Kanzen Henkei
When the real robot craze hit in the early 1980s Takatoku adapted by changing the style of their toys. The turning point came in 1982 when they produced toys for Macross (1982–83) with the focus on the transforming VF-1 Valkyrie. Designed by Shoji Kawamori, the Valkyrie was a very complex design at the time and a transforming toy seemed unlikely. Up to this point transforming toys were usually rather crude and tended to focus purely on one mode at the expense of the other(s). A "vehicle mode" might simply be the robot flat on its belly with wheels or wings on the sides.
Working with Kawamori, Takatoku was able to design a transforming 1/55 scale toy of the Valkyrie which was dubbed kanzen henkei ("perfectly transforming"). While not exactly a perfect rendition of the Valkyrie it was still (for a toy) very accurate and could transform to all 3 modes. Thanks to good marketing the KH toy became a big hit and sold well over a million units. It now appears crude next to modern designs but is still widely regarded as a masterpiece by collectors.
Even so, sales generated by the Macross line was not enough to sustain the company when subsequent shows made in 1983-84 were not as successful including Sasuraiger and the Macross "sibling" Orguss. There was some hope with the movie version of Macross but Takatoku went under in early 1984 before it came out. Takatoku's last toys were for the unsuccessful Dorvack TV-series.
Read more about this topic: Takatoku Toys