Moneycontrol PRO
Outskill Genai
HomeNewsWorldJapan's governing party to choose its head, will also be new PM on September 27

Japan's governing party to choose its head, will also be new PM on September 27

The internal election must be held by the end of September, which marks the end of Prime Minister's Fumio Kishida's three-year term and will only include the party's parliamentarians and its 1.1 million dues-paying members

August 20, 2024 / 14:45 IST
Last week, Kishida — who took office in October 2021 — said he was bowing out of the race to pave the way for a new leader

Japan's ruling party said Tuesday it will hold a vote on September 27 to choose its new leader after Prime Minister Fumio Kishida's surprise announcement that he will be stepping down.

The internal election must be held by the end of September, which marks the end of Kishida's three-year term and will only include the party's parliamentarians and its 1.1 million dues-paying members. The winner will be the head of the Liberal Democratic Party and the country's prime minister as the party and its smaller coalition partner control Japan's two-chamber parliament.

Last week, Kishida — who took office in October 2021 — said he was bowing out of the race to pave the way for a new leader to form a united LDP to make a fresh start to regain public trust, badly hurt by the party's extensive corruption scandal, causing his support ratings to dip below 20 per cent.

Within days of the prime minister's declaration, local media has speculated nearly a dozen possible candidates, with some already announcing their interest in leading a party desperate for public support.

A younger lawmaker, former Economic Security Minister Takayuki Kobayashi, 49, was the first to announce his candidacy Monday. Others whose names have been floated around as possible candidates include former Environment Minister Shinjiro Koizumi, 43, three of the party's female veterans, Foreign Minister Yoko Kamikawa, Economic Security Minister Sanae Takaichi and former Gender Equality Minister Seiko Noda, as well as past runner-ups, Digital Minister Taro Kono as well as former Defense Minister Shigeru Ishiba who is an all-time favorite among the general public.

Each candidate needs support from 20 party lawmakers to run which usually requires time to drum up.

The LDP election committee chief Ichiro Aisawa said Tuesday that his party takes seriously the loss of public trust due to the scandals and that it has set a 15-day campaign period, instead of the usual 12 days, beginning September 12 so voters have more time to study the candidates' visions and policies. He also called on potential candidates to make their campaign as frugal as possible, “taking into consideration the public criticisms over money and politics.” Voters will cast their ballots in a system that divides power between the party's elected lawmakers and its membership at large, with each group getting 50 per cent of the vote The scandal that engulfed the LDP centred on unreported political funds raised through tickets sold for party events. It involved more than 80 LDP lawmakers, mostly belonging to a major party faction previously led by assassinated former Prime Minister Shinzo Abe.

Associated Press
first published: Aug 20, 2024 02:45 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347