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Japanese Industry Minister to Disclose Finances Amid Undeclared Funding Scandal

Prime Minister Fumio Kishida Plans Cabinet Reshuffle as Prosecutors Prepare to Investigate

  • Japanese industry minister Yasutoshi Nishimura is under scrutiny for allegations of undeclared funding.
  • Nishimura, Chief Cabinet Secretary Hirokazu Matsuno, and the ruling Liberal Democratic Party's policy chief Koichi Hagiuda are reportedly set to be replaced by Prime Minister Fumio Kishida.
  • The implicated lawmakers are suspected of pocketing more than ¥100 million (US$689,988) of fundraising proceeds that were not declared.
  • Tokyo prosecutors plan to investigate the lawmakers after the current session of parliament ends on Wednesday.
  • Public support for Kishida's government has hit a record low, partly due to concerns over rising costs and potential tax hikes.
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