He will be replaced by Toro Rosso incumbent Carlos Sainz Jr for the remainder of the season.
"Competing in these last four races with Renault gives me a good opportunity to get to know the team and the vehicle earlier than expected", said Sainz.
Minutes after Jolyon Palmer announced via Instagram he would be leaving Renault after this weekend's Japanese Grand Prix, the French marque issued a statement confirming Sainz from the Austin race until the end of the season.
Asked when the news would sink in, he replied: "I don't know, I focused on the race on the plane back home it'll probably sink in that I'm not with Renault and maybe not F1 again". "We look forward to beating him on track!" Meanwhile, the return of Kvyat to Toro Rosso will make the Russian the senior member of the team.
Regarding his race through the field, Palmer stated; "From 18th on the grid, I think finishing 12th is about as good as we could of done, apart from if we didn't have the VSC at the end [deployed for Lance Stroll's stricken Williams] and had one more lap".
"They did an unbelievable job and congratulations for that, it shows the commitment they have, and I really appreciate it".
Renault Sport has seen great performance throughout the 2017 season from their lead driver Nico Hulkenberg.
The Englishman is set to start 18th at Suzuka, one place ahead of Sainz, after both received a 20-place grid penalty for engine component changes.
While his auto has been riddled with reliability issues, he has also made several costly driver errors and he has recorded just one points finish, at the Singapore GP.
The Frenchman had been racing in the category this year and is half a point adrift of the championship leader but the final round clashes with the US GP.
But it was also the first official retirement at Suzuka for three years - stretching back to Jules Bianchi's tragic fatal accident in the wet during the 2014 race.