Sanae Takaichi consolidated power as Japan’s prime minister after her Liberal Democratic Party secured a historic supermajority in the February 2026 lower-house snap election, enabling her to form a second cabinet and advance priorities such as constitutional revision and economic security measures. In the months since, she has conducted diplomatic visits to Australia, Vietnam, and other partners while overseeing passage of the record FY2026 budget and managing responses to global tensions without facing immediate challenges to her leadership. These developments, combined with the absence of scheduled national elections until later in the decade, underpin the strong trader consensus reflected in current market pricing that she will remain in office through the end of 2026.