Electronics
Japan is well known for its automotive and electronics industries throughout the world, and Japanese electronic products account for a large share in the world market, compared to a majority of other countries. Japan is one of the leading nations in the fields of scientific research, technology, machinery and medical research with the world's third largest budget for research and development at $130 billion USD, and over 677,731 researchers. Japan has received the most science Nobel prizes in Asia (see List of Nobel laureates by country)
Japan has large international corporate conglomerates such as Fuji (which developed the nation's first electronic computer, FUJIC, in 1956) and Sony. Sony, Panasonic, Canon, Fujitsu, Hitachi, Sharp, NEC, Epson and Toshiba are among the most well-known electronics companies in the world. Toyota, Honda, Nissan, Mazda, Mitsubishi, Nintendo, Sony and Subaru are also very well known companies in the world.