The Fort Worth Press - Japan’s right‑turn triumph

USD -
AED 3.673042
AFN 65.000368
ALL 82.050403
AMD 367.380403
ANG 1.790403
AOA 918.000367
ARS 1487.484504
AUD 1.438342
AWG 1.8
AZN 1.70397
BAM 1.711104
BBD 2.014725
BDT 123.291207
BGN 1.69088
BHD 0.37707
BIF 2985
BMD 1
BND 1.291257
BOB 6.923833
BRL 5.122804
BSD 1.000276
BTN 95.289131
BWP 13.527665
BYN 2.859418
BYR 19600
BZD 2.011811
CAD 1.414715
CDF 2258.000362
CHF 0.80843
CLF 0.023501
CLP 924.910396
CNY 6.77695
CNH 6.781985
COP 3253.1
CRC 455.032612
CUC 1
CUP 26.5
CVE 96.903894
CZK 21.237604
DJF 177.720393
DKK 6.547704
DOP 58.703884
DZD 133.20304
EGP 49.611604
ERN 15
ETB 159.37504
EUR 0.87595
FJD 2.232704
FKP 0.745889
GBP 0.74635
GEL 2.640391
GGP 0.745889
GHS 11.46504
GIP 0.745889
GMD 73.503851
GNF 8777.503848
GTQ 7.632579
GYD 209.249425
HKD 7.840655
HNL 26.87504
HRK 6.598304
HTG 130.910459
HUF 311.66704
IDR 18067.2
ILS 3.010904
IMP 0.745889
INR 95.412304
IQD 1310.5
IRR 1374750.000352
ISK 125.603814
JEP 0.745889
JMD 158.048994
JOD 0.70904
JPY 161.692504
KES 129.220385
KGS 87.448804
KHR 4010.00035
KMF 431.00035
KPW 900.00035
KRW 1501.390383
KWD 0.30956
KYD 0.833548
KZT 471.568117
LAK 22550.000349
LBP 89550.000349
LKR 335.597832
LRD 181.625039
LSL 16.320381
LTL 2.95274
LVL 0.60489
LYD 6.405039
MAD 9.355039
MDL 17.579053
MGA 4295.000347
MKD 53.985522
MMK 2099.308371
MNT 3585.696251
MOP 8.076444
MRU 40.075039
MUR 47.150378
MVR 15.460378
MWK 1736.000345
MXN 17.480775
MYR 4.073904
MZN 63.903729
NAD 16.320377
NGN 1378.410377
NIO 36.655039
NOK 9.780376
NPR 152.453273
NZD 1.734955
OMR 0.384484
PAB 1.000262
PEN 3.401039
PGK 4.37975
PHP 61.550504
PKR 278.175038
PLN 3.79105
PYG 6081.391432
QAR 3.646704
RON 4.584404
RSD 102.790373
RUB 77.000311
RWF 1466.5
SAR 3.753815
SBD 8.065041
SCR 14.724861
SDG 600.503676
SEK 9.66049
SGD 1.291704
SHP 0.746601
SLE 24.350371
SLL 20969.503664
SOS 571.503662
SRD 37.610504
STD 20697.981008
STN 21.6
SVC 8.752483
SYP 110.532098
SZL 16.330369
THB 33.302504
TJS 9.257824
TMT 3.51
TND 2.94375
TOP 2.40776
TRY 46.983104
TTD 6.79618
TWD 32.120304
TZS 2630.003038
UAH 44.5007
UGX 3680.71322
UYU 40.332811
UZS 12015.000334
VES 699.349604
VND 26267.5
VUV 120.437365
WST 2.769308
XAF 573.893149
XAG 0.01678
XAU 0.000244
XCD 2.70255
XCG 1.802808
XDR 0.713149
XOF 572.503593
XPF 104.825037
YER 237.103589
ZAR 16.316204
ZMK 9001.203584
ZMW 18.030621
ZWL 321.999592
  • BCC

    3.8200

    76.06

    +5.02%

  • CMSC

    0.0650

    22.085

    +0.29%

  • NGG

    0.2700

    82.59

    +0.33%

  • RBGPF

    5.8500

    67.35

    +8.69%

  • GSK

    0.3100

    52.78

    +0.59%

  • BP

    0.6500

    39.2

    +1.66%

  • BTI

    -0.0151

    60.02

    -0.03%

  • BCE

    0.0600

    21.38

    +0.28%

  • CMSD

    0.0700

    22.38

    +0.31%

  • RELX

    0.3700

    32.44

    +1.14%

  • AZN

    -6.8800

    171.61

    -4.01%

  • JRI

    -0.0200

    13.01

    -0.15%

  • VOD

    1.6400

    14.72

    +11.14%

  • RIO

    1.0500

    90.54

    +1.16%

  • RYCEF

    0.0000

    19.25

    0%


Japan’s right‑turn triumph




Japan’s electoral earthquake on 8 February 2026 signalled the end of an era of cautious centrism. Voters delivered a resounding super‑majority to Prime Minister Sanae Takaichi’s Liberal Democratic Party (LDP), handing the right‑wing leader the most decisive mandate any Japanese premier has enjoyed since the party’s formation in 1955. Exit polls and the final count put the LDP on 316 seats, well above the 261 seats needed for an absolute majority and far beyond the 300‑seat record set by Yasuhiro Nakasone four decades earlier. Together with its new ally, the Japan Innovation Party, the governing coalition now controls 352 of 465 seats in the lower house, enabling Takaichi to override the upper chamber and pursue policies once deemed politically impossible.

An electorate fed up with drift
The early election was a gamble. After becoming Japan’s first female prime minister in October 2025, Takaichi faced a fractured legislature, slumping support and a party still tainted by a slush‑fund scandal. She called a snap election only three months into the job and promised to resign if she failed to secure a majority. Voters responded not just by endorsing her but by signalling fatigue with years of timid leadership and incremental reform. Snowstorms and travel disruptions kept turnout modest — about 55.6 % — yet those who braved the weather rewarded a leader who projected strength and clarity.

Takaichi’s popularity stems from what supporters call “Sanaenomics”. The three‑pillar programme promises massive investment in national crisis management and public‑private partnerships, an expansionary fiscal policy financed by unprecedented deficit spending, and a challenge to the Bank of Japan’s independence, shifting control of monetary policy to the government. In the campaign she offered a ¥21 trillion stimulus package and pledged to suspend the 8 % consumption tax on food for two years. Such largesse unsettles investors in a country whose public debt already exceeds 230 % of GDP, but Takaichi argues that reviving growth and lifting wages require a decisive break with monetary orthodoxy.

A hard‑line agenda
Takaichi is no pragmatist in foreign and security policy. Born in 1961, she entered politics in 1996 and rose through the LDP as a nationalist firebrand. Like her mentor Shinzō Abe, she has long advocated revising Article 9 of the constitution to formalise Japan’s Self‑Defence Forces and supports further military spending. As minister for economic security she proposed restricting foreign ownership of land near strategic sites and drafted a spy‑prevention law to counter foreign interference. During the campaign she provoked Beijing by suggesting that Japan could intervene militarily should China attempt to seize Taiwan, an assertion that led China to urge its citizens to avoid Japan and to halt panda exchanges. Instead of apologising, Takaichi doubled down, and her defiance resonated with voters who fear China’s assertiveness and North Korea’s missile tests.

The landslide also reflects deep unease over immigration and social change. Japan’s foreign‑resident population is rising — officials warn it could exceed 10 % by 2040 — and Takaichi has made tighter controls a centrepiece of her platform. She wants to review foreign investment, limit property acquisitions and curtail what she calls exploitation of lax tourism visas. Yet she balances these hard‑edged views with promises of family‑friendly policies, such as tax breaks for childcare and corporate incentives to provide in‑house nurseries. She also pledges to increase women’s representation in politics but resists calls to let women ascend the imperial throne or to allow married couples to retain separate surnames.

Implications at home and abroad
With a super‑majority secure, Takaichi can now pursue her agenda without worrying about another national election until 2028. Economists warn that cutting consumption taxes and further borrowing could exacerbate currency volatility and spook markets. She faces the herculean task of reviving growth while contending with stagflation — rising prices and stagnant wages — and a rapidly ageing population. The electorate’s patience may be limited if living standards do not improve.

Internationally, Japan’s rightward turn complicates regional diplomacy. Relations with China are at a post‑Cold War low after Takaichi’s comments on Taiwan and her regular offerings to the Yasukuni Shrine, which honours Japan’s war dead and is seen in Beijing and Seoul as a symbol of militarism. At the same time, she has strengthened ties with the United States, hosting President Donald Trump in Tokyo just days after taking office. Trump congratulated her on social media for the “conservative, peace‑through‑strength agenda”, while critics warn that closer alignment with Washington could further inflame tensions with neighbours. Within Japan, the opposition’s failure to unite means Takaichi faces little organised resistance; the Centrist Reform Alliance lost half of its pre‑election seats, and smaller parties remain divided.

Where next for Japan?
The landslide that catapulted Sanae Takaichi into near‑unchallenged power is both a mandate and a warning. It shows that many Japanese are fed up with drift and are willing to embrace a hard‑line leader who promises rapid change. But it also means that the checks and balances of coalition politics have weakened. Takaichi must now translate populist slogans into sustainable policies — restoring growth, managing debt, balancing defence with diplomacy and addressing demographic decline. Whether her nationalist agenda heralds a new chapter for Japan or simply deepens divisions at home and abroad will be watched closely in Tokyo, Beijing and Washington.