
Japan heads to polls in key test for Prime Minister Ishiba
Opinion polls suggest Ishiba's Liberal Democratic Party and coalition partner Komeito may fall short of the 50 seats needed to retain control of the 248-seat upper house of parliament in an election where half the seats are up for grabs.
The polls show that smaller opposition parties pushing for tax cuts and increased public spending are set to gain, among them the right-wing Sanseito, which vows to curb immigration, oppose foreign capital inflows and reverse gender equality moves.
'I am attending graduate school but there are no Japanese around me. All of them are foreigners,' said Yu Nagai, a 25-year-old student who said he voted for Sanseito.
'When I look at the way compensation and money are spent on foreigners, I think that Japanese people are a bit disrespected,' Nagai said.
Voting ends at 8 p.m. (1100 GMT), when media are expected to project results based on exit polls.
A poor showing by the coalition could shake investor confidence in the world's fourth-largest economy and disrupt critical trade talks with the United States, analysts said.
Ishiba may have to choose between making way for a new LDP leader or scrambling to secure the backing of some opposition parties with policy compromises, said Rintaro Nishimura, an associate at the Asia Group in Japan.
'Each scenario requires the LDP and Komeito to make certain concessions, and will be challenging, as any potential partner has leverage in the negotiations.'
After the election, Japan faces a deadline of August 1 to strike a trade deal with the United States or face punishing tariffs in its largest export market.
Such import levies could squeeze the economy and further pressure the government to give financial relief to households already reeling from inflation, including a doubling of rice prices since last year.
Japan will continue trade talks with US for mutually beneficial deal, Ishiba says
With an eye on a jittery government bond market, the LDP has called for fiscal restraint and rejected opposition calls for major tax cuts and welfare spending to soften the blow.
Ishiba's administration lost its majority in the more powerful lower house in October.
That was the LDP's worst showing in 15 years, roiling financial markets and leaving the prime minister vulnerable to no-confidence motions that could topple his administration and trigger a fresh general election.
'The LDP has been running the government without resolving anything,' said Kaoru Kawai, a 59-year-old novelist who voted for the opposition Constitutional Democratic Party of Japan.
Ruled by the LDP for most of the post-war period, Japan has so far largely avoided the social division and fracturing of politics seen in other industrialised democracies.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Recorder
an hour ago
- Business Recorder
Yuan holds steady against dollar
HONG KONG: China's yuan held steady despite US dollar strength on Friday, as the central bank continued to guide the currency with a firm fix. The dollar was headed for a second straight weekly gain against major peers, buoyed by solid US economic data that supported the view the Federal Reserve can afford to wait a while longer before cutting interest rates again. Prior to the market opening, the People's Bank of China set the midpoint reference rate at 7.1498 per dollar. That was slightly weaker than Thursday's fixing, which was the strongest since November last year, but was still 238 pips firmer than a Reuters' estimate. The spot yuan is allowed to trade 2% either side of the fixed midpoint each day. Based on Friday's official guidance, the yuan is allowed to drop as far as 7.2928. 'Policymakers may be more confident after China posted solid Q2 growth of 5.2%,' DBS analysts wrote in a note on Friday. Washington's tone towards US-China trade has also noticeably softened this week, with the White House now reversing its stance and allowing Nvidia to resume sales of its less advanced AI chips to China, they added. 'Allowing a firmer RMB would also mean that currency issues would be less of a bugbear in trade negotiations with the US' By 0316 GMT, the yuan was little changed at 7.1806 to the dollar. It has slipped 0.2% against the dollar this month, but has appreciated 1.7% so far this year. Its offshore counterpart traded at 7.1835 yuan per dollar, up about 0.01% in Asian trade.


Express Tribune
6 hours ago
- Express Tribune
'Japanese First' party emerges as election force with tough immigration talk
Japan's Sanseito party leader Sohei Kamiya speaks to the members of the media on the day of upper house election, at the party's headquarters in Tokyo, Japan, July 20, 2025. Photo: Reuters The fringe far-right Sanseito party emerged as one of the biggest winners in Japan's upper house election on Sunday, gaining support with warnings of a "silent invasion" of immigrants, and pledges for tax cuts and welfare spending. Birthed on YouTube during the COVID-19 pandemic spreading conspiracy theories about vaccinations and a cabal of global elites, the party broke into mainstream politics with its "Japanese First" campaign. Public broadcaster NHK projected the party to win as many as 22 seats, adding to the single lawmaker it secured in the 248-seat chamber three years ago. It has only three seats in the more powerful lower house. "The phrase Japanese First was meant to express rebuilding Japanese people's livelihoods by resisting globalism. I am not saying that we should completely ban foreigners or that every foreigner should get out of Japan," Sohei Kamiya, the party's 47-year-old leader, said in an interview with local broadcaster Nippon Television after the election. Read: Israeli fire kills 67 people seeking aid in Gaza as hunger worsens Prime Minister Shigeru Ishiba's Liberal Democratic Party and its coalition partner Komeito will likely lose their majority in the upper house, leaving them further beholden to opposition support following a lower house defeat in October. "Sanseito has become the talk of the town, and particularly here in America, because of the whole populist and anti-foreign sentiment. It's more of a weakness of the LDP and Ishiba than anything else," said Joshua Walker, head of the US non-profit Japan Society. In polling ahead of Sunday's election, 29% of voters told NHK that social security and a declining birthrate were their biggest concern. A total of 28% said they worried about rising rice prices, which have doubled in the past year. Immigration was in joint fifth place with 7% of respondents pointing to it. "We were criticized as being xenophobic and discriminatory. The public came to understand that the media was wrong and Sanseito was right," Kamiya said. Kamiya's message grabbed voters frustrated with a weak economy and currency that has lured tourists in record numbers in recent years, further driving up prices that Japanese can ill afford, political analysts say. Japan's fast-ageing society has also seen foreign-born residents hit a record of about 3.8 million last year, though that is just 3% of the total population, a fraction of the corresponding proportion in the United States and Europe. Inspired by Trump Kamiya, a former supermarket manager and English teacher, told Reuters before the election that he had drawn inspiration from US President Donald Trump's "bold political style". He has also drawn comparisons with Germany's AfD and Reform UK although right-wing populist policies have yet to take root in Japan as they have in Europe and the United States. Post-election, Kamiya said he plans to follow the example of Europe's emerging populist parties by building alliances with other small parties rather than work with an LDP administration, which has ruled for most of Japan's postwar history. Sanseito's focus on immigration has already shifted Japan's politics to the right. Just days before the vote, Ishiba's administration announced a new government taskforce to fight "crimes and disorderly conduct" by foreign nationals and his party has promised a target of "zero illegal foreigners". Also Read: Trump says he will help Afghans stuck in the UAE Kamiya, who won the party's first seat in 2022 after gaining notoriety for appearing to call for Japan's emperor to take concubines, has tried to tone down some controversial ideas formerly embraced by the party. During the campaign, Kamiya, however, faced a backlash for branding gender equality policies a mistake that encourage women to work and keep them from having children. To soften what he said was his "hot-blooded" image and to broaden support beyond the men in their twenties and thirties that form the core of Sanseito's support, Kamiya fielded a raft of female candidates on Sunday. Those included the single-named singer Saya, who clinched a seat in Tokyo. Like other opposition parties Sanseito called for tax cuts and an increase in child benefits, policies that led investors to fret about Japan's fiscal health and massive debt pile, but unlike them it has a far bigger online presence from where it can attack Japan's political establishment. Its YouTube channel has 400,000 followers, more than any other party on the platform and three times that of the LDP, according to Sanseito's upper house breakthrough, Kamiya said, is just the beginning. "We are gradually increasing our numbers and living up to people's expectations. By building a solid organization and securing 50 or 60 seats, I believe our policies will finally become reality," he said.


Business Recorder
20 hours ago
- Business Recorder
Japan heads to polls in key test for Prime Minister Ishiba
TOKYO: Japanese voters headed to the polls on Sunday in a tightly contested upper house election that could unleash political turmoil, with rising prices and immigration concerns threatening to weaken Prime Minister Shigeru Ishiba's grip on power. Opinion polls suggest Ishiba's Liberal Democratic Party and coalition partner Komeito may fall short of the 50 seats needed to retain control of the 248-seat upper house of parliament in an election where half the seats are up for grabs. The polls show that smaller opposition parties pushing for tax cuts and increased public spending are set to gain, among them the right-wing Sanseito, which vows to curb immigration, oppose foreign capital inflows and reverse gender equality moves. 'I am attending graduate school but there are no Japanese around me. All of them are foreigners,' said Yu Nagai, a 25-year-old student who said he voted for Sanseito. 'When I look at the way compensation and money are spent on foreigners, I think that Japanese people are a bit disrespected,' Nagai said. Voting ends at 8 p.m. (1100 GMT), when media are expected to project results based on exit polls. A poor showing by the coalition could shake investor confidence in the world's fourth-largest economy and disrupt critical trade talks with the United States, analysts said. Ishiba may have to choose between making way for a new LDP leader or scrambling to secure the backing of some opposition parties with policy compromises, said Rintaro Nishimura, an associate at the Asia Group in Japan. 'Each scenario requires the LDP and Komeito to make certain concessions, and will be challenging, as any potential partner has leverage in the negotiations.' After the election, Japan faces a deadline of August 1 to strike a trade deal with the United States or face punishing tariffs in its largest export market. Such import levies could squeeze the economy and further pressure the government to give financial relief to households already reeling from inflation, including a doubling of rice prices since last year. Japan will continue trade talks with US for mutually beneficial deal, Ishiba says With an eye on a jittery government bond market, the LDP has called for fiscal restraint and rejected opposition calls for major tax cuts and welfare spending to soften the blow. Ishiba's administration lost its majority in the more powerful lower house in October. That was the LDP's worst showing in 15 years, roiling financial markets and leaving the prime minister vulnerable to no-confidence motions that could topple his administration and trigger a fresh general election. 'The LDP has been running the government without resolving anything,' said Kaoru Kawai, a 59-year-old novelist who voted for the opposition Constitutional Democratic Party of Japan. Ruled by the LDP for most of the post-war period, Japan has so far largely avoided the social division and fracturing of politics seen in other industrialised democracies.