China, Imperial Japanese Government issue: 5 Yen Note [解決]

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My grandfather worked with currency during the occupation, and came back with a stack of notes including this one:

 

Odd features:

- It seems to match the 1930 Yen note entry, but it's not perforated and it doesn't have a serial. 

- It also has the characters in the arc at the top printed in red, and they don't match the usual characters.

- The text to the left of Sugawara Michizane is absent

 

Not sure what to make of this, but I'd be grateful for any insights. 🙏 

Status changed to Solved (eigenrobot, 24 2月 2025, 15:54)

thank you!

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