In Japan, the top three megabanks have maintained their positions at the top of this year’s country ranking, in the same order as the two preceding years. Mitsubishi UFJ Financial Group has once again claimed the top spot with $153.04bn in Tier 1 capital. It also jumps one place in the global ranking to ninth, while exhibiting the biggest increase in Tier 1 capital of all the top three Japanese banks compared with the 2017 ranking.
In fact, none of the top 10 banks for 2018 has changed places from the 2017 ranking, with the exception of Sumitomo Mitsui Trust Bank, which switched with Nomura Holdings to come in fifth and sixth, respectively. Within the leading 10 banks, all have dropped in the global Top 1000 rankings for 2018 – apart from Mitsubishi UFJ Financial Group, which has gained a place.
Hiroshima Bank is the only bank from the 2017 ranking not to appear in the top Japanese lenders 25 for 2018, having been bumped out by Shiga Bank.
In the 2018 global ranking, Japan has four new entrants: Aeon Bank, Seven Bank, Daiwa Next Bank and Rakuten Bank – giving it two more in total than in 2017's ranking. Aeon leads the newcomers in 435th spot, with $2.25bn in Tier 1 capital. None have cracked the country’s top 25, however, trailing 25th placed Shiga Bank at 312th in the global ranking by more than 100 places.
One of 2017’s new country ranking entrants, Concordia Financial Group, maintains its ninth place in 2018 with $10.2bn in Tier 1 capital, while another, Mebuki Financial Group, is among the top 10 biggest movers in Japan for 2018, with an increase in Tier 1 capital of more than 15%.
The biggest mover overall is Saikyo Bank, ranked 896th in the world, up from 978th in 2017, with a 34% increase in Tier 1 capital.
The top five Japanese banks for return on capital (ROC) are all new this year, led by Rakuten Bank with 25%. Nomura, ranked 67th for Tier 1 capital globally, is placed fifth for ROC in this year’s table, with a 12% average.
Top 25: Japan ($M)
| Country Rank | World Rank | Bank | Tier 1 capital |
| 1 | 9 | Mitsubishi UFJ Financial Group | 153,044 |
| 2 | 14 | Sumitomo Mitsui Financial Group | 99,917 |
| 3 | 16 | Mizuho Financial Group | 86,564 |
| 4 | 28 | Norinchukin Bank | 60,577 |
| 5 | 64 | Sumitomo Mitsui Trust Bank | 26,570 |
| 6 | 67 | Nomura Holdings | 25,106 |
| 7 | 86 | Resona Holdings | 18,773 |
| 8 | 116 | Shinkin Central Bank | 12,941 |
| 9 | 144 | Concordia Financial Group | 10,197 |
| 10 | 163 | Shoko Chukin Bank | 8,957 |
| 11 | 172 | Shizuoka Bank | 8,456 |
| 12 | 174 | Chiba Bank | 8,415 |
| 13 | 189 | Mebuki Financial Group | 7,305 |
| 14 | 201 | Hachijuni Bank | 6,658 |
| 15 | 218 | Yamaguchi Financial Group | 5,647 |
| 16 | 224 | Kyushu Financial Group | 5,503 |
| 17 | 228 | Fukuoka Financial Group | 5,464 |
| 18 | 233 | Iyo Bank | 5,403 |
| 19 | 246 | Chugoku Bank | 4,942 |
| 20 | 250 | Hokuhoku Financial Group | 4,858 |
| 21 | 255 | Gunma Bank | 4,714 |
| 22 | 287 | Aozora Bank | 3,912 |
| 23 | 294 | Nishi Nippon City Bank | 3,832 |
| 24 | 298 | Bank of Kyoto | 3,782 |
| 25 | 302 | Shiga Bank | 3,746 |
Highest Movers: Japan
| Country Rank | World Rank | Bank | Tier 1 capital % change | Tier 1 capital $m |
| 1 | 896 | Saikyo Bank | 34.69 | 637 |
| 2 | 302 | Shiga Bank | 24.16 | 3,746 |
| 3 | 86 | Resona Holdings | 19.86 | 18,773 |
| 4 | 16 | Mizuho Financial Group | 18.12 | 86,564 |
| 5 | 233 | Iyo Bank | 17.26 | 5,403 |
| 6 | 411 | Hokkoku Bank | 17.07 | 2,357 |
| 7 | 425 | Nanto Bank | 17.07 | 2,291 |
| 8 | 189 | Mebuki Financial Group | 15.49 | 7,305 |
| 9 | 457 | Bank of Nagoya | 15.28 | 2,125 |
| 10 | 329 | Suruga Bank | 15.24 | 3,249 |
New Entrants: Japan ($M)
| World Rank | Bank | Tier 1 capital |
| 435 | Aeon Bank | 2,249 |
| 518 | Seven Bank | 1,758 |
| 671 | Daiwa Next Bank | 1,172 |
| 783 | Rakuten Bank | 881 |
Top Five ROC: Japan
| Country Rank | World Rank | Bank | Return on capital (%) |
| 1 | 783 | Rakuten Bank | 25.17 |
| 2 | 518 | Seven Bank | 20.44 |
| 3 | 287 | Aozora Bank | 13.95 |
| 4 | 228 | Fukuoka Financial Group | 12.20 |
| 5 | 67 | Nomura Holdings | 12.11 |
