Annual Review 2023
August 31, 2023
Bank of Japan
The Annual Review 2023 provides an overview of the Bank of Japan's organization and business operations, a review of its implementation of business operations and organizational management in fiscal 2022 (April 1, 2022-March 31, 2023), and a description of the Bank's accounts for the fiscal year.
Contents
- Foreword by the Governor [HTML] [PDF 10,130KB]
- About the Bank of Japan [PDF 10,130KB]
- I. Core Purposes
- II. Capital
- III. The Bank's Officers
- IV. Organization
- The Bank's Business Operations [PDF 10,130KB]
- I. Monetary Policy
- II. Financial System Policy
- III. Enhancement of Payment and Settlement Systems and Market Infrastructures
- IV. International Operations
- V. Issuance, Circulation, and Maintenance of Banknotes
- VI. Services Relating to the Government
- VII. Communication with the Public
- The Bank's Review of Fiscal 2022 [PDF 10,130KB]
- I. Introduction
- II. Review of Economic and Financial Developments and Monetary Policy Meetings
- III. Performance Reviews of Measures Taken under the Medium-Term Strategic Plan
- The Bank's Organizational Management in Fiscal 2022 [PDF 10,130KB]
- I. Statement of Accounts and Budget for Expenses
- II. IT Investment
- III. Human Resources
- IV. Organizational Management Measures
- V. Internal Audits
- Climate Change Initiatives: Disclosure Based on TCFD Recommendations [PDF 10,130KB]
- I. Governance
- II. Strategy
- III. Risk Management
- IV. Metrics and Targets
- The Bank's Accounts: Financial Statements and Other Documents for Fiscal 2022 [PDF 10,130KB]
- I. Assets and Liabilities, Profits and Losses, and Capital Adequacy Ratio
- II. Financial Statements
- III. Schedule for the Financial Statements
- IV. Expenses
- Appendixes [PDF 10,130KB]
- Appendix 1: Overview of Audits of the Bank of Japan
- Appendix 2: Medium-Term Strategic Plan (Fiscal 2019-2023)
- Attachment 1 for Appendix 2: The Bank of Japan's Budget for Expenses for Fiscal 2023
- Attachment 2 for Appendix 2: The Ceiling on the Number of Full-Time Employees of the Bank of Japan for Fiscal 2023
- Information [HTML] [PDF 10,130KB]
- I. Bank of Japan Website
- II. Visiting the Bank of Japan
- III. Publications and Reports
Foreword by the Governor
The Bank of Japan has two missions, to achieve price stability and ensure the stability of the financial system. On the price stability side, the Bank has been steadily pursuing its policy of Quantitative and Qualitative Monetary Easing with Yield Curve Control to achieve the price stability target of 2 percent in terms of the year-on-year rate of change in the consumer price index. The Bank works to fulfill the two missions by conducting, besides monetary policy, business operations in a wide range of areas such as financial system and bank examination, payment and settlement systems, market infrastructures, international finance, banknotes, treasury funds and Japanese government securities services, and public communications. The Bank pursues its various policies through the precise and deliberate execution of these central banking operations.
The Annual Review provides excerpts from the Japanese original Gyoumu Gaikyo Sho (Outline of Business Operations), which is prepared pursuant to Article 55 of the Bank of Japan Act. The Gyoumu Gaikyo Sho for fiscal 2022 and the Annual Review 2023 have been drawn up and released to explain to readers the implementation of the Bank's business operations during fiscal 2022. During the fiscal year, the Bank, in accordance with the Medium-Term Strategic Plan (Fiscal 2019-2023), continued to address various issues and move forward with a number of measures, while ensuring that its business operations and organizational management were conducted in a timely manner in view of changes in circumstances and with due regard for the impact of the novel coronavirus (COVID-19). The Bank will continue with its efforts as the country's central bank to achieve the sustainable growth and development of Japan's economy. I hope this year's Annual Review will help readers to gain an overview of the Bank's activities toward these ends.
UEDA Kazuo
Governor of the Bank of Japan
Policy Board Members1,2
- UEDA Kazuo, Governor
- UCHIDA Shinichi, Deputy Governor
- HIMINO Ryozo, Deputy Governor
- ADACHI Seiji, Member of the Policy Board
- NAKAMURA Toyoaki, Member of the Policy Board
- NOGUCHI Asahi, Member of the Policy Board
- NAKAGAWA Junko, Member of the Policy Board
- TAKATA Hajime, Member of the Policy Board
- TAMURA Naoki, Member of the Policy Board
Notes:
- 1.Members are as of August 1, 2023.
- 2.The texts of speeches by Policy Board members are available on the "Speeches by speaker" page on the Bank's website.
Organization Chart of the Bank1,2,3
Notes:
- 1.As of August 1, 2023.
- 2.As stipulated by Article 16, paragraph 2 of the Act, the Policy Board shall consist of the Governor, two Deputy Governors, and six Members of the Policy Board.
- 3.Local offices include the Computer Center represented by the Director-General of the Information System Services Department, and the Banknote Operations Center represented by the Director-General of the Currency Issue Department.
Information
I. Bank of Japan Website
Provides various kinds of information, including monetary policy releases, speeches and statements, reports and research papers, financial and economic statistics, as well as general facts about the Bank.
Bank of Japan FAQs
Provides helpful answers to frequently asked questions on the Bank's functions and business operations as well as related topics. Continually updated to reflect changes.
BOJ from Home
Offers online opportunities to explore the tour route of the Main Building at the Bank's Head Office -- the oldest of its buildings and designated an Important Cultural Property -- through contents including a video showing the tour's "must-sees" and an interactive 3-D/virtual reality (VR) map.
Virtual Tour
Introduces the Bank's business operations and history with photographs and explanatory notes.
Introductory Video "The Bank of Japan in Our Daily Lives"
Explains the importance of maintaining people's confidence in the currency, as well as the Bank's policies and operations toward this end.
PR Brochure "Bank of Japan: Its Functions and Organization"
Provides a concise and easy-to-follow overview of the Bank's functions and operations, as well as of its history and organizational structure.
BOJ Time-Series Data Search
Provides time-series statistical data released by the Bank for searching, downloading, and the drawing of graphs.
Find Us on Social Media
The Bank maintains an active presence on the social networking sites, Twitter and Facebook. The Bank's accounts below provide updates concerning releases on the Bank's website. They may also be used by the Bank as extra channels for communication, for example, in cases of emergency.
Twitter Account: @Bank_of_Japan_e (Link to an external website)
Facebook Account: @BankofJapan.en (Link to an external website)
For the Bank's social networking site management policy, see the "Bank of Japan Social Networking Site Management Policy" page on the Bank's website.
II. Visiting the Bank of Japan
-
Bank of Japan (Head Office)
2-1-1 Nihonbashi-Hongokucho,
Chuo-ku, Tokyo 103-0021, Japan
Tel: +81-3-3279-1111A guide map for the Head Office is available on the "Location / Visiting the Bank" page on the Bank's website.
Tours of the Bank's Head Office
The Bank offers guided tours to help visitors learn more about the Bank's role and business operations.
Visit the "Tours of the Bank's Head Office" page on the Bank's website for details.
-
Bank of Japan Currency Museum
1-3-1 Nihonbashi-Hongokucho,
Chuo-ku, Tokyo 103-0021, Japan
Tel: +81-3-3277-3037Looks to provide visitors with opportunities to think about the history and role of currency and its relation to culture and society through the Museum's collection of coins and notes, as well as related materials and research findings.
-
Bank of Japan Otaru Museum
1-11-16 Ironai, Otaru, Hokkaido 047-0031, Japan
Opened in May 2003, in what was previously the Otaru Branch building. Provides displays on the Bank's history, operations, and the development of Otaru City.
III. Publications and Reports
About the Bank
Title | Frequency |
---|---|
Annual Review | Annual |
Functions and Operations of the Bank of Japan | - |
About Monetary Policy
Title | Frequency |
---|---|
Outlook for Economic Activity and Prices | Quarterly |
Semiannual Report on Currency and Monetary Control (Summary) | Semiannual |
Reports & Research Papers
Title | Frequency |
---|---|
Financial System Report | Semiannual |
Payment and Settlement Systems Report | Ad hoc basis |
Regional Economic Report | Quarterly |
Monetary and Economic Studies | Annual |
Data Compiled in Statistical Publications
Title | Frequency |
---|---|
Tankan (Short-Term Economic Survey of Enterprises in Japan) | Quarterly |
Request for Comments
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