eFXdata reports that analysts at Credit Agricole CIB Research provide their USD/JPY outlook.

"Fumio Kishida, former Chair of the LDP’s Research Council and Foreign Affairs Minister in Shinzo Abe’s cabinet, will be Japan’s new PM following the LDP Presidential election yesterday." 

"The Nikkei and the JPY did not react to the election result for several reasons... This leaves USD/JPY sensitive to UST yields and market sentiment. We maintain a year-end target for the exchange rate of 115 and stay long USD/JPY as a trade recommendation."