Ramucirumab is a human monoclonal antibody against vascular endothelial growth factor receptor (VEGFR)-2 that has been clinically tested as a second-line treatment in patients with hepatocellular carcinoma (HCC) who progressed on or are intolerant to sorafenib [1]. The REACH trial (REACH) did not show significant improvement in overall survival (OS) in the ramucirumab arm over the placebo group in the overall global population; however, subgroup analysis showed a clear survival benefit in patents with an α-fetoprotein (AFP) level ≥400 ng/mL, which was not observed in patients with AFP < 400 ng/mL [2]. In the subsequent REACH-2 trial (REACH-2), which involved only patients with AFP ≥400 ng/mL, ramucirumab significantly improved OS over placebo [3]. In Japan, ramucirumab was approved on June 18, 2019, for the treatment of patients with HCC aggravated after systemic therapy and AFP ≥400 ng/mL. This was the fourth approved indication for ramucirumab after stomach cancer, colorectal cancer, and lung cancer. This article summarizes the factors underlying the greater efficacy of ramucirumab as second-line treatment for HCC in the Japanese population than in the global population despite showing a similar safety profile and tolerability in both groups.