Japanese Fortune Global 500 companies based in Tokyo 2018, by revenue

Out of the Japanese Fortune Global 500 companies, Honda Motor was the largest company headquartered in Tokyo in 2018. The ranking was based on annual revenue which amounted to around 139 billion U.S. dollars. Japan Post Holdings was the second largest Japanese Fortune Global 500 company with its headquarters in Japan’s capital generating an annual revenue of around 117 billion dollars.

Scarce office space

The population of the Greater Tokyo Area is home to more than 37 million people and despite high rents, has attracted many companies to set up their headquarters there. This has led to tight supply-demand conditions and the lowest annual average vacancy rate for office space in 2018 since 2011. However, some large-scale completions, expected between 2018 and 2020, will add supply to the office market in Central Tokyo. The total office space in the Tokyo Metropolitan area amounted to nearly 14 thousand hectares as of 2017.

How to keep up with Hong Kong and Singapore

Although Tokyo is not only popular among Japanese companies, but also among global companies, it has recently been struggling to compete with even more attractive Asian cities, such as Singapore or Hong Kong. Possible measures to satisfy the world’s business elites include improving Tokyo’s infrastructure, simplifying procedures for setting up businesses and inviting competitive international schools.

Japanese Fortune Global 500 companies with headquarters in Tokyo as of 2018, by revenue (in billion U.S. dollars)*

Revenue in in billion U.S. dollars
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Release date

November 2018



Survey time period


Supplementary notes

*Within top 200 of the Fortune Global 500.
() Fortune Global 500 rank.
The Fortune Global 500 is an annual ranking of the top 500 corporations worldwide as measured by revenue.

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