TOKYO - SoftBank Group Corp. overtook Toyota Motor Corp. on Monday to become Japan's most valuable publicly traded company amid a rally in technology shares, marking the first time in more than 22 years for the automaker to cede the top spot.
Trading on the Tokyo Stock Exchange ended with SoftBank Group seeing its market capitalization surpass 48 trillion yen ($301 billion), compared with just under 46 trillion yen for Toyota Motor, in what would be a shift in Japan's industrial landscape.
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