**Prime Minister Sanae Takaichi’s Liberal Democratic Party secured a historic supermajority exceeding two-thirds of seats in the February 8, 2026, lower house election following the January dissolution, giving the government stable control through the remainder of the term.** The main opposition Centrist Reform Alliance, formed to challenge the LDP, suffered heavy losses and formally dissolved in September 2026 amid internal splits, leaving fragmented resistance with no unified force capable of mounting effective pressure. No major legislative gridlock, scandals, or coalition fractures have emerged since the election to prompt another early dissolution before year-end. Traders’ strong consensus on “No” reflects this durable majority and the absence of near-term triggers, though an unforeseen crisis such as a sudden no-confidence motion or leadership change could theoretically reopen the possibility before December 31.