was a Japanese businessman, central banker and the 12th Governor of the

Bank of Japan The is the central bank of Japan.Louis Frédéric, Nussbaum, Louis Frédéric. (2005). "Nihon Ginkō" in The bank is often called for short. It has its headquarters in Chūō, Tokyo, Chūō, Tokyo. History Like most modern Japanese instituti ...

(BOJ).

Early life

Hijikata was born in

Mie Prefecture is a prefecture of Japan located in the Kansai region of Honshu. Mie Prefecture has a population of 1,781,948 () and has a geographic area of . Mie Prefecture is bordered by Gifu Prefecture to the north, Shiga Prefecture and Kyoto Prefecture to ...

Career

In 1897, Hijikata was a BOJ trainee along with

Junnosuke Inoue was a Japanese people, Japanese financier and statesman of the Taisho and Showa eras. He was the 9th and 11th Governor of the Bank of Japan (BOJ). Biography Inoue was born in Ōita Prefecture. A graduate of the Imperial University of Tokyo. I ...

. Both young men were sent by the bank to learn about British banking practices in London. In 1918, Hijikata was named head of the

Industrial Bank of Japan The Industrial Bank of Japan, Limited (IBJ), based in Tokyo, Japan, was one of the largest banks in the world during the latter half of the 20th century. It combined with Dai-Ichi Kangyo Bank and Fuji Bank in 2002 to form Mizuho Financial Group ...

. Hijikata was Governor of the Bank of Japan from June 12, 1928 through June 4, 1935. During his tenure, financial difficulties in Europe and the suspension of the gold standard by the United Kingdom affected Japan; and the situation was exacerbated by the "Manchurian disturbance"."Annual Report of the Bank of Japan,"
18 ''Federal Reserve Bulletin'' (US), Vol 18, p. 309. (1932)

Notes

References

* Metzler, Mark. (2006). ''Lever of Empire: the International Gold Standard and the Crisis of Liberalism in Prewar Japan.'' Berkeley: University of California Press.
OCLC 469841628
* Tamaki, Norio. (1995). ''Japanese banking: a History, 1859-1959.'' Cambridge: Cambridge University Press.
OCLC 231677071
1870 births 1942 deaths Governors of the Bank of Japan Japanese bankers People from Mie Prefecture {{Japan-business-bio-stub