The World's Best Companies: Superlatives in Asia-Pacific

China, led by its megabanks, put big numbers up. So did Korea

Published: Jun 8, 2012 06:26:38 AM IST
Updated: Jun 15, 2012 03:30:21 PM IST

mg_65372_superlatives_one_280x210.jpgFor the fifth year running Asia-Pacific produced the most names on The Global 2000, with 733 firms. This year it also had the biggest net gain in companies of any region, with 32. It’s also the best-performing region in three out of the four metrics (sales, profits and assets) as well as the biggest in aggregate sales. Japan still has more companies (258) than any other Asia-Pacific country. China was second with 136, but they’re worth more: $2.8 trillion in aggregate market value. China was also this year’s top profit centre with $225 billion in profits. Among the biggest and most profitable companies on our list are Chinese banks, including Bank of China, China Construction Bank and ICBC. Korean companies registered impressive 30 percent gains in both sales and profits.


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Far East: Rising Powers
Since 2007 China and India, with a combined 119 firms, have added the most companies to our list. China then had the tenth most names on the list. Now it is third. India then was ranked 15. Now it is eighth. The biggest leap up the list for both countries was in 2008. Their companies’ combined market value now makes up a third of Asia- Pacific’s total.

 



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(This story appears in the 08 June, 2012 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

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  • Saurabh Suman

    get going we have to be number 1. http://softportal.in

    on Aug 11, 2012
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