Japan's leader Shigeru Ishiba faces mounting political pressure as his ruling coalition is set to lose its majority in the House of Councilors on Sunday.

The ruling coalition headed by Prime Minister Shigeru Ishiba lost its majority in the Upper House election on July 20, putting it on further shaky political ground.

The ruling coalition needs a total of 125 seats for a majority. They already have 75 uncontested seats, but NHK projections suggest it may be difficult for the Liberal Democratic Party (LDP) and Komeito to get the additional 50 needed.

Prime Minister Ishiba Shigeru and his Liberal Democratic Party were projected to lose their majority coalition government in Japan's Upper House of Parliament on Monday.

Morgan Stanley analysts said that North American investors were unfazed by the election outcome, which aligned with expectations. Defense stocks remained bullish due to expected U.S.-Japan collaboration in shipbuilding, while auto and machinery sectors faced tariff risks, they added.

TOKYO – Besieged Japanese Prime Minister Shigeru Ishiba finds himself deeper in the political trenches after his ruling coalition was battered at the Upper House election on July 20, but has defiantly insisted he will not quit.

Exit polls show Prime Minister Shigeru Ishiba 's ruling coalition is likely to lose a majority in the smaller of Japan's two parliamentary houses in a key election Sunday, worsening the country's political instability.

Japanese Prime Minister Shigeru Ishiba has suffered a major political setback as his ruling coalition failed to secure a majority in the upper house, leaving it in the minority in both chambers of parliament for the first time since 1955.

In a critical parliamentary election, Japan's ruling coalition led by Prime Minister Shigeru Ishiba failed to secure a majority in the upper house. This electoral setback, coupled with previous losses,