He also supports the LDP's small but vocal group of economic reformers who are pleading for an end to the party's blatant pork barrelling and deferral of painful structural changes. He says Japan has no choice but to continue hacking away at debt-ridden companies. His candidacy is backed by international business groups, which have long despaired of the LDP's aversion to change. At the close of nominations yesterday, four candidates had filed for the April 24 ballot. Mr Koizumi will be joined by rival faction boss Shizuka Kamei, former prime minister Ryutaro Hashimoto and Economics Minister Taro Aso.
Political analysts remain sceptical about an open selection process.
It's all very depressing. Hashimoto has only been chosen because the powers in his own faction cannot find anyone else. The Age Company Ltd 2001. Any unauthorised use, copying or mirroring is prohibited.