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(1)Ministers complete fine-tuning FY 2005 budget

TOKYO, Japan - Finance Minister Sadakazu Tanigaki (R) bows to Economy, Trade and Industry Minister Shoichi Nakagawa (L) as they begin talks on reinstating budget spending cuts at the Finance Ministry on Dec. 22. Cabinet ministers completed fine-tuning an 82,182.9 billion yen draft state budget for fiscal 2005, paving the way for its approval as the government's budget plan at a Cabinet meeting on Dec. 24.

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Funeral for ex-Finance Minister Shoichi Nakagawa held in Tokyo

TOKYO, Japan - Former Prime Minister Shinzo Abe delivers a eulogy during a funeral ceremony for former Finance Minister Shoichi Nakagawa at a temple in Tokyo on Oct. 9, 2009. Nakagawa was found dead at his home in Tokyo on Oct. 4. (Pool photo)

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Wake for ex-Finance Minister Shoichi Nakagawa held in Tokyo

TOKYO, Japan - Prime Minister Yukio Hatoyama offers a prayer at a temple in Tokyo on Oct. 8, 2009, during a wake for former Finance Minister Shoichi Nakagawa who was found dead at his home on Oct. 4. (Pool photo)

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Ex-Finance Minister Nakagawa found dead at Tokyo home

TOKYO, Japan - Liberal Democratic Party President Sadakazu Tanigaki responds to questions from reporters in Tokyo on Oct. 4, 2009, over the death of former Finance Minister Shoichi Nakagawa. Nakagawa, an LDP member, was found dead at his home in Tokyo's Setagaya Ward earlier in the day.

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Ex-Finance Minister Nakagawa found dead at Tokyo home

TOKYO, Japan - This file photo shows then Finance Minister Shoichi Nakagawa replying to questions from the floor at a House of Councilors session in February 2009. Nakagawa was found dead at his home in Tokyo's Setagaya Ward on Oct. 4, 2009.

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Ex-Finance Minister Nakagawa found dead at Tokyo home

TOKYO, Japan - Photo taken on Oct. 4, 2009, shows the home of former Finance Minister Shoichi Nakagawa in Tokyo's Setagaya Ward. Nakagawa was found dead at his home earlier in the day.

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Ex-Finance Minister Nakagawa found dead at Tokyo home

TOKYO, Japan - This undated file photo shows former Finance Minister Shoichi Nakagawa, who was found dead at his home in Tokyo's Setagaya Ward on Oct. 4, 2009. Nakagawa's political career went downhill after a press conference in Rome in February 2009, at which he appeared to be drunk.

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Ex-Finance Minister Nakagawa loses Diet seat

OBIHIRO, Japan - Former Finance Minister Shoichi Nakagawa of the Liberal Democratic Party bows at his campaign office in Obihiro, Hokkaido, on Aug. 30. Nakagawa, who stepped down as finance minister after appearing to be drunk at a press conference at the Group of Seven financial meeting in Rome in February, lost his seat in the House of Representatives in the general election.

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Ex-Finance Minister Nakagawa loses Diet seat

OBIHIRO, Japan - Former Finance Minister Shoichi Nakagawa of the Liberal Democratic Party talks on the cellphone while walking past a portrait of his deceased father Ichiro Nakagawa, also an LDP politician, in Obihiro, Hokkaido, on Aug. 30. Nakagawa, who stepped down as finance minister after appearing to be drunk at a press conference at the Group of Seven financial meeting in Rome in February, lost his seat in the House of Representatives in the general election.

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Ex-Finance Minister Nakagawa loses Diet seat

OBIHIRO, Japan - In his campaign office in Obihiro, Hokkaido, on Aug. 30, 2009, former Finance Minister Shoichi Nakagawa of the Liberal Democratic Party consoles a supporter who burst into tears after Nakagawa lost his seat in the House of Representatives election. Nakagawa stepped down as finance minister after appearing to be drunk at a press conference at the Group of Seven financial meeting in Rome in February.

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Ex-Finance Minister Nakagawa loses Diet seat

OBIHIRO, Japan - Former Finance Minister Shoichi Nakagawa of the Liberal Democratic Party grimaces while speaking to supporters in Obihiro, Hokkaido, on Aug. 30. Nakagawa, who stepped down as finance minister after appearing to be drunk at a press conference at the Group of Seven financial meeting in Rome in February, lost his seat in the House of Representatives in the general election.

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Nakagawa suggests debate on Japan having nuclear weapons

KUSHIRO, Japan - Former Finance Minister Shoichi Nakagawa delivers a speech at a meeting in Obihiro, Hokkaido, on April 19. Nakagawa suggested that Japan should promote discussions on the possibility of possessing nuclear weapons.

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Budget deliberations stall after Nakagawa's resignation

TOKYO, Japan - Photo shows an empty room in the parliamentary building where the House of Representatives Budget Committee was supposed to hold deliberations on a fiscal 2009 budget on Feb. 18. Deliberations on the budget stalled the same day, with the opposition camp boycotting the panel and demanding that Prime Minister Taro Aso attend to explain the resignation of Finance Minister Shoichi Nakagawa the previous day.

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Yosano vows battle against economic crisis, mulls fresh stimulus

TOKYO, Japan - Economic and Fiscal Policy Minister Kaoru Yosano, who replaced Shoichi Nakagawa as finance and financial services minister, speaks at a news conference at the Finance Ministry in Tokyo on Feb. 17. Yosano pledged to fight against the current economic crisis engulfing Japan, while hinting that the government will consider drafting a fresh stimulus package.

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Nakagawa quits over behavior at G-7, dealing fresh blow to Aso

TOKYO, Japan - Finance Minister Shoichi Nakagawa attempts to hear a question from a reporter during a press conference at the Finance Ministry on Feb. 17. Nakagawa announced his resignation following criticism of his behavior at a weekend press conference after the Group of Seven meeting in Rome at which he appeared to be drunk.

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Nakagawa quits over behavior at G-7

TOKYO, Japan - Japanese Finance Minister Shoichi Nakagawa enters the prime minister's office on Feb. 17. Nakagawa told Prime Minister Taro Aso of his intention to quit, taking the blame for his unusual behavior at a weekend Group of Seven press conference in Rome.

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Nakagawa quits over behavior at G-7

TOKYO, Japan - Japanese Finance Minister Shoichi Nakagawa (R) takes a look at a photocopy of a newspaper article on Feb. 17 about his resignation that was printed immediately after he announced the same day that he would step down from his post. Nakagawa told Prime Minister Taro Aso later in the day of his intention to quit, taking the blame for his unusual behavior at a weekend Group of Seven press conference in Rome.

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Nakagawa to resign over poor performance at G-7 press conference

TOKYO, Japan - Finance Minister Shoichi Nakagawa announces his resignation during a press conference at the Finance Ministry in Tokyo on Feb. 17. Nakagawa said he will step down after the fiscal 2009 budget and related bills clear the House of Representatives. Nakagawa has been under fire over his unusual behavior at a G-7 news conference in Rome.

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Nakagawa to resign over poor performance at G-7 press conference

TOKYO, Japan - Finance Minister Shoichi Nakagawa announces his resignation during a press conference at the Finance Ministry in Tokyo on Feb. 17. Nakagawa said he will step down after the fiscal 2009 budget and related bills clear the House of Representatives. Nakagawa has been under fire over his unusual behavior at a G-7 news conference in Rome.

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Nakagawa to resign over poor performance at G-7 press conference

TOKYO, Japan - Finance Minister Shoichi Nakagawa announces his resignation during a press conference at the Finance Ministry in Tokyo on Feb. 17. Nakagawa said he will step down after the fiscal 2009 budget and related bills clear the House of Representatives. Nakagawa has been under fire over his unusual behavior at a G-7 news conference in Rome.

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Nakagawa not to quit over G-7 blunder

TOKYO, Japan - Finance Minister Shoichi Nakagawa speaks to reporters in the Diet building in Tokyo on Feb. 17 after a Cabinet meeting. Nakagawa vowed to stay at his post after his wobbly behavior at a press conference in Rome drew fire.

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PM Aso tells Finance Minister Nakagawa to stay in post

TOKYO, Japan - Finance Minister Shoichi Nakagawa listens to questions from reporters at the prime minister's office on Feb. 16 after meeting with Prime Minister Taro Aso. Nakagawa, who came under criticism for what appeared to be drunken behavior at a press conference Feb. 14 after a Group of Seven meeting in Rome, said the prime minister told him to continue to devote himself to serving as finance minister.

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Nakagawa under fire for sloppy behavior at G-7

TOKYO, Japan - Japan's Finance Minister Shoichi Nakagawa listens to questions at a House of Representatives finance panel on Feb. 16. Nakagawa came under fire for what appeared to be drunken behavior at a press conference after a Group of Seven economic powers' meeting in Rome through Feb. 14. Nakagawa said he had taken too much cold medicine.

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Nakagawa under fire for sloppy behavior at G-7

TOKYO, Japan - Finance Minister Shoichi Nakagawa speaks to reporters in the Diet building in Tokyo on Feb. 16 about what appeared to be drunken behavior at a press conference after a two-day meeting of the Group of Seven economic powers in Rome through Feb. 14. Nakagawa said he had taken too much cold medicine.

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Deliberations on 2nd extra budget start in upper house

TOKYO, Japan - Finance Minister Shoichi Nakagawa explains the government's submission of a 4.79 trillion yen second supplementary budget for fiscal 2008 at a House of Councillors Budget Committee session Jan. 19. Deliberations on the budget, which includes a controversial 2 trillion yen cash handout plan, began in the opposition-controlled upper house the same day.

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Diet convenes, debates to focus on extra budget

TOKYO, Japan - Finance Minister Shoichi Nakagawa delivers a fiscal policy speech at a plenary session of the House of Representatives on Jan. 5. The ruling and opposition parties are expected to clash over a supplementary budget for fiscal 2008 presented at the outset of the session.

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MOF presents revised draft FY 2009 budget

TOKYO, Japan - Finance Minister Shoichi Nakagawa responds to questions from reporters at the Finance Ministry on Dec. 22 after the ministry presented a revised draft budget for fiscal 2009 to ministries and agencies which sets aside a total of 353 billion yen for priority policy matters and adjustments, following an instruction from Prime Minister Taro Aso.

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MOF tables record 88.55 trillion yen budget to buoy economy

TOKYO, Japan - Japanese Finance Minister Shoichi Nakagawa speaks during a press conference at his ministry in Tokyo on Dec. 20 after proposing to an extra cabinet meeting a state budget for fiscal 2009, reaching an all-time high of 88,548.0 billion yen.

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Nakagawa discusses market stabilization measures with TSE president

TOKYO, Japan - Finance Minister Shoichi Nakagawa (center) speaks at a meeting with leaders of Tokyo Stock Exchange Group Inc. and the brokerage industry at the Tokyo Stock Exchange building in Tokyo's Chuo Ward on Dec. 8. They met to discuss measures to calm strained stock markets as the government eyes additional steps to stem the fallout from the ongoing global financial crisis.

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Masuzoe seeks tobacco tax hike to finance social security costs

TOKYO, Japan - Health, Labor and Welfare Minister Yoichi Masuzoe talks with Finance Minister Shoichi Nakagawa at the Finance Ministry in Tokyo on Dec. 4. During the meeting, Masuzoe called for raising the tobacco tax to partly finance ballooning social security costs in rapidly aging Japan.

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Gov't to take steps to stabilize markets

TOKYO, Japan - Finance Minister and Financial Services Minister Shoichi Nakagawa speaks about recent volatile movements on stock and currency markets at the Finance Ministry in Tokyo on Oct. 27.

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1.81 tril. yen extra budget enacted

TOKYO, Japan - (From L to R in front) Finance Minister Shoichi Nakagawa, Economic and Fiscal Policy Minister Kaoru Yosano and Prime Minister Taro Aso bow after the opposition-controlled House of Councillors passed into a law a 1.81 trillion yen supplementary budget to support businesses and livelihoods on Oct. 16.

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G-7 reflects Japan's experience of public money injection

WASHINGTON, United States - Japan's Finance Minister Shoichi Nakagawa (L) and Bank of Japan Governor Masaaki Shirakawa hold a news conference in Washington on Oct. 10 after attending a meeting of finance ministers and central governors from the Group of Seven economies.

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Japan to table emergency IMF loan scheme for emerging nations

WASHINGTON, United States - Japan's Finance and Financial Services Minister Shoichi Nakagawa speaks to reporters in Washington on Oct. 9. Nakagawa said Japan propose creating a scheme under the International Monetary Fund to offer emergency loans to emerging nations to assist their efforts to deal with the financial crisis.

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Japan minister welcomes passage of U.S. financial bailout bill

TOKYO, Japan - Finance Minister Shoichi Nakagawa speaks to reporters about the U.S. Congress' passage of a financial bailout bill at Tokyo's Haneda airport on Oct. 4.

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Nakagawa becomes finance minister

TOKYO, Japan - Shoichi Nakagawa, new finance minister and state minister in charge of financial services, speaks at a news conference at the prime minister's office in Tokyo on Sept. 24.

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Abe names new LDP executives

TOKYO, Japan - Liberal Democratic Party leader Shinzo Abe (4th from L) joins hands with new party executives he named on Sept. 25 at the LDP headquarters in Tokyo. The executives (from L to R) are Acting Secretary General Nobuteru Ishihara, General Council Chairman Yuya Niwa, Secretary General Hidenao Nakagawa, Abe, Policy Research Council Chairman Shoichi Nakagawa, the party's upper house caucus leader Mikio Aoki and the caucus Secretary General Toranosuke Katayama.

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Abe names farm minister as LDP's Policy Research Council chief

TOKYO, Japan - Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa, who is named as chairman of the Policy Research Council of the Liberal Democratic Party, heads to meet LDP President Shinzo Abe on Sept. 25.

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New LDP leader Abe names top party executives

TOKYO, Japan - New Liberal Democratic Party President Shinzo Abe named on Sept. 25 former Chief Cabinet Secretary Hidenao Nakagawa (L) as secretary general of the governing party, Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa (C) as chairman of the Policy Research Council, and former health and welfare minister Yuya Niwa as chairman of the decision-making General Council.

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Japan's farm minister disappointed by failed WTO talks

GENEVA, Switzerland - Japan's Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa (L) expresses disappointment at the failure to break a deadlock in global free trade negotiations under the World Trade Organization at a press conference he gave in Geneva on July 1 with Economy, Trade and Industry Minister Toshihiro Nikai (R). ''It is regrettable that our discussions couldn't get to the point where we play our aces. I have to admit I'm returning to Japan without a sense of satisfaction,'' he said after a ministerial meeting.

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WTO talks stalled, possible deal postponed until end-July

GENEVA, Switzerland - Japanese Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa (R) and Economy, Trade and Industry Minister Toshihiro Nikai (L) talk to reporters at a Geneva hotel on July 1 after six major trade powers gave up efforts to break a stalemate in ailing global trade liberalization negotiations under the World Trade Organization and agreed to postpone a possible deal until the end of July.

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Museum honoring ex-wartime straggler Shoichi Yokoi opens

NAGOYA, Japan - Mihoko Yokoi, widow of Shoichi Yokoi, a former Japanese soldier who spent over 26 years in the jungles of Guam without knowing World War II had ended, stands inside a recreated cave in a museum in Nagoya's Nakagawa Ward on June 24. Shoichi Yokoi, who returned to Japan in 1972, spent most of his time in such a cave.

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Japan to agree with U.S. on lifting beef import ban

TOKYO, Japan - Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa speaks at a news conference in Tokyo on June 20 about a possible resumption to Japan of imports of American beef.

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Nakagawa objects to U.S. plan to reduce No. of cows checked for BSE

GENEVA, Switzerland - Japan's Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa (far left) and U.S. Agriculture Secretary Mike Johanns (far right) pose for photos prior to their talks in Geneva on May 2. Nakagawa told Johanns that reducing the number of cows to be checked for mad cow disease is never likely to be accepted positively in Japan.

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Key WTO members fail to plug gaps in talks to promote Doha Round

LONDON, England - Japan's trade minister Toshihiro Nikai (far right) and farm minister Shoichi Nakagawa (2nd from R) attend a joint press conference with EU Trade Commissioner Peter Mandelson (C) and other ministers at the end of their two-day meeting in London on March 11. The ministers from six major World Trade Organization economies failed to make tangible progress in promoting the current Doha Round of global trade liberation talks.

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U.S. asks Japan to resume American beef imports

LONDON, Britain - U.S. Agriculture Secretary Mike Johanns (L) meets with Japanese Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa in London on March 10.

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USDA unveils investigation report on beef exports to Japan

TOKYO, Japan - Japanese farm minister Shoichi Nakagawa speaks with journalists after his talks with U.S. Ambassador to Japan Thomas Schieffer on U.S. beef exports to Japan on Feb. 17. U.S. Agriculture Secretary Mike Johanns announced in Washington a report into how banned material found its way into a U.S. beef shipment to Japan, and what measures are being taken to prevent a recurrence.

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USDA unveils investigation report on beef exports to Japan

TOKYO, Japan - U.S. Ambassador to Japan Thomas Schieffer answers media questions following his talks with Japanese farm minister Shoichi Nakagawa in Tokyo on Feb. 17. U.S. Agriculture Secretary Mike Johanns announced in Washington a report into how banned material found its way into a U.S. beef shipment to Japan, and what measures are being taken to prevent a recurrence.

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Farm minister refuses to resign over mad cow row

TOKYO, Japan - Agriculture minister Shoichi Nakagawa (R) replies to opposition questions before the House of Councillors Budget Committee as Prime Minister Junichiro Koizumi (far lest) listens on Feb. 1. Nakagawa countered opposition calls for his resignation over his ministry's decision on resumption of beef imports from the U.S.

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Farm minister apologizes over U.S. beef import resumption

TOKYO, Japan - Agriculture, Forestry and Fisheries Minister Shoichi Nakagawa speaks at a House of Representatives Budget Committee session on Jan. 30. He apologized for the government's failure to keep its promise to send officials to check U.S. beef processors prior to resuming U.S. beef imports last month.