Asteroid named after Shibusawa Eiichi

An asteroid found between Mars and Jupiter in 1996 has been named after Shibusawa Eiichi, an industrialist known as the father of Japanese capitalism.

The asteroid was discovered by Japanese astronomer Watanabe Kazuo, who lives in Sapporo in the Japanese northernmost prefecture of Hokkaido, and others.

The International Astronomical Union officially decided to name the asteroid "Shibusawaeiichi" on September 2, after Watanabe submitted an application in April, 2020.

Shibusawa, a famed industrialist, was born in 1840 in what is now Fukaya City, Saitama Prefecture. Japan's new 10,000-yen banknote, which is scheduled to enter circulation in the first half of fiscal 2024, will feature Shibusawa.

Fukaya officials had been working to promote their city by naming the asteroid after their favorite son, Shibusawa.

Watanabe was eligible to propose a name for the asteroid as a discoverer. City officials suggested the name of Shibusawa Eiichi to him so the accomplishments of the local hero will be handed down to future generations.