As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 23.08% |
|---|---|
| Individuals | 36.49% |
| Top 10 holders | 35.59% |
| Total shareholders | 33,655 |
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 | 36.49% | 33,062 |
| Other corporations | 23.15% | 258 |
| Foreign institutions | 23.08% | 169 |
| Financial institutions | 15.13% | 16 |
| Securities firms | 2.06% | 21 |
| Foreign individuals | 0.09% | 129 |
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 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,070,000 | 9.66% |
| 2 | 鴻池資産管理株式会社 | 2,782,000 | 8.75% |
| 3 | 株式会社コーセー | 1,328,000 | 4.18% |
| 4 | ミルボン従業員持株会 | 735,000 | 2.31% |
| 5 | 株式会社日本カストディ銀行(信託口) | 695,000 | 2.19% |
| 6 | RBC IST 15 PCT NON LENDING ACCOUNT-CLIENT ACCOUNT(常任代理人 シティバンク、エヌ・エイ東京支店) | 653,000 | 2.06% |
| 7 | STATE STREET BANK AND TRUST COMPANY(常任代理人 株式会社みずほ銀行決済営業部) | 602,000 | 1.89% |
| 8 | 村井 佳比子 | 483,000 | 1.52% |
| 9 | 北嶋 舞子 | 482,000 | 1.52% |
| 10 | 大阪佐々木化学株式会社 | 480,000 | 1.51% |
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.