As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 25.51% |
|---|---|
| Individuals | 20.65% |
| Top 10 holders | 52.41% |
| Total shareholders | 26,566 |
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 |
|---|---|---|
| Financial institutions | 44.69% | 69 |
| Foreign institutions | 25.51% | 225 |
| Individuals & others | 20.65% | 25,917 |
| Other corporations | 8.34% | 268 |
| Securities firms | 0.67% | 25 |
| Foreign individuals | 0.07% | 33 |
| Government | 0.06% | 29 |
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 | 全国農業協同組合連合会 | 9,237,000 | 15.20% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口)(注)1 | 7,854,000 | 12.92% |
| 3 | 農林中央金庫 | 4,526,000 | 7.44% |
| 4 | 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) | 2,750,000 | 4.52% |
| 5 | 株式会社日本カストディ銀行(信託口)(注)1 | 2,254,000 | 3.70% |
| 6 | 雪印メグミルク従業員持株会 | 1,331,000 | 2.19% |
| 7 | ホクレン農業協同組合連合会 | 1,074,000 | 1.76% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行決済営業部) | 1,013,000 | 1.66% |
| 9 | 全国酪農業協同組合連合会 | 1,008,000 | 1.65% |
| 10 | 株式会社日本アクセス | 838,000 | 1.37% |
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.