Japanese Prime Minister Shigeru Ishiba announced his resignation on Sunday after facing mounting pressure following the ruling party's loss in the July parliamentary elections. His departure will lead contest for leadership within the Liberal Democratic Party (LDP) and beyond. Shigeru Ishiba’s decision to resign as president of the Liberal Democratic Party (LDP) comes in the wake of a significant defeat in the July elections. The LDP, along with its coalition partner Komeito, lost its majority in both the Lower and Upper Houses of Japan’s Diet, the national legislature. Despite holding
office since October, Ishiba could not escape the growing public dissatisfaction and pressure from right-wing factions within his party to take responsibility for the electoral loss.
"I have decided to resign from the position of president of the Liberal Democratic Party," Ishiba said during a press conference on Sunday, making clear his intention to step down in a bid to prevent further divisions within the party.
The resignation has now sparked speculation on who will succeed him as the next leader of the LDP and, by extension, the Prime Minister of Japan.