As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 31.59% |
|---|---|
| Individuals | 19.73% |
| Top 10 holders | 49.32% |
| Total shareholders | 50,718 |
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 | 31.59% | 269 |
| Financial institutions | 28.39% | 58 |
| Individuals & others | 19.73% | 49,817 |
| Other corporations | 16.61% | 489 |
| Securities firms | 3.68% | 40 |
| Foreign individuals | 0.01% | 45 |
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 | 株式会社昌栄 | 12,694,386 | 13.37% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 10,777,600 | 11.35% |
| 3 | OASIS JAPAN STRATEGIC FUND LTD.(常任代理人 シティバンク、エヌ・エイ東京支店) | 5,792,408 | 6.10% |
| 4 | 株式会社日本カストディ銀行(信託口) | 3,325,000 | 3.50% |
| 5 | 第一生命保険株式会社(常任代理人 株式会社日本カストディ銀行) | 3,033,309 | 3.19% |
| 6 | OASIS INVESTMENTS II MASTER FUND LTD.(常任代理人 シティバンク、エヌ・エイ東京支店) | 2,783,918 | 2.93% |
| 7 | OASIS JAPAN STRATEGIC FUND Y LTD.(常任代理人 シティバンク、エヌ・エイ東京支店) | 2,442,916 | 2.57% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行) | 2,069,706 | 2.18% |
| 9 | あいおいニッセイ同和損害保険株式会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 2,020,859 | 2.13% |
| 10 | 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) | 1,900,075 | 2.00% |
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.