MAX CO.,LTD.

6454 TSE Industrials Machinery
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2026-03-31.

Foreign institutions16.50%
Individuals31.07%
Top 10 holders61.40%
Total shareholders5,781

Who owns the company

Share of voting units
Financial institutions: 42.1%Individuals & others: 31.07%Foreign institutions: 16.5%Other corporations: 9.41%Securities firms: 0.91%Foreign individuals: 0.01%42.1%Financial institutions
Financial institutions 42.1%Individuals & others 31.07%Foreign institutions 16.5%Other corporations 9.41%Securities firms 0.91%Foreign individuals 0.01%

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.

Ownership Trend

Holding %, recent years
01020304050FY23FY24FY25FY26FY2023 — Foreign institutions: 14 %FY2024 — Foreign institutions: 12 %FY2025 — Foreign institutions: 14 %FY2026 — Foreign institutions: 17 %FY2023 — Financial institutions: 46 %FY2024 — Financial institutions: 47 %FY2025 — Financial institutions: 45 %FY2026 — Financial institutions: 42 %FY2023 — Individuals: 29 %FY2024 — Individuals: 30 %FY2025 — Individuals: 30 %FY2026 — Individuals: 31 %FY2023 — Other corporations: 10 %FY2024 — Other corporations: 9 %FY2025 — Other corporations: 10 %FY2026 — Other corporations: 9 %FY2023 — Securities firms: 1 %FY2024 — Securities firms: 1 %FY2025 — Securities firms: 2 %FY2026 — Securities firms: 1 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Financial institutions42.10%20
Individuals & others31.07%5,270
Foreign institutions16.50%175
Other corporations9.41%281
Securities firms0.91%23
Foreign individuals0.01%12

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.

Largest shareholders

S.No.ShareholderSharesStake %
1日本マスタートラスト信託銀行株式会社(信託口)3,890,0008.65%
2第一生命保険株式会社3,856,0008.58%
3日本生命保険相互会社3,762,0008.37%
4マックス共栄会第一持株会3,621,0008.06%
5マックス共栄会第二持株会3,247,0007.22%
6STATE STREET BA N K A N D T R U S T COMPANY 505010(常任代理人 株式会社みずほ銀行決済営業部)2,600,0005.78%
7株式会社日本カストディ銀行(信託口)1,951,0004.34%
8株式会社みずほ銀行1,834,0004.08%
9株式会社群馬銀行1,714,0003.81%
10マックス従業員持株会1,129,0002.51%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.