Prime Minister Sanae Takaichi dissolved Japan’s House of Representatives on January 23, 2026, triggering a snap election on February 8 that delivered the Liberal Democratic Party a postwar-record 316 seats and a two-thirds supermajority on its own. The LDP-Ishin coalition reached 352 seats overall, establishing a stable governing bloc with no reported fractures, no-confidence motions, or immediate crises. This outcome reset the lower house’s four-year term, extending the mandate into 2030 under ordinary conditions and removing procedural or political pressure for another dissolution this year. With the next upper house election not due until 2028 and no scheduled votes or major legislative deadlines forcing early action, traders see little basis for a second dissolution in 2026.