The Prime Minister of Japan has resigned, and Japanese stocks plummeted on the news -- with a few noteable exceptions. Stock in Mandarake (covered in a previous blog post) rose 12.95%; and shares of Broccoli (owner of the Gamers chain of anime and manga stores) soared 71%.
Why? Because a frontrunner to replace the PM, Tarō Asō, is a huge manga and anime fan. Unfortunately -- as manga creator Kouta Hirano pointed out at a panel during Anime Vegas last year -- he is also known as a jingoist, and as extremely conservative. It remains to be seen whether the Liberal Democratic Party will cater to otaku voters and elect Asō to the office.
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