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A reckless risk or calculated gamble?

Japanese prime minister Sanae Takaichi holds a news conference at the prime minister’s office in Tokyo, Japan, Monday, Jan. 19, 2026. Takaichi has officially called for early elections next month and has promised a temporary sales tax cut on food if he wins a new mandate for his new coalition.

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Less than six months after taking office, Japan’s new prime minister, Sanae Takaichi, called for early elections, dissolving the Lower House on January 23 and sending voters to the polls on February 8.

“I depend on this election for my future as Prime Minister” Takaichi said at a press conference on Monday, according to a Google translation of his remarks in Japanese.

“I want the people to decide directly whether they can entrust the management of the country to Sanae Takaichi.”

The move comes despite the Lower House’s term running until October 2028, raising questions about why Takaichi chose to reappoint a new mandate so soon.

Analysts say the decision is largely aimed at strengthening the ruling Liberal Democratic Party and its parliamentary coalition by capitalizing on Takichi’s high approval ratings.

During [Sanae Takaichi] A hugely popular Prime Minister, his party is less popular and he faces a united opposition after a surprise partnership between the main opposition party and its former LDP coalition partner.

Sam Jochim

Economist at Swiss private bank EFG

Takaichi has enjoyed historically high approval ratings since taking office. HE approval rate was 62% Other polls put his support in the 70% range, according to a poll published by public broadcaster NHK last week.

The Japan News Network poll showed a high approval rating of 78.1%. Nikkei reported 75%.

By contrast, the LDP’s support rate stands at 29.7%, underlining the gap between support for the prime minister and his party.

The LDP, along with its junior coalition partner the Japan Innovation Party, currently holds a slim majority in the Lower House.

Both sides have a total 230 seats There are 3 independent members in the hall with 456 seats. Vote with LDPThe ruling coalition is given a 1-seat majority.

Sam Jochim, an economist at Swiss private bank EFG, said a stronger majority would allow Takaichi to give tighter political authority to foreign leaders, including U.S. President Donald Trump. He noted that Takaichi could potentially hold a meeting with the US president in early March.

Jochim added that Takaichi will aim to capitalize on his popularity before rising tensions with China begin to affect public sentiment.

Beijing made it mandatory export controls on dual-use items He traveled to Japan and advised his citizens not to travel to Japan.

Diplomatic relations soured after Takaichi told parliament on November 8 that China’s attempt to seize Taiwan by force could lead to intervention by the Japan Self-Defense Forces.

Calculated or reckless?

Despite Takaichi’s popularity, analysts warn that voter support may not translate into gains for the LDP.

Jochim said Takaichi “took a risk” by calling this election, adding that “even though he is an extremely popular Prime Minister, his party is less popular and faces a united opposition after the surprise partnership between the main opposition party and its former LDP coalition partner.”

On January 16, the largest opposition party, the Constitutional Democratic Party of Japan, Joined Komeito – LDP’s former coalition partner for 26 years – to form a new party called the “Central Reform Alliance”.

Together they control 172 seats in the Lower House.

Norihiro Yamaguchi, a leading Japan Economist at Oxford Economics, said that without Komeito’s organizational support, a significant number of LDP candidates could struggle at the ballot box.

Other analysts are more optimistic. Jesper Koll, specialist manager at Monex Group, said Takaichi was a “source of inspiration” for both older and especially younger Japanese.

He said his personal appeal, rather than his economic policies, could be decisive and lead to a landslide victory.

“Takaichi is the living example of a self-made woman who rose to the top against all odds, a self-made woman from a normal working-class family background, who was neither money nor Brahmin,” Koll said. “But hard work, dedication, passion and a desire to do the right thing.”

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