As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 0.93% |
|---|---|
| Individuals | 46.36% |
| Top 10 holders | 35.50% |
| Total shareholders | 17,539 |
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 |
|---|---|---|
| Individuals & others | 46.36% | 17,268 |
| Other corporations | 32.81% | 185 |
| Financial institutions | 19.29% | 15 |
| Foreign institutions | 0.93% | 30 |
| Securities firms | 0.57% | 15 |
| Foreign individuals | 0.05% | 26 |
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) | 794,000 | 6.22% |
| 2 | 興和株式会社 | 720,000 | 5.64% |
| 3 | ブルドック持株会 | 569,000 | 4.46% |
| 4 | 佐藤食品工業株式会社 | 467,000 | 3.66% |
| 5 | 日本生命保険相互会社 | 441,000 | 3.46% |
| 6 | 養命酒製造株式会社 | 372,000 | 2.92% |
| 7 | 株式会社福岡銀行 | 372,000 | 2.92% |
| 8 | ウェルネオシュガー株式会社 | 293,000 | 2.30% |
| 9 | 株式会社あいち銀行 | 260,000 | 2.04% |
| 10 | 株式会社テクノ菱和 | 240,000 | 1.88% |
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.