Toshiki Kaifu
On 8 December 1994, the Diet members of the future party elected former LDP Prime Minister Toshiki Kaifu as leader, Kaifu received 131 votes, former Prime Minister Tsutomu Hata 52 and DSP leader Takashi Yonezawa 32 votes. In 1995, Kaifu was succeeded by Ichirō Ozawa who led the party from 1995 until its dissolution in 1997. Ozawa won the leadership election among party members and registered supporters ("tōyū") in December 1995 with 1,120,012 votes against Tsutomu Hata who received 566,998 votes. Ozawa was reelected just a few days before the party dissolved in a vote among NFP Diet members and delegates from NFP prefectural federations in December 1997, defeating Michihiko Kano by 230 votes to 182.