Japan PM Noda concedes general election defeat
Published on Dec 16, 2012 10:40 PM
TOKYO (AFP) - Japanese Prime Minister Yoshihiko Noda on Sunday conceded defeat in the general election and said he was stepping down as leader from his humbled governing party.
"I will resign as the head of the Democratic Party of Japan because I take this result seriously," he told a press conference.
"I want to deeply apologise as I could not produce results." Mr Noda was speaking after NHK television, citing forecasts based on both official results and its own exit polls, said the Liberal Democratic Party had won at least 255 seats with 95 seats undecided, against 39 seats for the DPJ.
The LDP is expected to easily secure a majority of the 480-seat chamber with New Komeito, its junior coalition partner, which is expected to win at least 25 seats, NHK said.
To continue reading, log in if you are a subscriber
Enjoy 2 weeks of unlimited digital access to The Straits Times. Get your free access now!