As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 11.54% |
|---|---|
| Individuals | 43.61% |
| Top 10 holders | 38.87% |
| Total shareholders | 18,572 |
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 | 43.61% | 18,171 |
| Financial institutions | 27.60% | 21 |
| Other corporations | 12.96% | 175 |
| Foreign institutions | 11.54% | 118 |
| Securities firms | 4.20% | 30 |
| Foreign individuals | 0.08% | 57 |
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) | 3,089,400 | 9.99% |
| 2 | SMC株式会社 | 1,500,000 | 4.85% |
| 3 | 株式会社日本カストディ銀行(信託口) | 1,373,000 | 4.44% |
| 4 | 株式会社肥後銀行 | 1,368,000 | 4.43% |
| 5 | みずほ信託銀行株式会社(信託口)0700096 | 1,200,000 | 3.88% |
| 6 | 平田雄一郎 | 875,200 | 2.83% |
| 7 | ニッコンホールディングス株式会社 | 817,200 | 2.64% |
| 8 | 平田機工社員持株会 | 646,730 | 2.09% |
| 9 | 山洋電気株式会社 | 578,700 | 1.87% |
| 10 | JPモルガン証券株式会社 | 571,392 | 1.85% |
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.