Who Will Lead Japan's LDP with 5 Candidates in the Race?

Synopsis
Key Takeaways
- Leadership election of Japan's LDP commenced with five candidates.
- The election focuses on economic strategies and party revitalization.
- Voting will involve over 910,000 party members.
- The new leader is likely to become the next Prime Minister.
- This election follows previous political challenges and scandals.
Tokyo, Sep 22 (NationPress) The leadership election campaign of Japan's ruling Liberal Democratic Party (LDP) was officially initiated on Monday, featuring a lineup of five candidates who have declared their intentions.
The candidates include Agriculture Minister Shinjiro Koizumi, former Economic Security Ministers Takayuki Kobayashi and Sanae Takaichi, Chief Cabinet Secretary Yoshimasa Hayashi, and former LDP Secretary-General Toshimitsu Motegi.
All five candidates participated in last year's election, which had an unprecedented nine contenders, as reported by Xinhua news agency.
This election will center around critical issues such as collaborating with opposition parties, implementing economic strategies to combat rising prices, and revitalizing the party following a series of electoral setbacks and political funding controversies.
The registration for candidacies commenced at 10 a.m. local time at the LDP headquarters in Tokyo, where representatives of each candidate presented their required list of 20 endorsing lawmakers.
On Monday afternoon, candidates will present their speeches at the party headquarters, signaling the commencement of in-depth discussions.
According to the national broadcaster NHK, over 910,000 party members are expected to participate in the voting process this year.
A total of 590 votes will be cast, divided equally between votes from Diet members (295) and party members (295). The ballots from party members will be finalized the day before the lawmakers vote on October 4, after which both sets of votes will be counted together to determine the new party leader.
This month, Japanese Prime Minister Shigeru Ishiba announced his intention to resign as the LDP head, prompting an early leadership election within the party.
Once a successor is appointed, the parliament will conduct a prime ministerial designation vote.
Despite the ruling coalition's inability to secure a majority in both parliamentary chambers, analysts suggest that the new LDP leader is likely to become the next Prime Minister due to the LDP's status as the largest party.