⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

Explainer-How will Japan's ruling party pick the next prime minister?

Published 09/12/2024, 12:00 AM
Updated 09/12/2024, 12:17 AM
© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks to reporters accompanied by German Chancellor Olaf Scholz (not pictured) in Berlin, Germany, July 12, 2024. REUTERS/Liesa Johannssen/File Photo

TOKYO (Reuters) -Japan's ruling Liberal Democratic Party unveiled on Thursday a list of nine candidates for its Sept 27 election to replace outgoing Prime Minister Fumio Kishida as leader of the party that has governed for most of the last seven decades. 

Here is a rundown of the leading contenders.

WHAT HAPPENS NEXT?

Each candidate, having secured backing from at least 20 other LDP lawmakers to qualify for the poll, will begin a series of public appearances, starting with a nationally televised debate on Saturday.

HOW DOES THE VOTE WORK?

The nine candidates and other LDP lawmakers will gather at party headquarters in Tokyo on Sept. 27 for the vote to decide the party's next president and, since it holds a parliamentary majority, the next prime minister.

Each of the LDP's 369 lawmakers will cast a vote in the first round, while an equal number of votes will be distributed among rank-and-file members polled earlier.

In the 2021 leadership election, the party had 1.13 million registered members, its website showed.

A candidate securing a simple majority in that poll becomes party leader. If nobody secures a majority a run-off poll follows, between the two candidates with the most votes. 

In the second round, each lawmaker again gets one vote, but the share of the rank-and-file drops to 47 votes, one for each of Japan's prefectures.  

AFTER THE PARTY VOTE

© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida arrives at Seoul Air base in Seongnam, South Korea, September 6, 2024. REUTERS/Kim Hong-Ji/File Photo

Once a new LDP leader is elected, Japan's parliament will gather, probably in early October, to pick a new prime minister, who is then expected to announce a new cabinet and appoint key LDP officials.

The new prime minister may also call a snap general election to seek a national mandate, with at least one leading candidate, Shinjiro Koizumi, having promised to do so. Those nationwide elections could come as early as October 27, media have said.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.