Japan's ruling coalition loses parliamentary majority in snap election
2024-10-28 07:41:59 source:CNBC
October 27, 2024
Japan's ruling coalition lost its parliamentary majority, with public broadcaster NHK projecting that the Liberal Democratic Party and its Komeito partner will fall short of the 233 seats needed to win power in the country's lower house.
By 5:30 a.m. local time Monday, NHK projected the ruling bloc would secure 214 seats, with just one of the total 465 seats undeclared. The opposition Constitutional Democratic Party (CDP) and the Democratic Party for the People (DPP) made significant gains.
Nikkei Asia made similar projections, reporting that it would cast uncertainty over the newly appointed administration of Prime Minister Shigeru Ishiba. It is the first time since 2009 that the LDP has lost its parliamentary majority.
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