Banknotes of the Japanese yen

A series D 1000 yen note, featuring the portrait of Natsume Sōseki. It has been replaced by the series E 1000 yen note since November 1, 2004.

The banknotes of the Japanese yen are part of the physical form of Japan's currency. The issuance of the yen banknotes began in 1872, two years after the currency was introduced. Throughout its history, the denominations have ranged from 0.05 yen to 10,000 yen.

Before World War II

In 1869, the Ministry of Finance introduced notes in denominations between 10 sen and 100 yen. "Imperial Japanese Paper Currency" followed in 1873 in denominations of 1 yen up to 20 yen. "Imperial Japanese Paper Money" was issued between 1881 and 1883 in denominations between 20 sen and 10 yen.

In 1877 and 1878, the Imperial Japanese National Bank issued 1 and 5 yen notes. In 1885, the Bank of Japan began issuing notes, in denominations of 1, 5, 10 and 100 yen. 20 yen notes were added in 1917, followed by 200 yen in 1927 and 1000 yen in 1945. [1]

Between 1917 and 1922, the government issued 10, 20 and 50 sen notes. 50 sen notes were reintroduced in 1938. In 1944, 5 and 10 sen notes were introduced by the Bank of Japan.

Allied forces notes

The Allies issued notes in denominations of 10 and 50 sen, 1, 5, 10, 20, 100 and 1000 yen between 1945 and 1951, during which time the Bank of Japan also issued notes. Banknotes below 1 yen became invalid on December 31, 1953 under the Small Currency Disposition and Fractional Rounding in Payments Act.

Australia actually made notes for the occupation as well and those can be seen at the Australian Reserve Bank website [2]

Post occupation

By the early 1950s, notes below 50 yen had been replaced by coins, followed by those for 50 and 100 yen in the late 1950s. In 1957 and 1958, 5000 and 10,000 yen notes were introduced. The 500 yen notes were replaced after 1982, while 2000 yen notes were introduced in 2000.

1946-48

Series A (1946–48)
ImageValueDimensionsDescriptionDate of
ObverseReverseObverseReverseIssueIssue suspensionExpiration
¥0.0594 × 48 mmPrunus mume blossomsGeometric patternsMay 25, 1948December 31, 1953June 30, 1954
¥0.1100 × 52 mmPigeonsThe Diet buildingSeptember 5, 1947
¥1124 × 68 mmNinomiya SontokuGeometric patternsMarch 19, 1946October 1, 1958Valid
¥5132 × 68 mmGeometric patternsMarch 5, 1946April 1, 1955
¥10140 × 76 mmThe Diet buildingFebruary 25, 1946
¥100162 × 93 mmPrince Shōtoku, "Yumedono" (A hall associated with Prince Shōtoku in Hōryū-ji Temple)Hōryū-ji TempleFebruary 25, 1946July 5, 1956
For table standards, see the banknote specification table.

1950-53

Series B (1950–53) [3]
ImageValueDimensionsMain ColorDescriptionDate of
ObverseReverseObverseReverseIssueIssue suspension
¥50144 × 68 mmOrangeTakahashi KorekiyoThe headquarters of the Bank of JapanDecember 1, 1951October 1, 1958
¥100148 × 76 mmBrown-orangeItagaki TaisukeThe Diet buildingDecember 1, 1953August 1, 1974
¥500156 × 76 mmDark blueIwakura TomomiMt. FujiApril 2, 1951January 4, 1971
¥1000164 × 76 mmGreyPrince Shōtoku"Yumedono"January 7, 1950January 4, 1965
For table standards, see the banknote specification table.

The series B introduced a new high value banknote ¥1000.

1957-69

Series C (1957–69) [3]
ImageValueDimensionsMain ColorDescriptionDate of
ObverseReverseObverseReverseIssueIssue suspension
¥500159 × 72 mmBlueIwakura TomomiMt. FujiNovember 1, 1969April 1, 1994
¥1000164 × 76 mmYellow-greenItō HirobumiThe headquarters of the Bank of JapanNovember 1, 1963January 4, 1986
¥5000169 × 80 mmGreen-brownPrince ShōtokuThe headquarters of the Bank of JapanOctober 1, 1957January 4, 1986
¥10,000174 × 84 mmBrown-greenPrince ShōtokuA pillar painting of Hōō in Byōdō-in TempleDecember 1, 1958January 4, 1986
For table standards, see the banknote specification table.

The series C introduced two new high value banknotes ¥5000 and ¥10,000.

1984

Series D (1984) [4]
ImageValueDimensionsMain ColorDescriptionDate of
ObverseReverseObverseReverseIssueIssue suspension
¥1000150 × 76 mmBlueNatsume SōsekiPair of cranesNovember 1, 1984April 2, 2007
¥5000155 × 76 mmPurpleNitobe InazōMt. Fuji, Lake Motosu and cherry blossoms
¥10,000160 × 76 mmBrownFukuzawa YukichiPair of pheasants
For table standards, see the banknote specification table.

Due to the discovery of a large number of counterfeit Series D banknotes at the end of 2004, all Series D banknotes except ¥2000 were virtually suspended on January 17, 2005,[5] and officially suspended on April 2, 2007.[6] According to a news release [7] from the National Police Agency, they seized 11,717 counterfeit Series D banknotes (excluding the ¥2000 denomination) in 2005. However, they seized only 486 counterfeit current issue banknotes, namely Series E ¥1000, ¥5000, ¥10,000, and Series D ¥2000.

2000

Series D (2000) [4]
ImageValueDimensionsMain ColorDescriptionDate of issue
ObverseReverseObverseReverse
¥2000154 × 76 mmGreenShurei-monScene from the Tale of Genji and portrait of Murasaki ShikibuJuly 19, 2000
For table standards, see the banknote specification table.
2000 yen note with The Tale of Genji and Murasaki Shikibu on the right corner

This is the current issue. The 2000 yen note was first issued on July 19, 2000 to commemorate the 26th G8 summit in Okinawa and the 2000 millennium year as well. Pictured on the front of the note is Shureimon, a famous gate in Naha, Okinawa near the site of the summit. The other side features a scene from The Tale of Genji and the author Murasaki Shikibu on the lower right corner. The motif of the scene was taken from the 12th century illuminated handscrolls of the novel kept at the Tokugawa Art Museum in Nagoya. The image of Murasaki Shikibu is taken from the Gotoh edition of the Murasaki Shikibu Diary Emaki held at the Gotoh Museum.

These notes are rare in the market, but at banks they are readily available. Many Japanese consider the 2000 yen note a novelty as it is the only Japanese denomination whose first digit is 2. To promote the circulation of the notes, some companies had started paying wages in them. The series D is the first to display the EURion constellation.

2004

Series E (2004) [4]
ImageValueDimensionsMain ColorDescriptionDate of issue
ObverseReverseObverseReverse
¥1000150 × 76 mmBlueNoguchi HideyoMt. Fuji, Lake Motosu and cherry blossomsNovember 1, 2004
¥5000156 × 76 mmPurpleHiguchi IchiyōKakitsubata-zu (Painting of irises, a work by Ogata Kōrin)
¥10,000160 × 76 mmBrownFukuzawa YukichiStatue of hōō (phoenix) from Byōdō-in Temple
For table standards, see the banknote specification table.

This is the current issue. The EURion constellation pattern can be observed on the series E.

References

  1. "1000 Yen note 1945 prince Yamato Takeru". World Banknotes. Retrieved 14 February 2015.
  2. "Archived copy". Archived from the original on 2007-09-03. Retrieved 2007-09-04.
  3. 1 2 "Archived copy" (PDF). Archived from the original (PDF) on 2009-03-25. Retrieved 2008-04-27.
  4. 1 2 3 Currency in Use: Bank of Japan Archived 2007-08-18 at the Wayback Machine.
  5. http://www.boj.or.jp/type/release/zuiji/bnnew16.htm Archived August 8, 2007, at the Wayback Machine.
  6. 一万円券、五千円券および千円券の今後の支払について:日本銀行 Archived September 29, 2007, at the Wayback Machine.
  7. http://www.npa.go.jp/toukei/souni/gizou.htm Archived August 10, 2007, at the Wayback Machine.
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