Hakozaki is a town next to Nihombashi, center of the Japanese economy
Hakozaki is located at the east end of Chuo ward, beside the Sumida River. There are financial and commercial towns such as Kakigara-cho, Kayaba-cho, and Kabuto-cho, which compose part of the Nihombashi district. When Tokugawa Ieyasu made a triumphal entry into Yedo Castle in 1590, this area was under the sea. The present-day Chuo ward has been formed by the reclamation, which began around that time and the following rapid work. The bridge was built and named Nihombashi as a starting point of five main roads. Consequently, this area became busy and prospered dramatically with various commercial activities. The town of Yedo was renamed Tokyo, and in 1873, a national bank was opened for the first time at Nihombashi, followed by a continual opening of other banks. In 1880, 20 of the 24 banks in Tokyo were located at Nihombashi. In 1882, the Bank of Japan was established at Hakozaki as a general controller of all domestic banks. It was relocated to Hongoku-cho in 1929. The Tokyo grain market was built at Kakigara-cho previously in 1878, the predecessor of the Tokyo Stock Exchange was opened at Kayaba-cho. A number of security companies, built in the vicinity, have remained to this day. Nihombashi has supported the success of the Japanese economy as a center since the Yedo period (1603 - 1867).
[ Hakozaki ||
Look Back a Bit
| Transportation | Main Street
| Places to Visit | Museums
and Parks | Outdoor Activities | Local
Food | Arts, Crafts and Specialities | Festivals
and Events | A Local Celebrity | Accommodations
|
More Information
]
[
Hometown Homepage
]
