A historic election victory secured by Japan’s First Female Prime Minister Sanae Takaichi

A historic election victory secured by Japan’s First Female Prime Minister Sanae Takaichi

¨     A historic election victory secured by Japan’s First Female Prime Minister Sanae Takaichi.

¨     On 8 February, a historic election victory was secured by Prime Minister Sanae Takaichi’s coalition in Japan.

¨     The Liberal Democratic Party won 316 seats of the 465 in the lower house, marking its best-ever performance.

¨     A two-thirds supermajority was achieved with coalition partner Ishin, easing legislative approval.

¨     The winter snap election was called to capitalise on strong public approval ratings.

¨     The victory has paved the way for proposed tax cuts and increased defence spending.

¨     Financial markets were unsettled by concerns over funding the proposed sales tax relief.

¨     Youth voters played a key role, with Takaichi gaining popularity for her direct leadership style.