Complex sentence: 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.
Split into simpler sentences: The Shinshinto (新進党, "new progress party") is a modern Japanese political party. It 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.