• center


News photo
Prince Akishino, then known by his informal title Prince Aya –
, is shown sitting down with his
mother, Crown Princess Michiko, and his brother, Prince Hiro, now Crown Prince Naruhito, in a garden at
Togu Palace in Tokyo in October 1968.

Based on the law on Imperial household finances, Prince Akishino receives 30.5 million yen, Prince Kiko 15.25 million yen and their two daughters 3.05 million yen each in cash for their personal use to maintain royal dignity, the officials said.

With the additional funds for the new baby, the government’s expenses for Prince Akishino’s family will rise to 54.9 million yen a year, they said.

The tax-exempt money is for covering the family’s meals, clothing and servants it employs on its own, and the sum per child becomes three-fold when they grow up, according to the officials.

The budget item also covers such costs as appropriations for establishing a new branch family, and a lump sum for a female member leaving royal status to marry a commoner or other reasons.

Another budget covers the cost of the baby’s birth. The Imperial Household Agency administers that budget as official funds also used to maintain the Imperial court.

Staff members of Prince Akishino’s household are paid under the agency’s operating budget.

The cost of Princess Mako’s and Princess Kako’s education comes from the same budget as the cash for “royal dignity,” but that for the prince, as an heir to the throne, will be covered by “official funds,” the officials said.

Personal expenses of Emperor Akihito and Empress Michiko as well as Crown Prince Naruhito, Crown Princess Masako and their daughter Princess Aiko are covered by yet another budget item dedicated to them. It came to 324 million yen for fiscal 2006.

In preparation for accommodating the newborn baby, the agency has decided to hire a nurse and has renovated part of the family’s house to accommodate a crib, the officials said.

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New prince becomes the third in line to assume Chrysanthemum Throne
Shares in baby goods take a dive after birth

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