It is now defunct, having joined the Democratic Party of Japan in 2003.

In January 1999, it formed a coalition with the ruling LDP under Keizō Obuchi.

[4] Takeshi Noda as Minister for Home Affairs became its only member in the realigned Obuchi cabinet, later replaced by Toshihiro Nikai as Minister of Transportation.

[5] However, some members of the coalition wanted to stay in the government and eventually formed the breakaway New Conservative Party.

The DPJ did tremendously well, and Hirohisa Fujii became the Secretary General of the Democratic Party of Japan, while Ichiro Ozawa led the Liberal Party faction within the DPJ.