Japanese Prime Minister Sanae Takaichi will dissolve parliament on Friday, paving the way for an election next month that she hopes will give her a stronger mandate to govern. Takaichi stated it was an extremely weighty decision that would determine Japan's course together with the people. The vote will elect the 465 members of the House of Representatives, with polling scheduled for February 8. Takaichi's Liberal Democratic Party (LDP) holds 199 seats in the House and has maintained strong public support since last October.

As Japan's first female leader and often described as the country's Iron Lady, Takaichi has been proactive about addressing national concerns, including approving a record defense budget amidst increasing military activity from China. However, her snap election call is not without risks, especially given the shaky ground of LDP leadership and the formation of a new opposition coalition, the Centrist Reform Alliance, which poses a significant challenge.

Takaichi is also advocating for substantial government spending to drive economic growth, reminiscent of prior stimulus measures known as Abenomics. Despite high approval ratings between 60-80%, her administration must navigate potential pitfalls in the upcoming election, as previous snap elections from her predecessors resulted in disappointing outcomes.