In a shocking revelation, Masahiro Nakai, the leader of the popular Japanese group SMAP and a beloved national entertainer, is reportedly facing bankruptcy with debts exceeding 10 billion yen (approximately $100 million). Sources indicate that Nakai’s financial troubles stem from disastrous investments made over the past few years, particularly in real estate and overseas casino ventures following SMAP’s dissolution in 2016.
Despite his ongoing television work, Nakai’s earnings have plummeted due to the pandemic’s impact on the entertainment industry, leading to sponsor withdrawals from shows he appeared in. His relationship with former bandmate Takuya Kimura has deteriorated, with no support offered amidst Nakai’s crises.
As creditors, including illegal loan sharks, close in, Nakai’s mental health is reportedly suffering. Meanwhile, television networks are reconsidering contracts with him, fearing reputational damage. Amidst this turmoil, former SMAP members Goro Inagaki, Tsuyoshi Kusanagi, and Shingo Katori are reportedly considering extending help to Nakai, highlighting the deepening crisis within Japan’s entertainment sector.