Italy have climbed up the FIFA World Ranking to 13th place, while Alberto Zaccheroni's Japan soar.
The Azzurri had dropped to 14th in the wake of the dismal 2010 World Cup campaign.
Results over the last few months have seen them climb back one spot to 13th under Cesare Prandelli's reign.
The top places are unchanged with Spain the leaders, then Holland, Germany and Brazil.
The biggest change is from Japan, who won the Asian Cup for the fourth time last week.
Under Coach Zaccheroni's tenure, they have climbed into the top 20 for the first time in five years, going up 12 places to 17th.