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Februally 11th is the National Foundation Day. According to the Japanese historical legend, on this day in the year 660 BC, Emperor Jinmu, the first Emperor of Japan, built his capital in the Yamato district, Nara Prefecture now.This day is celebrated in commemoration of the foundation of the nation. The present Emperor is said to be the 126th from Jinmu Emperor in the direct line.

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建国記念日 – Wiki