Can lending companies legally discriminate against non-Japanese?
former Asahi Bank headquarters The Tokyo District Court has determined that in the case of financial loans and extension of credit, yes, they can. In the case "Steve Herman v. Asahi Bank", the judge ruled that it was "reasonable" for a money lending institution to deny a loan to a foreigner, because they have right of abode in another country and could thus leave Japan easily, and foreign laws and jurisdiction might make it difficult if not impossible for a Japan-based bank to collect. Steven Herman in Japan In the year 2000, Steve Herman had lived in Japan for over ten (10) years and was forty (40) years old. He was president of the FCCJ for one year (1997~1998) and worked at TV Tokyo at the time . While it was not disclosed exactly, he hinted ("an income triple that of the average salary-man") that he had a much higher than average stable income — estimated by others to be in excess of ¥15,000,000/year. An American citizen, he did not have perm...