Currency and Prices in Japan

Living in Japan
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About currencies

The currency of Japan is yen.
There are four types of banknotes: 10,000 yen, 5,000 yen, 2,000 yen, and 1,000 yen, and there are six types of coins: 500 yen, 100 yen, 50 yen, 10 yen, 1 yen.
In Japan, cash payments are common, but many stores accept credit cards and debit cards.

10,000 yen
10,000 yen (Table)
Yukichi Fukuzawa
5,000 yen
5,000 yen (Table
) Ichiyo Higuchi
2,000 yen
2,000 yen (table
) Shuri Castle Moriremon
1,000 yen
1,000 yen (Table)
Hideyo Noguchi
500 yen
500 yen n
ickel brass (kiri)
100 yen
100 yen Made of
copper (cherry blossoms)
50 yen
50 yen made of
white copper (chrysanthemum)
500 yen
Made of 10
yen bronze (Byodoin Phoenix Hall)
5 yen
Made of 5 y
en bronze (perforated rice ears and water surface)

Made o
f 1 yen aluminum (Wakaki)

About Electronic Money

In Japan, many electronic money is popular.There is no need to carry small change, and it is useful for reducing crime opportunities aimed at cash and eliminating waiting for cash registers.
Let’s give a typical one.
Osaifu Keitai Edy Suica Nanaco, EAON, ICOCA, PASMO, nimoca

There is also a lot of “electronic money”.
If you find something that suits your lifestyle, you can use them very conveniently.

About the consumption tax

In Japan, when you purchase or eat or drink products, 10% of the main unit price will be charged as an additional consumption tax.※ There is a reduced tax rate system.
The price tag may display two prices, the price of the main unit price and the price including tax, but if there is one price in the price tag, it represents the total amount including consumption tax.

About mail

The postal fee in Japan is 50 yen for postcards and 80 yen for regular mail such as letters.The post box is red.Since the postage outside japan varies, it is a good idea to post it after asking at the post office window.Domestic and international baggage is also accepted at the counter.
To send packages to Japan, it is also convenient to use a courier to deliver the package the day after shipment.Kuroneko Yamato and Sagawa Express are famous as couriers.Since it is affiliated with most convenience stores, you can ship from a nearby convenience store, and if you contact a courier, they will pick you up.
In addition, if you send luggage outside the country, the international postal service of the post office is popular, but you can also send it from a courier such as Kuroneko Yamato.It may be cheaper than EMS at the post office.

About bank accounts and credit cards

The financial institutions that accept deposits and deposits in Japan are roughly divided into the following:

  • City banks: Banks that have their head office in large cities (mostly in Tokyo’s 23 wards or Osaka 24 wards) and operate nationwide.
  • Regional banks: Banks that have mainly local sales ground compared to city banks
  • Trust banks: Financial institutions that handle trust business in addition to the business of general banks
  • Foreign bank branches: Foreign banks that have branches or agents in Japan in accordance with Japanese laws and regulations under the Banking Act
  • In addition to cooperative financial institutions such as shinkin banks, agricultural cooperatives (JA), etc.
  • Japan Post Bank: A bank established due to privatization of postal services and entrusted to a post office company (Japan Post Bank

Of these banks, it is Japan Post Bank that makes it easy for foreigners to have an account as soon as they come to Japan.
Overseas and domestic remittances are also cheaper than regular banks, and the window is a post office all over Japan, so it is very convenient.

About opening an account

There seems to be a condition that many banks have been in Japan for six months.Some of them can open an account immediately, but the transfer with the cash card can not be done for half a year.

Opening an account at Japan Post Bank

  • The person in question will open an account at the local post office.
  • What you need to complete the procedure
    1. Student ID card
    2. Seal

Opening an account at other banks

In addition to Japan Post Bank, if there is a request from the school, it seems that it is possible to have an account immediately.If you need to open a school-designated bank account, contact the school in advance.

In the case of Mitsubishi UFJ Bank
  • Qualification: At least six months have passed since I came to Japan.
  • What you need to complete the procedure
    1. Alien Registration Card
    2. Seal
In the case of Sumitomo Mitsui Banking Corporation
  • You can open an account even after you come to Japan.However, it is not possible to transfer money using a cash card for six months from the time of coming to Japan.(You can make deposits and withdrawals) You will be asked to make a transfer at the bank window.
  • For foreigners who have been in Japan for six months, they can open a regular new account.
  • Qualifications… none in particular.
  • What you need to complete the procedure
    1. Alien Registration Card 
    2. Passport 
    3. Seal

About the transfer fee

If you make a transfer, you will be charged a fee.Each fee is set independently by the bank and is not uniform.

Both banks have a transfer fee to the other bank’s account higher than the transfer fee between the bank’s accounts.

If you have a designated transfer destination such as rent, it is a good idea to create an account at the same bank as the bank you are transferring to, preferably the same branch.
However, it is inconvenient to have an account with a bank far from your district, so you should avoid it.

About credit cards

A credit card that doesn’t require a lot of money is very convenient.
There are various credit companies, but VISA, Master, American Express, JCB, etc. are safe because there are a lot of stores.

However, it seems to be quite difficult at present for international students to make credit cards in Japan.Each card company has its own screening criteria, and the standards vary depending on the social situation, so “International students can make this card!”Unfortunately, there is no reliable information.

It might be more reliable to make an international credit card in your home country.

About the price

BigAppleEggOrangeMilk
Big Mac
290 yen
Pork (1kg)
2,470 yen
Apples (1kg)
459 yen
Eggs (1 piece)
22 yen
Orange (1kg)
405 yen
Milk (1L)
207 yen
Bread
Cabbage (1kg)
178 yen
Tomato (1kg)
663 yen
Imo (1kg)
227 yen
Chicken (1kg)
1,360 yen
Beef (1kg)
3,650 yen
Bread
120 yen
RiceFlourBeerCorbyCokeToothpaste
Rice (1kg)
455 yen
Flour (1kg)
235 yen
Beer
203 yen
Coffee
380 yen
Coke
95 yen
Toothpaste
98 yen
TaxiSubwayShampooToilet paper
First taxi ride
710 yen
Subway (1 section)
200 yen
Shampoo
390 yen
Toilet Paper (24)
198 yen
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Living in Japan
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