As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 18.73% |
|---|---|
| Individuals | 18.19% |
| Top 10 holders | 67.59% |
| Total shareholders | 31,952 |
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.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Other corporations | 50.51% | 926 |
| Foreign institutions | 18.73% | 145 |
| Individuals & others | 18.19% | 30,700 |
| Financial institutions | 9.19% | 15 |
| Securities firms | 3.32% | 55 |
| Foreign individuals | 0.06% | 111 |
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 | TOPPANホールディングス株式会社 | 46,237,901 | 46.55% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 6,873,000 | 6.91% |
| 3 | QATAR HOLDING LLC(常任代理人 株式会社みずほ銀行決済営業部) | 4,600,641 | 4.63% |
| 4 | CEPLUX-THE INDEPENDENT UCITS PLATFORM 2(常任代理人 シティバンク、エヌ・エイ東京支店) | 2,232,600 | 2.24% |
| 5 | 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) | 1,436,700 | 1.44% |
| 6 | 株式会社カストディ銀行(信託口) | 1,385,200 | 1.39% |
| 7 | NORTHERN TRUST CO.(AVFC) RE UKUC UCITS CLIENTS NON LENDING 10PCT TREATY ACCOUNT(常任代理人 香港上海銀行東京支店) | 1,322,200 | 1.33% |
| 8 | 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) | 1,131,704 | 1.13% |
| 9 | 三木 正浩 | 1,116,300 | 1.12% |
| 10 | インテグラル株式会社 | 849,633 | 0.85% |
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.