As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 7.46% |
|---|---|
| Individuals | 66.97% |
| Top 10 holders | 32.01% |
| Total shareholders | 8,498 |
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 | 66.97% | 8,329 |
| Other corporations | 16.03% | 91 |
| Financial institutions | 7.77% | 3 |
| Foreign institutions | 7.46% | 40 |
| Securities firms | 1.70% | 16 |
| Foreign individuals | 0.07% | 19 |
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 | 菊水ホールディングス株式会社 | 512,000 | 7.04% |
| 2 | 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 291,000 | 4.01% |
| 3 | 株式会社三菱UFJ銀行 | 291,000 | 4.01% |
| 4 | 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) | 279,000 | 3.84% |
| 5 | 橋本幸雄 | 230,000 | 3.16% |
| 6 | アジア電子工業株式会社 | 181,000 | 2.50% |
| 7 | ケル社員持株会 | 163,000 | 2.25% |
| 8 | ASGJapan株式会社 | 137,000 | 1.88% |
| 9 | 萩原慶子 | 122,000 | 1.68% |
| 10 | 山崎万希子 | 119,000 | 1.64% |
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.