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Top 20: Japan’s most valuable web companies


About a year ago, I wrote an article on Asiajin that contained a list of Japan’s most valuable web companies by market capitalization. A lot has happened since then (thanks to the exchange rate we now have 12 large-cap companies instead of six, for example), so let's see how the list looks today.

I am using information from Netindex as reference, compare each company's rank with last year's position and provide English links in any case possible.

Notes:
The service also lists up companies that operate in non-Internet related fields as well.
No responsibility is taken for the correctness of this information.

List (rank and market cap in 2008 in brackets):
1. SoftBank - $23.7 billion (2. in 2008 with $21.9 billion) - Telecommunications and web services

2. Yahoo! Japan - $19 billion (1./$21.9 billion)

3. Rakuten - $8.3 billion (3./$6.1 billion) - Online shopping mall

4. Matsui - $2.6 billion (5./$2.1 billion) - Financial services

5. GREE - $1.9 billion (not listed in August 2008) - Mobile social gaming

6. DeNA - $1.5 billion (4./$2.3 billion) - Mobile web business and E-Commerce

7. kabu.com - $1.2 billion (8./$980 million) - Financial services (online only)

8. ACCESS - $1.2 billion (14./$520 million) - Mobile software and web development

9. eAccess - $1.1 billion (10./$740 million) - Broadband IP communication services

10. mixi - $1 billion (7./$980 million) - Social network and online employment services

11. Kakaku.com - $1 billion (12./$720 million) - Online price comparison

12. Monex Group - $1 billion (6./$1.2 billion) - Financial services

13. CyberAgent - $654 million(9./$880 million) - Web media and advertising

14. Gourmet Navigator - $640 million (13./$520 million) - Online restaurant information

15. Cookpad - $469 million (not listed in August 2008) - Online recipes

16. Internet Initiative Japan - $463 million (11./$740 million) - Internet connectivity services

17. GMO Internet - $430 million (15./$480 million) - Internet infrastructure and media business

18. Dwango - $345 million (19./$330 million) - Web content and systems provider

19. MTI - $303 (not in the top 20 last time) - Mobile web content

20. en-japan - $282 million (18./$340 million) - Online recruitment

Mobile web content providers Index Holdings (now 23.) and Zappallas (now 21.) dropped out of the top 20. Online marketing agency Opt fell from 16 to 24.