Japan to Redesign Banknotes for First Time in 20 Years

Politics Society

Tokyo, April 9 (Jiji Press)--The Japanese government will redesign the 10,000-yen, 5,000-yen and 1,000-yen bills, three of the four banknotes in the country, for the first time in two decades, Finance Minister Taro Aso announced Tuesday.

The new 10,000-yen bill will have a portrait of Eiichi Shibusawa, who made substantial contributions to the development of capitalism in Japan, while Umeko Tsuda, a famed educator and the founder of the predecessor of Tsuda University, a women's university, will be featured on the new 5,000-yen bill.

On the new 1,000-yen bill will be a portrait of Shibasaburo Kitasato, known as the father of Japan's modern medical science.

All three figures made great contributions to the country in the late 19th and early 20th centuries.

The government plans to start circulating the redesigned banknotes in the first half of the fiscal year that starts in April 2024.

[Copyright The Jiji Press, Ltd.]

Jiji Press