Prime Minister Sanae Takaichi dissolved Japan’s lower house of parliament in late January 2026 to call a February 8 snap election, which delivered the Liberal Democratic Party a commanding supermajority. That outcome has reduced immediate pressure for another dissolution, as the ruling coalition now holds a stable mandate through at least the next regular session cycle. No major legislative gridlock, no-confidence threats, or leadership challenges have emerged since the February vote to create a fresh trigger. Traders therefore assign only a 9 percent chance of dissolution occurring again before year-end, reflecting the typical four-year lower-house term and the absence of conditions that historically prompt early elections.