On June 15, 2011, it was announced that long-time CJEB Research Associate, Professor Takatoshi Ito of the University of Tokyo, was awarded Japan's Medal of Honor, Medal with Purple Ribbon, which is given by the Emperor to recognize the achievements in conducting research on the Japanese economy and monetary policy. Professor Ito is a frequent CJEB lecturer and was a visiting professor at Columbia Business School in fall 2009. The Center sends heartfelt congratulations to Professor Ito!