Making money isn`t just about what comes in. The reason Nintendo is a financial success is because they pay attention to the pennies they spend and make the most of where they allocate money. There`s a lot to be said for a company that has such recognizable and mainstream intellectual property. Mario, Zelda, Donkey Kong, Pokémon, Kirby. I`m amazed that Sony and Microsoft have so little of this kind of recognition, given the popularity of their brands. Nintendo was never close to bankruptcy, not even poor. They can survive 3 Wii-U in a row every stormy night. They make more money than Microsoft`s Xbox and Sony`s Playstation combined. With a simple trick. Sell cheap hardware at a high price and make big games with almost no price drop. It`s no surprise that Nintendo has such a large net cash bank, as it is a very stable and successful global company that can both generate high positive net cash flow and attract high investments.
But what`s also interesting is the difference between the net liquidity of the richest companies and the richest tenths: Nintendo has more than three times as much as electronics maker Rohm, which might make you wonder why. The company is known for its sophisticated marketing programs, as well as its benefits and benefits programs (a rarity in Japan). In the last reporting year, it generated profits of approximately $14.9 billion, while retaining assets valued at approximately $366.7 billion. Shin-Etsu Chemical Co, number two on the list, is the largest chemical company in Japan with a large share of the world`s PVC and silicone production, so it`s no surprise that they have the second most money in their wallets. Coincidentally, they also produce semiconductor silicone for use in electronics and have also worked on the development of lithium batteries, so they can also fall into the category of technology and parts manufacturing. Nintendo is said to have a net worth of 890.4 billion yen, or about $8.3 billion this year. The video game giant was named Japan`s second richest company in 2019, but thanks to the huge success of Animal Crossing: New Horizons and the Nintendo Switch, they took the top spot for 2020. SOFTBANK GROUP is a multinational conglomerate holding company and investment company based in Japan. Invests in various companies in different sectors around the world.
The company is active in telecommunications, internet, media and marketing, technology, semiconductors, finance, investment and many sectors. In 2021, Softbank Group employed 58,786 people. Toyota Motor, the world`s second-largest automaker (only Germany`s Volkswagen produces more), is one of Japan`s most famous success stories, becoming the first company to produce more than 10 million cars in a single year. He is also the market leader in hybrid electric vehicles as well as owner of the luxury car brand Lexus. Most of these companies have a high level of foreign ownership or are wholly foreign-owned. I`m not entirely surprised. The only way for Japanese companies to make a lot of money and have a high market value is through foreign ownership, usually Chinese or American. Shinetsu Chemical Industry follows in second place with 813.0 billion yen (about 7.7 billion USD) and in third place is Sintered Metal Corporation (SMC) with 536.7 billion yen (5.0 billion USD). The only other Japanese electronic entertainment company to make the top 20 is Bandai Namco Holdings with 189.8 billion yen ($1.8 billion), ranking 18th.
As you can see, when you find a job in Japan, these are clearly some of the most successful and stable employers you should consider. If you`re prepared for a linguistic and cultural shock, your career in Japan could reach serious heights with one of these great companies. www.businessinsider.com/most-valuable-us-startups-2016-12#1-uber-8 In accounting, net liquidity measures a company`s ability to pay expenses and debts quickly. It is calculated as total liquidity (including assets that can be quickly converted into cash) minus total liabilities. While this doesn`t necessarily mean that a business will make high profits, it`s generally a good thing to have high net cash flow because the more you have, the more you can use to grow your business. @Tantani Hey, I don`t want Nintendo to start buying a bunch of other studios. I prefer their current approach of only working with other developers when needed (like Intelligent Systems, Game Freak, HAL Laboratory – none of which belong to Nintendo). The last thing I want is for Nintendo to become a Disney-style monopoly (not that they`re close to it right now, but I don`t want them to start going down that road). Japan has always been recognized as a world leader in technological and IT development, but like any country, its economy is full of successful businesses in all kinds of industries. This might lead you to wonder what kind of companies are the richest? On August 25, management consulting firm Risk Monster (which had previously investigated Japanese companies expected to be in about 50 years) compiled a list of Japanese companies with the thickest portfolios.
This list is based on the Forbes Global 2000, which lists the 2,000 largest publicly traded companies in the world. The Forbes list takes into account a variety of factors, including revenue, net income, balance sheet total, and market value of each company. Each factor is given a weighted rank in terms of importance when looking at the overall ranking. The table below also lists the head office and industry sector of each company. The figures are in billions of US dollars and refer to the year 2021. The top 50 Japanese companies in Forbes 2000 are listed. [2] Mitsubishi Corporation, headquartered in Tokyo, one of the four main components of Mitsubishi, is Japan`s largest trading company. It is highly diversified and retains extensive business interests in a variety of sectors, including finance, engineering, chemicals and food, while its Energy business group (which manages oil and gas trade and investments) generates significant revenues. But the 3DS was working hard – we had 3 at home – so the company as a whole, even if I remember it was in the red once or twice, didn`t suffer too much.
The list gives us an interesting insight into the Japanese business economy. Of course, as mentioned earlier, net liquidity does not necessarily indicate the health of a company, but it does indicate whether that company has the potential to grow in the near future, as it represents whether it has the money to invest in new ventures, research and development. NTT Docomo is a telecommunications and mobile communications company based in Japan. As of March 2018, NTT Docomo held more than 9100 patents. The head office is located in Japan. Japan is the third largest economy in the world and was one of the most powerful. So what went wrong? @rjejr We are not talking about the value of the company. We are talking about the amount of money they have in their checking account. This list features the 45 Japanese companies in the Fortune Global 500, which ranks the world`s largest companies based on their annual revenue. The following figures are expressed in millions of US dollars and refer to fiscal year 2021. [1] Also listed are the location of the head office, net profit, number of employees worldwide and industry sector of each company.
Comments are closed.