Top 25 Japan’s Largest Companies by Market Cap in March 2024

From automotive giants like Toyota to technology innovators such as Sony and SoftBank, these companies showcase Japan's commitment to excellence and resilience.


In March 2024, Japan’s corporate landscape stands as a testament to its economic prowess and innovation. With a rich tapestry of industries and companies driving growth, Top 25 Japan’s Largest Companies by Market Cap in March 2024 hold pivotal positions in the global market.

From automotive giants like Toyota to technology innovators such as Sony and SoftBank, these companies showcase Japan’s commitment to excellence and resilience.

Join us as we delve into the intricacies of Japan’s corporate giants, exploring their contributions to the nation’s economy and their impact on the global stage.

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Sumitomo Mitsui Financial Group, Inc. (Market Cap: ¥6.5 trillion)

Sumitomo Mitsui Financial Group (SMFG) is a leading financial services conglomerate, offering a wide range of banking, leasing, securities, and asset management services.

With a global network spanning over 40 countries, SMFG serves corporations, institutions, and individuals, contributing to Japan’s financial stability and fostering economic growth both domestically and internationally.

The group’s commitment to innovation and sustainability aligns with its vision of becoming a trusted partner in the evolving financial landscape.

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Panasonic Corporation (Market Cap: ¥6.2 trillion)

Panasonic is a multinational electronics corporation known for its innovative consumer electronics, appliances, and sustainable energy solutions.

From televisions and home appliances to solar panels and batteries, Panasonic’s products enhance daily life while promoting environmental conservation.

The company’s investments in smart home technologies, electric vehicles, and renewable energy systems reflect its commitment to creating a sustainable future for generations to come.

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Mitsubishi Corporation (Market Cap: ¥5.8 trillion)

Mitsubishi Corporation is a diversified conglomerate engaged in various business sectors, including energy, metals, machinery, chemicals, and finance.

With a global network spanning over 90 countries, Mitsubishi Corporation facilitates trade, investment, and infrastructure development worldwide.

The company’s integrated business model and strategic partnerships enable it to adapt to changing market dynamics while driving sustainable growth and value creation.

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Takeda Pharmaceutical Company Limited (Market Cap: ¥5.4 trillion)

Takeda Pharmaceutical Company is one of Japan’s largest pharmaceutical companies, specializing in research, development, and marketing of innovative drugs and therapies.

With a focus on oncology, gastroenterology, and rare diseases, Takeda’s products address unmet medical needs and improve patient outcomes worldwide.

The company’s commitment to scientific excellence, patient-centricity, and corporate social responsibility drives its mission to bring better health and a brighter future to people everywhere.

Dai-ichi Life Holdings, Inc. (Market Cap: ¥5.1 trillion)

Dai-ichi Life Holdings provides life insurance and financial services. It offers protection, savings, and investment products.

The company has a legacy of over a century. It has earned trust from millions of policyholders. Dai-ichi Life provides financial security and peace of mind.

It prioritizes customer satisfaction and risk management. The company focuses on sustainable growth. This ensures resilience in a competitive insurance market.

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Bridgestone Corporation (Market Cap: ¥4.9 trillion)

Bridgestone, a top tire and rubber company globally. Offers products for automotive, construction, agriculture, and industry.Focuses on innovation, quality, sustainability.

Enhances vehicle performance, safety, fuel efficiency. Minimizes environmental impact. Invests in advanced materials, manufacturing, digital tech.
A global leader in mobility solutions.

Nomura Holdings, Inc. (Market Cap: ¥4.6 trillion)

Nomura Holdings is Japan’s premier investment bank and financial services group.It offers a comprehensive range of products and solutions globally.

Nomura’s expertise covers investment banking, securities trading, asset management, and wealth management. The company is committed to integrity, innovation, and client satisfaction. Its mission is to help individuals, institutions, and governments achieve financial goals.

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NEC Corporation (Market Cap: ¥4.3 trillion)

NEC is a global technology company specializing in information technology, telecommunications, and public infrastructure solutions.

From AI-powered facial recognition systems to cybersecurity software and cloud computing services. NEC’s innovations empower governments, businesses, and communities to thrive in a digital world.

The company’s commitment to safety, security, and sustainability underpins its mission to create social value and contribute to a safer, more prosperous society.

Shin-Etsu Chemical Co., Ltd. (Market Cap: ¥4.1 trillion)

Shin-Etsu Chemical is a leading manufacturer of silicones, semiconductor materials.

It is specialty chemicals, serving a wide range of industries, including electronics, automotive, healthcare, and construction.

With a focus on research and development, quality assurance, and customer satisfaction. Shin-Etsu’s products enable technological advancements and enhance product performance and reliability.

The company’s global presence and commitment to sustainability reinforce its position as a trusted partner for innovation and growth.

Mitsubishi Electric Corporation (Market Cap: ¥3.9 trillion)

Mitsubishi Electric is a global leader in electrical and electronic equipment. It is offering a diverse portfolio of products and services for industrial,

commercial, and residential applications. From air conditioners and elevators to factory automation systems and satellite communication systems. Mitsubishi Electric’s innovations improve efficiency, comfort, and convenience in daily life.

The company’s commitment to quality, reliability, and environmental sustainability drives. Its mission to create a vibrant and sustainable society for future generations.

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Mitsui & Co., Ltd. (Market Cap: ¥3.7 trillion)

Mitsui & Co. is a diversified trading, investment, and service company with operations spanning energy, metals, machinery, infrastructure, chemicals, and food products.

Leveraging its global network and industry expertise, Mitsui facilitates trade, investment, and business development opportunities worldwide.

The company’s commitment to sustainable growth, corporate social responsibility, and stakeholder engagement underscores. Its role as a responsible corporate citizen contributing to global prosperity and sustainability.

Canon Inc. (Market Cap: ¥3.5 trillion)

Canon is a multinational corporation specializing in imaging and optical products, including cameras, lenses, printers, and medical equipment.

Canon’s products empower professionals and consumers. They capture, create, and share moments that matter. The company prioritizes environmental sustainability. It focuses on social responsibility and technological advancement. Canon’s vision is to enrich lives through imaging excellence and innovation.

KDDI Corporation (Market Cap: ¥3.3 trillion)

KDDI is one of Japan’s leading telecommunications companies, providing mobile, fixed-line, internet, and data center services to businesses and consumers.

With a focus on network reliability, innovation, and customer service, KDDI connects people, businesses, and communities across Japan and around the world.

The company’s investments in 5G technology, IoT solutions, and digital content platforms drive its mission to create value and enrich society through connectivity and communication.

Fujitsu Limited (Market Cap: ¥3.1 trillion)

Fujitsu is a global technology company. It offers IT services, cloud computing, cybersecurity, and digital transformation solutions.

Fujitsu has a legacy of innovation and expertise. It empowers businesses and organizations in a digital world.

The company is committed to co-creation, sustainability, and societal impact. Its mission is to leverage technology for the betterment of society and the environment.

Tokyo Electric Power Company Holdings, Inc. (Market Cap: ¥3.0 trillion)

Tokyo Electric Power Company (TEPCO) is one of Japan’s largest electric utility companies, providing electricity to millions of customers in the Tokyo metropolitan area and beyond.

With a focus on safety, reliability, and sustainability, TEPCO operates a diverse portfolio of power generation facilities, including nuclear, thermal, hydroelectric, and renewable energy sources.

The company’s investments in renewable energy, smart grid technology, and energy efficiency initiatives support Japan’s transition to a low-carbon, resilient energy future.

ANA Holdings Inc. (Market Cap: ¥2.9 trillion)

ANA Holdings, the parent company of All Nippon Airways (ANA), is one of Japan’s largest airlines and a key player in the global aviation industry.

With a modern fleet of aircraft and a focus on safety, comfort, and service excellence, ANA serves domestic and international routes, connecting passengers to destinations around the world.

The company’s commitment to innovation, sustainability, and customer satisfaction reinforces its position as a preferred choice for travelers.

Japan Tobacco Inc. (Market Cap: ¥2.8 trillion)

Japan Tobacco is a leading tobacco company with a diverse portfolio of cigarette brands and tobacco-related products.

With a focus on harm reduction and regulatory compliance, Japan Tobacco invests in research and development to create reduced-risk products and alternatives to traditional tobacco products.

The company’s commitment to corporate governance, ethical business practices, and stakeholder engagement underpins its efforts to contribute positively to public health and society.

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Tokyo Gas Co., Ltd. (Market Cap: ¥2.7 trillion)

Tokyo Gas is one of Japan’s largest natural gas utilities, providing reliable and affordable energy solutions to residential, commercial, and industrial customers.

With a focus on safety, environmental sustainability, and customer service, Tokyo Gas invests in infrastructure upgrades, renewable energy projects, and energy efficiency initiatives to meet evolving energy needs and reduce carbon emissions.

The company’s commitment to innovation and social responsibility drives its mission to create a sustainable energy future for all.

Orix Corporation (Market Cap: ¥2.6 trillion)

Orix Corporation is a diversified financial services conglomerate offering leasing, lending, investment, and asset management solutions to clients worldwide.

With a global presence and a focus on innovation, Orix serves a wide range of industries, including finance, real estate, infrastructure, and renewable energy.

The company’s commitment to integrity, diversity, and corporate citizenship underpins its efforts to create long-term value for customers, shareholders, and society.

Rakuten Group, Inc. (Market Cap: ¥2.5 trillion)

Rakuten is Japan’s largest e-commerce company and a global leader in internet services, digital content, fintech, and telecommunications.

With a diverse ecosystem of online marketplaces, payment solutions, streaming platforms, and mobile networks, Rakuten empowers businesses and consumers to connect, shop, and transact seamlessly.

The company’s commitment to innovation, entrepreneurship, and customer-centricity drives its mission to empower individuals and businesses to thrive in the digital age.

Subaru Corporation (Market Cap: ¥2.4 trillion)

Subaru is a leading automotive manufacturer known for its innovative engineering, safety features, and all-wheel-drive technology.

With a focus on performance, reliability, and versatility, Subaru’s lineup of vehicles includes sedans, SUVs, and sports cars that appeal to a wide range of customers worldwide.

The company’s commitment to environmental sustainability, safety, and social responsibility reinforces its reputation as a trusted and responsible automaker.

Sekisui House, Ltd. (Market Cap: ¥2.3 trillion)

Sekisui House is one of Japan’s largest homebuilders and a pioneer in sustainable and eco-friendly housing solutions.

With a focus on innovation, design, and community development, Sekisui House creates residential neighborhoods and mixed-use developments that prioritize energy efficiency, environmental conservation, and quality of life.

The company’s commitment to social responsibility, urban planning, and customer satisfaction drives its mission to create homes and communities where people can live, work, and thrive.

Tokyo Electron Limited (Market Cap: ¥2.2 trillion)

Tokyo Electron is a leading supplier of semiconductor production equipment and technology, serving semiconductor manufacturers worldwide.

With a focus on innovation, reliability, and customer support, Tokyo Electron’s products enable the production of advanced semiconductor chips used in smartphones, computers, and other electronic devices.

The company’s commitment to research and development, manufacturing excellence, and sustainability underpins its efforts to drive technological progress and industry growth.

Mitsubishi Heavy Industries, Ltd. (Market Cap: ¥2.1 trillion)

Mitsubishi Heavy Industries (MHI) is a diversified engineering and manufacturing company with operations in aerospace, defense, energy, machinery, and infrastructure.

With a legacy of innovation and expertise, MHI develops cutting-edge technologies and solutions that address global challenges such as climate change, urbanization, and security.

The company’s commitment to sustainability, safety, and corporate citizenship reinforces its role as a trusted partner in shaping a sustainable and resilient future.

East Japan Railway Company (Market Cap: ¥2.0 trillion)

East Japan Railway Company (JR East) is one of Japan’s largest railway operators, providing passenger and freight transportation services in the Greater Tokyo Area and beyond.

With a focus on safety, punctuality, and customer service, JR East operates a vast network of commuter trains, shinkansen (bullet trains), and regional rail services, connecting millions of people to their destinations every day.

The company’s commitment to innovation, accessibility, and sustainability drives its mission to enhance mobility and quality of life for all.

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These Top 25 Japan’s Largest Companies by Market Cap in March 2024 represent the pinnacle of corporate success and innovation in Japan.

From automotive giants like Toyota and Honda to technology innovators like Sony and SoftBank, these companies drive economic growth, technological advancement, and societal progress both domestically and globally.

With a commitment to excellence, sustainability, and corporate social responsibility, these companies continue to shape the future of Japan’s economy and contribute to a brighter, more prosperous world for all.

Editorial Team
Editorial Team
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