Pentax - ILC's; Ricoh - compacts

Haven't managed to track down the original article, but it's reported on the other Forum that Pentax Ricoh have announced they are re-positioning the brands so that 'Pentax' will only appear on ILC's and 'Ricoh' on compacts.

The quote, (from the Asahi Shimbun newspaper, courtesy of Google translate), is as follows;

"Noboru Akabane president of Pentax Imaging Ricoh, has announced plans to abolish the future of Pentax compact digital camera, SLR digital camera to focus on. Hopes to bring back the fans with high-performance line. SLR is a Pentax compact is under consideration in the direction of a unified brand of Ricoh."

Wonder where the Ricoh GXR will end up? Should be Pentax.

Very bad move especially when Canon and Nikon still make
compacts.