Japanese Shares Rally on Election Results
2026-02-09 00:22
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index rallied 3.89% to close at 56,364 while the broader Topix Index gained 2.29% to 3,784 on Monday, hitting fresh record highs after the ruling Liberal Democratic Party, led by Prime Minister Sanae Takaichi, secured a two-thirds supermajority in the lower house in a historic victory.
Takaichi’s coalition won 352 of the 465 seats in Japan’s House of Representatives, according to figures collated by public broadcaster NHK, with the LDP alone securing a majority of 316.
The outcome reinforced expectations for looser fiscal policy and possible tax cuts, while Takaichi promised that her stimulus plans will not strain the country's finances further.
Japanese equities also benefited from Wall Street gains on Friday, as technology stocks rebounded after several days of heavy selling.
Strong performers included heavyweights firms such as Advantest (11.5%), Kawasaki Kisen (15.7%), SoftBank Group (6.3%), Fast Retailing (6.9%) and Hitachi (8.4%).