The Launch of New Japanese Banknotes: A Blend of Innovation, Security, and Cultural Heritage

Joel Fukuzawa
3 min read4 days ago

On the cusp of a significant milestone, Japan is set to release its newly designed banknotes, featuring denominations of 10,000 yen, 5,000 yen, and 1,000 yen. This release signifies not only a leap in design but also advancements in anti-counterfeiting technologies, economic strategies, and societal values.

Honoring Historical Figures

Eichi Shibusawa: The Father of Japanese Capitalism
Eichi Shibusawa, celebrated as the father of Japanese capitalism, will feature on the 10,000 yen note. His involvement in establishing and managing approximately 500 enterprises, including the renowned Dai-Ichi Kangyo Bank (now Mizuho Bank) and Tokyo Gas, underscores his pivotal role in Japan’s financial development. His portrait on the banknote is a tribute to his contributions to Japan’s economic infrastructure and his philosophy of integrating entrepreneurship with ethical principles. His famous saying, “If deceptive practices proliferate in business, national security cannot be ensured,” resonates as a cautionary note to modern Japanese corporate governance.

Umeko Tsuda: A Pioneer in Women’s Education
The 5,000 yen note will feature Umeko Tsuda, Japan’s first female overseas student who traveled to the United…

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Joel Fukuzawa

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