As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 17.92% |
|---|---|
| Individuals | 25.39% |
| Top 10 holders | 51.95% |
| Total shareholders | 9,872 |
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 | 39.98% | 130 |
| Individuals & others | 25.39% | 9,366 |
| Foreign institutions | 17.92% | 273 |
| Financial institutions | 16.03% | 21 |
| Securities firms | 0.63% | 30 |
| Foreign individuals | 0.04% | 52 |
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 | 公益財団法人博報堂教育財団 | 71,005,350 | 19.77% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 29,864,600 | 8.31% |
| 3 | 一般社団法人博政会 | 18,080,000 | 5.03% |
| 4 | 株式会社朝日新聞社 | 11,223,490 | 3.12% |
| 5 | 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) | 11,064,118 | 3.08% |
| 6 | 一般社団法人フラタニテ | 11,000,000 | 3.06% |
| 7 | 株式会社日本カストディ銀行(信託口) | 10,436,600 | 2.90% |
| 8 | 日本テレビ放送網株式会社 | 8,620,000 | 2.40% |
| 9 | 博報堂DYホールディングス社員持株会 | 8,203,917 | 2.28% |
| 10 | 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セキュリティーズ・サービシズ・オペレーションズ) | 7,214,700 | 2.00% |
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.