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Former Japanese Prime Minister Shinzo Abe was killed at a July 8 campaign rally.
The conservative minority in Japan may have found changes introduced by Abe too radical for their comfort and may have spurred negativity, which may have led to his assassination.
The killer believed Abe was linked to a religious group he blamed for his mother's financial ruin and spent months planning the attack with a homemade gun.
Police said they will review the security arrangement that had been in place while Abe was delivering his speech on Friday morning.
'Abe's life may have been cut short tragically, but his legacy will endure forever,'
Kishida, who belongs to the same political party as Abe, returned to Tokyo from a campaign trip after the shooting.
Public broadcaster NHK reported that the accused said he wanted to kill Abe because he had complaints about him unrelated to politics.
The conservative lawmaker, who quit abruptly as premier in 2007 after one year in the post, swept back for a rare second stint in 2012.
Kishida replaces outgoing party leader Prime Minister Yoshihide Suga, who is stepping down after serving only one year since taking office last September.
The Ministry of Home Affairs on Monday announced the awards that include seven Padma Vibhushan awards, 10 Padma Bhushan awards and 102 Padma Shri awards.