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.

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