NJPW was briefly reaffiliated with the NWA in the late 2000s to the early 2010s as well.
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The promotion was a member of the National Wrestling Alliance (NWA) from 1975 to 1985 and once more from 1992 to 1993. On April 24, 1989, NJPW hosted Battle Satellite, its first show in the Tokyo Dome.
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Inoki would serve as the president of the promotion until 1989, when he was replaced by Seiji Sakaguchi. However, this championship was later abandoned and the current version of the championship was established in 1987. In 1983, Hulk Hogan became the first ever IWGP Heavyweight Champion by defeating Inoki. The company was overseen by its governing body, the International Wrestling Grand Prix.
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The following year, NJPW signed a television deal with NET TV, now known as TV Asahi. The first NJPW event, titled Opening Series, took place on March 6, 1972, in the Ota Ward Gymnasium in Tokyo, to a crowd of 5,000. The promotion was founded by Antonio Inoki on January 13, 1972.
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The promotion is currently owned by Japanese card game company Bushiroad, which parlayed its entry to the world of professional wrestling into a best-selling trading card game, King of Pro Wrestling, and appearances from NJPW stars in its various franchises. NJPW's biggest event is the January 4th at the Tokyo Dome show, held each year since 1992 and currently promoted under the Wrestle Kingdom banner. NJPW is known for openly engaging in working agreements with various MMA and professional wrestling promotions around the world, including WWE, All Elite Wrestling, World Championship Wrestling, Total Nonstop Action Wrestling, WAR, UWFi, Ring of Honor, Pride Fighting Championships, and Jersey All Pro Wrestling. From its creation in 1972 until 1986, it was a member of the National Wrestling Alliance. Owing to its TV program aired on TV Asahi, NJPW is the largest wrestling promotion in Japan in terms of attendance and revenue. Naoki Sugabayashi has served as the Chairman of the promotion since September 2013, while Takami Ohbari has served as the President of the promotion since October 2020.
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TV Asahi and Amuse, Inc. own minority shares of the company. In 2005, Inoki sold the promotion to Yuke's, who later sold it to Bushiroad in 2012. (新日本プロレス株式会社 Shin Nihon Puroresu Kabushiki-Kaisha), operating as New Japan Pro-Wrestling (新日本プロレス Shin Nihon Puroresu) and sometimes referred to as NJPW or simply New Japan, is a major promotion founded in Januby Antonio Inoki.