Japan Mint Explained

Japan Mint
Type:Independent Administrative Institution
Location City:Osaka
Location Country:Japan
Area Served:Japan
Industry:Coins
Owner:Government of Japan

The is an Independent Administrative Institution of the Japanese government, responsible for producing and circulating the coins of Japan. The agency has its head office in Osaka with branches in Saitama and Hiroshima. The Japan Mint does not produce paper money; that responsibility belongs to the National Printing Bureau.

History

Amongst the first acts of the Meiji government was the establishment of the Imperial Japanese Mint as a constructive step towards modernising Japan's circulating currency. In the early Meiji era, paper currency was initially printed by Dondorf and Naumann in Germany.[1] The European production was inspected and sealed by Banknote Annex Office of the Ministry of Finance. A proposal to construct a banknote manufacturing plant was submitted to Grand Council of State in May 1874; and construction was approved in December of that same year. A two-story Western red brick building was completed in October 1876.[2]

Over the course of decades, the Mint activities have expanded to include the production of Japanese orders (decorations), medals of honor and metallic art objects, the analysis and testing of metal ores and minerals, and the fineness certification of precious metal wares (hallmarking).

The Mint became an Incorporated Administrative Agency on April 1, 2003.

Osaka Head Office

Saitama Branch

Hiroshima Branch

Standards

Japan Mint has sought to bring its operations within an ambit proposed by the International Standard for Quality Management System and Environmental Management System (ISO).

See also

External links

Notes and References

  1. Boling, Joseph E. "Building a National Currency -- Japan, 1868-1899," 1996.
  2. National Archives of Japan, Digital Gallery website: "[Drawings] Japan Mint"
  3. National Archives of Japan, Digital Gallery website: "Photograph of Osaka Mint Opening Ceremony"