Shigeru Ishiba vows to stay on as Japanese PM after election setback
Exit polls and early returns show the alliance between Mr Ishiba's Liberal Democratic Party and coalition partner Komeito on course for the worst result since it was founded in 1999.
That comes on top of its worst showing in 15 years in October's lower house election, a vote that has left Mr Ishiba's grip on power vulnerable to no-confidence motions and calls from within his own party for leadership change.
Speaking two hours after polls closed to public broadcaster NHK, Mr Ishiba said he "solemnly" accepted the "harsh result".
"It's a difficult situation, and we have to take it very humbly and seriously," he said.
Asked whether he intended to stay on as prime minister and party leader, he said "that's right".
The result also comes as Japan, the world's fourth-largest economy, faces a deadline of August 1 to strike a trade deal with the United States or face punishing tariffs in its largest export market.
"We are engaged in extremely critical tariff negotiations with the United States … we must never ruin these negotiations," Mr Ishiba told TV Tokyo later on Sunday night.
"It is only natural to devote our complete dedication and energy to realising our national interests."
The main opposition Constitutional Democratic Party is projected to win 18 to 30 seats, from 22 held previously, NHK's exit poll showed.
The far-right Sanseito party, birthed on YouTube a few years ago, has been the surprise package with its "Japanese First" campaign and warnings about a "silent invasion" of foreigners.
It is forecast to win 10-15 seats in the chamber, up from one held previously, yet it holds only three seats in the lower house.
Sanseito, which first emerged during the COVID-19 pandemic spreading conspiracy theories about vaccinations and a cabal of global elites, has dragged once-fringe political rhetoric into the mainstream and gained wider support among frustrated voters.
It remains to be seen whether the party can follow the path of other far-right parties with which it has drawn comparisons, such as Germany's AFD and Reform UK.
Japan's oppositional parties advocating for tax cuts and welfare spending have struck a chord with voters, the exit polls showed.
Rising consumer prices — particularly a jump in the cost of rice — have sowed frustration at the government's response.
Reuters
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

ABC News
an hour ago
- ABC News
Liberals present draft 'stability agreement' to Tasmanian crossbenchers as Labor wins 10th seat in Franklin
Tasmanian Premier Jeremy Rockliff has presented a draft "stability agreement" to newly elected independent crossbenchers as he seeks support for a minority Liberal government following Saturday's election. As counting continues, the Liberals have locked in at least 14 seats in the new parliament, the most of any party — but still short of the 18 needed for a majority. Labor has won at least 10 seats, after gaining the final spot in the electorate of Franklin, according to ABC chief elections and data analyst Casey Briggs. At least four independents have also been elected — previous MPs David O'Byrne, Kristie Johnston, and Craig Garland, as well as newcomer Peter George. Carlo Di Falco from the Shooters, Fishers and Farmers party also has a chance to gain a seat in Lyons. Mr Rockliff said he is seeking feedback from each on a draft stability agreement. "And I look forward to meeting with key independents over the course of the next number of days to ensure that I can get their feedback on how what I have presented as a draft can be further improved upon as well." Saturday's snap poll took place after Labor last month moved a successful no-confidence motion against Mr Rockliff, including in his ability to improve the state's soaring debt level. Mr Rockliff said his draft stability agreement would allow the co-development of parliamentary protocols and would feature a "multi-partisan budget panel". "So we can have good discussions prior to the budget and have everyone's input on that," he said. The agreement would also feature "ministerial consultation protocols" and a "crossbench liaison office". The ABC has contacted the elected crossbenchers for their response to Mr Rockliff's approach. Mr Garland, who has been re-elected in the seat of Braddon, said he was pleased to receive the draft agreement and was actively considering it. Earlier on Wednesday, he told ABC Radio Hobart the major parties needed to be open to collaboration if they wanted his support. "Well, there's a lot of talk, and then in the same breath, I hear [them say] 'We're not moving on salmon. We're not moving on native forest logging'. He said he wanted to be included in "budget repair" and the "development of policy". "Those two things, I think, are absolutely crucial with the talk of compromise and working together. "We have to be at the table to have input into that, I think." Other crossbenchers have not yet responded to the ABC. But on Monday, Mr George, who will represent Franklin, posted a video on Facebook in which he suggested the major parties needed to be more flexible in their approach with crossbenchers. "One area of concern is that Labor and Liberal seem to have drawn lines in the sand, saying we won't talk about this, we are going to insist on that," Mr George said. "Well, that's not how minority government works, that' certainly not how collaboration works. "So, a slight warning there, but we will deal with this down the track." A spokesperson said Labor was "working on a similar document but won't be releasing anything publicly before consulting with the cross bench and receiving their feedback". On election night, the party's leader, Dean Winter, indicated he would try to form a minority government if Mr Rockliff was unable to garner enough support from the crossbench.

Sydney Morning Herald
2 hours ago
- Sydney Morning Herald
Here's what the average person with $3 million in super looks like
The average wage-earner who will be hit by Labor's superannuation tax changes is an older man pulling in more than $240,000 a year and living in a major city as the government looks to patch up the budget with its planned tax rise on retirement balances over $3 million. But the analysis of tax numbers from the Association of Superannuation Funds of Australia shows that the median income for people affected by the change is much lower, at $110,000, and just a quarter have an investment property. Labor will need to secure the support of the Greens over coming weeks to pass its legislation, which will lift the concessional tax rate on earnings from the portion of super balances above $3 million from 15 per cent to 30 per cent and which it claims will raise about $2.7 billion in revenue. Only about one in 200 Australians are expected to take a hit when the laws come into effect, but critics have suggested far more people will be affected in coming years if the threshold is not tied to wage growth or inflation. Loading Opposition Leader Sussan Ley this week told the Coalition party room, ahead of the opening of the 48th parliament, that the Coalition would target Labor's tax agenda after leaked Treasury advice urged the treasurer to consider new taxes too boost the budget bottom line. Ley vowed to 'fight them every step of the way'. ASFA's research, based on the latest data from the Australian Tax Office (ATO) during the 2022-23 period, found about 77,400 – or more than nine in 10 affected individuals – have super balances of more than $3 million but less than $10 million. The remaining 7 per cent have between $10 million and $50 million banked up in super, while about 100 Australians – less than 1 per cent of those affected and less than 0.005 per cent of the population – have nest eggs exceeding $50 million.

The Age
2 hours ago
- The Age
Here's what the average person with $3 million in super looks like
The average wage-earner who will be hit by Labor's superannuation tax changes is an older man pulling in more than $240,000 a year and living in a major city as the government looks to patch up the budget with its planned tax rise on retirement balances over $3 million. But the analysis of tax numbers from the Association of Superannuation Funds of Australia shows that the median income for people affected by the change is much lower, at $110,000, and just a quarter have an investment property. Labor will need to secure the support of the Greens over coming weeks to pass its legislation, which will lift the concessional tax rate on earnings from the portion of super balances above $3 million from 15 per cent to 30 per cent and which it claims will raise about $2.7 billion in revenue. Only about one in 200 Australians are expected to take a hit when the laws come into effect, but critics have suggested far more people will be affected in coming years if the threshold is not tied to wage growth or inflation. Loading Opposition Leader Sussan Ley this week told the Coalition party room, ahead of the opening of the 48th parliament, that the Coalition would target Labor's tax agenda after leaked Treasury advice urged the treasurer to consider new taxes too boost the budget bottom line. Ley vowed to 'fight them every step of the way'. ASFA's research, based on the latest data from the Australian Tax Office (ATO) during the 2022-23 period, found about 77,400 – or more than nine in 10 affected individuals – have super balances of more than $3 million but less than $10 million. The remaining 7 per cent have between $10 million and $50 million banked up in super, while about 100 Australians – less than 1 per cent of those affected and less than 0.005 per cent of the population – have nest eggs exceeding $50 million.