What does a shocking parliamentary loss for Japan’s long-ruling party mean?

Associated Press

TOKYO (AP) — Japanese’s long-reigning coalition lost a majority in the parliamentary election, underscoring voters’ outrage over the party’s extensive financial scandals. It’s largely a reflection of voters’ anger at the repeated financial scandals that have hit the Liberal Democratic Party, which has ruled Japan nearly without interruption since 1955. Prime Minister Shigeru Ishiba said his task now is to work harder to push for political reform, improve the economy and regain people’s trust. Ishiba said Monday he would stick with his coalition partner Komeito and is not immediately seeking a partnership with the opposition.