The Japan Innovation Party (Nippon Ishin) is drawing heavy flak from opposition parties for backtracking on its long-held pledge to ban corporate and group political donations in a coalition deal with the Liberal Democratic Party.

The LDP found a new coalition partner, but Prime Minister Takaichi is still short of a majority in the lower house.

The leader of the Liberal Democratic Party becomes the first woman to head the Tokyo government. The coalition does not have an absolute majority in parliament, but prevailed due to divisions in

The ruling Liberal Democratic Party and opposition Nippon Ishin (Japan Innovation Party) formally signed a coalition agreement on Oct. 20, marking the final step toward creating a joint administration led by Sanae Takaichi.

Tokyo, Oct. 18 (Jiji Press)--Japan's Liberal Democratic Party and Nippon Ishin no Kai (Japan Innovation Party) on Saturday advanced final negotiations toward forming a coalition government, with Nippon Ishin considering options including supporting the LDP from outside the cabinet.

This brings LDP chief Sanae Takaichi closer to clinching the premiership next week. Read more at straitstimes.com. Read more at straitstimes.com.

Sanae Takaichi is set to become Japan's first female prime minister, backed by the Japan Innovation Party. Despite losing Komeito's support, a deal with Ishin brings her close to securing parliamentary majority.

The political party Nippon Ishin no Kai, now tapped as a potential member of a ruling coalition in the national government, got its start in 2010 as a local political force pushing for a more robust position for Osaka in the national context.