Economy The Top 16 Japanese companies

Yahoo Finance took a look at Japan's Top 16 companies.

The Japanese business landscape is diverse and is known for its ability to adapt and thrive in challenging economic times. According to Business Standard, the nominal GDP in FY 2023 is forecasted to set a new high of 571 trillion yen, a 2.1% increase from the previous fiscal year, despite the economic downturn around the world.

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Only one Japanese company is listed in the Global Top 100: Toyota Corporation, ranking 28th. The Global Top 100 are dominated by U.S. and Chinese companies. In terms of market capitalisation, Japan ranks 13th among the Global Top 100.

Japan's Top 16:

[TABLE=collapse]
[TR]
[TH]Position[/TH]
[TH]Company[/TH]
[TH]Market capitalisation[/TH]
[/TR]
[TR]
[TD][/TD]

[TD]Toyota Motor Corporation[/TD]
[TD]USD 197.4 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Sony Group Corporation[/TD]
[TD]USD 114.9 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Keyence Corporation[/TD]
[TD]USD 110.8 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Nippon Telegraph and Telephone Corporation[/TD]
[TD]USD 101.3 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Mitsubishi UFJ Financial Group, Inc.[/TD]
[TD]USD 92.6 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]SoftBank Group Corp.[/TD]
[TD]USD 71.5 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]KDDI Corporation[/TD]
[TD]USD 65.1 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Fast Retailing Co., Ltd.[/TD]
[TD]USD 63.2 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Shin-Etsu Chemical Co., Ltd.[/TD]
[TD]USD 59.6 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Daiichi Sankyo Company, Limited[/TD]
[TD]USD 59.0 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Sumitomo Mitsui Financial Group, Inc.[/TD]
[TD]USD 58.8 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Tokyo Electron Limited[/TD]
[TD]USD 56.7 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Recruit Holdings Co., Ltd.[/TD]
[TD]USD 54.5 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Oriental Land Co., Ltd.[/TD]
[TD]USD 54.1 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Daikin Industries, Ltd.[/TD]
[TD]USD 51.1 billion[/TD]
[/TR]
[TR]
[TD][/TD]

[TD]Nintendo Co., Ltd.[/TD]
[TD]USD 50.0 billion[/TD]
[/TR]
[/TABLE]