Yasuo Fukuda
Fukuda was born in Takasaki, Gunma, the eldest son of politician (later the 67th Prime Minister) Takeo Fukuda. He grew up in Setagaya, Tokyo, attending Azabu High School and graduating from Waseda University in 1959 with a degree in economics. After university, he joined Maruzen Petroleum (now part of the Cosmo Oil Company). He was only minimally involved in politics over the next seventeen years, working his way up to section chief as a typical Japanese "salaryman". He was posted to the United States from 1962-64. While his father Takeo Fukuda was prime minister from 1976–78, Yasuo became a political secretary. From 1978 to 1989, he was a director of the Kinzai Institute for Financial Affairs, serving as a trustee from 1986 onward.
2008 Liberal Democratic Party (Japan) leadership election
A leadership election was held in the Liberal Democratic Party of Japan on 22 September 2008 after the incumbent party leader and Prime Minister of Japan Yasuo Fukuda announced that he would resign on 1 September 2008, only 11 months after taking office on 25 September 2007 following a leadership election on 23 September 2007. Taro Aso, who had lost to Fukuda in the 2007 leadership election, was widely seen as the frontrunner to replace him, and announced on 2 September 2008 he was ready to take over as party leader. Aso won the leadership election against four opponents, receiving 67% of the vote.