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Visualizing Japan’s Top 25 Companies by Market Cap

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See this visualization first on the Voronoi app.

Graphic showing Japan’s 25 largest corporations.

Japan’s Top 25 Companies by Market Cap

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Japan’s top companies are worth a combined $2 trillion.

In this graphic, we use data from CompaniesMarketCap to list the country’s largest corporations, as measured by market capitalization as of Feb. 2, 2024.

Automaker and Electronics Company Lead

Japan is the third largest economy in the world after the United States and China, and also one of the top producers of manufactured goods globally.

The country’s largest company, automaker Toyota, has a market cap of over $273 billion. The company is the largest automobile manufacturer globally, producing about 10 million vehicles per year. It is also the 20th biggest company in the world.

In addition, the automaker is considered the most valuable brand in Japan, worth $53 billion.

RankNameSectorMarket Cap (USD)
1ToyotaConsumer Discretionary273,143,000,000
2SonyConsumer Discretionary121,276,000,000
3Mitsubishi UFJ FinancialFinancials112,989,000,000
4KeyenceTechnology108,077,000,000
5Nippon Telegraph & TelephoneCommunication Services106,295,000,000
6Tokyo ElectronTechnology87,707,456,525
7Fast RetailingConsumer Discretionary80,279,788,422
8Shin-Etsu ChemicalIndustrial79,917,463,493
9HitachiConglomerate74,758,274,959
10Mitsubishi CorporationConglomerate71,239,298,556
11KDDICommunication Services69,347,949,137
12Sumitomo Mitsui Financial GroupFinancials68,730,634,240
13NintendoCommunication Services66,761,374,986
14Itochu ShojiIndustrial65,654,901,787
15SoftBankFinancials63,807,211,511
16RecruitTechnology61,940,459,689
17Oriental LandConsumer Discretionary59,854,280,904
18Mitsui BussanIndustrial59,414,309,869
19Daiichi SankyoHealth Care58,176,818,863
20Chugai PharmaceuticalHealth Care57,498,589,104
21HondaConsumer Discretionary54,203,588,608
22Tokio MarineFinancials50,610,597,498
23Mizuho Financial GroupFinancials47,274,393,600
24DensoIndustrial47,119,375,583
25Japan TobaccoConsumer Discretionary46,744,684,688

In second place, Sony Group produces a variety of consumer electronics and entertainment products, including televisions, audio equipment, cameras, smartphones, and video games. The company also includes brands such as Sony Pictures and Sony Music, as well as a financial arm.

The list also includes Mitsubishi UFJ Financial (MUFJ), Japan’s largest financial group with nearly $3 trillion in assets, and Recruit, an HR company that owns the job search engine Indeed, as well as the employer review site Glassdoor.

Nintendo, a well-known brand outside of Japan, ranks 13th among the biggest Japanese companies.

At the bottom, Japan Tobacco is the company responsible for selling two well-known American brands, American Spirit and Camel, outside of the United States.

Most of the largest companies in Japan are in the consumer discretionary sector (24%), followed by financial firms (20%) and industrial groups (16%).

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