After Koizumi's Liberal Democratic Party crushing victory in the 2005 General Election, Takenaka assumed his last position as Minister of Internal Affairs and Communications, in charge of Japan Post privatization. He further attempted to privatize the national public broadcaster NHK but Koizumi did not agree and the attempt was stalled. On 15 September 2005, he announced his retirement from politics. On 28 September his resignation from the House of Councillors was permitted. On 29 September, he submitted a resignation letter to the Liberal Democratic Party, which was agreed on 11 November. On the same day his return to Keio University was disclosed. Now, he is the Chairman of Pasona facing multiple unethical business conducts over the Tokyo Olympics games. References External links Official website Profile at Prime Minister's Office Japan acts to address banks' bad debt crisis, October 2002 article in The Independent Official announcement of Plan for Financial Revival (so-called Takenaka Plan) 1951 births Living people Japanese chairpersons of corporations Harvard University alumni Hitotsubashi University alumni Japanese corporate directors 20th-century Japanese economists 21st-century Japanese economists Academic staff of Keio University Members of the House of Councillors (Japan) Ministers of Internal Affairs of Japan Osaka University alumni Academic staff of Kansai University Academic staff of Osaka University People from Wakayama (city) University of Pennsylvania alumni Columbia University people