Japan’s ruling conservative party, the Liberal Democratic Party (LDP), has chosen Sanae Takaichi as its new leader, setting the stage for her to become the nation’s first female prime minister. At 64, Takaichi represents the party’s right-leaning faction and faces a daunting array of challenges, including uniting a fractured party, reviving a sluggish economy, and addressing the struggles of Japanese households grappling with inflation and stagnant wages. Her leadership will also require navigating a strained U.S.-Japan relationship and overseeing the implementation of a tariff deal negotiated with the Trump administration. Takaichi’s election follows the resignation of Prime Minister Shigeru Ishiba, whose tenure was marked by a series of electoral defeats that cost the LDP its majority in both parliamentary chambers. A staunch conservative, Takaichi has long admired Margaret Thatcher and aims to emulate her ‘Iron Lady’ legacy. However, her opposition to progressive policies, such as allowing women to retain their maiden names after marriage and her stance against same-sex marriage, has drawn criticism. As a protégé of the late Shinzo Abe, she has pledged to revive his economic policies, known as Abenomics, which emphasize fiscal spending and low borrowing costs. Takaichi is also a security hawk, advocating for revisions to Japan’s pacifist constitution, and is a frequent visitor to the controversial Yasukuni Shrine, which memorializes Japan’s war dead, including convicted war criminals. While her confirmation by parliament is likely, it will not be automatic, reflecting the LDP’s weakened position.