Ishiba’s Press Conference:
石破総裁会見
Opening Remarks
[On the Election Result]
In yesterday’s Upper House election, the Liberal Democratic Party (LDP) received an extremely harsh verdict from the public. Despite significant support from our coalition partner Komeito, many of our qualified colleagues failed to secure seats—an outcome I consider deeply regrettable. As president of the LDP, I sincerely apologize.
We must humbly and earnestly accept these results. Nevertheless, despite these headwinds, the LDP has retained its status as the largest single party—a result made possible by the support of countless individuals. I am truly grateful.
To those who supported us under the intense heat and difficult conditions—local chapter members, local legislators, headquarters staff, and those who attended our rallies and listened to our speeches—I extend my heartfelt thanks.
[No Room for Political Stagnation]
Japan now faces unprecedented challenges: U.S. tariff measures, rising prices, the potential for major earthquakes, and a postwar security environment that is both complex and severe. In this context, the most important task is to avoid political paralysis.
Natural disasters and international developments won’t wait for politics to stabilize. Politics cannot afford even a moment of stagnation.
Despite the heavy responsibility we bear following the election results, we must act decisively and stay the course. As the largest party, we must fulfill our responsibility to the people by listening carefully to local voices and ensuring stable governance.
[Meeting with Komeito Leadership]
I met with the Komeito party leadership earlier today. We reaffirmed our commitment to continue our coalition and cooperate in governing. In addition, we will seek common ground with other parties through sincere discussions to address the national crisis. Based on the outcome of this election, we intend to work constructively with other parties on urgent policy issues and develop effective solutions together.
[Japan-U.S. Tariff Negotiations]
Regarding U.S. tariff measures, we remain committed to protecting Japan’s national interests. With August 1 as a key milestone, we aim to reach a mutually beneficial agreement with the U.S. based not on tariffs but on investment. I’ve already discussed this directly with Treasury Secretary Besent during his recent visit.
Minister Akazawa is currently in the U.S. for his eighth round of talks. I also intend to speak directly with President Trump soon to achieve tangible results. Domestically, we will provide strong support to SMEs via 1,000 consultation offices and implement additional measures as needed.
[Inflation Measures]
Our basic strategy is to accelerate investment-led growth and promote wage increases. However, until wage growth outpaces inflation, we must consider temporary measures. Based on election discussions and fiscal responsibility, we will seek cross-party agreement on practical solutions.
We in the LDP have always taken responsibility for Japan’s future. We are now entering a thorny path and will engage with other parties in good faith to find common ground. We humbly ask for your understanding and cooperation.
Q&A Session
Q1: Will you set a time limit on your tenure as Prime Minister?
A1: I have no specific timeframe in mind. As I said earlier, Japan faces pressing issues—U.S. tariffs, inflation, natural disasters, and a severe security environment. I am fully committed to resolving these challenges.
Q2: Will you consider expanding the coalition?
A2: I have no intention of expanding the coalition at this time. That said, I intend to continue constructive discussions with those who are committed to developing effective policies. I will not name specific parties out of respect for their circumstances.
Q3: Any plans for party or cabinet reshuffles?
A3: Currently, I have no personnel changes in mind. All party executives and cabinet members gave their all during the election. However, I will consider appointments carefully, keeping term limits in mind.
Q4: How will you address calls for your resignation within the LDP?
A4: Diverse opinions are natural. The LDP has always operated through open dialogue. I plan to listen carefully to voices from both national and local leaders and provide clear answers. I’ll make appropriate decisions based on the direction of those discussions.
Q5: Doesn’t the loss of both Upper and Lower House majorities imply a lack of public confidence?
A5: We must face reality: we are confronting many urgent national issues. I emphasize that I act not for personal reasons but to fulfill my responsibility to the nation and its people.
Q6: In 2007, you urged PM Abe to resign after a similar loss. Isn’t it inconsistent to stay now? What do you see as the cause of the LDP’s declining support?
A6: Back then, I urged PM Abe to explain his decision to remain in office. Likewise, I now believe I must clearly communicate my own rationale. As for our party’s losses, the reasons are multifaceted—ranging from reform fatigue to dissatisfaction with economic and social policy. A serious internal review is needed.
Q7: Will you cooperate with the opposition on pension and tax reforms?
A7: Yes, but meaningful dialogue requires shared facts. On issues like pensions, healthcare, and caregiving, we must first establish a common understanding of demographic and fiscal realities. I share much common ground with opposition leader Noda on this.
Q8: Will you consider reducing or eliminating the consumption tax?
A8: The consumption tax funds core social services—healthcare, pensions, and childcare. While different parties propose various reforms, reducing this tax must be considered alongside how we sustain the social safety net. Japan’s rate is already low compared to other countries.
Q9: What if U.S. tariffs are imposed despite negotiations? Would you replace the minister or resign?
A9: The goal is a mutually beneficial agreement. Japan is the largest investor and job creator in the U.S. We stress investment, not protectionism. We are negotiating energetically, and I’m not entertaining hypothetical scenarios about failure at this point.
