As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 19.66% |
|---|---|
| Individuals | 26.05% |
| Top 10 holders | 55.72% |
| Total shareholders | 12,879 |
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 |
|---|---|---|
| Other corporations | 30.22% | 183 |
| Individuals & others | 26.05% | 12,393 |
| Financial institutions | 22.43% | 36 |
| Foreign institutions | 19.66% | 205 |
| Securities firms | 1.62% | 26 |
| Foreign individuals | 0.02% | 36 |
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㈱ | 10,446,000 | 22.03% |
| 2 | 日本マスタートラスト信託銀行㈱(信託口) | 5,966,000 | 12.58% |
| 3 | ㈱日本カストディ銀行(信託口) | 3,008,000 | 6.34% |
| 4 | ㈱日本触媒 | 1,661,000 | 3.50% |
| 5 | artienceグループ社員持株会 | 1,333,000 | 2.81% |
| 6 | artienceグループ取引先持株会 | 979,000 | 2.06% |
| 7 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 ㈱みずほ銀行決済営業部) | 962,000 | 2.03% |
| 8 | THE BANK OF NEW YORK, TREATY JASDEC ACCOUNT(常任代理人㈱三菱UFJ銀行) | 815,000 | 1.72% |
| 9 | STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 ㈱みずほ銀行決済営業部) | 727,000 | 1.53% |
| 10 | BNYMSANV RE BNYMIL RE WS MORANT WRIGHT NIPPON YIELD FUND(常任代理人㈱三菱UFJ銀行) | 530,000 | 1.12% |
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.