 The Kaishintō was founded by Ōkuma Shigenobu on 16 April 1882, with the assistance of Yano Ryūsuke, Inukai Tsuyoshi and Ozaki Yukio.It received financial backing by the Mitsubishi "zaibatsu," and had strong support from the Japanese press, and urban intellectuals.The "Kaishintō" pursued a moderate approach, calling for a British-style constitutional monarchy within the framework of a parliamentary democracy.