Market capitalization is a metric calculated by multiplying a company’s share price by the total number of shares outstanding. As of 31 July, the leading Japanese companies were Toyota Motor Corporation at approximately ¥45 trillion, Mitsubishi UFJ Financial Group at approximately ¥42 trillion, and SoftBank Group at approximately ¥30 trillion.
Market capitalization is a leading metric for evaluating a company’s value in the stock market. It is calculated by multiplying the share price by the total number of shares outstanding. This article explains the nature of the metric and gives an indication of the scale of the leading Japanese companies.
Among Japanese companies, Toyota Motor Corporation ranked first by market capitalization as of 31 July, at approximately ¥45 trillion, followed by Mitsubishi UFJ Financial Group at approximately ¥42 trillion and SoftBank Group at approximately ¥30 trillion.
Globally, leading US semiconductor company NVIDIA became the first company to surpass $5 trillion in market capitalization. Apple also reached the $5 trillion milestone in July this year, becoming the second company ever to do so.