40% 50% 60% 70% 80% 90% 100% 米国 日本 No. of Companies 312 154 157 24 33% 13% 0 0.5 1 1.5 2 2.5 3 3.5 4 米国 日本 Market Capitalization Approx. USD 3.8T Approx. USD 380 B The U.S. is 10 times the size of Japan Microsoft, Amazon, Starbucks, Home Depot, eBay, Google, facebook, etc. Only 5 are genuinely newly formed companies (Softbank, Rakuten, Renesas, J:com, Yamada Denki) the remaining 19 were formed by privatization, mergers, holdings, etc. Forbes Global 2000 ※excluding the financial sector Companies established from 1980 on Japan USA USA Japan Sources: April 2014 Meeting of Startup Experts, Forbes Global 2000 2013, Bloomberg, Financial Quest