As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 7.66% |
|---|---|
| Individuals | 36.41% |
| Top 10 holders | 46.91% |
| Total shareholders | 4,659 |
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 | 36.41% | 4,441 |
| Financial institutions | 29.07% | 18 |
| Other corporations | 26.17% | 114 |
| Foreign institutions | 7.66% | 52 |
| Securities firms | 0.65% | 24 |
| Foreign individuals | 0.02% | 9 |
| Government | 0.00% | 1 |
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株式会社(信託口) | 2,745,000 | 7.19% |
| 2 | 光通信KK投資事業有限責任組合 | 2,317,000 | 6.07% |
| 3 | 森 明信 | 2,209,000 | 5.78% |
| 4 | 大同生命保険株式会社(常任代理人 株式会社日本カストディ銀行) | 2,200,000 | 5.76% |
| 5 | INTERACTIVE BROKERS LCC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 1,969,000 | 5.16% |
| 6 | 株式会社三菱UFJ銀行 | 1,393,000 | 3.65% |
| 7 | 株式会社りそな銀行 | 1,342,000 | 3.51% |
| 8 | 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 1,338,000 | 3.50% |
| 9 | 公益財団法人森教育振興会 | 1,235,000 | 3.24% |
| 10 | 阪和興業株式会社 | 1,166,000 | 3.05% |
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.