A new Asahi newspaper poll indicates that Japan’s ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is on track for a major victory in next week’s lower house election. The survey, released on February 2, 2026, shows the LDP could secure well above the 233 seats needed for a majority in the 465-member chamber, up from its current 198 seats. Together with coalition partner Japan Innovation Party (Ishin), the ruling bloc could reach as many as 300 seats, strengthening Takaichi’s mandate.

According to Mitsubishi UFJ Morgan Stanley Securities strategist Keisuke Tsuruta, such a result would reinforce Takaichi’s authority and allow her to continue her “proactive” economic policies, including boosting consumption and cutting taxes. The main opposition Centrist Reform Alliance faces a potential loss of half its 167 seats amid a tight race.

Takaichi dissolved parliament last month and called the snap election for February 8 to seek public approval for her expansionary economic agenda. Her earlier decision to suspend the 8% food tax for two years triggered a market slump and raised public concern about Japan’s fiscal discipline.