Political party

LDP to receive 15.9 billion yen in political party subsidies in 2022

Data from Japan

Policy

Following the results of the July House of Councilors elections, revisions will be made to the allocation and amount of subsidies for each political party in Japan. Here’s an overview of how this funding works and the estimated amounts each party will receive.

In Japan, political party subsidies are funds taken from public money to subsidize the activities of each party. This type of funding was introduced in 1994 under the Political Parties Subsidies Act. To be eligible, parties must have at least five Diet members or have at least one Diet member and have received 2% or more of the valid votes in the last lower or upper house elections.

The Social Democratic Party, with two Diet members, fell short of 2% of the vote in the 2021 House of Representatives election, sparking interest in whether it would be able to continue to meet grant requirements in this year’s House of Councilors election. He managed to win more than 2% of the votes to remain eligible. The new Sanseitō political party, which contested a national election for the first time, also met the grant requirements.

The total amount to be allocated is calculated as 250 yen per capita, or more than 31.5 billion yen. The allocation is based on two criteria: the number of Diet members in the party and the percentage of votes that party received in previous national elections. As the amount is decided in January each year, half of the money for 2022 has already been distributed. Now that the results of the House of Councilors election are known, revisions will be made and the remaining half of the grants will be distributed in two installments, in October and December.

Estimates show that after the revisions, each party will receive the following total amounts in 2022: Liberal Democratic Party (15.9 billion yen), Democratic Constitutional Party of Japan (6.7 billion yen), Nippon Ishin no Kai ( 3.1 billion yen), Kōmeitō (¥2.9 billion), Democratic People’s Party (¥1.5 billion), Reiwa Shinsengumi (¥498 million), Social Democratic Party (¥271 million), Party for NHK’s People’s Protection (¥262 million) and Sanseitō (¥77 million).

The Japanese Communist Party opposes the system of political party subsidies and receives no subsidies.

(Translated from Japanese. Banner photo © Pixta.)

Liberal Democratic Party politics