Japanese firm Risk Masters has published a report on the top most cash rich companies in Japan as of 2019.
To tabulate the list, Risk Masters calculated the net cash companies have on hand. Coming in at No. 1 is Toshiba, which has 977,700,000,000 yen (USD9 billion) of holdings in cash.
Nintendo held on to second place in 2019 with 844,500,000,000 yen of holdings in cash, equivalent to about USD7.79 billion as of July 25, 2019.
Other companies in the list include Subaru, Sekomu, and SMC.
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