As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 28.65% |
|---|---|
| Individuals | 23.88% |
| Top 10 holders | 40.49% |
| Total shareholders | 4,708 |
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 |
|---|---|---|
| Foreign institutions | 28.65% | 120 |
| Individuals & others | 23.88% | 4,302 |
| Financial institutions | 23.82% | 25 |
| Other corporations | 22.45% | 225 |
| Securities firms | 1.19% | 29 |
| Government | 0.01% | 1 |
| Foreign individuals | 0.01% | 6 |
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(投資信託口) | 1,910,000 | 6.36% |
| 2 | 日本マスタートラスト信託銀行株式会社(その他信託口) | 1,719,000 | 5.72% |
| 3 | 積水化学工業株式会社 | 1,533,000 | 5.10% |
| 4 | NIPPON ACTIVE VALUE FUND PLC(常任代理人 香港上海銀行東京支店) | 1,500,000 | 4.99% |
| 5 | 株式会社日本カストディ銀行(投資信託口) | 1,316,000 | 4.38% |
| 6 | 積水ハウス株式会社 | 991,000 | 3.30% |
| 7 | 第一生命保険株式会社 | 822,000 | 2.74% |
| 8 | 積水化成品工業株式会社 | 816,000 | 2.72% |
| 9 | STATE STREET BANK AND TRUST COMPANY505001(常任代理人 株式会社みずほ銀行) | 783,000 | 2.61% |
| 10 | 樹栄会持株会 | 771,000 | 2.57% |
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.