Bank of Japan is the central bank of Japan engaged in the issuance of banknotes and to carry out currency and monetary control. Co. is capitalized at Y100 million yen in accordance with Article 8, paragraph 1 of the Act. As of the end of Mar. 2017, Y55,008,000 is subscribed by the government, and the rest by the private sector. Co.'s purpose is to ensure smooth settlement of funds among banks and other financial institutions, thereby contributing to the maintenance of stability of the financial system. Currency and monetary control by the Co. shall be aimed at achieving price stability, thereby contributing to the sound development of the national economy.
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