The Paper Money Office was created on July 27, 1871 under the administration of the Ministry of Finance, and was soon renamed in August the Paper Money Bureau. At the time, banknote printing was outsourced to the United States and Germany, as Japan did not have the required facilities for domestic production. The bureau managed the privatenational banks and managed the issue and exchange of banknotes. In January 1872, production of paper money was handed over to the Paper Money Bureau, and it acquired papermaking and printing duties. These included the production of banknotes, securities, postage stamps, and typographic printing. The first domestically produced Japanese money, a 1-yen banknote, was created on October 15, 1877. The Paper Money Bureau was merged with the Official Gazette Bureau on January 1, 1898, and thus acquired the duty of printing the Official Gazette, starting July 2, 1898. The Bureau became an incorporated administrative agency in April 2003.
Organization
The NPB includes a Head Office, Research Institute, Government Publications Service Center, and several production plants.
The NPB has several production plants. Toranomon is responsible for publishing the Official Gazette and other government publications. At Takinogawa banknotes, public bonds, and certificate stamps are made, and at Oji postage stamps are printed. Plants at Odawara, Shizuoka, and Hikone also produce banknotes, while Odawara makes paper as well, along with Okayama. The Odawara Plant, where about 500 Someiyoshino and other cherry trees are planted, holds on an weekend in early April, every year, an to let the general public enjoy viewing cherry blossoms.
The Bureau's environmental philosophy is "Conduct business activities in harmony with the environment." It is attempting to acquire ISO 14001 certification. Five of its plants have already done so: Takinogawa in 2002, Odawara in 2004, Hikone in 2006, Okayama in 2007, and Shizuoka in 2009. The Bureau prepares and publishes an environmental report on its website yearly. Five areas of focus are:
Environmental Compliance: Compliance with environmental laws and regulations
Resource and Energy Saving: Reduction in the usage of resources and energy, and in waste production
Product Design and Production with Low Environmental Load: Engineering products for minimal environmental impact in all phases of the product lifecycle
