Kataoka Naoharu

Kataoka Naoharu (片岡 直温, October 13, 1859 – May 21, 1934) was a Japanese entrepreneur and politician during the prewar period.

In 1880, he was transferred to Tokyo, where he caught the attention of Itō Hirobumi and was recruited into the Home Ministry.

He was also president of the Miyako Hotels chain from 1915, and served as a member of the board for the Kyōdō Bank and Kansai Railways.

Kataoka returned to political life as a member of the Lower House of the Diet of Japan in the 1892 General Election, and was subsequently re-elected eight times.

However, his public proclamation during budgetary deliberations on March 14, 1927, that the Tokyo Watanabe Bank had gone bankrupt, when in fact it had not, resulted a bank run and was one of the main factors behind the Shōwa financial crisis and the collapse of the Wakatsuki administration.