As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.04% |
|---|---|
| Individuals | 26.95% |
| Top 10 holders | 49.94% |
| Total shareholders | 13,255 |
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 | 61.26% | 118 |
| Individuals & others | 26.95% | 13,062 |
| Financial institutions | 9.38% | 8 |
| Securities firms | 1.35% | 22 |
| Foreign institutions | 1.04% | 22 |
| Foreign individuals | 0.03% | 22 |
| Government | 0.00% | 1 |
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 | サンリン株式会社 | 6,369,426 | 9.23% |
| 2 | 高沢産業株式会社 | 5,095,540 | 7.38% |
| 3 | キッセイ薬品工業株式会社 | 4,000,000 | 5.80% |
| 4 | 鈴与株式会社 | 3,184,710 | 4.61% |
| 5 | ホクト株式会社 | 3,052,800 | 4.42% |
| 6 | 株式会社八十二長野銀行 | 2,951,814 | 4.28% |
| 7 | 八十二キャピタル株式会社 | 2,950,000 | 4.27% |
| 8 | 昭和商事株式会社 | 2,928,000 | 4.24% |
| 9 | 株式会社日本アクセス | 2,000,000 | 2.90% |
| 10 | 株式会社高見澤 | 1,940,000 | 2.81% |
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.