September 12, 2005

Comment on Japan’s Lower House Election Results

Itaru Koeda, Chairman

Japan’s Lower House election on September 11 resulted in the Liberal Democratic Party and New Komeito winning a combined total of more than two-thirds of all the seats in that branch of the National Diet.

The election outcome is a clear reflection of the Japanese people’s support for the strong message of reform voiced by Prime Minister Junichiro Koizumi, and for his determination to move forward with the privatization of the nation’s postal services.The judgment expressed by the voters was that Japan’s leaders must not back down from the pursuit of reform.

Japan today is confronted with a pressing need to address such matters as administrative and financial reform, economic revitalization, pension system reform, the nation’s declining birth rate, and foreign policy issues.

It is hoped that the current government, under the firm leadership of Prime Minister Koizumi, will work aggressively on the satisfactory resolution of these pressing matters.