Shigeru Ishiba, Japan’s prime minister, delivered a campaign speech in Osaka before leaving the stage in a suit. The election, called by Ishiba just days before he officially took office, resulted in the ruling Liberal Democratic Party (LDP) and its smaller coalition partner, Komeito, losing their parliamentary majority for the first time since 2009. Together, they secured 215 seats, falling short of the 233 needed for a governing majority.
Ishiba acknowledged the LDP’s defeat, describing it as a “severe judgment” from voters and pledging to accept the outcome with humility. He emphasized the need for the party to reflect on its actions and align more closely with the people’s will. Amid speculation that he might resign if the LDP lost its majority, Ishiba stated there are no plans to expand the coalition for now.
This electoral setback follows a tumultuous period for the LDP, characterized by scandals, low approval ratings, and widespread voter apathy. Earlier this year, the party’s approval ratings dipped below 20% due to a political fundraising scandal. In response, Ishiba committed to fundamental reforms in political financing and vowed to revitalize rural Japan while addressing inflation.
The largest opposition party, the Constitutional Democratic Party (CDP), won 148 seats but struggled to unite or present a convincing alternative to voters. CDP leader Yoshihiko Noda expressed intentions to collaborate with other parties to challenge the incumbents.
Public sentiment reflects frustration with both the LDP and the opposition. Many voters, like long-time LDP supporter Miyuki Fujisaki, express disillusionment with the lack of clarity and decisive plans from opposition parties.
Despite the electoral outcome, the Nikkei 225 stock index rose by about 1.5%, while the yen weakened against the US dollar. Ishiba’s ascension to prime minister followed Fumio Kishida’s unexpected resignation in August, marking a crucial moment for the LDP as it seeks to regain public trust amid ongoing scandals, including its ties to the controversial Unification Church and various allegations of political corruption.
Public concerns about rising prices are also prominent, as many citizens face increased costs for food and essential services. For instance, pensioner Chie Shimizu noted that she now needs to work part-time to afford basic necessities, highlighting the ongoing economic challenges facing many Japanese households.
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