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Iwama Ryu was an organization developed by Saito Morihiro Shihan, largely to authorize teachers to teach Iwama-style bukiwaza. Most of the participants were in Europe. The bukiwaza teaching certification had six steps, the top being equivalent to a Menkyo Kaiden. Teachers had to have minimum dan ranks and pass an exam with Saito Shihan to receive each teaching certificate.
Many people erroneously use the terms Iwama-style and Iwama Ryu interchangeably. There are many Iwama-style aikido practicioners around the world but only some of these were Iwama-Ryu. WIth Saito Shihan's passing in 2002, many of the Iwama-Ryu dojos have rejoined the Aikikai.
