Complex sentence: In Japan, "Takara-Tomy" continues to use both Tomy and Takara as distinct brand names on toy ranges which originated in each separate company, and most new toy ranges or stand-alone products now carry the new Takara-Tomy brand.
Split into simpler sentences: In Japan, "Takara-Tomy" continues to use the former Tomy and Takara names as distinct brand names on toy ranges which originated in each separate company. Most new toy ranges or stand-alone products now carry the new Takara-Tomy brand.