**Prime Minister Sanae Takaichi’s Liberal Democratic Party secured a supermajority in the February 8, 2026, general election following the January dissolution of the House of Representatives.** This outcome gave the ruling coalition a commanding position in the lower house for the new four-year term. As of mid-August 2026, no major political developments—such as coalition breakdowns, significant scandals, or legislative crises—have emerged that would prompt another early dissolution. Japanese prime ministers typically exercise the Article 7 power to dissolve the lower house strategically, often when facing uncertainty or seeking a fresh mandate, but the recent landslide reduces such pressures. The House of Councillors cannot be dissolved, and the current lower-house term extends into 2030 absent extraordinary circumstances. Trader consensus reflected in the 94.5% probability on “No” aligns with this post-election stability and the absence of catalysts for a second snap vote within the calendar year.