Startups Prefer Progressive Party Team Mirai Over LDP in Japan

In a significant survey conducted by ANOBAKA following the results of Japan's 51st House of Representatives election, startup leaders have shown a notable preference for the progressive party 'Team Mirai'. This new political stance stands in stark contrast to their traditionally favored party, the Liberal Democratic Party (LDP), which recently secured a commanding victory.

Key Findings of the Survey

A Shift in Political Affiliation

Among the startup entrepreneurs surveyed, a remarkable 43.4% expressed that 'Team Mirai' was the party they were most interested in, outperforming the LDP, which garnered only 22.1%. This shift signals a growing sentiment among startup leaders for a change in political leadership, favoring progressive reforms over traditional political stability.

Concerns About Economic Policy

Despite their enthusiasm for 'Team Mirai', many entrepreneurs also voiced their concerns regarding economic policies under the new government. The primary risks cited included potential increases in taxes and social security contributions alongside issues like currency depreciation and inflation. However, approximately 40% of respondents indicated that they are not particularly worried about how these policies will impact their startup operations.

Expectations for Growth Strategies

When asked about focus areas for investment, startups indicated strong interest in 'AI and semiconductors' along with 'content creation'. These sectors have emerged as pivotal in driving Japan's technological advancements and global competitiveness.

Detailed Survey Results

When asked about the current political landscape following a decisive majority win by the ruling party, more than 60% of startup owners expressed support for the stable government, appreciating the speed and decisiveness it brings to policymaking. Specifically, 63.9% either 'strongly supported' or 'somewhat supported' the government’s stability.

Conversely, regarding the transition to a ‘world of rising interest rates’ closely tied to aggressive fiscal policies, 41.0% perceived that its impact on their funding and operations would be limited. Many founders operating in equity-based startups feel that the benefits of market expansion from these policies outweigh any potential rise in costs due to interest rate hikes.

In terms of growth strategies, startup leaders pin their hopes primarily on AI and semiconductor technology, with 26.2% marking AI as the most consequential area of growth, followed by 19.7% in the content sector. This aligns with government investment strategies that prioritize tech innovation and domestic IP industries.

Survey respondents pointed out that existing political parties are failing to capture the interest of contemporary entrepreneurs, with 'Team Mirai' quickly gaining traction as a legitimate alternative. This shift reinforces the notion that startup leaders are transcending traditional political binaries, instead seeking forward-thinking solutions for Japan’s socioeconomic challenges.

Voices from Entrepreneurs

The survey also gathered feedback expressing both expectations and reservations regarding the new administration:

- Expectations

- "I hope investment in AI and semiconductors remains a priority; it is our last chance to lead in these fields."
- "Lowering barriers for startups in the defense sector could lead to innovative solutions that strengthen national security."
- "The stability provided by a strong administration can facilitate necessary reforms in long-standing regulations."

- Concerns

- "While I understand interest rates may rise, I wish for a reduction in support for 'zombie companies'."
- "We must avoid resuming financial supports that benefit only entrenched interests."
- "Stabilizing exchange rates and energy prices must be a priority to prevent cost increases that strain operational capacities."

- Key Suggestions

- "Demonstrating flexibility by incorporating ideas from opposition parties like 'Team Mirai' would be wise."
- "I strongly advocate for bringing in young politicians who understand technology and innovation."

Conclusion

Entrepreneurs express a combination of welcome for the new administration's stability and growth initiatives, along with a critical eye towards fiscal discipline. The significant attention given to 'Team Mirai' reveals a desire for substantial reforms and reflects the pragmatic outlook of startup leaders balancing entrepreunerial ambitions with a clear-eyed view of potential challenges.

Survey Overview

- Title: Survey on Startup Leaders' Views on the 51st House of Representatives Election and New Administration
- Period: February 10-12, 2026
- Participants: Startup leaders and executives
- Valid Responses: 61
- Method: Internet survey

About ANOBAKA

ANOBAKA, with the vision of 'Empowering Mad Dreams', operates a venture capital fund targeting seed-stage startups. The firm seeks to empower entrepreneurs to realize their ambitions through innovative technologies and business models, supported by specialized funds dedicated to areas such as generative AI.