This report gives a comprehensive overview of Japan's US$ 200 billion telecommunications industry and markets. This report is purchased by investors, investment banks, students, telecom equipment makers, electronic chip makers, telecom operators, venture companies, software companies and many other industry professionals all over the world. Most experts agree that Japan is the global leader in telecommunications, about 2-5 years ahead of Europe and the US in most areas of telecommunications. Therefore, understanding the state-of-the-art in telecommunications requires understanding the telecommunication landscape in Japan. The present report delivers such an overview and is required reading for any telecommunication professional, who wishes to understand todays state-of-the-art. This report gives a thorough overview of Japan's telecommunications markets, with a wealth of statistical and financial data in visualized graphical form with analysis and trends.