Ministry of Finance (Japan)

The Ministry of Finance (財務省, Zaimu-shō) is one of the cabinet-level ministries of the Japanese government. The ministry was named the Ōkura-shō (大蔵省) until 2001. The Ministry is headed by the Minister of Finance (財務大臣, Zaimu-daijin), who is a member of the Cabinet and is typically chosen from members of the Diet by the Prime Minister.

Ministry of Finance
Ministry of Finance building
Agency overview
FormedJune 1, 2001 (2001-06-01)
Preceding agency
  • Ministry of Finance (大蔵省, Ōkura-shō) (until 2001)
JurisdictionGovernment of Japan
Headquarters3-1-1 Kasumigaseki, Chiyoda-ku, Tokyo, Japan 〒100-8940
Ministers responsible
Child agency


Ministry of Finance Entrance
Bond of Japan, issued 15 May 1910, Vignette with Fudschijama

The Ministry originated in the 6th century, when the Ōkura (大蔵) was established as a state treasury in ancient Japan. When a modern system of government was introduced after the Meiji Restoration, the Ministry of Finance (大蔵省, Ōkura-shō) was established as a government body in charge of public finance and monetary affairs. It is said that new ministry employees are subtly reminded that the Ōkura-shō predates by some 1269 years when the new Constitution was imposed on the nation by the U.S. occupation forces in 1947.[1]

The Ministry has long been regarded as the most powerful ministry in the Japanese government. After various financial scandals revealed in the 1990s, however, the Ministry lost its power over banking supervision to a newly established Financial Services Agency. It also lost most of its control over monetary policy to the Bank of Japan when the Diet passed a new Bank of Japan Law in 1998. In addition, it lost its ancient Japanese name when it was renamed the Zaimu-shō (財務省) in January 2001, although its English name remained the same.

In financial markets, the Ministry is famous for its active foreign exchange policy. Its top civil servant on the international side, Vice Minister of Finance for International Affairs, is often quoted in the financial press. Former Vice Minister Eisuke Sakakibara was known as "Mr Yen", whereas his successors Haruhiko Kuroda and Zenbei Mizoguchi were often referred to as "Mr. Asian Currency" and "Mr. Dollar", respectively.

Toshio Akagi's wife performed the signature activity of a request for a re-investigation request to investigate the truth about the suicide of a staff member of Kinki Finance Bureau of the Ministry of Finance who was forced to tamper with official documents in relation to the Mori friend case, the fastest record ever in Japan The signatures of 260,000 people gathered, resulting in a total of 300,000 signatures.[2][3]

Organizational structureEdit

The Customs and Tariff Bureau (Customs flag shown) is one of the divisions of the Ministry

The Ministry is organized in six bureaus that provide the overall functions of the ministry:[4]

Independent Administrative InstitutionsEdit

Six Independent Administrative Institutions are under the Ministry's control:


  • On May 20 2022, deputy vice minister for policy planning and coordination was beating and kicking a fellow passenger on a train in Tokyo.[5]

See alsoEdit


  1. ^ Lamont-Brown, Raymond. "The Ministry: The Inside Story of Japan's Ministry of Finance – a book review", Contemporary Review. August 1998.]
  2. ^[dead link]
  3. ^ "森友・文書改ざん 再調査求める署名30万人突破へ 電通過労自殺の遺族も賛同".
  4. ^ "Functions". Ministry of Finance. Retrieved 2017-02-12.
  5. ^ Senior Japan ministry official arrested for alleged assault on train - The Mainichi(05/24/2022)

Further readingEdit

External linksEdit

Coordinates: 35°40′23″N 139°44′56″E / 35.673°N 139.749°E / 35.673; 139.749