LDP-POP vote share falls below majority — Is Ishiba administration collapsing?!

10Month27There has been an increasing number of public opinion polls suggesting that even when combined, the ruling Liberal Democratic Party and Komeito would not reach a majority in the House of Representatives election in July. If the ruling coalition falls short of a majority, Prime Minister Ishiba is likely to resign taking responsibility. We examined the potential political developments and the impact on financial markets if that happens.