As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 22.57% |
|---|---|
| Individuals | 61.86% |
| Top 10 holders | 43.19% |
| Total shareholders | 2,077 |
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 | 61.86% | 1,977 |
| Foreign institutions | 22.57% | 48 |
| Other corporations | 8.65% | 25 |
| Financial institutions | 5.48% | 6 |
| Securities firms | 1.42% | 16 |
| Foreign individuals | 0.01% | 5 |
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 | US BANK NATIONAL ASSOCIATION JPACCTS TS(常任代理人 株式会社三菱UFJ銀行) | 865,000 | 10.69% |
| 2 | 光通信KK投資事業有限責任組合 | 516,000 | 6.38% |
| 3 | 株式会社北斗 | 430,000 | 5.31% |
| 4 | NCD社員持株会 | 402,000 | 4.97% |
| 5 | 下 條 治 | 287,000 | 3.54% |
| 6 | 小 黒 節 子 | 280,000 | 3.46% |
| 7 | NORTHERN TRUST CO.(AVFC) RE NON TREATY CLIENTS ACCOUNT(常任代理人 香港上海銀行) | 195,000 | 2.41% |
| 8 | STICHTING DEPOSITARY ASCENDER GLOBAL VALUE FUND(常任代理人 株式会社みずほ銀行) | 182,000 | 2.25% |
| 9 | 山 田 正 勝 | 172,000 | 2.12% |
| 10 | 株式会社日本カストディ銀行(信託口) | 167,000 | 2.06% |
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.