Latest Posts

Japan’s ruling party lawmakers start voting for new leader and next PM

(C) Reuters. FILE PHOTO: Candidates for the presidential election of the ruling Liberal Democratic Party pose with papers with their sign and words prior to a debate session held by Japan National Press Club September 18, 2021 in Tokyo, Japan. The contenders are (L to

By Antoni Slodkowski and Ju-min Park

TOKYO (Reuters) -Lawmakers in Japan’s ruling party began voting for a new leader on Wednesday who will almost certainly become the next prime minister ahead of a general election due in weeks and with the economy staggering from the COVID-19 pandemic.

Running for the top post https://www.reuters.com/world/asia-pacific/possible-candidates-become-japans-next-prime-minister-2021-09-08 are popular vaccine minister Taro Kono, 58, a U.S.-educated former defence and foreign minister seen as a maverick; ex-foreign minister Fumio Kishida, 64, a consensus-builder saddled with a bland image; former internal affairs minister Sanae Takaichi, 60, an ultra-conservative; and Seiko Noda, 61, from the party’s dwindling liberal wing.

The leadership election is shaping up to be a showdown between Kono and Kishida.

“I did all I had to do. Next is just to wait for a call,” Kono told reporters, according to Kyodo.

With his support in tatters ahead of the election, Prime Minister Suga surprisingly announced he would step down after only a year as the Liberal Democratic Party (LDP) leader at the scheduled Sept. 29 party leadership vote.

The LDP’s parliamentary members, including Suga and former prime minister Shinzo Abe, gathered in the ballroom of a Tokyo hotel to cast their votes from 1:00 p.m. Japan time (0400 GMT).

Rank-and-file party members have been voting for several days. Results from all ballots are scheduled to be announced at 2:20 p.m.

If any candidate gets a clear majority, though projections show it is unlikely, that person will become the winner.

If not, the top two candidates in the first round will immediately go into a run-off vote https://www.reuters.com/article/japan-politics-election-idINL1N2QU073. The results of the second round of voting are expected around 3:40 p.m.

The new party chief is expected to become the next prime minister as the LDP holds a majority in the parliament’s powerful lower house, but the contest has created political uncertainty in Japan with four candidates.

Last year, LDP factions rallied around Suga after Abe quit following his nearly eight-year tenure, citing ill-health. But Suga’s ratings tanked over his handling of the pandemic, prompting him to announce his departure ahead of a general election that must be held by Nov. 28.

This time, the race to become the country’s next leader is too close to call. Most factions are not unified and votes from rank-and-file members are counted, as opposed to last year.

Kono has the highest numbers in public polls, but Kishida leads among lawmakers, predictions show, as senior party bosses see him more stable.

Grassroot LDP members and rookie lawmakers have emerged as a force https://www.reuters.com/world/asia-pacific/junior-japanese-lawmakers-emerge-force-wide-open-pm-race-2021-09-27 in the brief campaign preceding the votes, seen more likely to be swayed by popularity ratings.

But rank-and-file members will have less say in the run-off, as the second-round vote https://www.reuters.com/world/asia-pacific/japan-pm-suga-is-stepping-down-whats-next-japans-political-calendar-2021-09-07 gives greater weight to parliamentarians, potentially boosting Kishida’s chances against Kono.

In case of the run-off, Takaichi, a contender in third, has agreed to support Kishida, Sankei Newspaper reported on Wednesday.

Out of 47 prefectures, Kono has finished top in rank-and -file party member voting in 20 prefectures including Tokyo, while Kishida in four prefecutre, Jiji reported.

A win by Kono or Kishida is unlikely to trigger a huge shift in policies as Japan seeks to cope with an assertive China and revive an economy hit by the pandemic, but Kono’s push for renewable energy https://www.reuters.com/world/asia-pacific/renewable-energy-firms-pin-hopes-taro-kono-winning-race-japan-pm-2021-09-24 and to remove bureaucratic obstacles to reform have made him appealing to investors and business chiefs.

Takaichi has been more outspoken on hotbutton issues such as acquiring the ability to strike enemy missile launchers. She has also made clear that as premier, she would visit the Yasukuni Shrine https://www.reuters.com/world/asia-pacific/japan-pm-contenders-support-taiwans-trade-pact-application-2021-09-24 for war dead, seen in Beijing and Seoul as a symbol of Japan’s past militarism. Kono has said he would not.

The candidates have also clashed over cultural values, with Kono favouring legal changes to allow same-sex marriage https://www.reuters.com/article/us-japan-politics-same-sex-marriage-idUSKBN2GO04N and separate surnames for married couples, both anathema to conservatives like Takaichi.

Kono and Kishida have pointed to https://www.reuters.com/world/asia-pacific/key-economic-policy-stances-japans-next-pm-candidates-2021-09-10 the failure of Abe’s signature “Abenomics” mix of expansionary fiscal and monetary policies and growth strategy to benefit households but offered few specifics as to how to fix the flaw, while Takaichi has modelled her “Sanaenomics” on her mentor Abe’s plans.

The next prime minister will continue with expansionary economic policy “for at least another year”, as the pandemic has yet to be contained, said Ryutaro Kono, chief Japan economist at BNP Paribas (OTC:BNPQY).

Latest Posts

Don't Miss