Japanese media: The Liberal Democratic Party lost half of its seats in both houses of the Diet, and Shigeru Ishiba is rumored to resign as Prime Minister in August.

The 27th House of Councillors election in Japan was completed on July 21, with the ruling coalition of the Liberal Democratic Party and Komeito failing to maintain a majority. Following the House of Representatives, they have also become a minority in the House of Councillors. Japanese Prime Minister Shigeru Ishiba subsequently stated that he would take responsibility and continue to govern, but the calls for him to step down within the Liberal Democratic Party are growing louder.

However, on July 23, a Japanese media outlet reported that Shigeru Ishiba had decided to resign as early as August. After the news broke, the Japanese yen depreciated against the US dollar, although it slightly stabilized afterward. However, the political turmoil once again became the market's focus. This resignation rumor coincidentally occurred right after the US and Japan had just reached a tariff agreement, drawing more attention to the subsequent power restructuring within the Liberal Democratic Party.

After the US-Japan agreement, Shigeru Ishiba announced his resignation in August due to the depreciation of the yen.

According to a report by the Japanese media "Daily News," since the ruling coalition of the Liberal Democratic Party and the Komeito Party failed to secure a majority in both houses of the Diet, the approval rating of the Shihachiro Cabinet has plummeted to only 20%. Although Shihachiro had stated after the election that he would continue in office, citing the need to complete trade negotiations with the United States, the agreement has now been signed, which instead clears the way for his departure.

Currently, Shih Pomo has informed his staff of his decision to resign, and the Japanese media "Jiji Press" also cited senior officials from the Liberal Democratic Party confirming that he will step down as early as August.

The resignation rumor emerged right after the U.S. and Japan announced a tariff agreement. However, following the news, the yen depreciated to 147.20 against 1 dollar, and then slightly recovered to 147.15. On the morning of July 23, Shigeru Ishiba avoided discussing his position when faced with media inquiries at the Prime Minister's official residence, only talking about the details of the U.S.-Japan trade agreement, stating that "the content of the agreement still needs to be examined in detail, and I cannot comment before that."

Shinzo Abe will meet with three former Japanese prime ministers as the internal pressure within the party intensifies.

On 7/23, later in the evening, Shibamatsu is expected to meet with the highest advisor of the Liberal Democratic Party, Taro Aso, Vice President Yoshihide Suga, and former Prime Minister Fumio Kishida to discuss his own future.

The pressure within the Liberal Democratic Party for him to step down continues to grow. It's not just the local party branches demanding his resignation and a reorganization of the party's internal system; the middle-aged and younger lawmakers have even proposed convening a decision-making body "Joint Conference of Members of Both Houses," which is second only to the party congress, hoping to hold the party chair election earlier.

The Liberal Democratic Party has become a minority, and the Prime Minister indicates that the variables in the election are still present.

The Democratic Party's executive department originally planned to hold a "Legislative Yuan Members' Consultation Meeting" on July 31, but it may be moved up to July 29. This meeting will start discussions on the review of the losses in the Senate elections, and after this review is completed in August, the party's executive department will decide on the next steps.

Currently, the chairman of the Liberal Democratic Party's election strategy committee, Seiji Kihara, has indicated that he will resign after the review and summary are completed. At that time, Shigeru Ishiba, who serves as both the party chairman and prime minister, will also be held accountable. If Shigeru Ishiba steps down before the end of July, an extraordinary Diet session scheduled for next month will conduct a "prime minister nomination election." However, since the Liberal Democratic Party is already in the minority, there is no guarantee that the party chairman will be re-elected as prime minister.

In order to ensure there is time to negotiate the prime minister nomination issue with the opposition parties, Shigeru Ishiba may choose to announce his resignation after August.

( The US-Japan trade agreement has been reached! Trump states that Japan will invest 550 billion dollars in the United States, and tariffs on Japan will be reduced to 15% )

This article reports that the Japanese media states: the Liberal Democratic Party has lost half of the seats in both the House of Councillors and the House of Representatives, and Shigeru Ishiba is rumored to resign as Prime Minister in August, first appearing in Chain News ABMedia.