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Politics The race for the next Japanese PM

thomas

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Someone called it "pulling a Joe Biden," though that's a lame comparison:

Japan's Prime Minister Fumio Kishida has announced that he will not seek re-election as the leader of the ruling Liberal Democratic Party (LDP), stating that the party requires a "new start." The 67-year-old veteran of the LDP is anticipated to resign from his position as Prime Minister after a new leader is elected in September. Kishida's support has waned following a corruption scandal involving his party, rising living costs, and a declining yen. His approval ratings had dropped to 15.5% the previous month, marking the lowest figure for a Prime Minister in over a decade.

During a press conference on Wednesday, Kishida expressed the necessity of demonstrating to the public that the Liberal Democratic Party is ready for change. He emphasized the importance of a transparent and open election process and free and open debate. Kishida noted that stepping back from his position would be a clear and understandable step indicating the LDP's willingness to evolve. Within the party, there are concerns about Kishida's ability to lead the LDP to victory in the upcoming general election scheduled for 2025. The LDP has been in power almost continuously since 1955.








Explainer: What you need to know about Japan picking its next prime minister
 
I'm wondering how AI videos & pictures will affect politics in the years ahead if there is not some kind of control over it. I've seen a few on Facebook where they have a well known person talking and the mouth and lips match the sound perfect. Right now , most I see involve animals moving and singing or talking that are amazing in quality. I have a feeling the future battle over censorship vs free speech and government control over private control will be very complicated.
 
Yes, it's going to be bad. We already have people believing hoaxes just based on text content. The realistic fake videos of people will take it to the next level. Scary.
 
The race to become Japan's next leader officially began on Thursday, following Prime Minister Fumio Kishida's unexpected announcement that he would not seek re-election. Several current and former Cabinet members have indicated their intentions to run in next month's leadership election for the ruling Liberal Democratic Party.

Image credit: Kyodo

Chief Cabinet Secretary Hayashi Yoshimasa said the outgoing prime minister had stated that all ministers were welcome to enter the contest. However, Hayashi, believed to be close to Kishida, did not confirm whether he would participate.

Digital Minister Kono Taro and Economic Security Minister Takaichi Sanae have both shown enthusiasm for the leadership role. Kono, known for his reformist approach and adept use of social media, expressed a desire to leverage his extensive ministerial experience. As the son of Kono Yohei, who led the LDP in opposition during the 1990s, Kono Taro has previously served as foreign and defence minister. Takaichi, recognized for her strong security stance, shared her aspiration to strengthen and enrich Japan for future generations and emphasized her commitment to this mission alongside her fellow lawmakers.

Former Economic Security Minister Kobayashi Takayuki, a seasoned fourth-term House of Representatives member and former Finance Ministry official, appeared ready to join the race. He noted that his focus would be on improving his political abilities.

Industry Minister Saito Ken reported receiving numerous calls urging him to run in the presidential election. He mentioned that he is starting to consider these suggestions seriously. Saito has held several ministerial positions throughout his career. Former Defense Minister Ishiba Shigeru, who is popular with the public, LDP Secretary General Motegi Toshimitsu and former Environment Minister Koizumi Shinjiro are also possible contenders.

 
He's tried so many times; perhaps this will be his last shot.


Former Japanese Defense Minister Ishiba Shigeru

In a Kyodo News poll released Monday, former Japanese Defense Minister Ishiba Shigeru emerged as the leading candidate deemed most suitable to succeed Prime Minister Fumio Kishida in the ruling party's presidential election next month. The nationwide telephone survey, conducted over three days starting Saturday, revealed Ishiba with 25.3 per cent support, followed by former Environment Minister Shinjiro Koizumi at 19.6 per cent and Economic Security Minister Sanae Takaichi at 10.1 per cent.

However, among Liberal Democratic Party supporters specifically, Koizumi led with 24.2 per cent, while Ishiba trailed at 21.0 per cent. This suggests that Ishiba is facing challenges in expanding his support base within the party as the leadership race approaches, scheduled for 27 September. The poll follows Prime Minister Kishida's unexpected announcement last week that he will not seek re-election amid a scandal involving slush funds from late last year, which has significantly shaken the LDP.


 
Koizumi Shinjiro, one of the official candidates for the LDP leadership race on 27 September, vowed to clean up politics, initiate discussions on constitutional reform and allow married couples to use dual surnames if he is elected president of the ruling party.



 
@thomas - This is a delayed comment to your earlier post, but in the two paragraphs,

In a Kyodo News poll released Monday, former Japanese Defense Minister Ishiba Shigeru emerged as the leading candidate deemed most suitable to succeed Prime Minister Fumio Kishida in the ruling party's presidential election next month. The nationwide telephone survey, conducted over three days starting Saturday, revealed Ishiba with 25.3 per cent support, followed by former Environment Minister Shinjiro Koizumi at 19.6 per cent and Economic Security Minister Sanae Takaichi at 10.1 per cent.

However, among Liberal Democratic Party supporters specifically, Koizumi led with 24.2 per cent, while Ishiba trailed at 21.0 per cent. This suggests that Ishiba is facing challenges in expanding his support base within the party as the leadership race approaches, scheduled for 27 September. The poll follows Prime Minister Kishida's unexpected announcement last week that he will not seek re-election amid a scandal involving slush funds from late last year, which has significantly shaken the LDP.


only the second paragraph is relevant. Only LDP members (with a weighting of 50% for Diet members and 50% for rank-and-file members) get a vote. What the rest of us think doesn't matter. On that basis, Koizumi may well get in (Mrs Lothor is a fan), though the murky world of factions seems to favour older candidates.
 
The Koizumi name sounded familiar, and sure enough, his father is none other than Koizumi Junichiro. I would think that's quite a feather in his cap.
 

If he had only half the brains his father has.

Anyhow, the three top contenders for the LDP presidency seem to be Ishiba, Koizumi, and Takaichi. The lesser evil of all three would be Ishiba.





There's an excellent article on Ishiba at Tobias Harris' substack Observing Japan. If you are remotely interested in Japanese politics and you want to know why Ishiba is seen as a traitor by the Abe hawks, read this:



The more I read about him, the more I like him:



JT also had a piece on Abe disciple Takaichi, who is the most visible among the top three but most likely too conservative for the general electorate:

 

Ex-defense chief Ishiba elected Japan ruling party leader


 
Amazingly, the runoff took place between Takaichi and Ishiba.

Ishiba 215 votes, Takaichi 194 votes!



 
Again, Tobias Harris provides his illustrious insights on the election of Mr Ishiba:


As much as I want to see a woman at the helm, I am glad Mrs Takaichi didn't make it. She's one of Abe's children and as hawkish and ultra-nationalist as they come. It is troubling enough that she garnered so many votes.

 
Japanese reaction after the President of the LDP election
In the market, as for the aspect Japanese yen sudden rise of " Ishiba shock ", the futures of the Nikkei Stock Average, more than 2,000 yen make a sudden drop at one time, too.
When Ishiba Chief Secretary Shigemoto (67) was elected by LDP presidential election performed voting and counting the ballots of on the afternoon of 27th, the market reacted sensitively. Election of affirmative Ishiba was handed down to an additional rise in interest rates of Bank of Japan, and the yen rose suddenly from a 146 yen to the dollar stand to the 143 yen level in the Tokyo Foreign Exchange Market in several minutes. Sanae Takaichi economic security minister in charge (63) of the active financial group loses, and selling suddenly enlarges even futures of the Nikkei Stock Average because the expectation of the economic ripple effect by the financial dispatch faded. More than 2,000 yen make a sudden drop at one time, and the market presents an aspect of " Ishiba shock ".

There was the scene where Japanese yen posted 1 dollar = 142 yen level late at one time against the dollar in the Tokyo Foreign Exchange Market of the same day. In addition, in the domestic bond market, rise in interest rates expectation of Bank of Japan increased, and the newly-issued 10-year bond government bonds which became the index of the long-term interest rate rose as a result of 0.855% and presidential election at one time from 0.805% before the announcement. Ishiba said that "you respected independency of Bank of Japan" and should do the monetary policy administration during a presidential election and showed an affirmative posture to an addition rise in interest rates of Bank of Japan.

In addition, a thing makes a sudden drop to around 37,700 yen in Nikkei futures by the night business of the Osaka exchange of the same day in December. More than from 39850 yen to 2000 yen of the futures settlement level of the same day (equivalent to the stock prices closing price) became cheaper, too.

The chief Masahiro Ichikawa market strategist of the Mitsui Sumitomo DS asset management explains, "a market disfavored a policy stance of Ishiba indicating the will for reinforcement of the finance income taxation to focus on finance reform, and to impose on the sale gain of stocks". Selling of the Japanese stock is more likely to go up because of futures leadership and considers that downturn pressure works to the Nikkei Stock Average of the beginning of the week.
 
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