by Patrick Fearon-Hernandez, CFA | PDF
In October 2025, Japan made history by electing its first female prime minister, Sanae Takaichi, a staunch conservative and protégé of former Prime Minister Shinzo Abe. Her rise to power marks a significant shift in Japan’s political landscape, with implications for foreign affairs, domestic policy, and financial markets. As we show in this report, Takaichi’s administration promises a blend of hawkish national security, aggressive fiscal expansion, and economic revitalization, all underpinned by a nationalist ideology. As always, we wrap up the report with a discussion of the investment implications of her rise to power.
Note: The accompanying podcast for this report will be delayed until later this week.