Japanese Prime Minister Sanae Takaichi's cabinet approval rating fell sharply from June to July 2026, dropping below 60% for the first time since she took office in October 2025. The Nikkei poll in July showed a 58% approval, while a Yomiuri poll conducted July 24-26 recorded a similar 57% approval, down from 69% in June 2026 [1, 2, 3]. Meanwhile, disapproval of Takaichi’s administration rose sharply from 21% in June to 34% in July according to the Yomiuri poll [2, 3].
The polls also revealed growing dissatisfaction with the government's handling of rising living costs. In the Yomiuri survey, 71% of respondents disapproved of the administration's inflation efforts, up from 56% in June. Rising inflation and living costs are seen as key factors behind the decline in Takaichi’s ratings [2, 3].
Takaichi had pledged to reduce an 8% food sales tax to ease inflation pressure but the government has delayed that decision. Her expansionary fiscal and monetary policies have contributed to rising bond yields and pushed the yen near four-decade lows [3]. The Bank of Japan raised interest rates to 1% in June 2026, the highest level in 31 years, while core inflation hovered near the BOJ’s 2% target and is expected to rise later in the year due to higher producer prices [3].
Despite the decline, Daiwa Securities chief market economist Kenji Yamamoto said "her approval ratings remain high compared to past administrations," though "the enormous political capital she gained from the lower house election victory is gradually diminishing" [3].
Takaichi took office in October 2025. Approval hovered around 69% in June 2026 before falling sharply over the next month [1, 2, 3]. A cabinet reshuffle is possible in August or September 2026 as the administration seeks to respond to public dissatisfaction and economic challenges [3].
