Complex sentence: In Japan, "Takara-Tomy" continues to use the former Tomy and Takara names as distinct brand names on toy lines which originated in each company, but most new toy lines or stand-alone products 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. Although, most new toy ranges or stand-alone products now carry the new Takara-Tomy brand.