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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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.
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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.
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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.