As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 19.98% |
|---|---|
| Individuals | 27.68% |
| Top 10 holders | 44.80% |
| Total shareholders | 4,830 |
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 | 31.39% | 31 |
| Individuals & others | 27.68% | 4,492 |
| Other corporations | 20.09% | 88 |
| Foreign institutions | 19.98% | 188 |
| Securities firms | 0.87% | 26 |
| Foreign individuals | 0.00% | 5 |
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) | 12,368,000 | 11.09% |
| 2 | 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) | 7,015,000 | 6.29% |
| 3 | 明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行) | 5,020,000 | 4.50% |
| 4 | 株式会社雄元 | 4,978,000 | 4.46% |
| 5 | 株式会社千葉銀行 | 4,765,000 | 4.27% |
| 6 | 公益財団法人里見奨学会 | 4,633,000 | 4.15% |
| 7 | 株式会社日本カストディ銀行(信託口) | 3,316,000 | 2.97% |
| 8 | STATE STREET BANK AND TRUST COMPANY(常任代理人 株式会社みずほ銀行) | 2,914,000 | 2.61% |
| 9 | みずほ信託銀行株式会社 退職給付信託 日本製鉄退職金口 再信託受託者 株式会社日本カストディ銀行 | 2,664,000 | 2.39% |
| 10 | 株式会社三井住友銀行 | 2,313,000 | 2.07% |
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.