Finance minister who signed the Plaza Accord and Prime Minister of Japan during the bubble years
Born into a family of sake brewers in Shimane Prefecture, Takeshita attended Waseda University. He entered the House of Representatives in 1958 and rose in the faction of Kakuei Tanaka, and as finance minister in 1982–86 he signed the Plaza Accord in 1985. Becoming LDP president and prime minister in 1987, he forced Japan's first consumption tax through the Diet in 1988 amid public opposition, but was implicated in the Recruit scandal and resigned in 1989. He went on leading the largest LDP faction as a power behind the scenes.
Activities and affiliations
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1958–2000
Liberal Democratic Party (Japan)
Political and party leadership -
1982–1986
Japan state institutionsMinister of Finance
Economy, finance and planning -
1987–1989
Japan state institutionsPrime MinisterMain
Government and administration
Career Timeline
- 1958Elected to the House of Representatives
- 1982–1986Minister of Finance
- 1985.09.22Signed the Plaza Accord
- 1987.11–1989LDP president and Prime Minister
- 1988Consumption tax passed