This is largely due to failed localization of the Xbox product. įor the past 2 decades, Microsoft with its Xbox has failed to successfully enter the Japanese market. Z Holding acquired Yahoo Japan Capital and LINE Ventures to form Z Venture Capital. These brands have had to compete with breakthrough innovation from new tech companies with the winners being able to bring constant discovery and development to their customers and partners. Since our last article in 2018, Sony, Recruit, Nintendo, Canon, Hitachi, and Mitsubishi have moved from the top 10. Notably, there has been a rise in tech consultancies like Nomura Research Institute and OBIC Corporation in 2021. E-commerce (Z Holdings Corporation) and gaming (Nexon) companies follow the telecom giants. We expect that they will continue to govern for many years to come. Little has changed from the last decade with the top 5 companies consistently dominated by major telecom companies in Japan.
Top 10 Japanese Tech Companies by Market Capitalization (April 2021) We’ve produced a comprehensive list of top technology companies, mostly traditional Japanese enterprises, based on the following four criteria: capital value, sales, profit, and number of employees. Japan has seen a rise in new attitudes towards digital adoption, alluding to the imminent change for the future of human interaction and workplace productivity. While 2020 was an abrupt and widespread crisis, it provided a catalyst to transform traditional technological practices.
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