UNIZO rehabilitation plan approved by court to sell domestic business and repay creditors. In April 2023, UNIZO Holdings applied for application of the Civil Rehabilitation Law to the court with debts of over 120 billion yen.
In December 2023,. it plans to sell its domestic hotel business and office business. In addition to filing a lawsuit seeking compensation for damages from four members of the former management team, including the former president, the company claimed that it paid a total of over 900 million yen to the four in consulting fees and retirement benefits for executives.