Yoshihide Suga, Sept. 16 -- elected ruling Liberal Democratic Party leader, is set to take office as the new Prime Minister of Japan on Wednesday.

The cabinet of Japan's outgoing Prime Minister Shinzo Abe resigned en masse, ahead of parliament, marking an end to Abe's record-long tenure of nearly eight years, reports Xinhua.

Abe said he had given his all during his time as the national leader.

"I've spent every day putting my all into the economic recovery and diplomacy to protect Japan's interests," Abe told reporters at the prime minister's office.

"It's my honor to have been able to work on a range of issues along with people during this time. I want to thank everyone from the bottom of my heart," the outgoing leader said.