Creditors seek $709 million after Zentoshin collapse

Sixty-three creditors are pursuing claims totaling ¥115.16 billion following the collapse of Osaka-based payments firm Zentoshin.

The financial failure has left lenders seeking a total of $709 million.

Zentoshin, a payments company based in Osaka, collapsed recently according to reports published on July 9, 2026.

Creditors include 63 parties with verified claims amounting to ¥115.16 billion.

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Seoul court terminating Homeplus rehabilitation process illustration
صورة مولدة بواسطة الذكاء الاصطناعي

Seoul court terminates Homeplus rehabilitation process

من إعداد الذكاء الاصطناعي صورة مولدة بواسطة الذكاء الاصطناعي

The Seoul Bankruptcy Court decided Friday to end rehabilitation proceedings for Homeplus after the retailer failed to secure needed funds.

Zentoshin, an Osaka-based credit card payment processor, filed for bankruptcy on Monday. The filing affects banks and restaurants that rely on its services.

من إعداد الذكاء الاصطناعي

Zentoshin, an Osaka-based credit card payment processor, has received approval to begin bankruptcy proceedings.

Japanese companies issued ¥1 trillion worth of convertible bonds in the first half of the year, the highest amount since 2004.

من إعداد الذكاء الاصطناعي

Kawasaki Heavy plans to raise ¥200 billion by issuing new shares and convertible bonds. The company will decide on the details of the issuance as soon as this week.

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