Japan to issue new banknotes in July 2024
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Japan will issue new banknotes as early as July next year in their first renewal since 2004. Newly-designed banknotes will circulate from July 2024, The Yomiuri Shimbun has learned. The Finance Ministry announced in 2019 that new ¥10,000, ¥5,000 and ¥1,000 notes would change sometime between April and September 2024.
The face of Eiichi Shibusawa, known as "the father of Japanese capitalism," will be on the new 10,000 yen bill; the new 5,000 yen note will carry Umeko Tsuda, an educator who pioneered women's higher education, while the new 1,000 yen note will feature microbiologist Shibasaburo Kitasato, who developed a serum therapy for tetanus.
The reverse of the three banknotes will adopt images of the Tokyo Station building, wisteria and a work on Mt Fuji by ukiyo-e artist Katsushika Hokusai, respectively. The new banknotes include anti-forgery technology that is being used for the first time in the world.
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