6 Articles
6 Articles
The strength of the LDP's factions and old factions has changed following major elections for both the House of Representatives and the House of Councillors less than a year ago. Following the results of the House of Councillors election held on the 20th, the number of lawmakers from the former Abe faction will be reduced by around 40% from the time of the party presidential election in September 2024. The size of the former largest faction, whi…
[Yomiuri Shimbun] The winners of the 27th House of Councillors election, which took place on the 20th, were confirmed on the afternoon of the 21st. The seats won by each party were as follows: LDP 39 seats, Komeito 8 seats, Constitutional Democratic Party 22 seats, Japan Restoration Party 7 seats, Communist Party 3 seats, Democratic Party for the People 17 seats, Sakigake Party 14 seats, Social Democratic Party 15 seats, and 16 seats.
Hedge funds slash Japan equity exposure ahead of upper house election
Global hedge funds sharply reduced their holdings in Japanese stocks last week at the fastest pace of selling in nearly two and a half months, just ahead of Japan’s upper house election on Sunday, according to a report by Reuters. The report cites a Goldman Sachs prime brokerage report as highlighting the sell-off ahead of the election which dealt a significant setback to Prime Minister Shigeru Ishiba and his ruling Liberal Democratic Party (LDP…
Constitutional Democratic Party newcomer Kojima Tomoko (64), who won her first election in the Mie constituency (one seat up for election), received 40.58% of the votes, beating out three Liberal Democratic Party incumbent Yoshikawa Yumi (51) and others in 18 cities and towns in the prefecture, mainly in the northern and central areas. Kojima's vote share was the highest by city and town in her hometown of Odai Town, at 53.03%. In her base of Ku…
The results of the House of Councillors election were a vote of no confidence in the LDP-Komeito government, and would have meant a shift in power to the opposition parties. However, there are no signs of unity among the opposition parties. Prime Minister Ishiba Shigeru took advantage of this situation and quickly announced at a press conference on the 21st that he would continue in his position.
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