The Yamatane museum was opened in 1966 by the Yamatane art foundation, an organization based on the personal collection of Yamazaki Taneji and the corporate collection of Yamatane securities (now SMBC Friend Securities). There is a long-term exhibition of lesser works, with periodic displays organized. The foundation organizes moving exhibitions of works in their possession. The museum owns famous nihonga paintings including some with "object of national cultural significance" status. The quality of their collection is very high.