As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 32.24% |
|---|---|
| Individuals | 24.74% |
| Top 10 holders | 71.09% |
| Total shareholders | 2,111 |
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 |
|---|---|---|
| Other corporations | 40.62% | 48 |
| Foreign institutions | 32.24% | 15 |
| Individuals & others | 24.74% | 2,026 |
| Securities firms | 1.47% | 13 |
| Financial institutions | 0.92% | 2 |
| Foreign individuals | 0.02% | 7 |
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 HONGKONG AND SHANGHAI BANKING CORPORATION LTD – SINGAPORE BRANCH PRIVATE BANKING DIVISION CLIENTS A/C 8221-623793(常任代理人:香港上海銀行東京支店) | 1,541,000 | 27.22% |
| 2 | 西華産業株式会社 | 1,320,000 | 23.32% |
| 3 | 株式会社吉田ディベロプメント | 201,000 | 3.55% |
| 4 | 東レ・メディカル株式会社 | 200,000 | 3.53% |
| 5 | NORTHERN TRUST CO. (AVFC) RE IEDP AIF CLIENTSNON TREATY ACCOUNT(常任代理人:香港上海銀行東京支店) | 184,000 | 3.25% |
| 6 | NHGGP JAPAN OPPORTUNITIES FUND(常任代理人:株式会社三菱UFJ銀行) | 141,000 | 2.50% |
| 7 | 新日本空調株式会社 | 137,000 | 2.43% |
| 8 | フェンオール社員持株会 | 103,000 | 1.82% |
| 9 | 株式会社ナガワ | 100,000 | 1.77% |
| 10 | 株式会社ヨコオ | 96,000 | 1.70% |
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.