The city has a strong global reputation for research and development, with its many universities – among them the renowned University of Tokyo – producing thousands of graduates every year. Other key industries in Tokyo are forestry/timber, tourism, fisheries, retail and logistics. Meanwhile, the Tokyo Stock Exchange is the third largest in the world by market capitalisation. Indeed, the city hosts the headquarters of 37 of the Fortune Global 500 companies, including Sony, Hitachi, Canon, Rakuten and Casio. Since the Second World War, Tokyo has led Japan’s economic recovery, becoming a key global hub for business and finance. It remains the home of the country’s national government as well as the Emperor of Japan. Tokyo, then called Edo, was built around the fishing industry in the 1600s and 1700s before becoming an important political centre in Japan in the 1800s. Its metropolitan population, at 37.5 million, is larger than any other city. The city is one of the most important in the world economically, and it is also one of the largest. Tokyo is Japan’s capital city, lying on the Pacific coast of Honshu, the country’s largest island. Here we profile each of them and look at the sectors in which they excel. Its cities each have their own industrial strengths, and in order – from the largest first – the ten biggest cities in Japan are Tokyo, Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kawasaki, Kobe, Kyoto and Saitama. Japan is one of the world’s largest economies and a key destination and source country for foreign direct investment. (Photo by Behrouz Mehri/AFP via Getty Images) We believe all companies will need to adopt Total Enterprise Reinvention as a strategy in theĬoming years.Tokyo, Japan’s capital city, has the world’s largest metropolitan population. Reinventors also scoreġ1% higher on innovation, 32% better on sustainability, and 31% better on experience for Our research indicates that Reinventors are generating 10% higher incremental revenue growth,ġ3% higher cost reduction, and 17% higher balance-sheet improvements. Outcomes by thinking more deeply about how their reinvention will enable them to engage withĬustomers and employees and create long-term, sustainable value. Outperforming peers in financial, technology, and 360º value dimensions - delivering superior Strategy centered around a strong digital core, that helps drive growth and optimize operations.īy embracing Total Enterprise Reinvention, companies will establish a new performance frontier, These are the “Reinventors”, embracing what we call “Total Enterprise Reinvention“ - a deliberate Some are quietly and systematically changing the game and their industries, driving a new imperative. Most are rising to the occasion, transforming their companies more and faster than ever before. Today’s executives are navigating a complex and dynamic business environment few have ever seen. Our forever frontier – the feedback loop between science and technology is getting faster, in ways that are beginning to unlock solutions to the world’s big challenges.Įxplore how these trends are changing the game.Generalizing AI – a new category of AI-including generative AI, large language models and foundation models-is becoming table stakes for any business operating in tomorrow’s market.Your data, my data, our data – leaders have a chance to build trust with partners and customers by becoming more transparent with data.Digital identity – new forms of digital ID are breaking down the walls between people and enterprises. This year’s Technology Vision explores four trends that are shaping the future: Fusing digital and physical is not only leading to innovation it’s the force behind a new era of generative AI that is just beginning.ĩ6% of global executives agree that the convergence will transform all aspects of business over the next decade. The next wave of business transformation will shift from building isolated digital capabilities to creating the foundations of a new reality-a shared reality that seamlessly combines our physical lives of atoms and our digital ones of bits.
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