The new 5,000-yen banknote features Umeko Tsuda (1864-1929), a pioneer in women’s education who founded Tsuda University in Tokyo, replacing Ichiyo Higuchi (1872-1896), a writer. The new 1,000 ...

The 5,000-yen figure is based on the difference between ... in a considerable way,” and it “will significantly change the design of the entire Japanese society,” Koike said.