Japan Releases First New Banknotes in Two Decades | Business and Economy

Japan recently introduced new banknotes for the first time in twenty years, featuring 3D holograms to prevent counterfeiting. These redesigned bills pay tribute to various aspects of Japanese society, including capitalism, women’s equality, and scientific innovation. Prime Minister Fumio Kishida expressed hope that the new bills would stimulate the Japanese economy.

In 2019, the government unveiled the redesigned bills, which showcase key figures in Japan’s economic modernization, women’s education, and scientific innovation. The 10,000 yen note features Eiichi Shibusawa, a key figure in Japan’s economic modernization. The 5,000 yen bill honors Umeko Tsuda, a pioneer in women’s education. The 1,000 yen note features Shibasaburo Kitasato, a renowned bacteriologist. These holographic images can change orientation depending on the viewing angle, setting a new standard in anti-counterfeiting measures.

Despite the rise of digital payments

By Aiden Johnson

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