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

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings
World

Fertitta in weekend deal talks to acquire Caesars, while billionaire Carl Icahn waits in the wings

Caesars Palace Las Vegas Hotel and Casino located along the Las Vegas Strip in Las Vegas, Nevada Robert Alexander | Getty Images Tilman Fertitta’s Fertitta Entertainment is actively negotiating a deal to acquire Caesars Entertainment, according to sources close to the situation. The deal terms currently stand at $32 per share, with an equity value […]

Read More
The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising
World

The biggest release of emergency oil stockpiles in history was announced. Why crude may keep rising

The oil market sent a clear signal this week that a massive release of stockpiled crude by the U.S. and its allies is nowhere near enough to address the unprecedented supply disruption triggered by the Iran war. More than 30 nations in Europe, North America and Northeast Asia agreed to flood the market with 400 […]

Read More
Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters
World

Some oil-loading operations in UAE hub of Fujairah suspended after fire: Reuters

Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. (Photo by AFP via Getty Images) / – | Afp | Getty Images Some oil-loading operations have been suspended in Fujairah, a city in the United Arab Emirates and a key bunkering hub, after a fire […]

Read More