List of largest Japanese companies

This article lists the largest companies in Japan in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes, as well as the UK-based B2B data provider Global Database.

2024 Global Database list

This list displays selected Japanese companies ranked among the largest by annual revenue in 2024, based on the most recent available financial data from Global Database, a UK-based B2B company intelligence provider. Figures are shown in millions of US dollars for the fiscal year 2024. Also listed are the headquarters location, industry sector, and other relevant corporate details for each company.

Rank Name Industry Revenue

(FY2020)
USD millions

1 Toyota Automotive 275,790
2 Honda Automotive, Motorcycles, 137,580
3 Mitsubishi Corporation Conglomerate 136,190
4 Japan Post Holdings Conglomerate 110,110
5 Nippon Telegraph and Telephone Telecommunications 109,650

2022 Fortune list

This list displays all 45 Japanese companies that are in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2021. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Fortune 500
rank
Name Industry Revenue
(USD millions)
Profits
(USD millions)
Assets
(USD millions)
Employees

(FY2021/2022)

Headquarters
1 10 Toyota Automotive 279,377 25,371 557,522 361,255 Toyota
2 41 Mitsubishi Conglomerate 153,690 8,345 180,479 80,728 Tokyo
3 61 Honda Automotive 129,546 6,294 197,456 204,035 Tokyo
4 78 Itochu Trading 109,215 7,302 100,104 136,722 Tokyo
5 83 Nippon Telegraph and Telephone Telecommunications 108,215 10,513 196,542 338,575 Tokyo
6 88 Mitsui & Co. Conglomerate 104,664 8,142 122,916 44,336 Tokyo
7 94 Japan Post Holdings Conglomerate 100,278 4,466 2,502,652 232,112 Tokyo
8 113 Hitachi Conglomerate 91,374 5,194 114,385 355,091 Tokyo
9 116 Sony Conglomerate 88,320 4,781 79,468 41,852 Tokyo
10 140 ENEOS Holdings Oil and Gas 80,132 4,781 79,468 41,852 Tokyo
11 147 Seven & I Holdings Co. Retail 78,458 1,890 75,888 127,196 Tokyo
12 148 AEON Retail 78,155 58.3 101,016 288,064 Chiba
13 157 Marubeni Trading 75,742 3,777 67,997 49,623 Tokyo
14 161 Nissan Automotive 74,994 1,918 134,844 141,983 Yokohama
15 164 Nippon Life Insurance 74,392 3,086 727,962 92,737 Osaka
16 167 Dai-ichi Life Insurance 73,082 3,644 542,633 62,294 Tokyo
17 172 Toyota Tsusho Trading 71,464 1,978 50,598 65,218 Nagoya
18 193 Panasonic Electronics 65,774 2,273 66,086 240,198 Osaka
19 214 Nippon Steel Steel 60,612 5,673 72,089 115,667 Tokyo
20 234 SoftBank Group Conglomerate 55,383 −15,204 391,604 59,721 Tokyo
21 240 Mitsubishi UFJ Financial Group Financials 54,087 10,066 3,078,263 135,042 Tokyo
22 250 Idemitsu Kosan Oil and Gas 52,335 2,488 37,897 16,606 Tokyo
23 253 Tokio Marine Insurance 52,198 3,743 224,411 43,048 Tokyo
24 278 Denso Automotive 49,098 2,349 61,216 167,950 Kariya
25 279 Sumitomo Group Trading 48,916 4,127 78,924 74,253 Tokyo
26 290 Tokyo Electric Power Company Electric utility 47,268 50.2 105,868 37,939 Tokyo
26 309 MS&AD Insurance Group Insurance 45,685 2,339 206,192 39,962 Tokyo
27 351 Mitsubishi Electric Electronics 39,851 1,811 42,072 145,696 Tokyo
28 354 Daiwa House Construction 39,520 2,005 45,072 48,831 Osaka
29 358 JFE Holdings Steel 38,858 2,564 43,554 64,296 Tokyo
30 377 Meiji Yasuda Life Insurance 37,515 1,618 397,022 48,179 Tokyo
31 383 Sompo Holdings Insurance 37,098 2,001 113,564 47,776 Tokyo
32 388 Sumitomo Mitsui Financial Group Banking 36,596 6,290 2,122 101,023 Tokyo
33 401 Mitsubishi Chemical Holdings Chemicals 35,402 1,577 45,909 69,784 Tokyo
34 404 Mizuho Financial Group Banking 35,279 4,722 1,952,608 52,464 Tokyo
35 409 Aisin Seiki Automotive 34,872 221 119,535 Kariya
36 418 Mitsubishi Heavy Industries Industrials 34,363 1,010 42,141 77,991 Tokyo
37 442 Sumitomo Life Insurance Insurance 32,041 406 354,124 42,954 Osaka
38 444 Canon Inc. Electronics 32,005 1,956 41,265 184,034 Tokyo
39 446 Fujitsu Telecommunications 31,929 1,626 27,442 124,216 Tokyo
40 448 Takeda Pharmaceutical Pharmaceuticals 31,771 2,048 108,541 47,347 Tokyo
41 449 Suzuki Motor Automotive 31,765 1,427 34,224 69,193 Hamamatsu
42 476 Sumitomo Electric Industries Electronics 28,578 669 283,910 Osaka
43 480 Toshiba Electronics 29,705 1,732 30,759 116,224 Tokyo
44 484 Bridgestone Automotive 29,570 3,589 39,736 135,636 Tokyo
45 489 Medipal Holdings Retail 29,295 261.9 14,080 14,454 Tokyo

2022 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2021. The top 50 companies in the Forbes 2000 from Japan are listed.

Rank Forbes
2000 rank
Name Headquarters Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1 10 Toyota Toyota 281.75 28.15 552.46 237.73 Automotive
2 44 SoftBank Group Tokyo 96.86 20.87 418.94 71.69 Conglomerate
3 52 Nippon Telegraph and Telephone Tokyo 110.39 10.15 204.46 103.98 Telecommunications
4 56 Sony Tokyo 89.90 7.99 260.48 108.84 Conglomerate
4 59 Mitsubishi UFJ Financial Group Tokyo 48.29 11.29 3,176.37 75.75 Financials
5 103 Honda Tokyo 130.16 7.24 193.22 44.99 Automotive
6 104 Mitsubishi Tokyo 146.94 5.90 178.13 50.87 Conglomerate
7 127 Sumitomo Mitsui Financial Group Tokyo 35.50 6.40 2,176.62 42.33 Banking
8 140 Mitsui Tokyo 65.50 3.70 114.30 24.10 Conglomerate
9 141 Itochu Osaka 107.99 6.52 102.18 45.95 Trading
10 145 Hitachi Tokyo 82.90 1.80 94.60 29.30 Conglomerate
11 146 KDDI Tokyo 47.80 5.90 86.50 66.90 Telecommunications
12 157 Japan Post Holdings Tokyo 103.58 3.93 2,614.33 26.56 Conglomerate
13 178 Tokio Marine Tokyo 50.57 3.85 234.91 35.19 Insurance
14 186 Mizuho Financial Group Tokyo 26.76 5.42 1,957.58 31.38 Banking
15 213 Dai-ichi Life Tokyo 66.73 4.47 571.45 19.9 Insurance
16 213 Takeda Pharmaceutical Tokyo 31.55 3.99 110.27 45.32 Pharmaceuticals
17 260 Seven & I Holdings Co. Tokyo 78.47 1.89 75.88 39.19 Retail
18 265 Denso Kariya 49.49 2.51 61.51 45.14 Automotive
19 312 Marubeni Tokyo 72.32 3.51 63.99 19.70 Trading
20 320 Sumitomo Group Tokyo 48.22 2.69 77.8 20.28 Trading
21 331 Nippon Steel Tokyo 57.54 5.45 74.59 14.92 Steel
22 342 Panasonic Osaka 65.97 2.10 64.06 20.98 Electronics
23 343 MS&AD Insurance Group Tokyo 41.89 1.81 216.37 16.51 Insurance
24 344 Orix Osaka 22.73 2.38 122.37 21.71 Financials
25 364 Japan Tobacco Tokyo 21.16 3.08 50.14 30.53 Tobacco
26 381 Shin-Etsu Chemical Tokyo 17.2 3.95 32.64 57.46 Chemicals
27 384 ENEOS Holdings Tokyo 90.31 3.45 79.99 11.38 Oil and Gas
28 386 Sompo Japan Nipponkoa Insurance Tokyo 35.67 2.19 119.93 13.91 Insurance
29 406 Mitsubishi Electric Tokyo 40.34 2.13 41.12 22.76 Electronics
30 407 Nissan Yokohama 79.17 1.10 136.86 16.36 Automotive
31 417 Daikin Osaka 26.88 1.88 30.45 46.78 Electrical equipment
32 421 Canon Inc. Tokyo 31.98 1.95 41.26 24.66 Electronics
33 454 Recruit Holdings Tokyo 24.80 2.39 20.94 62.03 Electronics
34 459 Toyota Tsusho Tokyo 69.53 2.05 50.05 13.04 Trading
35 460 Toyota Industries Kariya 23.32 1.73 39.73 25.70 Machinery
36 464 Bridgestone Tokyo 29.54 1.47 39.73 25.70 Automotive
37 466 Daiwa House Osaka 38.86 1.89 47.86 15.82 Construction
38 473 Fujitsu Tokyo 32.83 1.93 27.06 29.14 Real estate
39 481 Nintendo Kyoto 15.24 4.29 21.77 58.01 Video game
40 493 Mitsui Fudosan Tokyo 18.26 1.40 71.09 20.04 Real estate
41 495 Komatsu Tokyo 24.51 1.78 34.97 22.06 Industrials
42 498 Fast Retailing Yamaguchi 19.27 1.89 22.93 51.27 Retail
43 503 Fujifilm Tokyo 22.57 1.93 32.36 22.93 Consumer goods
44 513 Murata Manufacturing Kyoto 16.28 2.83 23.07 38.94 Electronic
45 536 Toshiba Tokyo 30.13 1.69 30.76 18.19 Electronic
46 544 Tokyo Electron Tokyo 17.09 3.60 14.97 67.25 Electronic
47 549 Kubota Osaka 19.99 1.60 32.77 21.19 Agricultural machinery
48 560 Suzuki Motor Hamamatsu 32.56 1.54 34.68 15.39 Automotive
49 573 Asahi Group Tokyo 20.35 1.40 39.49 17.94 Beverage
50 603 Sumitomo Mitsui Trust Holdings Tokyo 10.67 1.43 553.78 11.81 Financials
51 653 Ricoh Tokyo 17.40 0.44 16.23 5.06 Electronics

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