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The Shinshinto (新進党, "new progress party") was founded
in
1994 by former prime minister
Kaifu Toshiki, and immediately became one of the members of the ruling
anti-LDP
coalition led by
Hosokawa Morihiro. In
1996, former coalition leader
Hata Tsutomu took over.
The party was dissolved in
1997, and its remnants collated into several tiny parties, including
the
Liberal Party,
Reform Club,
New Peace Party, and
New Fraternity Party.
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