As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 17.70% |
|---|---|
| Individuals | 45.50% |
| Top 10 holders | 59.65% |
| Total shareholders | 12,142 |
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 | 45.50% | 11,751 |
| Financial institutions | 19.57% | 29 |
| Foreign institutions | 17.70% | 201 |
| Other corporations | 16.33% | 86 |
| Securities firms | 0.88% | 35 |
| Foreign individuals | 0.01% | 40 |
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 | 葉田 順治 | 16,735,000 | 20.78% |
| 2 | 有限会社サンズ | 12,600,000 | 15.64% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 7,499,600 | 9.31% |
| 4 | 株式会社日本カストディ銀行(信託口) | 3,024,000 | 3.75% |
| 5 | 株式会社三菱UFJ銀行 | 1,872,000 | 2.32% |
| 6 | 公益財団法人葉田財団 | 1,800,000 | 2.23% |
| 7 | エレコム社員持株会 | 1,281,600 | 1.59% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 1,174,470 | 1.46% |
| 9 | STATE STREET BANK AND TRUST COMPANY 505019(常任代理人 株式会社みずほ銀行決済営業部) | 1,059,960 | 1.32% |
| 10 | 株式会社三井住友銀行 | 1,008,000 | 1.25% |
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.