As of January 16, 2025, Toyota Motor Corporation is the most valuable company in Japan, with a market cap of $243 billion. Following it are MITSUBISHI UFJ FINANCIAL GROUP, INC ($140 billion) and SONY GROUP CORPORATION ($123 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
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | TOYOTA MOTOR CORPORATION | $243 billion |
| 2 | MITSUBISHI UFJ FINANCIAL GROUP, INC | $140 billion |
| 3 | SONY GROUP CORPORATION | $123 billion |
| 4 | KEYENCE CORPORATION | $99.79 billion |
| 5 | RECRUIT HOLDINGS CO., LTD | $99.15 billion |
| 6 | FAST RETAILING CO., LTD. | $94.67 billion |
| 7 | SUMITOMO MITSUI FINANCIAL GROUP, INC. | $94.35 billion |
| 8 | SOFTBANK GROUP CORP. | $82.81 billion |
| 9 | NIPPON TELEGRAPH AND TELEPHONE CORPORATION | $81.52 billion |
| 10 | TOKYO ELECTRON LTD. | $75.16 billion |
| 11 | NINTENDO CO., LTD. | $71.1 billion |
| 12 | CHUGAI PHARMACEUTICAL CO., LTD | $70.53 billion |
| 13 | TOKIO MARINE HOLDINGS, INC. | $65.56 billion |
| 14 | ITOCHU CORPORATION | $65.23 billion |
| 15 | SHIN-ETSU CHEMICAL CO., LTD. | $64.47 billion |
| 16 | MIZUHO FINANCIAL GROUP, INC. | $64 billion |
| 17 | MITSUBISHI CORPORATION | $63.34 billion |
| 18 | KDDI CORPORATION | $62.09 billion |
| 19 | SOFTBANK CORP. | $58.45 billion |
| 20 | MITSUI & CO., LTD. | $56.33 billion |
| 21 | DAIICHI SANKYO CO., LTD. | $49.05 billion |
| 22 | HOYA CORPORATION | $44.9 billion |
| 23 | JAPAN TOBACCO, INC. | $44.72 billion |
| 24 | MITSUBISHI HEAVY INDUSTRIES, LTD. | $44.49 billion |
| 25 | HONDA MOTOR CO., LTD. | $43.61 billion |
| 26 | ADVANTEST CORPORATION | $42.78 billion |
| 27 | TAKEDA PHARMACEUTICAL COMPANY LIMITED | $41.49 billion |
| 28 | SEVEN & I HOLDINGS CO., LTD. | $40.49 billion |
| 29 | DENSO CORPORATION | $39.17 billion |
| 30 | JAPAN POST BANK CO., LTD. | $35.07 billion |
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