Households drive market demand, with household spending representing 74.4% of total demand in 2022. Tokio Marine Holdings Inc is the largest company in Japan, generating 18.1% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 70.4% of total production value in 2022. The total number of companies increases in 2022, to 35,312 units. The costs of the industry decrease by 16.3% in 2022, largely driven by declining labour costs. The industry’s profitability increases and stands at 13.6% of turnover in 2022, the 15th highest regionally. With turnover of USD64.9 billion, Japan accounts for 12.2% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Insurance and Pension Funding in Japan: ISIC 66. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Insurance and Pension Funding in Japan: ISIC 66 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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