As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 24.69% |
|---|---|
| Individuals | 31.44% |
| Top 10 holders | 67.16% |
| Total shareholders | 832 |
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 |
|---|---|---|
| Individuals & others | 31.44% | 603 |
| Other corporations | 31.20% | 103 |
| Foreign institutions | 24.69% | 101 |
| Financial institutions | 12.53% | 12 |
| Securities firms | 0.14% | 12 |
| Foreign individuals | 0.00% | 1 |
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 | 四国興産有限会社 | 4,301,000 | 31.88% |
| 2 | MSCOカスタマーセキュリティーズ(常任代理人 モルガン・スタンレーMUFG証券㈱) | 778,000 | 5.77% |
| 3 | ノーザントラストカンパニーエイブイエフシーリフィデリティファンズ(常任代理人 香港上海銀行) | 732,000 | 5.43% |
| 4 | ザ チェース マンハッタン バンク エヌエイ ロンドンエスイーシーエス レンディング オムニバス アカウント(常任代理人 ㈱みずほ銀行) | 580,000 | 4.31% |
| 5 | 株式会社日本カストディ銀行 | 555,000 | 4.12% |
| 6 | 藤井 實 | 467,000 | 3.47% |
| 7 | ジェーピーモルガンチェースバンク380055(常任代理人 ㈱みずほ銀行) | 444,000 | 3.29% |
| 8 | 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㈱) | 413,000 | 3.07% |
| 9 | 藤井 訓広 | 393,000 | 2.91% |
| 10 | 藤井 実広 | 392,000 | 2.91% |
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.