Japan's Largest Companies

some of the largest corporations of Japan operate in Shizuoka prefecture's industry zone with amazing view of Mount Fuji
from Fortune's Global 500 list

Here is the list of the biggest companies of Japan in 2023:

RankCompanyFortune Global 500 RankRevenue ($M)Headquarters
1 Toyota Motor 19 274491 Toyota City
2 Mitsubishi 45 159371 Tokyo
3 Honda Motor 70 124912 Tokyo
4 Mitsui 93 105694 Tokyo
5 Itochu 96 103029 Osaka
6 Nippon Telegraph & Telephone 109 97049 Tokyo
7 ENEOS Holdings 122 91437 Tokyo
8 Seven & I Holdings 129 88078 Tokyo
9 Sony 140 85255 Tokyo
10 Japan Post Holdings 148 82291 Tokyo
11 Hitachi 153 80389 Tokyo
12 Nissan Motor 160 78287 Yokohama
13 Toyota Tsusho 176 72760 Nagoya
14 Nippon Life Insurance 181 71213 Osaka
15 Dai-ichi Life Holdings 182 70329 Tokyo
16 Mitsubishi UFJ Financial Group 187 68567 Tokyo
17 AEON 189 67985 Chiba
18 Marubeni 190 67898 Tokyo
19 Panasonic Holdings 218 61903 Osaka
20 Idemitsu Kosan 221 61424 Tokyo
21 Nippon Steel Corporation 236 58923 Tokyo
22 Tokyo Electric Power 242 57616 Tokyo
23 Sumitomo 282 50370 Tokyo
24 Tokio Marine Holdings 290 49119 Tokyo
25 SoftBank Group 295 48542 Tokyo
26 Denso 303 47292 Kariya
27 Sumitomo Mitsui Financial Group 321 45378 Tokyo
28 Mizuho Financial Group 350 42693 Tokyo
29 KDDI 357 41902 Tokyo
30 Meiji Yasuda Life Insurance 375 40018 Tokyo
31 JFE Holdings 382 38925 Tokyo
32 MS&AD Insurance Group Holdings 384 38796 Tokyo
33 Mitsubishi Electric 407 36967 Tokyo
34 Daiwa House Industry 418 36261 Osaka
35 Suzuki Motor 441 34292 Hamamatsu
36 Mitsubishi Chemical Group 442 34239 Tokyo
37 Sompo Holdings 447 34037 Tokyo
38 Aisin 470 32528 Kariya
39 Bridgestone 494 31298 Tokyo
40 Sumitomo Life Insurance 497 31218 Osaka
41 Mitsubishi Heavy Industries 499 31050 Tokyo

Japan - The Fading Economy


Japan is the world’s third largest economy and used to be one of the most powerful. So what went wrong?

The Japanese economy has been in decline for the past two decades. One of the main reasons for this is that the population is ageing rapidly and there are not enough young people to replace them in the workforce. This has led to stagnation in many sectors of the economy.

Another factor that has contributed to Japan’s economic decline is its high level of debt. The government has been borrowing heavily to fund stimulus packages and other initiatives, but this has only served to increase the country’s debt burden.

There are also structural problems with the Japanese economy, such as a lack of competition and innovation. These factors make it difficult for businesses to grow and create jobs.

Despite these challenges, there are some signs of hope for Japan’s economy. The country has recently embarked on a program of economic reforms, which could help to boost growth in the years ahead. There is also significant potential for Japan to benefit from the global shift towards digital technologies and e-commerce.

If Japan can successfully address these challenges, then it could once again become one of the world’s leading economies.

Source: Fortune

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Sergey Karpenko

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