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(From Journal of Japanese Trade & Industry (JJTI))
Byline: Sasaki Takeshi
Until a few months ago, it appeared that Prime Minister Koizumi Junichiro and the Liberal Democratic Party (LDP) would in all likelihood win 51 of the total number of seats up for grabs in the House of Councillors. On the other hand, the leader of the opposition Democratic Party of Japan (DPJ) had resigned, public support for his party had waned, and prospects for the newly appointed DPJ head, Okada Katsuya, looked bleak. Once the polling results for the July 11 elections were in, however, the two parties found themselves trading places. This stark reversal has even brought ...