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