Will Japanese animation decline after the collapse of old Japanese animation companies?

Longzi Animation Company is a super-old company in Japan, which closed down in 2000. Up to now, the animation industry is still not good? A company cannot influence the rise and fall of an industry.

Of course, the Japanese animation industry is indeed going downhill recently. However, this year 1 month, all kinds of old works and new works continue to flourish, and generate seems to have a thriving trend again. It may be a flash in the pan, I don't know.