As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 6.25% |
|---|---|
| Individuals | 22.33% |
| Top 10 holders | 47.70% |
| Total shareholders | 7,434 |
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 |
|---|---|---|
| Other corporations | 43.56% | 109 |
| Financial institutions | 26.07% | 12 |
| Individuals & others | 22.33% | 7,195 |
| Foreign institutions | 6.25% | 77 |
| Securities firms | 1.58% | 18 |
| Foreign individuals | 0.21% | 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 | 大同特殊鋼株式会社 | 5,225,000 | 11.75% |
| 2 | 株式会社みずほ銀行 | 2,216,000 | 4.98% |
| 3 | 株式会社十六銀行 | 2,166,000 | 4.87% |
| 4 | 株式会社大垣共立銀行 | 2,164,000 | 4.87% |
| 5 | 株式会社あいち銀行 | 1,939,000 | 4.36% |
| 6 | JFEスチール株式会社 | 1,865,000 | 4.19% |
| 7 | 岡谷鋼機株式会社 | 1,834,000 | 4.12% |
| 8 | 中部鋼鈑株式会社 | 1,362,000 | 3.06% |
| 9 | 株式会社日本製鋼所 | 1,350,000 | 3.03% |
| 10 | 株式会社山口銀行 | 1,099,000 | 2.47% |
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.