Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • October 2008 (Revised September 2009)
  • Case
  • HBS Case Collection

Consumer Lending in Japan: Citi CFJ (A)

By: J. Gunnar Trumbull and Akiko Kanno
  • Format:Print
  • | Pages:20
ShareBar

Abstract

Despite a tradition of high household savings, Japan has supported a dynamic and technically sophisticated consumer-lending sector. The high profitability of the sector has periodically attracted interest from domestic banks as well as international investors. Most recently, in 1998 and 2000 respectively, GE Capital and Citi Financial both acquired Japanese consumer-lending companies. In 2006, when the Japanese Supreme Court rules that one of the big Japanese consumer lenders must repay a borrower for "excess interest payments," the U.S. firms must decide how to respond.

Keywords

Mergers and Acquisitions; Financing and Loans; Foreign Direct Investment; Personal Finance; Courts and Trials; Business and Government Relations; Banking Industry; Japan

Citation

Trumbull, J. Gunnar, and Akiko Kanno. "Consumer Lending in Japan: Citi CFJ (A)." Harvard Business School Case 709-017, October 2008. (Revised September 2009.)
  • Educators
  • Purchase

About The Author

Gunnar Trumbull

Business, Government and the International Economy
→More Publications

More from the Authors

    • June 2023
    • Faculty Research

    Oriental Land Co., Ltd. — Tokyo Disney Resort

    By: Ramon Casadesus-Masanell and Akiko Kanno
    • May 2023
    • Faculty Research

    Note on Corporate and Government Reskilling Efforts in Japan

    By: Christopher Stanton and Akiko Kanno
    • February 2023
    • Faculty Research

    Germany, Europe, and Green Industrial Revolution

    By: Gunnar Trumbull and Jonathan Schlefer
More from the Authors
  • Oriental Land Co., Ltd. — Tokyo Disney Resort By: Ramon Casadesus-Masanell and Akiko Kanno
  • Note on Corporate and Government Reskilling Efforts in Japan By: Christopher Stanton and Akiko Kanno
  • Germany, Europe, and Green Industrial Revolution By: Gunnar Trumbull and Jonathan Schlefer
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College