As reported in the annual securities report, 2026-02-20.
| Foreign institutions | 37.78% |
|---|---|
| Individuals | 27.83% |
| Top 10 holders | 71.54% |
| Total shareholders | 13,173 |
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 |
|---|---|---|
| Foreign institutions | 37.78% | 45 |
| Individuals & others | 27.83% | 12,953 |
| Other corporations | 25.83% | 126 |
| Financial institutions | 8.06% | 9 |
| Securities firms | 0.47% | 19 |
| Foreign individuals | 0.03% | 21 |
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 | THE SFP VALUE REALIZATION MASTER FUND LIMITED(常任代理人)立花証券株式会社 | 7,191,000 | 27.16% |
| 2 | 株式会社みちかけ | 3,000,000 | 11.33% |
| 3 | JP MORGAN CHASE BANK(常任代理人)株式会社みずほ銀行決済営業部 | 2,005,000 | 7.58% |
| 4 | 和田 明男 | 1,530,000 | 5.78% |
| 5 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,519,000 | 5.74% |
| 6 | ユニ・チャーム株式会社 | 980,000 | 3.70% |
| 7 | BNYM AS AGT/CLTS 10 PERCENT(常任代理人)株式会社三菱UFJ銀行 | 846,000 | 3.20% |
| 8 | RBC IST 15 PCT LENDING ACCOUNT-CLIENT ACCOUNT(常任代理人)シティバンク、エヌ・エイ東京支店 | 649,000 | 2.45% |
| 9 | 白十字株式会社 | 615,000 | 2.33% |
| 10 | 株式会社和田ホールディングス | 600,000 | 2.27% |
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.