While 2020 was an abrupt and widespread crisis, it catered a catalyst to alter traditional technological rehearses. Japan has considered a rise in new attitudes towards digital ratification, alluding to the imminent change for the future of human interaction and workplace productivity.
We’ve raised a comprehensive list of top technology fellowships, predominantly traditional Japanese initiatives, based on the following four criteria: uppercase value, sales, benefit, and number of employees.
1. Top 10 Japanese Tech Companies by Market Capitalization( April 2021)
Rank Company Revenue in Yen Revenue in USD
1 Softbank Group Y=20,649 B $188.26 B
2 NTT DOCOMO Y=12,527 B $114.18 B
3 NTT Y=11,055 B $100.76 B
4 KDDI Y=7,986.2 B $72.78 B
5 Softbank Y=6,790.5 B $61.89 B
6 Z Holdings Corporation Y=4,335.1 B $39.51 B
7 Nexon Y=3,237.8 B $29.49 B
8 FUJI Media Holdings Y=2,371.6 B $21.61 B
Little has changed from the past several decades with the top 5 fellowships systematically dominated by major telecom fellowships in Japan. We expect that they will continue to govern for many years to come. E-commerce( Z Holdings Corporation) and gaming( Nexon) fellowships follow the telecommunications monstrous. Notably, there has been a rise in tech consultancies like Nomura Research Institute and OBIC Corporation in 2021.
Since our last-place article in 2018, Sony, Recruit, Nintendo, Canon, Hitachi, and Mitsubishi have moved from the top 10. These firebrands have had to compete with breakthrough innovation from brand-new tech companies with the wins being able to making constant discovery and change to their customers and collaborators. Read below to see how Z Holdings Corporation and Nexon beat their entrants.
In 2018, Nintendo caught the momentum of their Nintendo Switch release. However, with Sony and Microsoft releasing the Playstation 5 and Xbox Series X, respectively, expect Sony( and Microsoft) to rise to the top of Japanese tech in 2021.
In the gaming manufacture, COVID merely accelerated the trend that had been brewing over the previous years. Nexon continues to expand its PC sports to mobile. And recollect, there are roughly 3 billion highly game-playable workstations in people’s pockets various regions of the world. In 2020, MapleStorywas up 151% in Korea and 171% in Japan– a 24% rise from a year ago.
Z Holding acquired Yahoo Japan Capital and LINE Ventures to flesh Z Venture Capital.
2. Top 10 Japanese Tech Companies by Revenue( 2021)
Rank Company Revenue in Yen Revenue in USD
1 NTT Y=11, 800 B $107.61 B
2 SoftBank Group Y=9,158 B $83.52 B
3 KDDI Y=5, 042 B $45.98 B
4 NTT Docomo Y=4, 770 B $43.49 B
5 NTT Data Y=2,117 B $19.31 B
6 Yahoo Y=897.2 B $8.18 B
7 Otsuka Corporation Y=759.9 B $6.93 B
8 FUJI Media Holdings Y=646.5 B $5.90 B
9 T-GAIA Y=552.8 B $5.04 B
10 Nomura Research Institute, Ltd . Y=471.5 B $4.30 B
Source: Neri Marketing
Notes on NTT
At the end of September 2020, NTT group decided to oblige NTT Docomo a wholly owned subsidiary, buying out the shares it didn’t already regard. The deal between the two, which would sacrifice NTT Docomo solid financial backing to engage in price combats, may prompt even more intense competition among the nation’s major wireless carriers . NTT is the largest domestic carrier in areas of its number of subscribers.
Notes on Softbank
On December 30 th, 2020, SoftBank Group bailed out Katerra, a structure startup, with over $200 million USD. Softbank Group is the world’s largest engineering investor. 2020 has been a good time for Softbank, after recovering from WeWork’s IPO scandal.
Notes on NTT Data
With excellent answers in 2013 and 2019, NTT Data Corporation has continued to achieve exemplary revenue records. This is largely due to successful business with business corporations and the successful raise in possessions such as of Carlisle& Gallagher Consulting Group in 2016, Sierra Systems Group Inc in November 2018, Cognosante Consulting LLC in April 2019, AWS partner Flux7 in December 2019, and ServiceNow partner Acorio in 2020.
3. Top 10 Japanese Tech Companies by Benefit( 2021)
Rank Company Revenue in Yen Revenue in USD
1 FUJISOFT Y= 211.4 B $1,924 M
2 Hitachi Y=180.2 B $1,640 M
3 NTT Data Corporation Y=130.9 B $1,191 M
4 NEC Y=123.9 B $1,128 M
5 Nomura Research Institute, Ltd . Y=84.50 B $769 M
6 Otsuka Corporation Y=63.70 B $580 M
7 OBIC Corporation Y=46.00 B $419 M
8 TIS Y=46.00 B $419 M
9 SCSK Corporation Y=43.00 B $391 M
10 ITOCHU Techno-Solutions Corporation Y=41.50 B $378 M
Source Ye Jie Dong Xiang sachi.com
Notes on Hitachi
In the autumn of 2020, Hitachi’s net profit surged more than five-fold to $3.5 billion from the previous year. Operating profit came 28.9 percent to $2.936 billion, and on sales of $ 55.4 billion, down 5.8 percentage. This is due to recovering demand for Hitachi elevators and auto places in China, the world’s second-largest economy. It is considering selling all or one of the purposes of its stake in its subsidiary Hitachi Metals Ltd ., but has yet to make a decision.
Observe on NEC
In monetary 2020, NEC achieved tremendous year-over-year advantages in both revenue and operating profits after a structural reform in 2019. The net profits totaled $926 million USD, its highest level in 23 years due to the improved operating profit and taxation influences from accomplishing procedures to previously liquidated business.
The majority of top corporations listed on the “Top Revenue” list are not listed on Profit. Major firms such as NTT and Softbank performed 2020 headlines as they started remarkable buys, lowering their profit margins( see above ).
Since 2014, FUJISOFT and Hitachi have outperformed NTT Data Corporation in terms of profit. This may be due to NTT Data’s acquisition in August 2020 of American company, Acorio, the world’s largest pure-play servicenow consultancy.
4.Top 10 Japanese Tech Companies by the Size( 2020)
Rank Company Number of Employees
1 Fujitsu 32,568 2 Hitachi 31,442 3 NEC 20,125 4 NTT Data Corporation 1,1515 5 FUJISOFT 7,840 6 SCSK Corporation 7,384 7 Otsuka Corporation 7,272 8 Nomura Research Institute, Ltd. 6,353 9 TIS 5,680 10 Nihon Unisys, Ltd . 4,355
Source: Ye Jie Dong Xiang sachi.com
Since 2018, Hitachi has cut the employment opportunities by 11%, mostly in Hitachi Metals, through” voluntary redundancy” and due to COVID. See above in Profits for Hitachi considering selling all or part of its stake in subsidiary Hitachi Metals Ltd.
Mitsubishi Electric, formerly 3rd in 2018 , now is no longer on the roster. This could be due to the new recruit’s suicide scandal in 2019.
Hitachi, Fujitsu, NEC, and NTT Data Corporation have had consistent employment quantities, even through COVID.
Insights on employment in Japan
Lifetime employment( Shushin koyo) has long been the cornerstone of Japanese corporate governance. New college graduates will apply to a company rather than to a specific position and are expected to stay with the company until retirement.
Today, however, companies are changing their recruitment manages by hiring for specialized capacities due to a shortage in the labour force and an increasing number of world rival. The latest OECD economic examination suggests that lifetime employment of employees in their 30 s and 40 s at large firms has dropped to 15% and 9.4%, respectively. Meanwhile 40% of the current labor force consists of part-time and contract workers.
Current Japanese employment rules are structured around traditional Japanese act culture, representing it difficult to terminate works. As a outcome, Japanese fellowships will furnish voluntary retirement options if and when they need to restructure their businesses.
For example, in an attempt to restructure its busines, Fujitsu, a Japanese multinational information technology material and services firm, announced it planned to transfer some 5,000 works from its back-office regions to tech-related situations. After this announcement, 2, 850 proletarians voluntarily applied for retirement. Reportedly, most of these retirement applicants were employees who were 45 or older.
Are you interested in entering into the Japanese market? Make sure to define your appraise hypothesi in the market first before jumping into this rewarding grocery. Btraxhas been helping world-wide companies expand their businesses into the Japanese market since 2004. Contact us to discuss how we can make your see come to life in Japan.
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This article was originally published in June 2014. We’ve informed it in 2016, 2018, and 2021 to give you the latest information and insights.
Original Author: Kisa Nakashima, 2014
Read more: blog.btrax.com