As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 19.81% |
|---|---|
| Individuals | 27.92% |
| Top 10 holders | 42.24% |
| Total shareholders | 12,964 |
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 | 27.92% | 12,625 |
| Financial institutions | 27.70% | 16 |
| Other corporations | 20.50% | 186 |
| Foreign institutions | 19.81% | 87 |
| Securities firms | 4.03% | 27 |
| Foreign individuals | 0.05% | 23 |
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㈱(信託口) | 4,773,000 | 12.53% |
| 2 | 太平洋セメント㈱ | 2,507,000 | 6.58% |
| 3 | ㈱日本カストディ銀行(信託口) | 1,824,000 | 4.79% |
| 4 | アジアパイルホールディングスグループ取引先持株会 | 1,375,000 | 3.61% |
| 5 | ㈱三井住友銀行 | 1,269,000 | 3.33% |
| 6 | ㈱みずほ銀行(常任代理人㈱日本カストディ銀行) | 1,205,000 | 3.16% |
| 7 | MSIP CLIENT SECURITIES(常任代理人モルガン・スタンレーMUFG証券㈱) | 933,000 | 2.45% |
| 8 | BBH BOSTON FOR NOMURA JAPAN SMALLER CAPITALIZATION FUND 620065(常任代理人㈱みずほ銀行決済営業部) | 814,000 | 2.14% |
| 9 | 丸大産業㈱ | 753,000 | 1.98% |
| 10 | BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)(常任代理人㈱三菱UFJ銀行) | 634,000 | 1.67% |
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.