Takaichi heads for Japan premiership as coalition hopes push up stocks

Sanae Takaichi, the newly elected leader of Japan's ruling party, the Liberal Democratic Party (LDP), attends a press conference after the LDP presidential election in Tokyo on October 4, 2025. Yuichi Yamazaki/Pool via REUTERS

TOKYO (Reuters) -Anticipation grew on Monday that Sanae Takaichi will become Japan's first female premier, with the backing of the right-wing opposition Japan Innovation Party, known as Ishin, pushing stocks in Tokyo to a record high.

Ishin lawmakers are set to meet later in the day to discuss forming a coalition with the ruling Liberal Democratic Party (LDP), followed by talks between Takaichi and Ishin leaders Fumitake Fujita and Osaka Governor Hirofumi Yoshimura, where the alliance is expected to be finalised.