As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 26.54% |
|---|---|
| Individuals | 22.57% |
| Top 10 holders | 44.04% |
| Total shareholders | 11,723 |
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 | 34.28% | 38 |
| Foreign institutions | 26.54% | 239 |
| Individuals & others | 22.57% | 11,082 |
| Other corporations | 14.27% | 319 |
| Securities firms | 2.35% | 35 |
| Foreign individuals | 0.00% | 10 |
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) | 10,351,000 | 16.34% |
| 2 | 株式会社日本カストディ銀行(信託口) | 5,721,000 | 9.03% |
| 3 | アイカ工業取引先持株会 | 2,519,000 | 3.97% |
| 4 | アイカ工業株式保有会 | 1,650,000 | 2.60% |
| 5 | 株式会社日本カストディ銀行(信託口4) | 1,571,000 | 2.48% |
| 6 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 1,554,000 | 2.45% |
| 7 | 住友生命保険相互会社(常任代理人 株式会社日本カストディ銀行) | 1,318,000 | 2.08% |
| 8 | 大日本印刷株式会社 | 1,293,000 | 2.04% |
| 9 | SG/UCITS V/INV(常任代理人 香港上海銀行東京支店) | 1,170,000 | 1.84% |
| 10 | JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部) | 770,000 | 1.21% |
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.