Japan: leading startups by estimated market capitalization 2021

As of January 2021, Preferred Networks was the leading startup in Japan, with an estimated market capitalization of 357.1 billion Japanese yen. Preferred Networks is a startup specializing in the application of deep learning technology. Clean Planet, a startup engaging in the development of new clean energy, followed with an estimated market capitalization of around 129.8 billion yen.

Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen)

Characteristic	Enterprise value in billion Japanese yen
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Release date

January 2021

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Region

Japan

Survey time period

January 4, 2021

Supplementary notes

Figures calculated on the basis of the shares issued and dilutive shares listed in the register.
Excluding subsidiaries and companies established under the guidance of INCJ.
Figures converted at the exchange rate prevailing at the time of calculation in the case of funding in US dollars.
100 Japanese yen equal 0.74 U.S. dollars or 0.70 euros as of December 2022.

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