Japan held a by-election for the House of Representatives of the Diet on April 28, and judging from the information released by Japan, the by-elections were held in three constituencies. Previously, Japan's Liberal Democratic Party was pushed to the forefront of public opinion because of the "black gold" issue, but now the Liberal Democratic Party has suffered a miserable defeat, and Japan has announced the election results, and the Constitutional Democratic Party, as Japan's opposition party, has won three seats in the House of Representatives. For the House of Representatives by-election on April 28, the Japanese media declared it to be Fumio Kishida's "battle of fate", and it is clear that Fumio Kishida has fallen into a passive situation now. Japan's Liberal Democratic Party (LDP) has been in a crisis of confidence since the assassination of former Japanese Prime Minister Shinzo Abe in the streets, because the LDP is implicated in the "Unification Church".
Although many members of the Liberal Democratic Party of Japan have cut off from the "Unification Church", it has not reversed the crisis of the Liberal Democratic Party, in fact, Japanese politics is now in multiple crises, Kishida Fumio has changed the focus of the Japanese government since he became the prime minister of Japan, and diplomacy has become the main focus of Kishida Fumio, for which Kishida Fumio is often seen attending various international conferences, and Japan hosted the G7 summit in 2023, so that Kishida Fumio has a political highlight moment. Although Fumio Kishida continues to appear on international occasions, it has not changed the situation of Japan's weak economic development, and the recent sharp depreciation of the yen has made Japan's situation even worse.
According to the latest data, the dollar has reached the level of 1:160 against the yen, a new record in 34 years, and although Japan has tried to seek US intervention, the US has so far taken no action. The United States has benefited from the sharp depreciation of the yen, as it has the opportunity to acquire Japanese assets. In recent years, the United States has been raising interest rates to maintain the strength of the dollar, but now it is directly "harvesting" Japan, and because the United States is in poor financial condition, it will not take the initiative to "save" Japan. Now that Japan has paid the price for its lack of "sovereignty", the collapse of the yen will continue to hit the Japanese economy and increase the pressure on the lives of the Japanese people.
The sharp depreciation of the yen is a manifestation of Japan's economic downturn, and the Japanese people have expressed their dissatisfaction with the Liberal Democratic Party of Japan through their votes. In fact, the Liberal Democratic Party of Japan (LDP) has already had a rhythm of "not picking up the green and yellow" during the by-elections for the House of Representatives, and in fact, the LDP directly gave up in the by-elections for two of the districts, because there were no suitable candidates at all, and it was obvious that the LDP could no longer continue to eat its old roots. The Japanese media have defined the by-election for the House of Representatives of the Japanese Parliament, and it is clear that it is now quite unfavorable for Japanese Prime Minister Fumio Kishida, because at the same time Kishida's approval rating has fallen below the level of 20%.
In fact, this by-election was all in the strong-core vote base of the Liberal Democratic Party of Japan, but the Liberal Democratic Party of Japan did not get any chance, so it was a major setback for the Liberal Democratic Party. Global Beacon analysis believes that Fumio Kishida's political life is about to be tested, and if Fumio Kishida continues to be in power, it will inevitably further impact the support of the Liberal Democratic Party. Japan's political ecology is very different from that of other Western countries, and the election of the LDP president is the result of internal consultations, and once Fumio Kishida is unable to satisfy the approval of the LDP faction, it means the beginning of a new game.