 The Imperial Estates and the Emperor's personal fortune (then estimated at US$17.15 million in 1946, or roughly US$625 million in 2017 terms) were transferred to state or private ownership with the exception of of landholdings.The largest imperial divestments were the former imperial Kiso and Amagi forest lands in Gifu and Shizuoka prefectures, grazing lands for livestock in Hokkaido and a stock farm in the Chiba region.They were all transferred to the Ministry of Agriculture, Forestry and Fisheries.