Fumio Kishida set to become Japan's next PM after winning ruling party leadership

Japan's former foreign minister Fumio Kishida won the governing party leadership election on Wednesday and is set to become the next prime minister, facing the imminent task of addressing a pandemic-hit economy and ensuring a strong alliance with the United States to counter growing regional security risks.

Kishida replaces outgoing party leader Prime Minister Yoshihide Suga, who is stepping down after serving only one year since taking office last September.

As new leader of the Liberal Democratic Party, Kishida is certain to be elected the next prime minister on Monday in parliament, where his party and coalition partner control the house.

Kishida beat popular vaccinations minister Taro Kono in a runoff after finishing only one vote ahead of him in the first round where none of the four candidates, including two women, was able to win a majority.

Results showed Kishida had more support from party heavyweights who apparently chose stability over change advocated by Kono, who is known as something of a maverick.

Plunging public support in party

The new leader is under pressure to change the party's high-handed reputation worsened by Suga, who angered the public over his handling of the coronavirus pandemic and insistence on holding theOlympics in Tokyo.

The long-ruling conservative Liberal Democratic Party desperately needs to quickly turn around plunging public support ahead of lower house elections coming within two months.

Kishida called for growth and distribution under his "new capitalism," saying that the economy under Japan's longest-serving Prime Minister Shinzo Abe had only benefited big companies.

Overall, little change is expected in key diplomatic and security policies under the new leader, said Yu Uchiyama, a political science professor at the University of Tokyo.

All of the candidates support close Japan-U.S. security ties and partnerships with other like-minded democracies in Asia and Europe, in part to counter China's growing influence and a threat from nuclear-armed North Korea.

Wednesday's vote was seen as a test of whether the party can move out of Abe's shadow. His influence in government and party affairs has largely muzzled diverse views and shifted the party to the right.

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Kishida is also seen as a choice who could prolong an era of unusual political stability amid fears that Japan could return to "revolving door" leadership.

"Concern is not about individuals but stability of Japanese politics," Michael Green, senior vice-president for Asia at the Center for Strategic and International Studies, told a telephone briefing ahead of the vote. "It's about whether or not we are entering a period in Japanese politics of instability and short-term prime ministership," he said.

"It makes it very hard to move forward on agenda."

Suga is leaving only a year after taking office as a pinch-hitter for Abe, who suddenly resigned over health problems, ending his nearly eight-year leadership, the longest in Japan's constitutional history.