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Free AccessKyodo, Asahi Projections Suggest LDP Will Lose Seats But Keep Majority
The latest projections based on large-sample opinion polls ahead of Sunday's general election suggest that Japan's ruling Liberal Democratic Party will retain a majority in the powerful lower house despite losing some seats.
- Kyodo News conducted a survey from Sunday through Tuesday, which showed that the LDP may lose some seats in the House of Representatives, but should retain a comfortable majority ("absolute stable majority" of 261 seats) together with its coalition partner Komeito. Kyodo noted that the LDP leads in around 200 single-member districts and faces "stiff competition" in 70 or so. In party-list vote, the ruling party was projected to the 66 seats it held before. As many as 40% of respondents said they were undecided.
- Earlier on Tuesday, the Asahi Shimbun published a projection based on their weekend survey. The LDP was forecast to maintain a single-party majority in the lower house, despite losing some seats. The survey showed that the LDP could win between 251 and 279 seats, which indicates a likely reduction from the current 276. The Asahi noted that 40% of respondents did not indicate their preference for single-seat candidates, while 30% did not pick their preferred party in the proportional representation component.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.