Japanese election results delivered a stunning blow as the Liberal Democratic Party lost its parliamentary majority. The LDP won 215 seats, falling short of 233 needed in the 465-member lower house.

Key Results

Opposition led by Constitutional Democratic Party gained 35 seats combined. Sanae Takaichi lost her seat in Nara. Voter turnout reached 58 percent, highest in a decade.

Economic Impact

The Nikkei 225 dropped 3.2 percent on political uncertainty. The yen weakened against the dollar. Analysts predict potential delays to economic reforms and defense spending.