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The biggest companies in 1989 by market capitalization. 1. Industrial Bank of Japan: $104.3 billion ... Fuji, and Dai-Ichi, has a market capitalization of $51.2 billion as of this writing. In 1989 ...
The inheritance tax is very high in Japan, reported to be 75% of the market price for over 500 million yen until 1988, and it is still 70% of the market price for over 2 billion yen. [33] Yet the appraisal of land for tax purposes used to be about one-half of the market value and the debt was considered at face value during the bubble period.
During the 1980s, Japan's current account balance shot from a record deficit of US$10.7 billion in 1980 to a record surplus of US$87 billion in 1987 before declining to US$57.1 billion in 1989. As a share of GNP , this surplus reached a peak of 4.4 percent in 1985, a large value for a current account surplus.
As of 2018, Mitsubishi Estate has the most valuable portfolio in the Japanese real estate industry, with a total value of approx. 7.4 trillion yen, much of which is located in the Marunouchi district of Tokyo. [2] MEC owns Japan's third tallest building, the Yokohama Landmark Tower, as well as the Sanno Park Tower and Marunouchi Building in Tokyo.
In November 2024, SoftBank reported quarterly profit of 1.18 trillion yen, or $7.7 billion at the time. It was the firm's biggest profit in two years; revenue was boosted by Son's big bets on AI .
Films with earnings over ¥10 billion [1] Rank Title Gross revenue (¥ billion) Year Ref; 1 Demon Slayer: Kimetsu no Yaiba – The Movie: Mugen Train: 40.43 2020 [1] 2 Spirited Away: 31.68 2001 [2] 3 Titanic: 27.77 1997 [3] 4 Frozen: 25.50 2014 [1] 5 Your Name: 25.17 2016 [1] 6 One Piece Film: Red: 20.33 2022 [1] 7 Harry Potter and the ...
Recent gains in the stock markets have come against the backdrop of a weakening Japanese yen, last at 150.40 against the dollar, driven largely by the divergence between high U.S. interest rates ...
The Lost Decades are a lengthy period of economic stagnation in Japan precipitated by the asset price bubble's collapse beginning in 1990. The singular term Lost Decade (失われた10年, Ushinawareta Jūnen) originally referred to the 1990s, [1] but the 2000s (Lost 20 Years, 失われた20年) [2] and the 2010s (Lost 30 Years, 失われた30年) [3] [4] [5] have been included by commentators ...