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CEOWORLD magazine - Latest - CEO Explainers - Japan’s Largest Companies by market capitalization, 2024

CEO Explainers

Japan’s Largest Companies by market capitalization, 2024

As of February 19, 2025, Toyota Motor Corporation is the most valuable company in Japan, with a market cap of $242 billion. Following it are SONY GROUP CORPORATION ($150 billion) and MITSUBISHI UFJ FINANCIAL GROUP, INC ($154 billion).

Which one is the most valuable in Japan by market cap? This list comprises the biggest companies currently in Japan by market cap in 2024:

Japan’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1TOYOTA MOTOR CORPORATION$242 billion
2SONY GROUP CORPORATION$150 billion
3MITSUBISHI UFJ FINANCIAL GROUP, INC$154 billion
4HITACHI, LTD.$131 billion
5KEYENCE CORPORATION$104 billion
6FAST RETAILING CO., LTD.$99.49 billion
7SUMITOMO MITSUI FINANCIAL GROUP, INC.$99.82 billion
8RECRUIT HOLDINGS CO., LTD$98.69 billion
9SOFTBANK GROUP CORP.$93.44 billion
10NINTENDO CO., LTD.$87.87 billion
11NIPPON TELEGRAPH AND TELEPHONE CORPORATION$81.5 billion
12CHUGAI PHARMACEUTICAL CO., LTD$80.31 billion
13TOKYO ELECTRON LTD.$75.88 billion
14MIZUHO FINANCIAL GROUP, INC.$73.24 billion
15TOKIO MARINE HOLDINGS, INC.$66.07 billion
16KDDI CORPORATION$65.45 billion
17SOFTBANK CORP.$66.05 billion
18MITSUBISHI CORPORATION$63.44 billion
19SHIN-ETSU CHEMICAL CO., LTD.$60.21 billion
20ITOCHU CORPORATION$59.61 billion
21MITSUI & CO., LTD.$52.52 billion
22MITSUBISHI HEAVY INDUSTRIES, LTD.$48.09 billion
23DAIICHI SANKYO CO., LTD.$44.85 billion
24ADVANTEST CORPORATION$45.96 billion
25JAPAN TOBACCO, INC.$44.02 billion
26TAKEDA PHARMACEUTICAL COMPANY LIMITED$44.14 billion
27HOYA CORPORATION$43.36 billion
28HONDA MOTOR CO., LTD.$42.21 billion
29SEVEN & I HOLDINGS CO., LTD.$41.05 billion
30JAPAN POST BANK CO., LTD.$37.62 billion

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CEOWORLD magazine - Latest - CEO Explainers - Japan’s Largest Companies by market capitalization, 2024
Lila Jones
Senior News Editor at CEOWORLD Magazine. I'm a veteran correspondent for the CEOWORLD Magazine. During my career, I've been based in New York, Washington, DC, Brussels and London. Over the years I've written about everything from the debt crisis to Brexit and the rise of populism in Europe. I did a stint in London as the CEOWORLD Magazine's Europe News Editor and Deputy World News Editor. In my current post I try to capture life in a changing banking to finance landscape.