Word: fukuda
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...Frankly," admitted a stunned Premier Takeo Fukuda, "I was astounded." "It was a surprise to me, too," aid Masayoshi Ohira, secretary-general of Japan's ruling Liberal Democratic Party (L.D.P.). What startled them and their countrymen last week was the result of a four-way race for Fukuda's job as the leader of the L.D.P. and, therefore, of Japan's government. Though the experts had forecast a dull election in which the urbane Fukuda, 73, would easily win a second term, he was thoroughly whipped by Ohira, 68, a deliberate, unassuming technocrat known in Japanese politics...
Washington was equally startled. Fukuda was a particular favorite of President Carter, despite the 20-year difference in their ages. Fukuda at least appeared to understand American irritation over the imbalance in trade between the two countries that has been one main cause of the dollar's tribulations. Ohira intends to continue and even increase support for the greenback (see box). But because Ohira, as chief Cabinet secretary to Premier Hayato Ikeda in 1960, was an architect of Japan's spectacularly successful drive to make Japan an exporting juggernaut, Washington is uncertain about how eager he will...
Ohira replaced Prime Minister Takeo Fukuda as the leader of the ruling Liberal Democratic Party in party elections last week...
Ohira also said he sees little chance that Japan will meet the seven-per-cent economic growth rate for the current fiscal year, a goal set by the Fukuda government at the Bonn summit meeting of Western powers and Japan last July...
...received from former prime minister Kakuei Tanaka, currently on trial for taking bribes from Lockheed Aircraft Corporation. Although Tanaka was forced to step down, he still controls a sizeable faction of supporters, Reischauer said, adding he doubts Ohira would have won if Tanaka had swung his support to Fukuda...