As reported in the annual securities report, 2025-10-31.
| Foreign institutions | 7.06% |
|---|---|
| Individuals | 38.81% |
| Top 10 holders | 46.95% |
| Total shareholders | 52,394 |
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 |
|---|---|---|
| Financial institutions | 43.74% | 35 |
| Individuals & others | 38.81% | 51,753 |
| Other corporations | 8.90% | 298 |
| Foreign institutions | 7.06% | 154 |
| Securities firms | 1.47% | 34 |
| Foreign individuals | 0.03% | 120 |
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 | 全国農業協同組合連合会 | 26,527,000 | 22.02% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 9,105,000 | 7.56% |
| 3 | 農林中央金庫 | 4,480,000 | 3.72% |
| 4 | 共栄火災海上保険株式会社 | 4,480,000 | 3.72% |
| 5 | 静岡県経済農業協同組合連合会 | 2,770,000 | 2.30% |
| 6 | 株式会社日本カストディ銀行(信託口) | 2,173,000 | 1.80% |
| 7 | 日本曹達株式会社 | 1,928,000 | 1.60% |
| 8 | クミアイ化学工業従業員持株会 | 1,859,000 | 1.54% |
| 9 | 第一生命保険株式会社 | 1,660,000 | 1.37% |
| 10 | 日本生命保険相互会社 | 1,597,000 | 1.32% |
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.