Toyota Motor Corp. was the highest-ranked Japanese company in Forbes magazine's 2004 corporate rankings, moving up to the eighth spot from 10th a year earlier, the U.S. business magazine said Thursday.
U.S. banking giant Citigroup was in top place on the Forbes 2,000 list of the world's leading companies based on sales, assets, profits and market value.
General Electric Co. came second, followed by American International Group Inc., ExxonMobil Corp., BP PLC, Bank of America and HSBC Group, Toyota, Fannie Mae and Wal-Mart Stores Inc.
Five other Japanese companies are in the top 100. They are Nippon Telegraph and Telephone Corp. at 30th, Honda Motor Co. at 49th, Nissan Motor Co. at 51st, Tokyo Electric Power Co. at 72nd, and Sony Corp. at 82nd.
The Forbes 2,000 list appears in the April 12 issue.