As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 17.62% |
|---|---|
| Individuals | 49.13% |
| Top 10 holders | 49.80% |
| Total shareholders | 3,696 |
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 | 49.13% | 3,538 |
| Foreign institutions | 17.62% | 51 |
| Other corporations | 16.13% | 50 |
| Financial institutions | 15.63% | 10 |
| Securities firms | 1.45% | 27 |
| Foreign individuals | 0.04% | 20 |
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 | PERSHING-DIV. OF DLJ SECS. CORP.(常任代理人 シティバンク、エヌ・エイ東京支店) | 1,408,500 | 13.17% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 941,400 | 8.80% |
| 3 | 藤阪 知之 | 483,460 | 4.52% |
| 4 | 株式会社中国銀行 | 472,190 | 4.41% |
| 5 | アルス株式会社 | 452,000 | 4.22% |
| 6 | 吉備興業株式会社 | 397,730 | 3.72% |
| 7 | 尾崎 貴紀 | 321,500 | 3.00% |
| 8 | 芝宮 孝司 | 299,200 | 2.80% |
| 9 | 株式会社日本カストディ銀行(信託口) | 293,530 | 2.74% |
| 10 | JAPAN ABSOLUTE VALUE FUND(常任代理人 立花証券株式会社) | 259,300 | 2.42% |
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.