For quite some time Yoshimi Watanabe’s Your Party has seemed like one of the less dysfunctional Japanese opposition parties. Larger opposition parties like the DPJ had lost any recognizable policy identity, whereas Your Party’s commitment to free market economics, deregulation, and decentralization was rather consistent. And, unlike the Social Democratic Party or Japan Communist Party, Your Party’s agenda was sufficiently mainstream and conservative that at least part of The Establishment, especially the business sector, could conceivably embrace them.
Deputy Prime Minister-cum-Finance Minister-cum-Minister of Financial Services Taro Aso, who is a former prime minister, grandson of the legendary Shigeru Yoshida, and related by his sister’s marriage to the imperial family, is increasingly becoming an international laughingstock and a political embarrassment to the Abe administration. After his latest gaffe, there is widespread speculation that Abe will simply dump him from the cabinet in the reshuffle expected next month.
What follows is a party-by-party survey of what these elections mean for the twelve largest political parties in Japan. The ruling party’s 65-seat pick up was not all that it could have hoped for in light of the sky-high approval ratings of the Abe Cabinet, but it was definitely good enough to provide the basis of a stable government for the next three years.
The fact that the Liberal Democratic Party avenged its defeat of four years ago and recaptured power in the Tokyo Metropolitan Assembly was virtually a given in light of the Abe administration’s sky-high popularity and general momentum in the first half of 2013. But there were some notable subplots that revealed truths about the opposition parties, giving us a window into what to expect in next month’s House of Councillors elections.
Beyond Toru Hashimoto personally, the contentious comments made by the young Osaka mayor and Japan Restoration Party co-leader are having a powerful effect on the Japanese political world. To take just one poll, the Nihon Keizai Shinbun found that the 9% who had been planning to vote for this political party in the July House of Councillors election before Hashimoto and Ishihara’s comments on comfort women and prostitution has now dropped to only 3%.
After about a year of hanging about in the background, the issue of Japan’s participation in Trans-Pacific Partnership (TPP) negotiations was suddenly thrust back into the front rank of political debate. Prime Minister Yoshihiko Noda has been in favor of Japan’s participation in TPP negotiations all along, as was his predecessor Naoto Kan. However, it appears that Noda decided to soft-pedal the matter late last year as he faced the daunting challenge of raising the national consumption tax, a divisive issue within the ruling party that he saw as the bigger priority.