was a Japanese jurist, educator and politician. He served as finance minister of Japan three times and was the founder of

Josai University is a private university in Sakado, Saitama, Japan, established in 1965. The predecessor of the school, Jōsai Gakuen Middle School, later Jōsai High School, was founded in 1918. The university is operated by the Josai University Educational Cor ...

Early life and education

Mizuta was born in 1905 in Kamogawa,

Chiba Prefecture is a Prefectures of Japan, prefecture of Japan located in the Kantō region of Honshu. Chiba Prefecture has a population of 6,278,060 (1 June 2019) and has a geographic area of . Chiba Prefecture borders Ibaraki Prefecture to the north, Saitama ...

.The Founder: Mikio Mizuta
''Josai University''. Retrieved 13 December 2013. He held a law degree from

Kyoto Imperial University , or , is a national research university in Kyoto, Japan. Founded in 1897, it is one of the former Imperial Universities and the second oldest university in Japan. The university has ten undergraduate faculties, eighteen graduate schools, and t ...

Career

Mizuta was elected to the

House of Representatives House of Representatives is the name of legislative bodies in many countries and sub-national entities. In many countries, the House of Representatives is the lower house of a bicameral legislature, with the corresponding upper house often ...

in 1946 after

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

. He was a member of the

Liberal Democratic Party Several political parties from around the world have been called the Liberal Democratic Party, Democratic Liberal Party or Liberal Democrats. These parties have usually followed liberalism as ideology, although they can vary widely from very progr ...

(LDP). He was the minister of trade and industry from 23 December 1956 to 10 July 1957. He served as the minister of finance for three terms.Finance Ministers of Japan
''Rulers''. Retrieved 13 December 2013. He was first appointed to the post on 19 July 1960 and was in office until 18 July 1962. During this period Japan suffered a financial crisis running a deficit of $700m in July 1961. It fell on Mizuta to successfully negotiate short term loans with three American banks. Despite his nerves, he chain-smoked his way to a successful outcome using Japan's underlying financial strength as security. Mizuta was the chair of the LDP policy research committee from July 1966 to December 1966 when he was again appointed finance minister. His second ministerial term lasted until 30 November 1968. From 12 January 1970 to 5 July 1971 he was again the chair of the LDP policy research committee. His third term as finance minister was between 5 July 1971 and 7 July 1972. From 25 November 1973 to 11 November 1974 Mizuta served again as the chair of the LDP policy research committee. Mizuta also as Special Envoy to attend Spanish Generalissimo

Francisco Franco Francisco Franco Bahamonde (born Francisco Paulino Hermenegildo Teódulo Franco Bahamonde; 4 December 1892 – 20 November 1975) was a Spanish general and dictator who led the Nationalist faction (Spanish Civil War), Nationalist forces i ...

's Funeral. He founded

in 1965. He was the chancellor and president of it and the house member until his death on 22 December 1976.

Legacy

The house where Mizuta was born in Kamogawa is a nationally registered asset and a public museum run by Josai University.

References

External links

, - , - , - , - , - , - , - {{DEFAULTSORT:Mizuta, Mikio 20th-century Japanese politicians 1905 births 1976 deaths Government ministers of Japan Japanese jurists Kyoto University alumni Liberal Democratic Party (Japan) politicians Members of the House of Representatives (Japan) Ministers of finance of Japan People from Kamogawa, Chiba Politicians from Chiba Prefecture Presidents of universities and colleges in Japan University and college founders