Yamaguchi Financial Group, Inc.

Yamaguchi Financial Group, Inc. provides banking products and services in Japan through its subsidiaries. Its operations include securities brokerage, credit cards, leasing, regional research and consulting, insurance agency, debt management and collection, investment and fund management, employee benefits agency, and credit guarantees. The company is also involved in agriculture and crowdfunding, as well as wholesale and retail of agricultural, forestry, and fishery products. Incorporated in 2006, it is headquartered in Shimonoseki, Japan.

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Zentoshin has 63 financial creditors, total liabilities of 115.1 billion yen

Zentoshin, a credit card payment processing service that has begun bankruptcy proceedings, has 63 financial creditors, with total liabilities reaching 115.1 billion yen. This was revealed by a Tokyo Shoko Research investigation. The largest creditor is Kinki Sangyo Credit Union, at 21.9 billion yen. Next are Tokyo Star Bank and Towa Bank, each at 8 billion yen, followed by Yamaguchi Bank, a unit of Yamaguchi Financial Group, at 7.4 billion yen. Zentoshin is suspected of having engaged in window-dressing its financial statements for at least 20 years, allegedly fabricating deposits to conceal deteriorating performance.

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