As reported in the annual securities report, 2025-11-30.
| Foreign institutions | 13.27% |
|---|---|
| Individuals | 26.19% |
| Top 10 holders | 46.53% |
| Total shareholders | 126,888 |
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 | 30.52% | 55 |
| Other corporations | 29.18% | 400 |
| Individuals & others | 26.19% | 125,972 |
| Foreign institutions | 13.27% | 277 |
| Securities firms | 0.82% | 24 |
| Foreign individuals | 0.02% | 160 |
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) | 16,893,000 | 12.14% |
| 2 | 株式会社中島董商店 | 11,452,000 | 8.23% |
| 3 | 株式会社董花 | 11,122,000 | 7.99% |
| 4 | 株式会社日本カストディ銀行(信託口) | 8,236,000 | 5.92% |
| 5 | 一般財団法人旗影会 | 4,251,000 | 3.06% |
| 6 | 第一生命保険株式会社 (常任代理人 株式会社日本カストディ銀行) | 3,074,000 | 2.21% |
| 7 | 日本生命保険相互会社 (常任代理人 日本マスタートラスト信託銀行株式会社) | 3,049,000 | 2.19% |
| 8 | 公益財団法人中董奨学会 | 2,494,000 | 1.79% |
| 9 | キユーピー持株会 | 2,129,000 | 1.53% |
| 10 | 株式会社ティーアンドエー | 2,049,000 | 1.47% |
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.