As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 23.98% |
|---|---|
| Individuals | 4.01% |
| Top 10 holders | 77.55% |
| Total shareholders | 20,152 |
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 | 51.56% | 106 |
| Foreign institutions | 23.98% | 677 |
| Financial institutions | 17.40% | 26 |
| Individuals & others | 4.01% | 19,097 |
| Securities firms | 3.04% | 41 |
| Foreign individuals | 0.02% | 205 |
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 | Zホールディングス中間株式会社 | 458,858,700 | 51.89% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 106,874,600 | 12.09% |
| 3 | 株式会社日本カストディ銀行(信託口) | 41,589,700 | 4.70% |
| 4 | STATE STREET BANKAND TRUST COMPANY505001 (常任代理人)株式会社みずほ銀行決済営業部 | 16,208,067 | 1.83% |
| 5 | JPモルガン証券株式会社 | 15,575,787 | 1.76% |
| 6 | STATE STREET BANK AND TRUST COMPANY 505103 (常任代理人)株式会社みずほ銀行決済営業部 | 12,548,669 | 1.42% |
| 7 | 前澤 友作 | 11,910,441 | 1.35% |
| 8 | THE CHASE MANHATTAN BANK ,N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (常任代理人)株式会社みずほ銀行決済営業部 | 8,211,008 | 0.93% |
| 9 | BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE (常任代理人)株式会社三菱UFJ銀行 | 7,067,858 | 0.80% |
| 10 | RBC IST 15 PCT NON LENDING ACCOUNT - CLIENT ACCOUNT (常任代理人)シティバンク、エヌ・エイ東京支店 | 6,904,047 | 0.78% |
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.