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| Above, the current ¥10,000 banknote. |
Japan will be issuing three new banknote designs next year. These will be the first banknote changes to Japan's currency in 20 years.
The changed banknotes will be the ¥10,000, ¥5,000 and ¥1.000 and will be issued in July 2024.
According to the Asahi Shimbun:
Three new banknotes from the Bank of Japan featuring three new faces as well as unprecedented technology to prevent counterfeiting will be issued as early as July of next year, marking the first design changes in 20 years.
Finance Minister Shunichi Suzuki announced the approximate issuance date on June 28.
The manufacturing process of the new 10,000-yen ($69.20) banknote was shown to the media at the National Printing Bureau’s Tokyo plant in the capital’s Kita Ward on the same day.
The 10,000-yen banknotes featuring the portrait of Eiichi Shibusawa (1840-1931), an entrepreneur and business leader in early modern Japan known as “the father of Japanese capitalism,” were being printed.
The machine attached a 3-D hologram to the banknote, the first technology on any currency in the world, to deter counterfeiters.
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