Japan has unveiled its new banknotes for the first time in twenty years, featuring 3D holograms to combat counterfeiting. Prime Minister Fumio Kishida stated that the redesigned 10,000 yen, 5,000 yen, and 1,000 yen bills were created to honor Japanese capitalism, women’s equality, and scientific innovation.
The holograms on the bills depict historical figures such as Eiichi Shibusawa, Umeko Tsuda, and Shibasaburo Kitasato. Each figure represents a different aspect of Japan’s history and contribution to society. The 10,000 yen bill showcases Eiichi Shibusawa, known for his role in modernizing Japan’s economy during the Meiji era. The 5,000 yen bill features Umeko Tsuda, a trailblazer in women’s education who founded the precursor to Tsuda University in Tokyo. The 1,000 yen note portrays Shibasaburo Kitasato, a bacteriologist known for his work in preventing diseases like tetanus and diphtheria.
Despite the increasing popularity of digital payments, Japan continues to place importance on cash. Bank of Japan Governor Kazuo Ueda emphasized the security and accessibility of cash, stating that it will remain a significant form of payment. The government plans to print approximately 7.5 billion new banknotes by March of the following year while existing bills will remain valid for use.
The redesigned banknotes aim to celebrate Japan’s rich history