Capital of Japan Capital of Japan The current capital of Japan is Tokyo. In the course of history, the national capital has been in many locations other than Tokyo. Traditionally, the home of the Emperor is considered the capital. From 794 through 1868, the Emperor lived in Heian-kyō, modern-day Kyoto. After 1868, the seat of the Government of Japan and the location of the Emperor's home was moved to Tokyo. In 1941, the Ministry of Education published the . While no laws have designated Tokyo as the Japanese capital, many laws have defined a that incorporates Tokyo. Article 2 of the of 1956
Capital flows in Japan market) rather than the removal of international capital controls per se. This approach was taken because of United States concerns that foreign investment in Japan was impeded by a lack of various financial instruments in the country and by the government's continued control of interest rates for many of those instruments that did exist. As a result of the agreement, for example, interest rates on large bank deposits were decontrolled, and the minimum denomination for certificates of deposit was lowered. By the end of the 1980s, barriers to capital flow were no longer a major issue in Japan-United States relations.