Published: 14:20, September 27, 2024 | Updated: 20:10, September 27, 2024
Veteran Japan lawmaker Shigeru Ishiba to be PM after 'final battle'
By Agencies
Shigeru Ishiba acknowledges after he was elected as new head of Japan's ruling Liberal Democratic Party's (LDP) party during the party's leadership election on Sept 27, 2024, in Tokyo. (PHOTO / AP)

TOKYO - Japan's incoming prime minister, Shigeru Ishiba, said he wanted to clean up his ruling party and revitalize the economy after triumphing in his fifth and what he called final leadership bid on Friday.

The 67-year-old former defense minister narrowly prevailed over nationalist Sanae Takaichi in an unpredictable race with a record nine candidates to lead the Liberal Democratic Party.

The leader of the LDP, which has ruled Japan for almost all of the post-war era, is essentially assured of becoming the next premier because of its majority in parliament. Ishiba said he will form a government on Tuesday after a special session of parliament vote him into office.

"We ought to be a party that lets members discuss the truth in a free and open manner, a party that is fair and impartial on all matters and a party with humility," he told a press conference after winning the center-right party's contest.

The scramble to replace premier premier Fumio Kishida was sparked in August when he announced he would step down over a series of scandals, including undocumented political donations that plunged the LDP's ratings to record lows.

Shigeru Ishiba speaks before a runoff election at the Liberal Democratic Party's (LDP) leadership election in Tokyo on Sept 27, 2024. (PHOTO / AFP)

Ishiba said the scandal, which prompted the party to disband the powerful factions that traditionally anoint LDP leaders, had contributed to a more open vote that allowed him to triumph in what he called his "final battle".

The self-proclaimed lone wolf has made enemies in the party in the past. His contrarian views and spats with colleagues contributed to four previous failed leadership bids, although he has long been popular with the general public.

'Popular figure' for general election

Ishiba said he intends to call a general election at an early date, without giving specifics on a vote that must be called in the next 13 months. Analysts said his selection suggests some in the party have put aside personal grievances to harness his public appeal.

They have "gravitated towards a popular figure who does well in media appearances and isn't afraid to criticize his own party when he thinks they're in the wrong," said Jeffrey Hall, a lecturer at Kanda University of International Studies.

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The yen rebounded against the dollar on Ishiba's victory after falling on news he would face the run-off against Takaichi, a monetary dove and fiscal expansionist.

In his press conference, Ishiba stressed the need to revitalize consumption in the world's fourth-biggest economy to ensure Japan can fully emerge from a long period of economic stagnation.

Shigeru Ishiba (right), Sanae Takaichi (left) and Japan's Prime Minister Fumio Kishida (center) join hands as they celebrate after Ishiba was elected as the new head of Japan's ruling party at the Liberal Democratic Party's (LDP) leadership election in Tokyo on Sept 27, 2024. (PHOTO / AFP)

Ishiba faces a raft of challenges at home and abroad. He must quell anger over rising living costs and simmering anger about his scandal-plagued party.

His approach to diplomacy with Japan's closest ally, the United States, will also be in focus, as he has repeatedly called for a more balanced relationship with Washington.

In his campaign, he called for the creation of an Asian NATO, an idea that has already been dismissed by a senior US official as hasty.

Rebel in fractured party

The US ambassador to Japan, Rahm Emanuel, congratulated Ishiba, posting on X that he looked forward to working with him to strengthen the US-Japan alliance.

Ishiba, who entered parliament in 1986 after a short banking career, was sidelined by outgoing Prime Minister Kishida, becoming a dissenting voice in the party who enjoyed broad support from LDP rank-and-file members as well as the public.

Pedestrians take copies of an extra edition of the Yomiuri newspaper reporting on Shigeru Ishiba becoming the winner of the Liberal Democratic Party's presidential election, in Tokyo on Sept 27, 2024. (PHOTO / AP)

Ishiba has rebelled on policies including the increased use of nuclear energy, a contentious subject due to the devastating meltdown of the Fukushima nuclear plant in 2011, and has criticized his party for supporting Japan's ban on married couples using separate surnames.

Hideki Masui, the head of nuclear energy lobby Japan Atomic Industrial Forum said on Friday he hoped Japan's new leadership would continue promoting nuclear power, which he said was essential to the country's energy security.

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To solidify his rule over a fractured party, Ishiba will need to draw from a wide base to form his cabinet, said Rintaro Nishimura, an associate at the Asia Group Japan.

"If he just rewards the people who supported him, that's going to cause a lot of trouble with the people who supported Takaichi and the people who dislike him," Nishimura said.

Ishiba is expected to announce his cabinet after Tuesday's parliament session.