List of largest Japanese companies explained

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.

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.^[1] 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!Headquarters

1	10	Toyota	Automotive	279,377	25,371	557,522	372,817	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	333,840	Tokyo
6	88	Mitsui	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	368,247	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		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.^[2]

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 Motor	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

See also

• List of companies of Japan
• List of the largest trading partners of Japan

Notes and References

1. Web site: Global 500 . 2022-09-01 . Fortune . en.
2. Web site: CONTRERAS" . "ANDREA MURPHY"," ISABEL . The Global 2000 2022 . 2022-09-03 . Forbes . en.