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===Industry and services === {{Main|Manufacturing in Japan|Trade and services in Japan|Electronics industry in Japan|Automotive industry in Japan}} [[File:2018 Nissan GT-R Premium in Super Silver, Front Right, 10-11-2022.jpg|thumb|The [[Nissan GT-R]], a [[sports car]] manufactured by [[Nissan]]. Japan is the [[List of countries by motor vehicle production|third-largest producer of motor vehicles]] in the world.<ref name=":0" />]] Japan has a large industrial capacity and is home to some of the "largest and most technologically advanced producers of motor vehicles, [[machine tool]]s, steel and nonferrous metals, ships, [[chemical substance]]s, textiles, and [[food processing|processed foods]]".<ref name="cia"/> Japan's industrial sector makes up approximately 27.5% of its GDP.<ref name=cia/> The country's manufacturing output is the [[List of countries by manufacturing output|fourth highest]] in the world {{as of|2023|lc=yes}}.<ref>{{Cite web|title=Manufacturing, value added (current US$)|url=https://data.worldbank.org/indicator/NV.IND.MANF.CD?most_recent_value_desc=true|accessdate=March 17, 2020|publisher=World Bank|archive-date=January 7, 2020|archive-url=https://web.archive.org/web/20200107135049/https://data.worldbank.org/indicator/NV.IND.MANF.CD?most_recent_value_desc=true|url-status=live}}</ref> Japan is in the top three globally for both automobile production<ref name=":0">{{Cite web |last= |first= |title=2022 Production Statistics |url=https://www.oica.net/category/production-statistics/2022-statistics/ |url-status=live |archive-url=https://web.archive.org/web/20230408125523/https://www.oica.net/category/production-statistics/2022-statistics/ |archive-date=April 8, 2023 |accessdate=May 22, 2023 |website= |publisher=OICA}}</ref> and export,<ref>{{cite web |last1=He |first1=Laura |last2=Semans |first2=Himari |date=February 2, 2024 |title=Is China now the world's top car exporter? It's complicated |url=https://www.cnn.com/2024/02/02/cars/japan-china-top-car-exporter-data-intl-hnk/index.html |publisher=CNN}}</ref><ref>{{Cite web |title=Cars |url=https://oec.world/en/profile/hs/cars |accessdate=July 27, 2024 |website=[[The Observatory of Economic Complexity]]}}</ref> and is home to [[Toyota]], the world's [[List of manufacturers by motor vehicle production|largest automobile company by production]]. The Japanese shipbuilding industry faces increasing competition from its East Asian neighbors, South Korea and China; a 2020 government initiative identified this sector as a target for increasing exports.<ref>{{cite web|url=https://japan-forward.com/japan-targets-to-export-more-ships-revive-global-market-share/|website=Japan Forward|title=Japan Targets to Export More Ships, Revive Global Market Share|last=Okada|first=Mizuki|date=September 5, 2020|archive-date=January 23, 2021|archive-url=https://web.archive.org/web/20210123140851/https://japan-forward.com/japan-targets-to-export-more-ships-revive-global-market-share/|url-status=live}}</ref> Once considered the strongest in the world, the [[Japanese consumer electronics industry]] is in a state of decline as regional competition arises in neighboring East Asian countries such as South Korea and China.<ref>{{cite web |last=Pham |first=Sherisse |date=May 4, 2017 |title=How things got ugly for some of Japan's biggest brands |url=https://money.cnn.com/2017/05/04/technology/japanese-companies-fall-toshiba-olympus-sanyo-sharp/index.html |url-status=live |archive-url=https://web.archive.org/web/20201204154837/https://money.cnn.com/2017/05/04/technology/japanese-companies-fall-toshiba-olympus-sanyo-sharp/index.html |archive-date=December 4, 2020 |website=CNN Money}}</ref> However, [[Video games in Japan|Japan's video game sector]] remains a major industry. In 2014, Japan's consumer video game market grossed $9.6 billion, with $5.8 billion coming from mobile gaming.<ref>{{cite web |last=Nutt |first=Christian |date=June 19, 2015 |title=Japan's game market hits record high as consoles decline and mobile grows |url=http://gamasutra.com/view/news/246644/Japans_game_market_hits_record_high_as_consoles_decline_and_mobile_grows.php |url-status=dead |archive-url=https://web.archive.org/web/20180922173536/http://gamasutra.com/view/news/246644/Japans_game_market_hits_record_high_as_consoles_decline_and_mobile_grows.php |archive-date=September 22, 2018 |website=Gamasutra}}</ref> By 2015, Japan had become the world's [[List of video games markets by country|fourth-largest]] [[PC game]] market by revenue, behind only [[Video games in China|China]], the [[Video games in the United States|United States]], and [[Video games in South Korea|South Korea]].<ref>{{cite web |date=August 2, 2016 |title=PC games revenue to hit $42 billion in 2020 β DFC |url=https://www.gamesindustry.biz/articles/2016-08-02-pc-games-revenue-to-hit-usd42-billion-in-2020-dfc |url-status=live |archive-url=https://web.archive.org/web/20220210180401/https://www.gamesindustry.biz/articles/2016-08-02-pc-games-revenue-to-hit-usd42-billion-in-2020-dfc |archive-date=February 10, 2022 |website=[[GamesIndustry.biz]]}}</ref> Japan's service sector accounts for about 71.4% of its total economic output {{as of|2022|lc=y}}.<ref>{{cite web |title=Services, value added (% of GDP) |url=https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS?locations=JP |accessdate=November 11, 2020 |publisher=World Bank |archive-date=May 16, 2022 |archive-url=https://web.archive.org/web/20220516063109/https://data.worldbank.org/indicator/NV.SRV.TOTL.ZS?locations=JP |url-status=live }}</ref> [[Banking in Japan|Banking]], retail, [[transportation in Japan|transportation]], and [[Telecommunications in Japan|telecommunications]] are all major industries, with companies such as Toyota, [[Mitsubishi UFJ Financial Group|Mitsubishi UFJ]], -[[Nippon Telegraph and Telephone|NTT]], [[Aeon (company)|Aeon]], [[SoftBank Group|SoftBank]], [[Hitachi]], and [[Itochu]] listed as among the largest in the world.<ref name="Fortune Global 500 ">{{cite news|url=https://fortune.com/global500/2020/search/?fg500_country=Japan&non-us-cos-y-n=true|title=Fortune Global 500|accessdate=November 11, 2020|website=Fortune|archive-date=November 17, 2020|archive-url=https://web.archive.org/web/20201117130030/https://fortune.com/global500/2020/search/?fg500_country=Japan&non-us-cos-y-n=true|url-status=live}}</ref><ref>{{cite news|url=https://www.forbes.com/global2000/#2cb352db335d|title=The World's Largest Public Companies|work=Forbes|accessdate=November 11, 2020|archive-date=December 21, 2012|archive-url=https://web.archive.org/web/20121221222151/http://www.forbes.com/global2000/#2cb352db335d|url-status=live}}</ref>
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