As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 45.20% |
|---|---|
| Individuals | 16.83% |
| Top 10 holders | 47.34% |
| Total shareholders | 24,947 |
How to read this: each slice is a group of investors. Foreign and financial institutions are professional money; individuals are retail shareholders; other corporations are usually business partners holding strategic stakes. A large institutional slice generally means heavier analyst coverage and more trading volume.
How to read this: each line shows how one investor group's share has moved over recent years. A rising foreign or institutional line can signal growing professional interest; a falling one the opposite. Japanese companies disclose ownership once a year, so these are annual points — read the direction over several years rather than a single step.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Foreign institutions | 45.20% | 677 |
| Financial institutions | 24.58% | 47 |
| Individuals & others | 16.83% | 23,258 |
| Other corporations | 8.03% | 896 |
| Securities firms | 5.36% | 35 |
| Foreign individuals | 0.01% | 34 |
How to read this: a high foreign or institutional share often means the stock is widely researched and more liquid; a high individual share means retail investors hold most of the company. Percentages are of voting units.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 日本マスタートラスト信託銀行株式会社(信託口) | 47,025,000 | 14.42% |
| 2 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 19,941,000 | 6.11% |
| 3 | 光通信株式会社 | 18,557,000 | 5.69% |
| 4 | 株式会社日本カストディ銀行(信託口) | 18,427,000 | 5.65% |
| 5 | NORTHERN TRUST CO. (AVFC) RE SILCHESTER INTERNATIONAL INVESTORS INTERNATIONAL VALUE EQUITY TRUST(常任代理人 香港上海銀行東京支店) | 13,191,000 | 4.04% |
| 6 | 大東建託協力会持株会 | 8,183,000 | 2.51% |
| 7 | 大東建託従業員持株会 | 8,013,000 | 2.46% |
| 8 | NORTHERN TRUST CO.(AVFC) RE U.S. TAX EXEMPTED PENSION FUNDS(常任代理人 香港上海銀行東京支店) | 7,758,000 | 2.38% |
| 9 | JPモルガン証券株式会社 | 6,906,000 | 2.12% |
| 10 | NORTHERN TRUST CO.(AVFC) RE NON TREATY CLIENTS ACCOUNT(常任代理人 香港上海銀行東京支店) | 6,379,000 | 1.96% |
Trust banks such as Master Trust and Custody Bank appear at the top of most Japanese registers: they hold shares on behalf of many underlying funds rather than owning them outright.