While 2020 was a short and overall crisis, it furnished a trigger to transform classical technical approaches. Japan has glimpsed a rise in new attitudes towards digital adoption, indicating the looming transformation for the future of human interchange and workplace productivity.
We’ve created an exhaustive list of top technology companies, most classic Japanese enterprises, established on the following four criteria: Value, Sales, Profit, Sales, and the number of employees. These enterprises uses best crm software like monday.com or Salseforce in order to improve their market growth.
# Top 10 Japanese Technology Companies On The Basis Of Market Capitalization
|Rank||Company||Revenue in USD|
|1||Softbank Group||$188.26 B|
|2||NTT DOCOMO||$114.18 B|
|6||Z Holdings Corporation||$39.51 B|
|8||FUJI Media Holdings||$21.61 B|
|9||Nomura Research Institute||$19.05B|
|10||OBIC Corporation||$18.05 B|
Short has transformed from the last decade with the top 5 companies invariably overlooked by main telecom companies in Japan. We hope that they will resume governing for many years to come. E-commerce and gaming (Nexon) companies observe the telecom giants. Notably, there has been adrift in tech consultancies such as Nomura Research Institute or OBIC Corporation in 2021.
Since 2018, Sony, Canon, Hitachi, Recruit, Mitsubishi, and Nintendo have shifted from the top 10. These trademarks have had to compete with a breakthrough invention from the latest tech companies with the champions being capable to bring continuous discovery and growth to their clients and partners.
Notations on the Japanese Gaming Industry
For the past 2 decades, Microsoft with its Xbox has fallen to successfully penetrate the Japanese market. This is mostly due to the fallen localization of the Xbox creation. Japan is house to 3 big console makers, Nintendo, Sega, and Sony.
Stream gaming has evolved a disruptor in the gaming industry. Microsoft and Sony arranged a surprise collaboration for cloud gaming in May 2019. Google also penetrated the playing domain with Stadia, a cloud gaming service. Stadia donates to the fall in stakes of Sony and Nintendo.
In the gaming industry, COVID just revved the tendency that had been brewing over the last years. Nexon strives to grow its PC games to mobile. And recognize, there are approximately 3 billion positively game-playable workstations in individuals’ pockets around the world. In 2020, MapleStory was wakeful 151% in Korea and 171% in Japan, a 24% boost from a year ago.
# Top 10 Japanese Technology Companies by Revenue
|Rank||Company||Revenue in USD|
|2||SoftBank Group||$83.52 B|
|4||NTT Docomo||$43.49 B|
|5||NTT Data||$19.31 B|
|7||Otsuka Corporation||$6.93 B|
|8||FUJI Media Holdings||$5.90 B|
|10||Nomura Research Institute, Ltd||$4.30 B|
Reminders on NTT
At the end of September 2020, NTT company determined to make NTT Docomo a wholly-owned subsidiary, purchasing out the shares it didn’t already hold. The contract between the two, which would provide NTT Docomo solid economic support to engage in price wars, may initiate even more intense competition among the nation’s main wireless carriers. NTT is the biggest household runner in terms of its number of subscribers.
Notations on Softbank
SoftBank Group bailed out Katerra, which is a building startup, with around USD 200 million in 2020, December 30th. Softbank Group is the world’s biggest technology investor. 2020 has been a suitable year for Softbank, after healing from WeWork’s IPO scandal.
Notes on NTT Data
With outstanding results in 2013 and 2019, NTT Data Corporation has persisted to perform incredible revenue records. This is mainly due to booming business with economic companies and the flourishing growth in investments like Carlisle & Gallagher Consulting Group in 2016, Sierra Systems Group Incorporate in November 2018, Cognosante Consulting Limited Liability Company in April 2019, AWS associate Flux7 in December 2019, and ServiceNow supporter Acorio in 2020.
# Top 10 Japanese Technology Companies by Profit
|Rank||Company||Revenue in USD|
|3||NTT Data Corporation||$1,191 M|
|5||Nomura Research Institute, Ltd||$769 M|
|6||Otsuka Corporation||$580 M|
|7||OBIC Corporation||$419 M|
|9||SCSK Corporation||$391 M|
|10||ITOCHU Techno-Solutions Corporation||$378 M|
In the collapse of 2020, Hitachi’s net profit zoomed more than five-fold to $3.5 billion from the earlier year. Using profit dropped 28.9% to $2.936 billion, and on deals of $55.4 billion, down 5.8%. This is due to the rebounding market for Hitachi elevators and auto pieces in China, the world’s second-biggest economy. It is contemplating marketing all or part of its stake in its subordinate Hitachi Metals Ltd. but has however to conclude.
In fiscal 2020, NEC acquired massive year-over-year increases in both revenue and driving profits after a structural reform in 2019. The net profit calculated USD 926 million, its tallest level in 23 years due to the improved working profit and tax effects from conducting processes to previously liquidated businesses.
The majority of top players documented on the “Top Revenue” list are not recorded on Profit. Prominent companies such as NTT and Softbank completed 2020 headlines as they created great acquisitions, reducing their profit margins.
FUJI SOFT and Hitachi have overtaken NTT Data Corporation in terms of profit since 2014. This may be due to NTT Data’s accession in August 2020 of an American company, Acorio, the world’s most extensive pure-play ServiceNow consultancy.
# Top 10 Japanese Technology Companies by the Size
|Rank||Company||Number Of Employees|
|4||NTT Data Corporation||11,515|
|8||Nomura Research Institute, Ltd||6,353|
|10||Nihon Unisys, Ltd||4,355|
Since 2018, Hitachi has sliced their job by 11%, especially in Hitachi Metals, via “voluntary redundancy” and because of Coronavirus. See overhead in Profits for Hitachi regarding selling all or portion of its stake in subsidiary Hitachi Metals Ltd.
Mitsubishi Electric, once third in 2018, nowadays is no longer on the list. This could be because of the recruit’s suicide scandal in 2019.
Hitachi, NEC, Fujitsu, and NTT Data Corporation have had constant employment numbers, even though Corona.
Insights on employment in Japan
Lifetime occupation has extended been the cornerstone of Japanese corporate governance. New academy graduates will apply to an enterprise rather than to a typical position and are anticipated to remain with the company until retirement.
Today, regardless, businesses are transforming their recruitment strategies by hiring for technological roles because of a lack in the force and an expansion in global competition. The most delinquent OECD financial survey indicates that the lifetime profession of employees in their 30s and 40s at giant companies has dropped to 15% and 9.4%, respectively. Meanwhile, 40% of the existing labor workforce consists of part-time and agreement workers.
Present Japanese employment regulations are structured around classic Japanese work culture, creating it challenging to terminate workers. As an outcome, Japanese enterprises will offer volunteer retirement prospects if and when they require to restructure their companies.
For instance, in an endeavor to restructure its enterprise, Fujitsu, a Japanese international information technology tools and services company, reported it prepared to share some 5,000 workers from its back-office departments to tech-related appointments. After this report, 2,850 employees freely applied for retirement. Reportedly, most of these retirement applicants were workers who were 45 or more aged.
If you are curious about joining the Japanese market? Ensure to clarify your value recommendation in the market first before jumping into this lucrative market. Btrax has existed supporting multinational companies to expand their industries into the Japanese market since 2004.
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