Japan’s Takaichi Vows Sustainable Finance, Faster Tax Cut Talks

Japanese Prime Minister Sanae Takaichistuck to a cautious line on fiscal policy and a sales tax reduction in her first comments since polls closed with her ruling party on track for a landslide victory.

The premier reiterated her view that it is important for fiscal policy to be sustainable as she continues to try and ease concerns among investors about her spending plans.

“We will accelerate talks over a sales tax reduction,” Takaichi told reporters. She said a tax bill would be submitted to parliament if agreement is reached.

Sanae Takaichi speaks at the Liberal Democratic Party’s headquarters in Tokyo on Feb. 8.

Photographer: Toru Hanai/Bloomberg

On a TV program, Takaichi said that she’d like ...