As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 6.96% |
|---|---|
| Individuals | 51.90% |
| Top 10 holders | 45.47% |
| Total shareholders | 7,400 |
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 | 51.90% | 7,212 |
| Securities firms | 19.12% | 24 |
| Financial institutions | 11.14% | 13 |
| Other corporations | 10.81% | 50 |
| Foreign institutions | 6.96% | 70 |
| Foreign individuals | 0.06% | 31 |
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 | 立花証券株式会社 | 3,728,000 | 15.57% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,738,000 | 7.26% |
| 3 | 株式会社美馬 | 1,553,000 | 6.49% |
| 4 | 板 東 敬 三 | 741,000 | 3.10% |
| 5 | 吉 田 隆 子 | 709,000 | 2.97% |
| 6 | 美 馬 成 望 | 649,000 | 2.71% |
| 7 | 美 馬 正 道 | 478,000 | 2.00% |
| 8 | トリリオン投資事業有限責任組合 | 460,000 | 1.92% |
| 9 | SMBC日興証券株式会社 | 416,000 | 1.74% |
| 10 | NORTHERN TRUST CO.(AVFC)REU.S. TAX EXEMPTED PENSION FUNDSSEC LENDING (常任代理人 香港上海銀行東京支店)) | 408,000 | 1.71% |
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.