Image Credits: JAPAN Forward
On September 11th, Economy, Trade and Industry Minister Takeshi Saito announced his withdrawal from the Liberal Democratic Party (LDP) presidential race. Speaking to reporters at the Ministry of Economy, Trade and Industry, Saito revealed that despite his initial intention to run, he was unable to secure the necessary support from 20 Diet members.
Saito expressed his disappointment at the outcome but maintained a positive outlook, stating, “The result is very disappointing, but I personally feel like I have gained something great.” His withdrawal leaves the field of candidates unchanged at nine, following recent entries and exits within the party.
The decision comes as the LDP presidential election, set for September 12th, has seen a surge in candidates, creating a highly competitive and fragmented race. With the ongoing faction-related slush fund scandal impacting party dynamics, securing the support of Diet members has proven challenging for many.
Saito’s exit underscores the difficulty candidates face in navigating the complex political landscape and garnering sufficient backing. As the race progresses, the focus will shift to how remaining candidates address key issues, including party reform and response to the scandal.
Saito’s comments reflect his broader perspective on the political process, even as his campaign comes to an end. The LDP continues to prepare for a potentially contentious election, with the outcome likely to shape Japan’s political and economic future.