It still holds up. I have a homie in Tokyo who's nickname is Vend, btw
Edit: not sure if the link takes you to the "Popularity in Japan" section for everyone, so here's the unedited text copied directly:
"Vending machines are a common sight in Japan, and are considerably popular. There are more than 5.5 million machines installed throughout the nation, and Japan holds the highest ratio of machines per person for any country with one machine for every twenty-three people."