Japan to overhaul trio of bank notes as new era starts

New designs unveiled as companies expand cashless payment services

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Finance Minister Taro Aso unveils the new notes at a press conference in Tokyo on April 9.

Nikkei staff writers

TOKYO -- With a new Imperial era just a few weeks away, Japan is giving its currency a new look. The government announced the first revamp of the 1,000 yen (about $9), 5,000 yen and 10,000 yen bank notes since 2004.

Finance Minister Taro Aso unveiled the changes in a news conference on Tuesday morning. Distribution of the new bills will begin in the first half of fiscal 2024.

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