[1] The domain was centered at Takatomi jin'ya, located in what is now the city of Yamagata in Gifu Prefecture.
The 9th daimyō, Honjō Michitsura, attempted fiscal reforms, including fiscal frugality, planting of forests for harvestable wood, issuance of paper money and increases taxes on his peasantry.
He also hired a rice merchant from Kyoto as financial advisor; however none of these measures worked, and in 1868 the domain defaulted on all of its debts, and its peasants rose in revolt.
In 1869, the final daimyō, Honjō Michiyoshi, was appointed domain governor under the new Meiji government until the abolition of the han system in 1871.
[1] As with most domains in the han system, Takatomi Domain consisted of a discontinuous territories calculated to provide the assigned kokudaka, based on periodic cadastral surveys and projected agricultural yields.