Bank of Japan - Nippon Ginko
Obverse: Portrait of Prince Shōtoku (Shōtoku Taishi, February 7, 572 – April 8, 622), also known as Prince Umayado or Prince Kamitsumiya, was a semi-legendary regent and a politician of the Asuka period in Japan who served under Empress Suiko.
Reverse: Bank of Japan building, Tokyo (Nihon Ginko Honkan).
Japanese Banknotes - Japan Paper Money
ND (1950-1958) Issue
Prince Shotoku
Taishi Shōtoku, original name Umayado (born 574, Yamato, Japan—died April 8, 622, Yamato), influential regent of Japan and author of some of the greatest contributions to Japanese historiography, constitutional government, and ethics.
Shōtoku was a member of the powerful Soga family and was the second son of the short-reigned emperor Yōmei. When political maneuvering brought his aunt to the throne, Shōtoku became crown prince and regent in 593. He remained in that position until his death. One of his first acts was to resume sending envoys to China, a practice that had been discontinued since the 5th century, thus opening up avenues for cultural, economic, and political exchange. He imported scores of Chinese artists, craftsmen, and clerks into Japan, adopted the Chinese calendar, created a system of highways, and erected many Buddhist temples, including the Hōryū Temple, built in 607 in Ikaruga, near Nara, which is now considered among the oldest surviving wooden structures in the world.
Shōtoku promoted Buddhism and Confucianism in what had been an exclusively Shintō milieu and brought new political, religious, and artistic institutions to Japan. By means of persuasion and political maneuver, he emulated in his own country the giant bureaucratic empire of China and expanded the authority of the imperial house, bringing back into its hands powers that had been delegated to the feudal lords.
Shōtoku compiled the chronicles of the government, after the Chinese model, to make up the first book of Japanese history. He also instituted a system of 12 court ranks, each identified by the colour of the cap an official wore. This scheme became one of the most important changes in the Japanese government, for it meant a break with the old system of hereditary posts and implied a bureaucracy of merit along the Chinese model.
His “Seventeen Article Constitution” (604) instructed the Japanese ruling class in Confucian ethical concepts and the Chinese bureaucratic system, which he held up as an ideal for Japanese government. Although there is some doubt whether this document was the work of Shōtoku or perhaps a later forgery, it represents his thinking and resulted from his influence. He is remembered also for irrigation projects and social-welfare measures. He worked for the spread of Buddhism and after his death was looked upon as a Buddhist saint.