As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 10.29% |
|---|---|
| Individuals | 13.67% |
| Top 10 holders | 81.59% |
| Total shareholders | 8,009 |
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 | 58.06% | 112 |
| Financial institutions | 15.50% | 9 |
| Individuals & others | 13.67% | 7,772 |
| Foreign institutions | 10.29% | 46 |
| Securities firms | 2.37% | 37 |
| Foreign individuals | 0.10% | 33 |
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 | 北里商事株式会社 | 22,300,000 | 55.75% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 2,749,000 | 6.87% |
| 3 | 株式会社日本カストディ銀行(信託口) | 2,043,200 | 5.11% |
| 4 | 野村信託銀行株式会社(投信口) | 1,267,300 | 3.17% |
| 5 | 井上 太綬(当社代表取締役社長) | 1,200,000 | 3.00% |
| 6 | GOVERNMENT OF NORWAY(常任代理人 シティバンク、エヌ・エイ東京支店) | 1,150,000 | 2.88% |
| 7 | HSBC BANK PLC A/C M AND G(ACS) VALUE PARTNERS CHINA EQUITY FUND(常任代理人 香港上海銀行東京支店) | 560,128 | 1.40% |
| 8 | BBH FOR BBHTSIL NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN JAPAN EQUITY ENGAGEMENT FUND(常任代理人 株式会社三菱UFJ銀行) | 510,000 | 1.28% |
| 9 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 447,611 | 1.12% |
| 10 | STATE STREET BANK AND TRUST COMPANY 505025(常任代理人 株式会社みずほ銀行決済営業部) | 402,057 | 1.01% |
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.