As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 4.34% |
|---|---|
| Individuals | 30.93% |
| Top 10 holders | 69.17% |
| Total shareholders | 4,945 |
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 |
|---|---|---|
| Other corporations | 51.57% | 105 |
| Individuals & others | 30.93% | 4,725 |
| Financial institutions | 11.34% | 16 |
| Foreign institutions | 4.34% | 65 |
| Securities firms | 1.82% | 30 |
| Foreign individuals | 0.00% | 4 |
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 | 北陸電力株式会社 | 14,025,310 | 49.38% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,405,900 | 4.95% |
| 3 | 光通信KK投資事業有限責任組合 | 1,036,700 | 3.65% |
| 4 | 北陸電気工事従業員持株会 | 914,432 | 3.22% |
| 5 | 株式会社日本カストディ銀行(信託E口) | 901,700 | 3.17% |
| 6 | 株式会社日本カストディ銀行(信託口) | 360,900 | 1.27% |
| 7 | 光通信株式会社 | 299,580 | 1.05% |
| 8 | 株式会社北陸電機商会 | 260,000 | 0.92% |
| 9 | 三井住友信託銀行株式会社 | 242,400 | 0.85% |
| 10 | 日本生命保険相互会社 | 201,841 | 0.71% |
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.