Japan is facing a conservative tilt after Takaichi's election victory. What the media is writing

Early parliamentary elections were held in Japan, in which Prime Minister Sanae Takaichi won a landslide victory. Her coalition won two-thirds of the mandates, which will allow her to pursue a tough conservative policy in the economy and security sector. One of her promises is to abandon the pacifist articles of the constitution. Investors also supported Takichi, as Japanese stocks soared after the election. How the media reacts to the historical election results is in the Izvestia digest.

CNN: Takaichi won a historic election victory

Conservative Japanese Prime Minister Sanae Takaichi has won a landslide victory in early parliamentary elections, marking a historic turnaround for her Liberal Democratic Party (LDP), which has been losing popular support in recent years. Since her election more than four months ago, Takaichi has had an incredibly high rating, and she has received support from US President Donald Trump.

Having two-thirds of the votes in the lower house of parliament will allow Takaichi's party to overcome resistance in the upper house and propose amendments to the constitution. The Prime Minister thanked Trump for his support and stated that the potential of the US-Japan alliance is "limitless." The election results will give Takaichi a new mandate to address issues such as Japan's rapidly aging population, rising living costs, a weak yen, and soured relations with China. The markets reacted positively: the Nikkei index rose by more than 4% in the morning hours.

Financial Times: Japanese stocks soar to record highs

Japanese stocks jumped to record levels after Takaichi's convincing victory in the early general elections. Investors have bet on her vision of a "strong and prosperous" nation. On February 9, the Nikkei 225 index rose 5.7%, breaking the 57,000 mark for the first time, and closed almost 4% higher. The broader Topix index also reached an all-time high, breaking the 3,800 mark, and closed more than 2% higher.

Takaichi promised to take a "strategic" approach to cost planning, focusing on a wide variety of areas, from artificial intelligence to semiconductor manufacturing and the defense industry. Thus, the shares of Advantest, the world's largest manufacturer of equipment for testing microchips, increased by 11.5%. Shares of Mitsubishi Heavy Industries, which investors use as an indicator of Japan's defense spending, rose by more than 3%.

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BBC News: Japanese stocks rise sharply after Takaichi's victory

A convincing victory for the LDP will help Takaichi promote his pro-business policies, avoiding lengthy negotiations with opposition parties. She told reporters that she would pursue a "responsible but aggressive" fiscal policy and would not allow any reshuffle in the cabinet, which was formed less than four months ago.

Japan's historically low inflation rate has made it very sensitive to rising living costs in recent years. The economy is also under pressure from the country's aging population, which is leading to a reduction in the workforce and a sharp increase in social security costs.

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The New York Times: a path of tough politics has opened up for Takaichi

The election result opens the way for Takaichi to implement a conservative program in the field of defense and social issues, as well as to strengthen its position on the world stage. She will face minimal restrictions as she promotes aggressive government spending programs and sweeping national security laws. She will also be able to respond to China's attempts to punish Japan for supporting Taiwan.

Takaichi may also bring about other changes long anticipated by conservatives, including the passage of an anti-espionage law and amendments to pacifist articles of the constitution to free the Japanese army from restrictions. She also proposed aggressive government spending programs aimed at stimulating growth, but at the same time raised concerns about Japan's colossal levels of public debt.

The Chosun Daily: Takaichi signals constitutional reform

After Takaichi's landslide election victory just 20 days after the dissolution of the House of Representatives, attention is now focused on which direction the ruling party will take Japan. She firmly believes that the Japanese Self-Defense Forces should be officially recognized in the constitution as a military force.

The conservative LDP faction insists on the inclusion of provisions on the country's right to self-defense. Takaichi has already made it clear that she intends to immediately begin implementing the relevant bills. The revision is aimed at increasing defense spending to more than 2% of GDP and lifting restrictions on exports of five categories of previously banned weapons, including lethal weapons. It is expected to discuss methods of conducting military operations using cyber attacks and the mass use of unmanned aerial vehicles.