Japan
Japan has a large industrial capacity, and is home to some of the largest and most technologically advanced producers of motor vehicles, electronics, machine tools, steel and nonferrous metals, ships, chemical substances, textiles, and processed foods. Agricultural businesses in Japan cultivate 13 percent of Japan's land, and Japan accounts for nearly 15 percent of the global fish catch, second only to China. , Japan's labor force consisted of some 65.9 million workers. Japan has a low unemployment rate of around four percent. Some 20 million people, around 17 per cent of the population, were below the poverty line in 2007. Housing in Japan is characterized by limited land supply in urban areas.
Economy of Japan
Japan's service sector accounts for about three-quarters of its total economic output. Banking, insurance, real estate, retailing, transportation, and telecommunications are all major industries such as Mitsubishi UFJ, Mizuho, NTT, TEPCO, Nomura, Mitsubishi Estate, ÆON, Mitsui Sumitomo, Softbank, JR East, Seven & I, KDDI and Japan Airlines counting as one of the largest companies in the world. Four of the five most circulated newspapers in the world are Japanese newspapers. The Koizumi government set Japan Post, one of the country's largest providers of savings and insurance services for privatization by 2015. The six major keiretsus are the Mitsubishi, Sumitomo, Fuyo, Mitsui, Dai-Ichi Kangyo and Sanwa Groups. Japan is home to 251 companies from the Forbes Global 2000 or 12.55% (as of 2013).