Japan stocks hit record highs after Takaichi wins landslide election victory

Japanese shares hit record peaks Monday after Prime Minister Sanae Takaichi's landslide election win. The victory gives her a mandate for major spending.

Japanese equity markets reached record highs on Monday, February 9, 2026, following a decisive victory for the Liberal Democratic Party in a snap election. Prime Minister Sanae Takaichi sanae takaichi led the party to win 316 of the 465 seats in Japan JPJP's lower house, securing a supermajority. This result provides the Japanese government with a mandate to implement large spending measures and tax relief, with the legal ability to pass legislation without requiring approval from the upper house.
A worker mops in front of an electronic board displaying the Nikkei share average and the level of Japan's 10-year government bonds outside a brokerage in Tokyo, Japan, February 9, 2026. REUTERS/Kim Kyung-Hoon
A worker mops in front of an electronic board displaying the Nikkei share average and the level of Japan's 10-year government bonds outside a brokerage in Tokyo, Japan, February 9, 2026. REUTERS/Kim Kyung-Hoon
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