As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.10% |
|---|---|
| Individuals | 65.79% |
| Top 10 holders | 39.13% |
| Total shareholders | 5,159 |
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 | 65.79% | 5,024 |
| Other corporations | 20.92% | 65 |
| Financial institutions | 10.00% | 7 |
| Securities firms | 2.15% | 23 |
| Foreign institutions | 1.10% | 27 |
| Foreign individuals | 0.04% | 13 |
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 | 茂森 潔 | 762,000 | 7.50% |
| 2 | 株式会社麻生 | 687,000 | 6.77% |
| 3 | 株式会社日本カストディ銀行(信託E口) | 454,000 | 4.47% |
| 4 | 茂森 拓 | 411,000 | 4.05% |
| 5 | 伊藤忠丸紅住商テクノスチール株式会社 | 400,000 | 3.94% |
| 6 | UBE三菱セメント株式会社 | 370,000 | 3.64% |
| 7 | 株式会社南日本銀行 | 240,000 | 2.36% |
| 8 | 江田 幸雄 | 231,000 | 2.27% |
| 9 | 共和コンクリート工業株式会社 | 220,000 | 2.16% |
| 10 | 株式会社ナルックス | 200,000 | 1.97% |
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.