As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 2.38% |
|---|---|
| Individuals | 50.44% |
| Top 10 holders | 46.99% |
| Total shareholders | 15,309 |
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 | 50.44% | 15,105 |
| Other corporations | 30.21% | 101 |
| Financial institutions | 14.41% | 13 |
| Securities firms | 2.53% | 23 |
| Foreign institutions | 2.38% | 43 |
| Foreign individuals | 0.02% | 24 |
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 | 光通信KK投資事業有限責任組合 | 661,700 | 6.56% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 656,700 | 6.51% |
| 3 | 伊藤忠ケミカルフロンティア株式会社 | 539,000 | 5.34% |
| 4 | 大塚化学株式会社 | 516,000 | 5.12% |
| 5 | 株式会社りそな銀行 | 464,000 | 4.60% |
| 6 | 丸善薬品産業株式会社 | 464,000 | 4.60% |
| 7 | 株式会社グローカルジャパン | 464,000 | 4.60% |
| 8 | OATアグリオ社員持株会 | 383,250 | 3.80% |
| 9 | 株式会社エス・ディー・エスバイオテック | 308,400 | 3.06% |
| 10 | ハイケム株式会社 | 282,800 | 2.80% |
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.