Japan PM Takaichi's Party Poised for Landslide Victory in Snap Election: Asahi Poll

• Japanese Prime Minister Sanae Takaichi's party is projected to win a landslide in next week's lower house election, according to an Asahi newspaper survey.
• The Liberal Democratic Party (LDP) is expected to secure well over 233 seats, significantly increasing its current 198 seats.
• With coalition partner Japan Innovation Party (Ishin), the ruling alliance could reach 300 seats, solidifying Takaichi's power.
• A strong mandate would allow Takaichi to pursue her expansionary fiscal policies, including a potential consumption tax cut, which could impact Japan's finances and bond yields.
• The main opposition, Centrist Reform Alliance, is predicted to lose about half of its 167 seats.

Why It Matters: PM Takaichi's party is set for a major election win, strengthening her mandate for expansionary fiscal policies.