Osaka travel agency goes bankrupt up to June 30th 18:57 due to new Corona-related bankruptcy
The travel agency "White Bear Family" in Osaka has lost its sales due to the effect of the new coronavirus and has run into a stalemate. The total debt, including the holding company, is more than 35 billion yen, which is the largest amount of bankruptcy related to the new coronavirus.
"White Bear Family", a travel agency headquartered in Osaka City, was established in 1981.
As a medium-sized travel agency in the Kansai region, we planned a tour using the Internet under the brand of "Shirokuma Tour" for domestic travel, expanded our business, and recently aggressively launched a service for foreign tourists.
However, due to the impact of the new coronavirus, travel demand fell, and sales fell sharply, which caused management to stall and applied for the Civil Rehabilitation Law to the Osaka District Court on the 30th.
On the same day, the total debt will be more than 35 billion yen with the holding company that went bankrupt, and according to the credit research company "Tokyo Shoko Research", it will be the largest bankruptcy related to corona.
The company has signed a basic agreement regarding sponsorship with "Hoshino Resorts", which operates luxury inns throughout Japan, and will continue to support the business reconstruction while continuing its business.