As reported in the annual securities report, 2025-03-31.
| Foreign institutions | 19.13% |
|---|---|
| Individuals | 37.45% |
| Top 10 holders | 54.04% |
| Total shareholders | 5,606 |
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 | 37.45% | 5,355 |
| Financial institutions | 25.53% | 25 |
| Foreign institutions | 19.13% | 125 |
| Other corporations | 14.54% | 62 |
| Securities firms | 3.26% | 26 |
| Foreign individuals | 0.09% | 13 |
| Government | 0.00% | — |
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 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,025,000 | 14.10% |
| 2 | 有限会社エス・エフ・シー | 2,379,000 | 11.09% |
| 3 | 株式会社日本カストディ銀行(信託口) | 1,850,000 | 8.62% |
| 4 | 佐藤 定雄 | 1,792,000 | 8.35% |
| 5 | 株式会社シティインデックスイレブンス | 827,000 | 3.86% |
| 6 | 株式会社日本カストディ銀行(信託口4) | 448,000 | 2.09% |
| 7 | THE BANK OF NEW YORK MELLON 140044(常任代理人 株式会社みずほ銀行決済営業部) | 364,000 | 1.69% |
| 8 | NORTHERN TRUST CO.(AVFC) RE IEDU UCITS CLIENTS NON LENDING 15 PCT TREATY ACCOUNT(常任代理人 香港上海銀行東京支店) | 360,000 | 1.67% |
| 9 | JP JPMSE LUX RE BARCLAYS CAPITAL SEC LTD EQ CO(常任代理人 株式会社三菱UFJ銀行) | 278,000 | 1.29% |
| 10 | モルガン・スタンレーMUFG証券株式会社 | 276,000 | 1.28% |
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.