Takefuji Fails in Japan’s Biggest Consumer-Lender Bankruptcy

Takefuji Fails in Japan’s Biggest Consumer-Lender Bankruptcy

Tomohiro Ohsumi/Bloomberg

Junichi Yoshida, newly appointed president of Takefuji Corp., pauses during a news conference in Tokyo. Takefuji Corp. filed for bankruptcy protection, becoming Japan’s biggest casualty of a four-year crackdown on coercive lending to consumers.