Japan’s Prime Minister Fumio Kishida Announces Resignation and Will Not Seek Re-Election

Japanese Prime Minister Fumio Kishida has announced his resignation, stating he will not seek a second term as leader of the Liberal Democratic Party (LDP).

This decision, effective next month, comes amid a series of political scandals that have marred his administration and sparked widespread calls for his resignation.

At a press conference on Wednesday, August 14 2024, Kishida emphasized the need for the LDP to demonstrate significant change.

“Transparent and open elections and a free and vigorous debate are more important than ever,” Kishida said. He argued that stepping down was the first step to show that the LDP is committed to reform.

The LDP, which has dominated Japanese politics since its establishment in 1955, has recently faced intense scrutiny. Major scandals have involved allegations of financial misconduct and corruption within influential party factions.

High-ranking officials have been accused of election law violations and offensive remarks against minorities.

Despite Kishida’s efforts to address these issues by replacing several cabinet ministers last year, public support for his government has continued to decline.

A recent Mainichi Shimbun survey revealed a record 79% disapproval rating for the cabinet. The party’s controversial links with the Unification Church, revealed after the assassination of former Prime Minister Shinzo Abe in 2022, have further eroded trust.

Kishida, who became Prime Minister in October 2021 following the resignation of Yoshihide Suga, has faced criticism over his handling of Japan’s economy and his policies on the yen’s weakening.

Despite previous denials about stepping down, Kishida’s resignation comes just a month before LDP elections, with the date yet to be announced.

The next LDP leader will inherit a challenging position, overseeing Japan’s fourth-largest economy amid rising living costs and a weak yen. Kishida’s tenure has been marked by significant changes in Japan’s defense posture and strong support for Ukraine amidst Russia’s invasion.