Renowned individual Naoki Ikegaya is currently addressing his debt problem by selling Takoyaki, a popular Japanese street food. Despite his financial hardships, Ikegaya has found a creative solution in traditional Japanese cuisine. His effort is both a testament to his character and has also engendered widespread support, turning him into an accidental yet iconic figure in the local community.

In Japan, personal debt is a serious issue, often viewed in a negative social light. However, Naoki's honest approach to dealing with his debts has been greatly appreciated by the public, showcasing the value of hard work and resilience. The popularity of street food, specifically Takoyaki, highlights the cultural significance of traditional Japanese cuisine, even in financial matters.

In the US or EU, personal bankruptcy or debt management plans are usual options. However, Naoki's approach to handling debt using a personal venture is a unique and relatively common occurrence in Japan, showing a more entrepreneurial way to address financial issues not as prominent in Western cultures.