5 Yen

Dai-Ichi Ginko — the First National Bank — operated in Korea under Japanese commercial expansion before formal annexation, and this note was issued for circulation on the Korean peninsula rather than in Japan proper. It predates the establishment of the Bank of Korea by several years, making Dai-Ichi Ginko effectively the de facto colonial currency authority in the region during this period.

The series was withdrawn following the 1905 Eulsa Treaty, which tightened Japanese financial control over Korea and eventually led to the Dai-Ichi Ginko notes being superseded by those of the Bank of Korea in 1909.