{"id":15008,"date":"2025-10-04T09:51:29","date_gmt":"2025-10-04T09:51:29","guid":{"rendered":"https:\/\/infundpros.com\/?p=15008"},"modified":"2025-10-04T09:51:30","modified_gmt":"2025-10-04T09:51:30","slug":"japan-set-for-first-female-pm-after-sanae-takaichi-wins-leadership-race","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=15008","title":{"rendered":"Japan set for first female PM after Sanae Takaichi wins leadership race"},"content":{"rendered":"<div>\n<p>Unlock the Editor\u2019s Digest for free<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=3c020865-3984-48b4-844a-aac03231a724\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Sanae Takaichi is poised to become Japan\u2019s first-ever female prime minister after the country\u2019s ruling Liberal Democratic party elected her as its new president in a tightly contested leadership race.<\/p>\n<p>Takaichi, 64, a hardline conservative who models herself on former UK prime minister Margaret Thatcher, defeated her closest rival Shinjiro Koizumi in a second-round run-off on Saturday.\u00a0Takaichi\u2019s victory defied pre-vote polling, much of which had pointed to a win for Koizumi.<\/p>\n<p>Takaichi is a political veteran who has held multiple cabinet positions and was a big supporter of the late Shinzo Abe\u2019s \u201cAbenomics\u201d policies. She will immediately replace outgoing prime minister Shigeru Ishiba as head of the LDP.\u00a0<\/p>\n<p>But she inherits a ruling party that faces rising geopolitical threats and strained relations with Japan\u2019s most important ally, the US, over tariffs on its important export industries and defence commitments.<\/p>\n<p>\u201cRather than feeling happy now,\u201d said Takaichi, who had twice previously sought the party\u2019s leadership, \u201cI feel that the future is truly difficult.\u201d<\/p>\n<p>The LDP, which has ruled Japan for all but a handful of the past 70 years, has a fragile hold on power through its coalition with the smaller Komeito party. <\/p>\n<p>It lost its majority in both houses of parliament under Ishiba, who lasted just one year in the job, meaning Takaichi will be forced to seek the support of one or more opposition parties to be confirmed as prime minister in a vote scheduled for October 15. The party has made similar ad hoc deals with opposition parties to pass legislation and budgets.<\/p>\n<p>If Takaichi secures the premiership \u2014 a result by no means assured \u2014 she will have less than two weeks to prepare for US President Donald Trump\u2019s visit to Japan.<\/p>\n<p>The LDP\u2019s slow-burning crisis has been brought to a head by the defection of its traditional supporters to small populist parties as inflation, demographics and immigration have risen to the forefront of public concerns. Younger voters have been especially strident in rejecting the LDP.<\/p>\n<p>Takaichi, a nationalist who favours tighter restrictions on immigration and commands strong support among the LDP\u2019s rank and file, told the party that all members must work \u201clike horses\u201d.<\/p>\n<p>\u201cFor my part, I will be abandoning the concept of work-life balance,\u201d she said, wearing a royal blue suit that recalled her idol Thatcher. \u201cWork! Work! Work! Work! Work!\u201d<\/p>\n<p>Political analysts said that the 10 days before the premiership vote would involve tense negotiations between the LDP and potential partners, the largest of which are not disposed to Takaichi\u2019s strain of conservatism.<\/p>\n<p>Tobias Harris, the biographer of Abe and founder of political consultancy Japan Foresight, said that while Takaichi polled well among former LDP supporters who had recently shifted to smaller parties, her hardline politics risked alienating coalition partner Komeito.<\/p>\n<p>Ahead of the leadership election, Komeito leader Tetsuo Saito said his party would not remain in coalition with an LDP led by Takaichi.<\/p>\n<p>Harris said that the LDP would try to revive its fortunes by pivoting back to \u201cAbeism\u201d, though he questioned the prospects of its success.<\/p>\n<p>\u201cIt is unlikely that Takaichi\u2019s victory will mark the end of the political instability that has prevailed for several years,\u201d he said.<\/p>\n<p>The markets were jittery before Saturday\u2019s election. Takaichi has previously indicated that she favoured a rise in government spending, including on defence.<\/p>\n<p>Analysts at Morgan Stanley predicted that, had another candidate won, the yield on 30-year Japanese government bonds could fall to 3 per cent. A Takaichi victory, they said, could cause the yield to rise to 3.35 per cent.<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.ft.com\/content\/3c020865-3984-48b4-844a-aac03231a724\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlock the Editor\u2019s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanae Takaichi&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15009,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-15008","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Japan set for first female PM after Sanae Takaichi wins leadership race | inFundPros<\/title>\n<meta name=\"description\" content=\"Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sanae Takaichi is poised to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/infundpros.com\/?p=15008\" 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