Japan’s Liberal Democratic Party to lose parliamentary majority in snap election, exit polls show

Japan’s Liberal Democratic Party to lose parliamentary majority in snap election, exit polls show


Japan’s Prime Minister Shigeru Ishiba (top C) delivers an election campaign speech in support of the Liberal Democratic Party candidate in Chiba on October 19, 2024. 

Yuichi Yamazaki | Afp | Getty Images

Japan’s Liberal Democratic Party is set to lose its parliamentary majority, with analysis and exit polls by local news suggesting it could even fall short with its coalition partner.

As polls closed at 8 p.m. local time Sunday, the decision desk of NHK, Japan’s national public broadcaster, predicted a tight race. It forecast the LDP wouldn’t be able to reach a majority on its own, adding that it could gain 174 to 254 seats with its coalition partner Komeito. A party or coalition bloc needs to hit the threshold of 233 seats to win power in Japan’s lower house, which has a total of 465 seats.

Nikkei Asia also projected that the LDP was at risk of losing its majority in the lower house, based on “exit surveys of voters and other factors.” The Constitutional Democratic Party (CDP) and the Democratic Party for the People (DPP) are both expected to gain seats, Nikkei Asia added.

It's going to be a 'brutal outcome' for Japan's ruling party in this general election: Professor

Japan’s voters on Sunday headed to the polls in an election that was expected to shake up the ruling Liberal Democratic Party’s control over parliament. If the final results match the projections, then it would be the first time since 2009 that the LDP has lost its majority.

Shigeru Ishiba succeeded Fumio Kishida as prime minister on Oct. 1. He called for a general election on Sept. 30 after winning the party’s election against rival Sanae Takaichi.

The LDP’s election campaign has been dogged by concerns over inflation, as well as corruption scandals which have divided the party.

Ishiba has vowed to reduce the burden on households suffering from rising living costs and showed intentions to boost rural revitalization, as Japan’s countryside suffers from a broader demographic crisis and an aging population. When the slush fund scandal came to light, four cabinet ministers, as well as other senior party officials were replaced by Kishida.



Source

CNBC Daily Open: Traders on edge despite reserve hopes
World

CNBC Daily Open: Traders on edge despite reserve hopes

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters What you need to know today Oil continued its wild ride Tuesday, closing more than 11% lower, as traders believed a group of countries would tap emergency crude reserves to mitigate […]

Read More
Asia-Pacific markets trade higher as investors weigh developments in the Middle East
World

Asia-Pacific markets trade higher as investors weigh developments in the Middle East

Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war. Australia’s S&P/ASX 200 rose 0.35% in early trade. Japan’s Nikkei 225 jumped 1.36%, while the Topix […]

Read More
Russia told Trump they have not shared intelligence with Iran during war, Witkoff says
World

Russia told Trump they have not shared intelligence with Iran during war, Witkoff says

Russian leaders told President Donald Trump during a phone call on Monday that they denied widely reported allegations that they are sharing intelligence with Iran during the United States’s war on that country, U.S. Special Envoy Steve Witkoff said during a CNBC interview on Tuesday. “We can take them at their word,” Witkoff told CNBC’s […]

Read More