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Japan to introduce series of redesigned banknotes

Xinhua | Updated: 2019-04-09 14:51

Photo taken April 9, 2019, at Japan's Finance Ministry in Tokyo shows the designs for new 10,000 yen, 5,000 yen and 1,000 yen bills to be introduced in fiscal 2024. [Photo/VCG]

According to Aso, the new 10,000 yen bill will feature industrialist Eiichi Shibusawa. He is known as "the father of Japanese capitalism", and also founded Japan's first modern bank that is known now as Mizuho Bank.

The new 5,000 yen bill will carry an image of Umeko Tsuda, an educator in Japan known for advancing female education. Tsuda, a Christian, established the Tsuda University in Tokyo, as it's currently known.

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