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CEOWORLD magazine - Latest - Banking and Finance - Japan’s Largest Companies by market capitalization, 2024

Banking and Finance

Japan’s Largest Companies by market capitalization, 2024

As of January 6, 2025, Toyota Motor Corporation is the most valuable company in Japan, with a market cap of $262 billion. Following it are MITSUBISHI UFJ FINANCIAL GROUP, INC ($137 billion) and SONY GROUP CORPORATION ($129 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$262 billion
2MITSUBISHI UFJ FINANCIAL GROUP, INC$137 billion
3SONY GROUP CORPORATION$129 billion
4RECRUIT HOLDINGS CO., LTD$105 billion
5FAST RETAILING CO., LTD.$105 billion
6KEYENCE CORPORATION$99.61 billion
7SUMITOMO MITSUI FINANCIAL GROUP, INC.$93.37 billion
8SOFTBANK GROUP CORP.$84.17 billion
9NIPPON TELEGRAPH AND TELEPHONE CORPORATION$83.6 billion
10CHUGAI PHARMACEUTICAL CO., LTD$73.19 billion
11TOKIO MARINE HOLDINGS, INC.$70.96 billion
12ITOCHU CORPORATION$70.84 billion
13TOKYO ELECTRON LTD.$70.69 billion
14NINTENDO CO., LTD.$68.54 billion
15SHIN-ETSU CHEMICAL CO., LTD.$66.63 billion
16MITSUBISHI CORPORATION$65.78 billion
17KDDI CORPORATION$64.43 billion
18MIZUHO FINANCIAL GROUP, INC.$62.24 billion
19MITSUI & CO., LTD.$61.21 billion
20SOFTBANK CORP.$59.95 billion
21DAIICHI SANKYO CO., LTD.$52.1 billion
22MITSUBISHI HEAVY INDUSTRIES, LTD.$47.51 billion
23JAPAN TOBACCO, INC.$46.04 billion
24HONDA MOTOR CO., LTD.$45.26 billion
25HOYA CORPORATION$43.69 billion
26ADVANTEST CORPORATION$43.22 billion
27TAKEDA PHARMACEUTICAL COMPANY LIMITED$42.12 billion
28SEVEN & I HOLDINGS CO., LTD.$41.01 billion
29DENSO CORPORATION$40.67 billion
30ORIENTAL LAND CO., LTD.$35.64 billion

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CEOWORLD magazine - Latest - Banking and Finance - 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.