As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.52% |
|---|---|
| Individuals | 30.63% |
| Top 10 holders | 83.02% |
| Total shareholders | 685 |
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 | 59.45% | 29 |
| Individuals & others | 30.63% | 616 |
| Financial institutions | 7.37% | 5 |
| Foreign institutions | 1.52% | 18 |
| Securities firms | 1.03% | 15 |
| Foreign individuals | 0.00% | 2 |
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 | 2,549,000 | 34.32% |
| 2 | 岡谷鋼機株式会社 | 752,000 | 10.12% |
| 3 | 東京窯業株式会社 | 631,000 | 8.50% |
| 4 | 光通信KK投資事業有限責任組合 | 488,000 | 6.57% |
| 5 | UH Partners 3投資事業有限責任組合 | 476,000 | 6.42% |
| 6 | UH Partners 2投資事業有限責任組合 | 474,000 | 6.39% |
| 7 | 株式会社七十七銀行(常任代理人 株式会社日本カストディ銀行) | 300,000 | 4.05% |
| 8 | 三井住友信託銀行株式会社(常任代理人 株式会社日本カストディ銀行) | 200,000 | 2.69% |
| 9 | 芝本産業株式会社 | 173,000 | 2.34% |
| 10 | エスアイエル投資事業有限責任組合 | 120,000 | 1.62% |
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.