The new banknotes come in three denominations of 10,000 yen, 5,000 yen, and 1,000 yen. The new hologram printing will use the world’s first hologram printing technique, allowing images to move in different viewing directions. This new technology is expected to prevent counterfeiting in Japan.

The new 10,000 yen bill features the portrait of Eiichi Shibusawa, a Japanese politician and businessman hailed as the father of Japanese capitalism. The new 5,000 yen note features a portrait of Umeko Tsuda, a female teacher during the Meiji era who promoted education for women. The 1,000 yen bill features a portrait of Doctor Shibasaburo Kitasato, one of the discoverers of the plague pathogen, and the father of modern Japanese medicine.

The numerals on the coin have also been adjusted to be larger, the embossed motifs are also designed for users with low vision to be able to recognize by hand.

The Bank of Japan is expected to issue a total of more than 3 billion banknotes of all denominations in fiscal 2024. New banknote samples have begun to be displayed at banknote museums and banks across Japan since April 14.