Banknote Material Growers Spurred by New 10,000-Yen Bill Issuance
The planned introduction of Japan’s new 10,000-yen bills in fiscal 2024 has been inspiring domestic growers of a plant used to make paper for the banknote. Regions growing mitsumata, or oriental paperbush, are aiming to boost production while the National Printing Bureau relies on cheap imports for over 90 pct of the material supply. Mitsumata more