Takaichi led the ruling Liberal Democratic Party to a supermajority in the Lower House, securing 316 seats in Japan's largest election win since World War Two.

Japan’s prime minister won a huge election victory, sending geopolitical tremors rippling across Asia, and the world.

The conservative Prime Minister’s gamble seems to have paid off.

Japan’s conservative prime minister Sanae Takaichi has won a landslide victory after she gambled on a high-stakes snap election, exit polls suggest.

But Takaichi sees constitutional revision as a matter of national destiny, and her huge parliamentary majority as a unique opportunity to update a document suited to Japan’s future. “The constitution tells the story of the nation’s ideal form,” she said on Monday.

It was a risky gamble to call a snap election. But now Japan’s Sanae Takaichi is basking in the strongest majority for a Japanese government since World War II.

The first woman to lead a government in the Asian country has propelled the ruling party to its strongest result in modern history

The dollar nursed losses on Tuesday ahead of monthly economic data, while the yen held on to its gains after Prime Minister Sanae Takaichi's election victory.