Approximately 5.3 billion yen in lost sales due to Zentoshin's bankruptcy, decided to pay in full to member stores

Due to the bankruptcy of Zentoshin (Osaka City), a credit card payment agency, the approximately 5.3 billion yen that had become ``disappeared sales'' for member stores such as restaurants will now be paid in full. Franchisees expressed relief, as it seemed unlikely that they would be able to recover the money. On the other hand, the question remains as to what Zentoshin spent the money on and what led to its bankruptcy. There is also no prospect of repayment of loans from financial institutions.

"What? That's good news."

On the 25th, a man who runs a Chinese restaurant in Kitashinchi, Osaka's leading entertainment district, was relieved to hear the news of the full repayment. Including a nearby sister store, about 700,000 yen was unpaid, but the company had "gone 100 percent" to collect the money.

In an attempt to make up for some of the losses, they started serving lunch. That's how much the company was forced into after Zentoshin went bankrupt in July. "For me, this year's buzzword is 'Zentoshin.' It's because I've been swayed so much."

A woman who runs a lounge in Kitashinchi also said she was left with about 400,000 yen unpaid due to Zentoshin's bankruptcy, and had to withdraw her time deposits to make ends meet. Some surrounding stores have been closed since July. "I'm glad the response was sincere. I think all the business owners around here are relieved."

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