  50. I just set up my Onkyo receiver because nothing Yamaha or NAD was working right or had what I needed. Thank you Onkyo!

  51. Raise your hand if you worked in Audio at Circuit City way back when and you sold the he!! out of Onkyo.

    I loved their equipment, especially the M504 2-channel beast and their THX receivers.

    Man, this is sad.

  52. Robert Philippe

    My Onkyo 7.2 receiver is the best surround receiver I’ve had and I will keep it as long as myself last .So sad ,I will miss you Onkyo ,Thank You for the great sound I’m still enjoying.🙏🥰

  53. Things must have been tough for them, in the COVID period many AV companies did very well as consumers spent in home entertainment. Possibly they didn’t have a clear picture of today’s target 🎯 in business. Not easy with so many new options in digital audio.. where a device of one or two years old is simply outdated

  54. I have a 19 year old Onkyo receiver still going strong and still getting use. They still made great products right up until the end. And yes I will echo other comments and say that your tone is rather harsh and rude, but I’m guessing you know that and that was in fact the intention.

  55. Johnnycash21

    When you clarify why you say “they won’t be missed”……..ummm…….WRONG. For those that have and still do take notice of–and buy–mid level hifi that often punches above it’s price point, which I would wager is a much larger share of the marketplace than the high end market, they will be missed.

  56. If you are going to reply with the same excuse to all critical posts you should at least proof read it.

  57. The last statement is ignorant and disrespectful in my opinion. They made quality products and not many companies can say they have a history of almost 80 years.

  58. Defenitely i will miss Onkyo. I will keep on using my reciever/amplifier even if the company is gone. The sound is truly amazing. I bought them piece by piece bcoz of my financial limitation. Anyway, replacement parts can be bought locally so i will be able ro fix it should there be a problem.

  59. John, what a poorly researched article.

    Had you bothered to look past a note of 2 subsidiary companies (their OEM car-audio components business and their digital life company – small bluetooth portable stuff) filing for bankruptcy, you would have noted that Premium Audio Company (part of Voxx Intl., owners of Klipsch) and Sharp purchased Onkyo’s AV business last year – they now own Onkyo, Integra and Pioneer/Elite (except for China, which is licensed elsewhere) amongst many others.

    The Onkyo parent company still exists, and will continue to trade in a few areas, but mostly just taking a percentage off sales from PAC/Sharp’s new AVR business.

    The takeaway? Onkyo, Integra and Pioneer AVRs and Amps are all back in production in Malaysia, the design team from OHEC came over to PAC, and PAC are investing tonnes of money into the business.

    Onkyo is alive and well, just not as it was before.

  60. Onkyo TX-SR705 owner here. Bought it just before Circuit City in Batavia Illinois closed for good. I still use it to play old THX DVDs and newer Dolby and DTS blu-ray discs. Occasionally my kids will play video games through it. Nakamichi RX202 is still wired to it though i rarely listen to cassettes anymore. CDs still sound fantastic too. I hope it lasts a few more years until I retire and get a dream rig in a dedicated entertainment room. I am still glad I grabbed this as it was the last unit in stock. Never a single problem and no heat issues like other brands at the time. Gonna miss Onkyo…

  61. Onkyo was for 40 years the only product I would buy until I purchased my last two Onkyo Atmos receivers that lasted less than six months. Both had HDMI switching problems and one lost all sound. Both were connected to Klipsch speakers. I for the first time purchased a Yamaha Atmos receiver that I have had now since January 21 and I have had no issues of any kind. I will miss the brand Onkyo however but the quality has dropped.

  62. I will miss ONKYO, I still own an Aiwa AM FM tuner, that still works great to this day..I owned an ONKYO TUNER with Bose AM5 speakers that sounded amazing together. So yes, I for one will miss ONKYO plenty…

  63. I never knew how great Onkyo is until i bought a second hand TX-SR703 receiver, built around 2005. I know that Onkyo is not Mcintosh, but they are far better than most of the other commonly known brands. I believe they are equal to Denon, and easier to learn how to use than Denon or Yamaha. I now have 12 Onkyo surround receivers. All from the early to mid 2000’s, and only one is low enough in a product line to have a plastic face. It seems they held out longer with aluminum faces on their receivers than all other brands. So long Onkyo.

  64. Many will miss the great sound of a solid reliable Onkyo amp. Mine is brilliant and better than many others more expensive, my cd player is also doing a brilliant job playing through my monitor audio speakers. The writer obviously knows very little about hifi.

  65. Sold my Onkyo and would not have gone back, very happy with my Denon AVR-X6700H 11.2, it’s outstanding.

  66. Aiwa was owned by Sony. Sony did not allow Aiwa to market any device that could compete with a comparable Sony device at the similar price.

  67. Jeff Freeman

    Onkyo will definitely be missed. Their receivers were selling very well at Best Buy. The industry just needs to promote better and offer full stereo systems as a choice. I believe rack systems, updated with bluetooth capabilities to appeal to current consumers, could definitely sell well. Turntables and records have made a comeback. I have a newer Denon in my system and an old 90’s Technics I retired long ago. Hope they and other companies don’t also go out of the receiver business.

  68. Martin Thorne

    Sad to see the loss of another hi-fi manufacturer.

    I have an Onkyo TX-SR605 AV Receiver, which I bought on Ebay a few years ago in order to upgrade my Home Cinema system. I hope I will still be able to get spare parts for it should it become necessary.

  69. Owned Onkyo 25 years ago. Was crap. Purchased a new system 2 years ago and is still crap. Goodbye and good riddance.

  70. Stewart Homer

    Its a shame that this very good brand of hifi has gone i own a TXNR 709 reciver and it is still going strong you nay be gone ONKYO but not forgotton .

  71. Armed with Live at Leeds, my TX-26 purchased new in 1985 continues to contribute to my tinnitus. Thank you for everything Onkyo.

  72. I will sorely miss Onkyo. I failed to understand how when streaming/downloading became preferred methods of listening to music, the virtue of dynamic audio quality seemed discarded like old CDs. Onkyo made quality gear at a reasonable price, including more recently, tuners that could drive digital formats through real speakers, and consumers should miss this venerable company. RIP indeed.

  73. Subhash Vadlamani

    This is a terrible news. Onkyo is know for its quality products and one of the first to integrate Dolby DTS and THX in its home theater system. Miss you Onkyo.

  74. This is so very sad. Solid, reliable equipment that you didn’t need to think twice about.

  75. Back in the mid 90s I was looking for a surround sound system. I had it narrowed down to an Onkyo 60W and a Pioneer 300W. Let me tell you that Onkyo blew the Pioneer away. Turns out the Onkyo had tubes and the Pioneer was all electric. Needless to say I bought the Onkyo and still use it today!

  76. I have an Onkyo preamp hooked up with Adcom 6000 Power Amp. It still sounds very good after twenty five years. It is sad to see it goes away.

  77. I do not feel sad, Because Onkyo tree has fallen but roots are in the ground, one day or other it will come back to audio platform, for ex like Nokia.

  78. Bose and Onkyo combined always my prepared brand since the 80’s:stereo to home theater (3-amplifier/receiver), sad to hear..

  79. Onkyo made quality audio equipment but they made a strategic mistake of pulling back from the AV receiver market which they dominated.

  80. sad to see this happen to many older brands of items. i blame management for most of the ills companies have.

  81. After saving for some time I was able to but model TX-NR676. So happy with it….till one day my Xbox didn’t worked… moved it to a different HDMI and came back to life. Now 4 of my HDMI ports are dead and I am angry. It seems they knew they had a problem with the ports and they continued selling garbage. I am sad ONKYO is gone but they caused their own demise.

  82. Huh… as an A/V child of the 80s, I always viewed Onkyo as a more premium brand than Sony. It just appeared to be more boutique and high end, compared to Sony. But I guess the opposite is true, Sony is the more upscale brand, and Onkyo is a more budget minded brand. Shows you how much a child knows. Either way, during the late 80s and early 90s, Onkyo was putting out some real quality products.

  83. I for one will miss Onkyo very much. I need to get another receiver now as after quite a few years my TX-NR801 is too old to work with newer devices. That receiver has provided wonderful sound for many years. I remember way back in the day when record LP’s were still a thing. I saw an Onkyo record player that you could tilt at an extreme angle while a record was playing and it didn’t skip at all or slide off the record.

  84. Jaques Tone

    I’m still enjoying the Onkyo TX-85 I bought in 1984. Maybe if I had bought their $3k AV unit I’ve been drooling over for years they might still be in business..?

  85. DeusExMachina

    John Hvidlykke would do well to at least try to know what he’s talking about before writing articles. At the very lest to understand what bankruptcy means.
    2023 and Onkyo still very much alive and kicking.

  86. Radford Hall

    We bought an Onkyo sound bar & sub around 8 years ago.
    We’d never heard of the brand but the guy in the shop demo’d it against our then 1st choice of LG & there was no comparison.
    It was a brilliant product & still is.
    It’s a shame they’ve gone but the more popular big boys of today now manufacture pretty much everything & good brands like Onyko just get squeezed & priced out.

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