Word: takeshita
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...father as "the greatest entrepreneur I've ever met." While Seiji was merely given control of a money-losing department store, Yoshiaki inherited not only the railway and real estate portions of the empire but also his father's political clout: he is close to Prime Minister Noboru Takeshita, for example, and backed him in his fight for the leadership in 1987. A rugged sportsman who owns the national-champion baseball team, the Seibu Lions, Yoshiaki flies around the country aboard his jet helicopter to visit his properties and shows up on lists of the world's wealthiest people...
...walled, moated and heavily wooded grounds of the Imperial Palace. A victim of duodenal cancer, he grew weaker each day. Dr. Akira Takagi rushed into the palace within minutes of the summons, followed closely by Crown Prince Akihito and his wife Crown Princess Michiko, then by Prime Minister Noboru Takeshita. At 6:33 a.m. Emperor Hirohito, once worshiped by the Japanese people as a living god, died...
...stock scheme has rocked the government of Prime Minister Noboru Takeshita. Though he has not been directly implicated, his approval rating plunged in December to less than 30%, the lowest level in his 14 months in office. The scandal seemed to magnify public displeasure with Takeshita's sweeping tax-reform bill, including a 3% national consumption tax, which he pushed through the Diet, Japan's parliament, in December...
...make amends, Takeshita responded last week with a Cabinet shuffle, ousting 15 of his 20 Ministers. But his new Justice Minister, Takashi Hasegawa, was forced to resign only three days later after it was disclosed that one of his political support groups had accepted legal-but-compromising cash contributions of $3,800 a month from the company behind the stock episode...
...first big political casualty: Finance Minister Kiichi Miyazawa, who resigned last month. He was caught in a net of contradictory denials, and finally admitted that an aide had taken part in the Recruit offerings, using the Minister's name. Ironically, the fall of Miyazawa strengthened the political position of Takeshita, since the men had been rivals in the ruling Liberal Democratic Party. Five days later, Hisashi Shinto, chairman of the giant Nippon Telegraph and Telephone, stepped aside after conceding his involvement in the Recruit stock deal...