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Takaichi names new cabinet, adds Japan Innovation Party minister

By Drooid · Sep 17, 2026, 2:42 AM UTC · How we work

Summary

Takaichi Launches Cabinet

Prime Minister Sanae Takaichi will launch a new cabinet Thursday, retaining most ministers and adding a Japan Innovation Party member.
Finance Minister Satsuki Katayama, top diplomat Toshimitsu Motegi and defense chief Shinjiro Koizumi remain in the cabinet.
Japan Innovation Party receives its first ministerial post, cementing the coalition that helped Takaichi win election.
10-year government bond yield hit 3% in early September, highest since 1996, amid fiscal concerns.

Summary

Kiuchi Criticizes BOJ

Minister Minoru Kiuchi rebuked the Bank of Japan’s June rate hike, demanding accountability for its impact.
Kiuchi can attend BOJ policy meetings as one of two government representatives.
The BOJ is scheduled to raise rates to a 31-year high on Friday.
Kiuchi said he sympathises with a “high-pressure economy” that keeps demand above supply.
He urged balancing BOJ independence with government-central bank coordination as required by law.

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Takaichi Launches Cabinet

Prime Minister Sanae Takaichi will launch a new cabinet Thursday, retaining most ministers and adding a Japan Innovation Party member.
Finance Minister Satsuki Katayama, top diplomat Toshimitsu Motegi and defense chief Shinjiro Koizumi remain in the cabinet.
Japan Innovation Party receives its first ministerial post, cementing the coalition that helped Takaichi win election.
10-year government bond yield hit 3% in early September, highest since 1996, amid fiscal concerns.

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