A thorough analysis of the latest performances of companies leading the Japanese economy!
Top 20 net profit rankings revealed
The 2024 net profit rankings for Japanese companies have been announced, with industry leaders proof of their strength. In this article, we will explore the factors that supported the growth of each company, as well as future growth strategies, based on the latest rankings We will also provide comprehensive information on company information and explain how to use it as a corporate database.
[Latest Japanese Company Net Profit Ranking] Overview of Top Companies
Based on information registered in the national company database, we have created a ranking of 2024 Japanese company net profits.
1st place: Toyota Motor Corporation (Stock Code: 7203)
- Sales 💰: 45.95325 billion yen
- Net income 🎉: 4,944,933 million yen
- President and CEO 👨💼: Sato Tsuneji
- Company Details 🌐: https://companydata.tsujigawa.com/company/1180301018771/Toyota
is still at the top and has established itself as a leader in the automotive industry 🌍. With its global sales network and high technical capabilities, we expect it to continue to grow in the future 🚘.
2nd place: Mitsubishi UFJ Financial Group Inc. (Stock Code: 8306)
- Sales 💰: 11,890,350 million yen
- Net income 🎉: 1.490.781 million yen
- Representative Executive Officer 👨💼: Kamezawa Hiroki
- Company details🌐: https://companydata.tsujigawa.com/company/4010001073486/Mitsubishi
UFJ is a giant in the financial industry, and its business development that makes use of its global network has been successful🌐
3rd place: Nippon Telegraph and Telephone Co., Ltd. (Stock Code: 9432)
- Sales 💰: 13.374.569 billion yen
- Net income 🎉: 1,279,521 million yen
- Representative Executive Officer 👨💼: Shimada Akira
- Company details 🌐: https://companydata.tsujigawa.com/company/7010001065142/
NTT (Nippon Telegraph and Telephone Co., Ltd.) is the core of communications infrastructure and leads digital transformation 📡.
Other top companies
Digitalization, expansion in the global market, and sustainable growth strategies are key points to boost growth.
4th place: Honda Motor Co., Ltd. (Stock Code: 7267)
- Sales 💰: 20.428.82 billion yen
- Net income 🎉: 1.107.174 billion yen
- Representative Executive Officer 👨💼: Mibe Toshihiro
- Company details 🌐: https://companydata.tsujigawa.com/company/6010401027577/
5th place: Mitsui & Co., Ltd. (Stock Code: 8031)
- Sales 💰: 13,324,942 million yen
- Net income 🎉: 1.63.684 billion yen
- President and CEO 👨💼: Hori Kenichi
- Company details 🌐: https://companydata.tsujigawa.com/company/1010001008767/
6th place: Sony Group Co., Ltd. (Stock Code: 6758)
- Sales 💰: 13.20768 billion yen
- Net income 🎉: 970.573 billion yen
- Representative Director 👨💼: Maki Kimio
- Company details 🌐: https://companydata.tsujigawa.com/company/5010401067252/
7th place: Mitsubishi Corporation (Stock Code: 8058)
- Sales 💰: 19.567.61 billion yen
- Net income 🎉: 964.034 billion yen
- President and CEO 👨💼: Nakanishi Katsuya
- Company details 🌐: https://companydata.tsujigawa.com/company/5010001008771/
8th place: Mitsui Sumitomo Financial Group Inc. (Stock Code: 8316)
- Sales 💰: 9.353.555 billion yen
- Net income 🎉: 962.946 billion yen
- Representative Executive Officer 👨💼: Nakajima Tatsu
- Company details 🌐: https://companydata.tsujigawa.com/company/2010001081053/
9th place: Itochu Corporation (Stock Code: 8001)
- Sales 💰: 14.29.91 billion yen
- Net income 🎉: 801.77 billion yen
- President and CEO 👨💼: Ishii Keita
- Company details 🌐: https://companydata.tsujigawa.com/company/7120001077358/
10th place: Tokio Marine Holdings Co., Ltd. (Stock Code: 8766)
- Sales 💰: 4.824.986 billion yen
- Net income 🎉: 695.8 billion yen
- President and CEO 👨💼: Komiya Akatsuki
- Company details 🌐: https://companydata.tsujigawa.com/company/7010001078061/
11th place: Mizuho Financial Group Co., Ltd. (Stock Code: 8411)
- Sales 💰: 8.7444.458 billion yen
- Net income 🎉: 678.993 billion yen
- Representative Executive Officer 👨💼: Kihara Masahiro
- Company details 🌐: https://companydata.tsujigawa.com/company/9010001081419/
12th place: KDDI Corporation (Stock Code: 9433)
- Sales 💰: 5.754.047 billion yen
- Net income 🎉: 637.874 billion yen
- Representative Director and CEO 👨💼: Takahashi Makoto
- Company details 🌐: https://companydata.tsujigawa.com/company/9011101031552/
13th place: Hitachi, Ltd. (Stock Code: 6501)
- Sales 💰: 9.728.716 billion yen
- Net income 🎉: 589.896 billion yen
- Representative Executive Officer, Executive Officer, President 👨💼: Kojima Keiji
- Company details 🌐: https://companydata.tsujigawa.com/company/7010001008844/
14th place: Nippon Steel Co., Ltd. (Stock Code: 5401)
- Sales 💰: 8.868.097 billion yen
- Net income 🎉: 549.372 billion yen
- President and CEO 👨💼: Imai Masaru
- Company details 🌐: https://companydata.tsujigawa.com/company/3010001008848/
15th place: Shin-Etsu Chemical Industries, Ltd. (Stock Code: 4063)
- Sales 💰: 2.414.937 billion yen
- Net income 🎉: 520.14 billion yen
- President and CEO 👨💼: Saito Kyohiko
- Company details 🌐: https://companydata.tsujigawa.com/company/5010001008680/
16th place: Nintendo Co., Ltd. (Stock Code: 7974)
- Sales 💰: 1,671.865 billion yen
- Net income 🎉: 490.62 billion yen
- President and CEO 👨💼: Furukawa Shuntaro
- Company details 🌐: https://companydata.tsujigawa.com/company/1130001011420/
17th place: SoftBank Co., Ltd. (Stock Code: 9434)
- Sales 💰: 6.84 trillion yen
- Net income 🎉: 489.074 billion yen
- President and CEO 👨💼: Miyagawa Junichi
- Company details 🌐: https://companydata.tsujigawa.com/company/9010401052465/
18th place: Marubeni Co., Ltd. (Stock Code: 8002)
- Sales 💰: 7.250.515 billion yen
- Net income 🎉: 471.412 billion yen
- President and CEO 👨💼: Kakigi Masumi
- Company details 🌐: https://companydata.tsujigawa.com/company/9010001008776/
19th place: Nippon Tobacco Industry Co., Ltd. (Stock Code: 2914)
- Sales 💰: 2.841.077 billion yen
- Net income 🎉: 463,369 million yen
- President and CEO 👨💼: Terahata Masamichi
- Company details 🌐: https://companydata.tsujigawa.com/company/4010401023000/
20th place: Panasonic Holdings Co., Ltd. (Stock Code: 6752)
- Sales 💰: 8.496.42 billion yen
- Net income 🎉: 443.994 billion yen
- President and CEO 👨💼: Kusumi Yuuki
- Company details 🌐: https://companydata.tsujigawa.com/company/5120001158218/
Toyota Motor Corporation is the overwhelming number one 🥇 The secret to its strength 🤫
Toyota Motor Corporation has significantly surpassed the second place and ranked overwhelmingly number one in the current net profit rankings. These factors include increased sales globally, foreign exchange profits caused by the weak yen, and thorough cost reductions
- Accelerating the electrification strategy⚡️: Active investment in electrification technologies, such as electric vehicles (EVs) and hybrid vehicles (HVs), has been paying off and increasing competitiveness.
- Resilience in the supply chain 💪: In order to respond to global semiconductor shortages and supply chain disruptions, we are working to diversify our parts supply companies and strengthen our inventory management.
- High brand power✨: The reputation of quality and reliability that we have cultivated over the years has led to high brand power all over the world.
Financial Group 🏦 Why general trading companies rank top
Financial groups and general trading companies such as Mitsubishi UFJ Financial Group, Mitsui & Co., Ltd. and Mitsubishi Corporation are listed at the top of the rankings. These companies a wide range of business portfolios both domestically and internationally , and have a stable revenue base.
- Global Business Development ✈️: We aim to diversify our revenue streams through aggressive investments in overseas markets and M&As.
- Surge in resource prices⛏️: We are increasing our profits through trading and investment, capturing market fluctuations in energy and metal resources.
- Responding to digitalization💻: We are using Fintech and AI technology to advance sophisticated financial services and business efficiency.
The strength of Japanese companies and future possibilities
The 2024 net income rankings showed the strength and potential for growth of Japanese companies. Each company is taking advantage of its strengths to increase its competitiveness in the global market. Responding to future economic trends and technological innovations will be key to further growth. Company databases are an important tool for managing company information and understanding industry trends 📊. Through the rankings introduced this time, we will understand the financial situation and performance of a company, and provide data that can be used when devising a future growth strategy.