As of December 2023, Mercari was the largest listed startup in Japan based on initial market capitalization, which amounted to 676.7 billion Japanese yen. The flea market application was Japan's first unicorn and went public in June 2018.
Largest public startup companies in Japan as of December 2023, by initial market capitalization
(in billion Japanese yen)
Company (date of IPO)
Market capitalization in billion Japanese yen
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METI (Japan). (March 6, 2024). Largest public startup companies in Japan as of December 2023, by initial market capitalization (in billion Japanese yen) [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/
METI (Japan). "Largest public startup companies in Japan as of December 2023, by initial market capitalization (in billion Japanese yen)." Chart. March 6, 2024. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/
METI (Japan). (2024). Largest public startup companies in Japan as of December 2023, by initial market capitalization (in billion Japanese yen). Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/
METI (Japan). "Largest Public Startup Companies in Japan as of December 2023, by Initial Market Capitalization (in Billion Japanese Yen)." Statista, Statista Inc., 6 Mar 2024, https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/
METI (Japan), Largest public startup companies in Japan as of December 2023, by initial market capitalization (in billion Japanese yen) Statista, https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/ (last visited September 16, 2024)
Largest public startup companies in Japan as of December 2023, by initial market capitalization (in billion Japanese yen) [Graph], METI (Japan), March 6, 2024. [Online]. Available: https://www.statista.com/statistics/1457109/japan-major-listed-startup-companies-by-initial-market-capitalization/