Households drive market demand, with household spending representing 72.3% of total demand in 2023. Tokio Marine Holdings Inc is the largest company in Japan, generating 18.7% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 72.1% of total production value in 2023. The total number of companies decreases in 2023, to 34,474 units. The costs of the industry decrease by 1.3% in 2023, largely driven by declining labour costs. The industry’s profitability increases and stands at 14.7% of turnover in 2023, the 15th highest regionally. With turnover of USD69.3 billion, Japan accounts for 12.9% of the Asia Pacific total in 2023.
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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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