Zentoshin goes bankrupt and has debts of 125.9 billion yen, the largest this year, feared to affect Sanjusan FG by 2.7 billion yen

Roughly speaking Sanjusan FG announced that it would be difficult to collect approximately 2.7 billion yen due to the bankruptcy of its payment agency Zentoshin. Zentoshin operates a card payment agency for restaurants and has total debt of approximately 125.9 billion yen. Business performance worsened due to the coronavirus pandemic, making it difficult to continue business, resulting in one of the largest bankruptcies of the year. Read article