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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Leading startups in Japan 2021, by estimated market capitalization
As of January 2021, Preferred Networks was the leading startup in Japan, with an estimated market capitalization of 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 billion yen.
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Startup DB. (January 13, 2021). Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 02, 2026, from /statistics/885293/japan-company-value-leading-unicorns/
Startup DB. "Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen)." Chart. January 13, 2021. ÌÇÐÄÆƽâ°æ. Accessed August 02, 2026. /statistics/885293/japan-company-value-leading-unicorns/
Startup DB. (2021). Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 02, 2026. /statistics/885293/japan-company-value-leading-unicorns/
Startup DB. "Leading Japanese Startup Companies as of January 2021, by Estimated Market Capitalization (in Billion Japanese Yen)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 13 Jan 2021, /statistics/885293/japan-company-value-leading-unicorns/
Startup DB, Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen) ÌÇÐÄÆƽâ°æ, /statistics/885293/japan-company-value-leading-unicorns/ (last visited August 02, 2026)
Leading Japanese startup companies as of January 2021, by estimated market capitalization (in billion Japanese yen) [Graph], Startup DB, January 13, 2021. [Online]. Available: /statistics/885293/japan-company-value-leading-unicorns/
