Each year, Fortune Magazine from United States, published a list of 500 biggest companies in the world. Here are 10 names of company in the world which get ranks the top 10 as biggest company in world from Fortune magazine version, for the year 2010.
1. Wal-Mart Stores
For the year 2010, Wal-Mart ranked top for the biggest companies in the world. Although economic growth in America for 2010 is not easy. In that year in the United States, retailers have to combat high unemployment and rising gas prices. However, under CEO Michael T. Duke, Wal-Mart still can utilize and expand sales outside the United States. According to information 25% of revenue Wal-Mart, is from outside the USA. Wal-Mart continues to expand its market in global, by buying the largest grocery stores in Chile, Distribucion y Servicio. In previous years, Wal-Mart ranked number three as the biggest company, but for 2010 they succeeded in becoming the biggest company in the world.
Overview of Wal-Mart:
CEO: Michael T. Duke
Address: 702 S.W. Eighth St.
Bentonville, Arkansas 72716
Wal-Mart Store financial data (in U.S. $ Millions):
Revenues = 408,214.0
Profits = 14,335.0
Assets = 170,706.0
Stockholders’ equity = 70,749.0
2. Royal Dutch Shell
To name the world’s second largest company held by the oil and gas companies from Europe, namely Royal Dutch Shell. Revenue from oil and gas company is beating its competitors, namely Exxon Mobil and BP. Recession cutting demand for energy, causing oil prices to fall, far below their record highs in 2008. But CEO Peter Voser managed to take bold steps to make the company more competitive, such as selling assets, merging divisions and cutting jobs. Royal Dutch Shell eased into the second position as the biggest company in the world, after the previous year ranked first.
Overview of Royal Dutch Shell:
CEO: Peter R. Voser
Address: Carel van Bylandtlaan 30
The Hague 2596
Royal Dutch Shell financial data (in U.S. $ Millions):
Revenues = 285,129.0
Profits = 12,518.0
Assets = 292,181.0
Stockholders’ equity = 136,431.0
3. Exxon Mobil
Third biggest company in the world are also occupied by oil and gas companies, namely Exxon Mobil of the U.S. The company declined previous rankings are in the rank 2 of the world, in the previous year. All oil and gas companies face the same challenges as their competitors, but ExxonMobil is still continuing to expand its global reach into emerging markets.
Overview of Exxon Mobil:
CEO: Rex W. Tillerson
Address: 5959 Las Colinas Blvd.
Irving, Texas 75039
Exxon Mobil financial data (in U.S. $ Millions):
Profits = 19,280.0
Assets = 233,323.0
Stockholders’ equity = 110,569.0
In 2010, BP had the worst oil spill problem in U.S. history. That is oil spills in the Gulf of Mexico from one of their offshore rigs. BP has issued a budget of billions of dollars to clean up the disaster and had to cancel the distribution of dividends for the shareholders for the remainder of 2010. In addition, the market also in difficult conditions which is lower demand and falling oil prices are also faced by BP, like other oil companies. However, BP remained in his position as last year, the fourth place for biggest company in the world.
Overview of BP:
CEO: Anthony B. Hayward
Address: 1 St. James Sq.
London SW1Y 4PD
BP financial data (in U.S. $ Millions):
Revenues = 246,138.0
Profits = 16,578.0
Assets = 235,968.0
Stockholders’ equity = 101,613.0
5. Toyota Motor
2009 was a bad year for the automotive industry, Toyota is no exception. As the world’s largest car manufacturer, Toyota faces decline in auto demand worldwide. But the Toyota Motor company performance for 2010 looks pretty good. Especially with the company’s consolidated earnings surprises in the fourth quarter. Toyota Motor rose rank to fifth position as the world’s biggest company, which last year ranked tenth.
Overview of Toyota Motor:
CEO: Akio Toyoda
Address: 1 Toyota-cho
Toyota Motor financial data (in U.S. $ Millions):
Revenues = 204,106.1
Profits = 2,255.9
Assets = 324,869.3
Stockholders’ equity = 110,894.1
6. Japan Post Holdings
Japan Post Holdings rose ranking from position 11 to position 6 as the biggest company in the world. Although in 2009 the new Japanese government, to cancel the privatization of companies that combine the delivery of mail by the banking and insurance services.
Overview of Japan Post Holdings:
CEO: Jiro Saito
Address: 1-3-2 Kasumigaseki
Japan Post Holdings financial data (in U.S. $ Millions):
Revenues = 202,196.1
Assets = 3,196,010.7
Stockholders’ equity = 98,087.6
7. Sinopec Group
Sinopec Group is China Petrochemical Corp. In 2009, the company is reducing CO2 emissions with energy savings goals, which in previous years had been planned. The company is also very active in exploring alternative energy sources to date. The company occupies the ninth position as the world’s biggest companies, which previously ranked seventh.
Overview of Sinopec Group:
CEO: Su Shulin
Address: 22 Chaoyangmen N. St.
Sinopec Group financial data (in U.S. $ Millions):
Revenues = 187,517.7
Profits = 5,755.6
Assets = 188,793.1
Stockholders’ equity = 63,506.9
8. State Grid
This electric company with rapidly rising ratings. After the previous year ranked 15, for 2010, State Grid get position number 8 in the top ten of biggest company in world. State Grid Corporation serves as the main power grid builder and operator in China. In addition the company also supplies electricity to millions of connections. Since its founding in 2002, this company has successfully run the electricity industry reform, technological exchanges, and development of environmental conservation. State Grid’s chief executive has set his eyes on the first national electricity network construction, China’s Smart, to cut energy costs and improve distribution. If the network was completed in 2020, they were expected to provide up to 35% of the energy supply in China.
Overview of State Grid:
CEO: Liu Zhenya
Address: 86 Xichang’an Ave.
State Grid financial data (in U.S. $ Millions):
Revenues = 184,495.8
Profits = -343.0
Assets = 269,801.7
Stockholders’ equity = 90,088.8
French insurance giant, AXA, rose rank to the position 9. This company already has 10 million customer base, which can support their business grow to the east. With AXA Asia Pacific, the company earns revenue that rose 50% from a year earlier. A rise very high for a company. In fact, AXA companies hope to triple revenue from developing countries such as Thailand, Indonesia, and Malaysia, in 2015.
Overview of AXA:
CEO: Henri de Castries
Address: 25 Ave. Matignon
AXA financial data (in U.S. $ Millions):
Revenues = 175,257.4
Profits = 5,012.2
Assets = 1,016,270.8
Stockholders’ equity = 66,334.0
10. China National Petroleum
The most recent position of the ten biggest companies in the world occupied by oil and gas companies from China, namely China National Petroleum. Since its founding in 1988, this company has grown in 12 countries, from Asia, Africa and South America. He has 14 subsidiaries of big oil and gas field, 14 large-scale purification company and petrochemicals, and R & D units located throughout China.
Overview of China National Petroleum:
CEO: Jiang Jiemin
Address: 9 Dongzhimen N. St.
China National Petroleum financial data (in U.S. $ Millions):
Revenues = 165,496.5
Profits = 10,272.5
Assets = 325,384.1
Stockholders’ equity = 185,946.0
That list of the ten largest companies in the world for 2010. These companies have provided employment for millions of people in the world. In addition, these companies also are the backbone of the economy are very important, both for their country, even for the world.