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What are the biggest companies in Japan by market cap?

This list ranks the biggest public companies in the Japanese market by market capitalisation. We’ll also highlight other key figures, such as revenue, gross profit, and 1-year return. Key facts like the company's exchange, founding year, and country are also covered.

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1. Toyota Motor Corp. 

• Market cap: $246.8 billion
• Revenue: $329.03 billion
• Gross profit: $63.5 billion
• 1-yr return: +14.38%
• Exchange: TSE
• Year founded: 1937
• Country: Japan

Designs, produces, and sells a wide range of vehicles across several brands. Their philosophy is key to their success, focusing on eliminating waste and continuous improvement (“kaizen”). This has built them a reputation for quality and long-term reliability. 

• Automotive sales: Largest source of revenue generated from sales of their core Toyota brand, their luxury division Lexus, and other brands like Daihatsu (small cars) and Hino (trucks). 
• Hybrid technology: pioneer of hybrid tech with the iconic Prius, with future strategy focusing on a diverse approach to electrification, and investment in next-gen electric cars and solid-state batteries. 

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2. SoftBank Group Corp. 

• Market cap: $194.89 billion
• Revenue: $25.74 billion
• Gross profit: N/A
• 1-yr return: +137.88%
• Exchange: TSE
• Year founded: 1981
• Country: Japan

A multinational conglomerate holdings company renowned for making huge, bold investments in the world’s boldest and most innovative tech companies.

• Vision fund: one of the world’s largest venture capital funds, with multi-billion dollar investments in late-stage startups and public companies across sectors like Artificial Intelligence (AI), biotech, and fintech.
• Arm holdings: its most valuable asset is its huge stake in the British firm that designs chips for most of the world’s smartphones, whilst maintaining interests in telecommunications and other technology assets. 

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3. Mitsubishi UFJ Financial Group 

• Market cap: $174.52 billion
• Revenue: $81.70 billion
• Gross profit: $8.28 billion
• 1-yr return: +59.18%
• Exchange: TSE
• Year founded: 2001
• Country: Japan

Japan’s largest bank and one of the world’s leading full-service financial institutions.

• Retail and commercial banking: serving millions of customers and businesses across Japan through its main banking unit, MUFG Bank, offering a full suite of services from deposits and loans to wealth management.
• Corporate and investment banking: provides large-scale financing, treasury, and securities management services to multinational corporations and institutional investors globally. 

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4. Sony Group Corporation

• Market cap: $171.37 billion
• Revenue: $85.36 billion
• Gross profit: $25.13 billion
• 1-yr return: +60.77%
• Exchange: TSE
• Year founded: 1946
• Country: Japan

A huge Japanese conglomerate that has evolved from a legendary electronics maker into a global entertainment and technology giant. 

• Entertainment empire: Sony Gaming produces the iconic PlayStation, Sony Music is one of the world’s largest record labels, and Sony Pictures produces major Hollywood films and TV.
• Technology: leader in high-end consumer electronics like Bravia TVs and Alpha camera, but its most critical business is imaging and sensing solutions, where it is a world leading manufacturer of the camera sensors used in a majority of smartphones, including the iPhone. 

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5. Hitachi Ltd.

• Market cap: $130.93 billion
• Revenue: $85.36 billion
• Gross profit: $19.29
• 1-yr return: +18.35%
• Exchange: TSE
• Year founded: 1980
• Country: Japan

An industrial conglomerate that’s evolved from a heavy industry giant to a technology leader focused on IT and social industry.

• Digital systems and services: IT solutions for its business customers focusing on data storage, AI, and its ‘Lumada’ Internet of Things platform (connects physical machinery to digital analytics).
• Green energy, mobility and connective industries: build and maintain critical infrastructure, from high speed rail, power grids, construction machinery and advanced automotive components.

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6. Sumitomo Mitsui Financial Group 

• Market cap: $104.08 billion
• Revenue: $64.18 billion
• Gross profit: N/A
• 1-yr return: +33.19%
• Exchange: TSE
• Year founded: 2002
• Country: Japan

One of Japan’s largest ‘megabanks’, SMFG is a major global financial institution and holdings company that operates globally in retail, corporate, and investment banking.

• Sumitomo Mitsui Banking Corporation: the group's main subsidiary, providing retail and commercial banking services to millions of individual customers and corporate clients across Japan.
• Corporate and investment banking: serves multinational clients with project financing and trade finance, alongside its securities division, SMBC Nikko Securities, which handles brokerage and underwriting. 

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7. Nintendo Co.

• Market cap: $98.33 billion
• Revenue: $10.12 billion
• Gross profit: $5.04 billion
• 1-yr return: +65.57%
• Exchange: TSE
• Year founded: 1889
• Country: Japan

World famous pioneer of the video game industry. The mastermind behind the Wii, DS, Switch and a range of iconic games.

• Consoles and hardware: core focus of the business, having evolved from the iconic Nintendo 64 and GameCube, to the Switch and 3DS.
• Games: some of the world’s most valuable entertainment intellectual property, such as Super Mario, The Legend of Zelda, and Pokémon franchises, which are being expanded into movies and theme parks.

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8. Fast Retailing Co. 

• Market cap: $95.33 billion
• Revenue: $22.75 billion
• Gross profit: $10.80 billion
• 1-yr return: -2.63%
• Exchange: TSE
• Year founded: 1949
• Country: Japan

Global fashion retail holding company that owns big names such as UNIQLO, GU, Theory and Helmut Lang.

• UNIQLO: core business offering, operating thousands of stores worldwide. They focus on producing high-quality, functional and affordable basic apparel for a mass audience.
• Other brands: focus on greater affordability through GU, and more premium offering through Theory.

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9. Keyence Corporation 

• Market cap: $92.19 billion
• Revenue: $7.27 billion
• Gross profit: $6.08 billion
• 1-yr return: -12.61%
• Exchange: TSE
• Year founded: 1972
• Country: Japan

A global leader in the development and manufacturing of factory automation sensors, measurement systems, and other industrial electronics.

• Tech: its core business involves creating high-tech products like sensors, vision systems, and laser markers that are essential for automating production lines in industries such as automotive, electronics, and food packaging.
• Sales: the company is renowned for its unique direct-sales business model, where a highly-trained salesforce works directly with customers on-site to solve complex engineering problems, leading to exceptionally high profit margins and a deep understanding of market needs.

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10. Mitsubishi Corporation

• Market cap: $88.25 billion
• Revenue: $123.26 billion
• Gross profit: $11.27 billion
• 1-yr return: +15.42%
• Exchange: TSE
• Year founded: 1950
• Country: Japan

Japan’s largest general trading company, Mitsubishi is a vast conglomerate that trades in nearly everything and acts as a major global investor.

• Commodities and products: traditional business trades everything from sourcing and distributing energy, metals and chemicals to food and machinery.
• Strategic investor: takes significant ownership stakes in businesses and develops large-scale industrial projects, such as power plants, mining operations, and retail enterprises around the world.

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What are the biggest companies by total annual revenue?

• Toyota Motor Corp.: $320.52 billion 
• Honda Motor Co Ltd.: $144.71 billion 
• Mitsubishi Corporation: $124.23 billion 
• Itochu Corporation: $98.18 billion 
• Mitsui & Co Ltd.: $97.78 billion

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What are the biggest companies by workforce?

• Toyota Motor Corp.: 383,850
• NTT Inc.: 341,320 
• Sumitomo Electric Industries Ltd.: 288,140
• Hitachi Ltd.: 282,740 
• Japan Post Holdings Ltd.: 218,720

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Summary

Understanding a company's performance is crucial; it's how you truly know what you own. These metrics directly drive the value of your stocks and funds. When you understand these key drivers, you can navigate market changes with confidence, rather than just reacting to headlines.

Next we’ll be looking at the biggest companies in the USA by market cap.

All market data sourced from TradingView and company reports as of 06.10.2025.

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than your original investment. Chip does not offer financial advice and this should not be considered as a personal recommendation.