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8h ago

Asahi Poll Points to Takaichi’s LDP Landslide in Feb. 8 Snap Election

Such a result would strengthen her mandate for expansionary fiscal policy.

Japan's Prime Minister and ruling Liberal Democratic Party (LDP) leader, Sanae Takaichi, makes a fist as she addresses LDP lawmakers during the party lawmakers' meeting ahead of the dissolution of the lower house of parliament in Tokyo, Japan, January 23, 2026. REUTERS/Issei Kato
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Overview

  • The Asahi survey projects the Liberal Democratic Party clearing the 233-seat majority in the 465-member lower house, with the LDP and Ishin together nearing 300 seats.
  • The largest opposition group, the Centrist Reform Alliance, is shown struggling and could lose about half of its 167 seats.
  • Prime Minister Sanae Takaichi dissolved parliament last month and set the snap lower house vote for February 8 to seek support for reflationary policies.
  • Markets fell broadly last month after her pledge to suspend the 8% food levy for two years, reviving concerns over fiscal discipline in a country with debt exceeding twice GDP.
  • Analysts caution that a sweeping victory could increase the likelihood of expansionary measures and put upward pressure on Japanese government bond yields.