Ruling Coalition
Japan's House of Representatives passed the fiscal 2026 budget proposal on March 14, supported by the ruling Liberal Democratic Party and Japan Innovation Party's majority, sending it to the House of Councillors. The budget totals a record 122.3 trillion yen, drawing criticism from opposition parties over the short deliberation time. The ruling coalition aims for passage by the fiscal year-end despite uncertainties in the upper house.
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Campaigning for Japan's lower house election began on January 27, 2026—four days after Prime Minister Sanae Takaichi dissolved the house—with Takaichi vowing to resign if her ruling coalition loses its majority. The February 8 vote occurs amid realigned opposition forces, with key issues centering on coalition support and economic relief from inflation.