Complex sentence: Micronauts was the North American name for the original Microman toy line created by Japanese toy company Takara (now part of TOMY) and first released in Japan in 1974 and continues to this day.
Split into simpler sentences: Micronauts was the North American name for the original Microman toy line created by Japanese toy company Takara (now part of TOMY). It was first released in Japan in 1974 and continues to this day.