Top 13 Largest Financial Service Companies in Japan

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In this post, let's examine 13 of the largest financial services companies in Japan, ranked by market capitalization. Go directly to other related articles on ... read more...

  1. A bank holding and financial services firm with its headquarters in Chiyoda, Tokyo, Japan, is Mitsubishi UFJ Financial Group, Inc. One of the "Three Great Houses" of the Mitsubishi Group, along with Mitsubishi Corporation and Mitsubishi Heavy Industries, MUFG has assets worth approximately US$3.1 trillion as of 2016. As of March 2011, it was the second-biggest bank holding company in the world and the largest financial group in Japan, with deposits totaling around US$1.8 trillion (JP148 trillion). United Financial of Japan and Mitsubishi are represented by the initials MUFG.


    Mitsubishi UFJ Financial's market cap was $76.78 billion as of March 2023. Mitsubishi UFJ Financial is now the 175th most valuable company in the world, according to market cap. The most recent financial reports from Mitsubishi UFJ Financial show that the company's current revenue (TTM) is $45.03 billion. The company's revenue in 2021, which was $40.87 billion, was lower than its revenue in 2020, which was $43.13 billion.


    Founded: October 1, 2005
    Headquarters: 2-7-1 Marunouchi, Chiyoda, Tokyo, Japan
    Website: www.mufg.jp

    Screenshot via www.mufg.jp
    Screenshot via www.mufg.jp
    Screenshot via www.mufg.jp
    Screenshot via www.mufg.jp

  2. Top 2

    SoftBank

    With its headquarters in Minato, Tokyo, SoftBank Group Corp. is a Japanese multinational holding company with a concentration on investment management. The Group typically invests in technology-related businesses that provide products and services to clients across a variety of markets and sectors, from the internet to automation. The largest technology-focused venture capital fund in the world at its founding, SoftBank's Vision Fund had over $100 billion in capital. Middle Eastern sovereign wealth funds were among the investors in the fund.


    The corporation is renowned for the management style of Masayoshi Son, its contentious founder and main shareholder. Several unprofitable unicorns are among its investee companies, subsidiaries, and divisions, which work in robotics, artificial intelligence, logistics, transportation, proptech, real estate, hospitality, broadband, fixed-line telecommunications, e-commerce, information technology, finance, and media, etc.


    SoftBank's market capitalization as of April 2023 is $62.29 billion. By market cap, this places SoftBank as the 241st most valuable corporation in the world. The most recent financial reports from SoftBank indicate that the company's current revenue (TTM) is $49.04 billion. The corporation generated $54.21 billion in revenue in 2021, an increase from $32.50 billion in revenue in 2020.


    Founded: 3 September 1981
    Headquarters: Tokyo PortCity Takeshiba, Minato-ku, Tokyo, Japan
    Website: group.softbank

    Screenshot via group.softbank
    Screenshot via group.softbank
    Screenshot via group.softbank
    Screenshot via group.softbank
  3. The headquarters of the global Japanese banking and financial services company Sumitomo Mitsui Banking Corporation Group are in Yurakucho, Chiyoda, Tokyo, Japan. The group is active globally in the retail, corporate, and investment banking sectors. It serves a wide spectrum of customers, including individuals, small and medium-sized businesses, large corporations, financial institutions, and organizations in the public sector. It has been listed on the Financial Stability Board's list of internationally significant banks since 2011.


    Sumitomo Mitsui Financial Group's market capitalization was $55.11 billion as of April 2023. According to market capitalization, Sumitomo Mitsui Financial Group is now the 287th most valuable firm in the world. The most recent financial reports from Sumitomo Mitsui Financial Group show that the company's current revenue (TTM) is $28.37 billion. The company's revenue in 2021 was $28.98 billion, down from $30.55 billion in 2020.


    Founded: June 6, 1996
    Headquarters: Chiyoda-ku, Tokyo, Japan
    Website: www.smbc.co.jp

    Screenshot via www.smbc.co.jp
    Screenshot via www.smbc.co.jp
    Screenshot via www.smbc.co.jp
    Screenshot via www.smbc.co.jp
  4. Top 4

    Mizuho Financial Group

    The headquarters of the banking holding company Mizuho Financial Group are in Chiyoda's Temachi neighborhood in Tokyo, Japan. Mizuho is a Japanese word that, when translated literally, means "harvest" and "abundant rice." It was the largest bank in the world in terms of assets when it was founded. The Financial Stability Board views this bank as one of systemic importance.

    Through its control over Mizuho Bank and other operating subsidiaries, it holds assets worth more than $1.8 trillion in US dollars. The company's holdings as a whole rank as Japan's third-largest financial services group. In Japan, its banking operations are ranked third behind SMBC Group and Mitsubishi UFJ Financial Group. As of December 2018, it was the 15th-largest global banking institution by total assets.

    In May 2017, Forbes ranked it as the 90th-largest firm in the world. It is traded as American depositary receipts on the New York Stock Exchange and the Tokyo Stock Exchange, where it is a part of the Nikkei 225 and TOPIX Core30 indices.

    Mizuho Financial Group
    's market cap as of March 2023 is $35.88 billion. By market cap, Mizuho Financial Group is now the 479th most valuable corporation in the world. The most recent financial reports from Mizuho Financial Group indicate that the company's current revenue (TTM) is $20.53 billion. The company generated $23.28 billion in revenue in 2021, an increase from $22.04 billion in revenue in 2020.

    Founded: September 2000
    Headquarters: Marunouchi, Chiyoda, Tokyo, Japan
    Website: mizuhogroup.com

    Screenshot via mizuhogroup.com
    Screenshot via mizuhogroup.com
    Screenshot via mizuhogroup.com
    Screenshot via mizuhogroup.com
  5. Top 5

    Japan Post Bank

    A Japanese bank with its main office in Tokyo is called Japan Post Bank. It is a company owned by Japan Post Holdings, in which the Japanese government holds the majority of the shares. It is a significant financial organization that was founded in 1875 as a postal savings system and is still predominantly run out of post office branches today. It manages assets worth more than 205 trillion yen and provides services in about 24,000 branches across Japan.

    At various points during its existence, it was the biggest financial organization on the planet. Since its inception, it has made important contributions to the economic development of Japan as well as the provision of financial services to the nation's citizens.

    Japan Post Bank
    had always been wholly owned by the government and, organizationally, a component of the postal system for the overwhelming duration of its history. A bill to start privatizing Japan Post Bank and establish separate businesses to manage each of Japan Post's several obligations was enacted in 2007. The government is still selling its shares in Japan Post Bank and its parent business.

    Japan Post Bank
    's market cap was $31.88 billion as of March 2023. By market cap, this places Japan Post Bank as the 537th most valuable corporation in the world. The most recent financial reports from Japan Post Bank indicate that the company's current revenue (TTM) is $11.81 billion. The corporation generated $17.32 billion in revenue in 2021, a rise from $13.77 billion in revenue in 2020.

    Founded: 1 September 2006
    Headquarters: Chiyoda, Tokyo, Japan
    Website: www.jp-bank.japanpost.jp

    Screenshot via www.jp-bank.japanpost.jp
    Screenshot via www.jp-bank.japanpost.jp
    Screenshot via www.jp-bank.japanpost.jp
    Screenshot via www.jp-bank.japanpost.jp
  6. Top 6

    ORIX

    ORIX Company, sometimes known as ORIX, is a Japanese financial services company with offices in Osaka and Minato, Tokyo. Leasing, lending, renting, life insurance, financing and development of real estate, venture capital, investment and retail banking, commodities funds, and securities brokerage are all services provided by ORIX.


    ORIX has expanded globally in addition to its product line, providing financial services in North America, Asia, the Middle East, and Northern Africa. The ORIX Car Leasing Company, established in Japan, is one of the divisions. It has subsidiaries, including ORIX Auto Leasing (Thailand) Co., Ltd., that operate in various nations. It is also well-known for being the majority owner of the Nippon Professional Baseball franchise known as the ORIX Buffaloes.


    ORIX's market cap was $18.93 billion as of April 2023. By market cap, this places ORIX as the 883rd most valuable company in the world. The most recent financial reports from ORIX indicate that the company's current revenue (TTM) is $12.10 billion. The company generated $13.91 billion in revenue in 2021, a rise from $12.96 billion in revenue in 2020.


    Founded: April 17, 1964
    Headquarters: World Trade Center Building, SOUTH TOWER, Hamamatsucho, Minato, Tokyo
    Website: www.orix.co.jp/grp/en

    Screenshot via 	www.orix.co.jp/grp/en
    Screenshot via www.orix.co.jp/grp/en
    Screenshot via 	www.orix.co.jp/grp/en
    Screenshot via www.orix.co.jp/grp/en
  7. Top 7

    Shinkin Central Bank

    The Shinkin Central Bank serves as the countrywide central bank for Shinkin banks in Japan. Shinkin Bank is run as a cooperative banking organization. [2] Companies that support the Shinkin financial sector have been created by the Shinkin Central Bank. The bank's responsibilities include improving the bank's credit standing, making effective use of its surplus cash, and settling domestic exchange transactions.


    Shinkin Central Bank's market capitalization as of April 2023 is $14.17 billion. By market capitalization, Shinkin Central Bank is now the 1134th most valuable firm in the world. The most recent financial reports from Shinkin Central Bank indicate that the company's current revenue (TTM) is $1.54 billion. The company generated $1.57 billion in revenue in 2021, a decline from $1.60 billion in revenue in 2020.


    Founded: 1950
    Headquarters: Shinkin Central Bank, 1-3-7, YaesuCHUO-KU 103-0028, Tokyo, Japan
    Website: https://www.shinkin-central-bank.jp/

    Screenshot via https://www.shinkin-central-bank.jp/
    Screenshot via https://www.shinkin-central-bank.jp/
    Screenshot via https://www.shinkin-central-bank.jp/
    Screenshot via https://www.shinkin-central-bank.jp/
  8. Top 8

    Resona Holdings

    The controlling company of Resona Group, the fifth-largest banking group in Japan as of 2012, is Resona Holdings, Inc. (TYO: 8308). Its main office is located in Tokyo's Koto neighborhood of Kiba. The group's two primary operational companies are Saitama Resona Bank, a smaller bank with headquarters in Saitama City that largely serves Saitama Prefecture, and Resona Bank, a national business and retail bank with headquarters in Osaka. The majority of these banks' operations are a direct result of the 2003 merger of Daiwa Bank and Asahi Bank.


    Resona Holdings' market capitalization as of April 2023 is $11.84 billion. Resona Holdings is now the 1307th most valuable company in the world, according to market valuation. The most recent financial reports from Resona Holdings indicate that the company's current revenue (TTM) is $5.71 billion. The company's revenue in 2021 was $6.69 billion, down from $7.00 billion in 2020.


    Founded: 1918
    Headquarters: Koto, Tokyo, Japan
    Website: www.resona-gr.co.jp

    Screenshot via http://www.resona-gr.co.jp/holdings/english
    Screenshot via http://www.resona-gr.co.jp/holdings/english
    Screenshot via http://www.resona-gr.co.jp/holdings/english
    Screenshot via http://www.resona-gr.co.jp/holdings/english
  9. Top 9

    Goldman Sachs

    American multinational investment bank and financial services provider Goldman Sachs With regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas, and Salt Lake City, as well as additional offices in major global financial hubs, Goldman Sachs was founded in 1869 and has its main office at 200 West Street in Lower Manhattan. Goldman Sachs is the second-largest investment bank in the world by revenue and is listed as the 57th-largest American company by total revenue on the Fortune 500 list. The Financial Stability Board classifies it as a systemically important financial institution.


    There have been allegations of unethical behavior on the part of the organization, including but not limited to: engaging in business with totalitarian regimes; maintaining cozy ties to the U.S. federal government through a “revolving door” of former employees; and manipulating the price of commodities through futures trading.


    Despite being featured on Fortune's list of the 100 Best Companies to Work For, primarily due to its high compensation levels, the company has also been criticized by its employees for its 100-hour work weeks, high levels of employee dissatisfaction among first-year analysts, abusive treatment by superiors, a lack of mental health resources, and extremely high levels of stress in the workplace leading to physical discomfort.


    Founded: 1869
    Headquarters: New York, U.S.
    Website: www.goldmansachs.com

    Screenshot via www.goldmansachs.com
    Screenshot via www.goldmansachs.com
    Screenshot via www.goldmansachs.com
    Screenshot via www.goldmansachs.com
  10. Top 10

    Citi

    Citigroup Inc., also known simply as Citi or stylized as Citi, is a New York City-based American global investment bank and financial services firm. Citigroup was founded when banking behemoth Citicorp and financial behemoth Travelers Group merged in 1998; Travelers was later split off as a separate firm. Citicorp, the parent business of Citibank, is a part of Citigroup, along with numerous other worldwide affiliates. Citigroup is a Delaware corporation.

    Citigroup
    is the third-largest bank in the United States and one of the Big Four U.S. banks, along with JPMorgan Chase, Bank of America, and Wells Fargo. Many people believe it is too large to fail because the Financial Stability Board has designated it as a systemically significant bank. The bulk bracket includes eight of the most prominent investment banks in the world.


    As of 2021, Citigroup is ranked 33rd on the Fortune 500. Citigroup conducts business in more than 160 countries and has over 200 million customer accounts. It had 357,000 workers before the financial crisis of 2007–2008, when it was bailed out by a major stimulus package from the United States government, and now it has 223,400 workers.


    Citigroup is worth $91.06 billion as of April 2023. According to market capitalization, this places Citigroup in the 151st position worldwide. Citigroup is worth $91.06 billion as of April 2023. Based on its current market capitalization, Citigroup is the 151st most valuable corporation in the world. Recent financial filings by Citigroup reveal a trailing twelve-month (TTM) revenue of $75.30 billion. The company's revenue in 2021 was $72.22 billion, down from $75.76 billion in the previous year.


    Founded: October 8, 1998
    Headquarters: 388–390 Greenwich St.New York City, New York, U.S.
    Website: citigroup.com

    Screenshot via citigroup.com
    Screenshot via citigroup.com
    Screenshot via citigroup.com
    Screenshot via citigroup.com
  11. Top 11

    Morgan Stanley

    The corporate headquarters of the global American financial services and investment management firm Morgan Stanley is located at 1585 Broadway in Midtown Manhattan, New York City. Clients of the company, which has offices in 41 nations and employs more than 75,000 people, include businesses, governments, institutions, and individuals. On the 2021 Fortune 500 list of the biggest American companies by total revenue, Morgan Stanley came in at number 61.


    On September 16, 1935, the first Morgan Stanley was established by J.P. Morgan & Co. partners Henry Sturgis Morgan (J.P. Morgan's grandson), Harold Stanley, and others in response to the Glass-Steagall Act, which mandated the division of American commercial and investment banking firms. The company has a 24% market share (about US$1.1 billion) in its first year of operations for public offerings and private placements.


    Morgan Stanley's market value was $148.88 billion as of March 2023. By market cap, Morgan Stanley is now the 72nd most valuable corporation in the world. The most recent financial reports from Morgan Stanley indicate that the company's current revenue (TTM) is $50.21 billion. The corporation generated $56.41 billion in revenue in 2021, an increase from $45.26 billion in revenue in 2020.


    Founded: 1935
    Headquarters: Morgan Stanley BuildingNew York City, New York, U.S.
    Website: morganstanley.com

    Screenshot via morganstanley.com
    Screenshot via morganstanley.com
    Screenshot via morganstanley.com
    Screenshot via morganstanley.com
  12. Top 12

    Bank of America

    The Bank of America Corporation, also known by the acronyms BofA or BoA, is a multinational American investment bank and financial services holding firm with headquarters in Charlotte, North Carolina. Investment banking and auxiliary headquarters are located in Manhattan. San Francisco, California, is where the bank was established.


    After JPMorgan Chase, it is the second-largest bank in the United States and, according to market value, the second-largest bank worldwide. One of the Big Four U.S. financial organizations is Bank of America. It competes directly with JPMorgan Chase, Citigroup, and Wells Fargo for roughly 10.73% of all bank deposits in the United States. Commercial banking, wealth management, and investment banking are its three main financial services.


    Founded: 1998
    Headquarters:

    • Corporate: Bank of America Corporate Center100 North Tryon StreetCharlotte, North Carolina 28202U.S.
    • Investment banking and auxiliary:Bank of America Tower1111 Avenue of the AmericasNew York, NY 10036U.S.

    Website: bankofamerica.com

    Screenshot via bankofamerica.com
    Screenshot via bankofamerica.com
    Screenshot via bankofamerica.com
    Screenshot via bankofamerica.com
  13. Top 13

    JPMorgan Chase

    JPMorgan Chase & Co. is a Delaware-incorporated American global financial services corporation with its corporate headquarters in New York City. By market capitalization, it is the biggest bank in the US and the biggest bank globally (as of 2023). The Financial Stability Board views the company as having systemic importance because it is the largest of the Big Four banks.


    Due to its size and scope, regulatory control has been strengthened, and a fortress balance sheet of capital reserves is kept on the inside. The company will move into the JPMorgan Chase Building, which is currently under development, in 2025 from its current location at 383 Madison Avenue in Midtown Manhattan.


    JPMorgan Chase's market value was $374.21 billion as of March 2023. JPMorgan Chase is now the 18th most valuable firm in the world according to market cap. The most recent financial reports from JPMorgan Chase indicate that the company's current revenue (TTM) is $128.64 billion. The corporation generated $121.68 billion in revenue in 2021, a rise from $119.53 billion in revenue in 2020.


    Founded: December 1, 2000
    Headquarters: 383 Madison AvenueNew York City, U.S.
    Website: jpmorganchase.com

    Screenshot via  jpmorganchase.com
    Screenshot via jpmorganchase.com
    Screenshot via  jpmorganchase.com
    Screenshot via jpmorganchase.com



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