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New Conservative Party - now-defunct political party in Japan
 

The New Conservative Party (保守新党 Hoshu Shinto) is a now-defunct political party in Japan originally led by Hiroshi Kumagai. Kumagai and 3 other disgruntled Democratic Party of Japan members defected in December 2002 and merged with the Conservative Party (Hoshuto), forming the New Conservative Party.

After the November 2003 general election, the New Conservative Party was left with only 4 members in the House of Representatives, down from 9 prior to the election. Among the losers in the last election was the party president, Hiroshi Kumagai.

On November 10, 2003, Prime Minister Koizumi proposed that the NCP merge with with the Liberal Democratic Party. Following the proposal, the Secretary-General of the NCP, Toshihiro Nikai, confirmed the merger.

"We humbly received the proposal and, after discussion within the party, we agreed to accept the proposal to achieve the policies we promised to voters," Secretary-General Nikai stated on November 10 ("Hoshu Shinto to merge with LDP").

Article text is from Wikipedia and licensed under terms of GFDL. The original article can be found here.
 
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