| 1 | Mitsubishi UFJ Financial Group, Inc. | $236.3 billion | 2 |
| 2 | Toyota Motor Corporation | $233.3 billion | 2 |
| 3 | Recruit Holdings Co., Ltd. | $168.2 billion | 1 |
| 4 | Hitachi, Ltd. | $156.7 billion | 1 |
| 5 | Softbank Group Corp. | $154.4 billion | 1 |
| 6 | Sony Group Corporation | $153.4 billion | 2 |
| 7 | Sumitomo Mitsui Financial Group Inc | $148.9 billion | 2 |
| 8 | Fast Retailing Co., Ltd. | $144.3 billion | 1 |
| 9 | Advantest Corp. | $142.5 billion | 1 |
| 10 | Tokyo Electron Ltd. | $131.5 billion | 1 |
| 11 | Kioxia Holdings Corp. | $127.4 billion | 1 |
| 12 | Keyence Corp. | $119.1 billion | 1 |
| 13 | Mitsubishi Corp. | $114.3 billion | 1 |
| 14 | Mizuho Financial Group, Inc. | $114.0 billion | 2 |
| 15 | Tokio Marine Holdings, Inc. | $104.9 billion | 1 |
| 16 | Itochu Corp. | $104.0 billion | 1 |
| 17 | Mitsui & Co., Ltd. | $91.7 billion | 1 |
| 18 | Ntt, Inc. | $90.7 billion | 1 |
| 19 | Japan Tobacco Inc. | $85.7 billion | 1 |
| 20 | Mitsubishi Heavy Ind., Ltd. | $74.7 billion | 1 |
| 21 | Softbank Corp. | $72.2 billion | 1 |
| 22 | Chugai Pharmaceutical Co., Ltd. | $72.1 billion | 1 |
| 23 | Murata Manufacturing Co., Ltd. | $71.3 billion | 1 |
| 24 | Kddi Corp. | $67.4 billion | 1 |
| 25 | Shin-etsu Chemical Co., Ltd. | $66.7 billion | 1 |
| 26 | Takeda Pharmaceutical Company Limited | $65.5 billion | 2 |
| 27 | Nintendo Co., Ltd. | $62.8 billion | 1 |
| 28 | Mitsubishi Electric Corp. | $61.1 billion | 1 |
| 29 | Hoya Corp. | $55.2 billion | 1 |
| 30 | Panasonic Holdings Corp. | $53.1 billion | 1 |
| 31 | Marubeni Corp. | $52.3 billion | 1 |
| 32 | Sumitomo Corp. | $52.0 billion | 1 |
| 33 | Fujitsu Ltd. | $49.4 billion | 1 |
| 34 | Ms&ad Insurance Group Holdings, Inc. | $48.0 billion | 1 |
| 35 | Nec Corp. | $45.4 billion | 1 |
| 36 | Honda Motor Company, Ltd. | $44.5 billion | 2 |
| 37 | Toyota Tsusho Corp. | $44.3 billion | 1 |
| 38 | Daiichi Life Group, Inc. | $41.9 billion | 1 |
| 39 | Fujikura Ltd. | $41.9 billion | 1 |
| 40 | Otsuka Holdings Co., Ltd. | $41.6 billion | 1 |
| 41 | Japan Post Holdings Co., Ltd. | $41.3 billion | 1 |
| 42 | Sompo Holdings, Inc. | $40.2 billion | 1 |
| 43 | ORIX Corporation | $39.2 billion | 2 |
| 44 | Komatsu Ltd. | $37.9 billion | 1 |
| 45 | Daikin Industries, Ltd. | $37.8 billion | 1 |
| 46 | Sumitomo Electric Ind., Ltd. | $35.0 billion | 1 |
| 47 | Oriental Land Co., Ltd. | $34.1 billion | 1 |
| 48 | Disco Corp. | $33.4 billion | 1 |
| 49 | Fanuc Corp. | $33.1 billion | 1 |
| 50 | Daiichi Sankyo Co., Ltd. | $32.7 billion | 1 |
| 51 | Renesas Electronics Corp. | $32.3 billion | 1 |
| 52 | Bridgestone Corp. | $31.7 billion | 1 |
| 53 | Tdk Corp. | $31.2 billion | 1 |
| 54 | Seven & I Holdings Co., Ltd. | $30.8 billion | 1 |
| 55 | Resona Holdings, Inc. | $30.6 billion | 1 |
| 56 | Ajinomoto Co., Inc. | $30.3 billion | 1 |
| 57 | Mitsubishi Estate Co., Ltd. | $29.9 billion | 1 |
| 58 | Ibiden Co., Ltd. | $29.7 billion | 1 |
| 59 | Inpex Corp. | $29.6 billion | 1 |
| 60 | Denso Corp. | $29.5 billion | 1 |
| 61 | Astellas Pharma Inc. | $29.2 billion | 1 |
| 62 | Sumitomo Mitsui Trust Group, Inc. | $28.1 billion | 1 |
| 63 | Mitsui Fudosan Co., Ltd. | $28.0 billion | 1 |
| 64 | Kyocera Corp. | $27.6 billion | 1 |
| 65 | East Japan Railway Co. | $26.8 billion | 1 |
| 66 | Nomura Holdings Inc | $26.3 billion | 2 |
| 67 | Canon Inc. | $26.2 billion | 1 |
| 68 | Fujifilm Holdings Corp. | $26.0 billion | 1 |
| 69 | Bandai Namco Holdings Inc. | $25.6 billion | 1 |
| 70 | Suzuki Motor Corp. | $25.6 billion | 1 |
| 71 | Eneos Holdings, Inc. | $24.7 billion | 1 |
| 72 | Central Japan Railway Co., Ltd. | $24.0 billion | 1 |
| 73 | Terumo Corp. | $22.7 billion | 1 |
| 74 | Ly Corp. | $22.7 billion | 1 |
| 75 | Nomura Research Institute, Ltd. | $22.4 billion | 1 |
| 76 | Nippon Steel Corp. | $22.0 billion | 1 |
| 77 | Kao Corp. | $21.6 billion | 1 |
| 78 | Lasertec Corp. | $21.4 billion | 1 |
| 79 | Konami Group Corp. | $21.4 billion | 1 |
| 80 | Aeon Co., Ltd. | $21.1 billion | 1 |
| 81 | Sumitomo Realty & Development Co., Ltd. | $19.9 billion | 1 |
| 82 | The Kansai Electric Power Co., Inc. | $19.6 billion | 1 |
| 83 | Kubota Corp. | $18.7 billion | 1 |
| 84 | Nippon Yusen K.k. | $18.6 billion | 1 |
| 85 | Daiwa House Ind. Co., Ltd. | $18.5 billion | 1 |
| 86 | Secom Co., Ltd. | $17.2 billion | 1 |
| 87 | Shionogi & Co., Ltd. | $16.5 billion | 1 |
| 88 | Mitsui O.s.k.lines, Ltd. | $16.1 billion | 1 |
| 89 | Ihi Corp. | $16.1 billion | 1 |
| 90 | Ryohin Keikaku Co., Ltd. | $16.1 billion | 1 |
| 91 | Jx Advanced Metals Corp. | $16.0 billion | 1 |
| 92 | Asahi Group Holdings, Ltd. | $15.8 billion | 1 |
| 93 | Nitto Denko Corp. | $15.2 billion | 1 |
| 94 | Kirin Holdings Co., Ltd. | $15.1 billion | 1 |
| 95 | Daiwa Securities Group Inc. | $15.0 billion | 1 |
| 96 | Resonac Holdings Corp. | $14.9 billion | 1 |
| 97 | Sekisui House, Ltd. | $14.7 billion | 1 |
| 98 | T&d Holdings, Inc. | $14.5 billion | 1 |
| 99 | Osaka Gas Co., Ltd. | $14.3 billion | 1 |
| 100 | Pan Pacific International Holdings Corp. | $14.2 billion | 1 |