As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 22.51% |
|---|---|
| Individuals | 21.76% |
| Top 10 holders | 51.00% |
| Total shareholders | 12,995 |
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 |
|---|---|---|
| Financial institutions | 44.49% | 35 |
| Foreign institutions | 22.51% | 187 |
| Individuals & others | 21.76% | 12,550 |
| Other corporations | 10.02% | 167 |
| Securities firms | 1.20% | 27 |
| Foreign individuals | 0.02% | 28 |
| Government | 0.00% | 1 |
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) | 8,778,000 | 13.10% |
| 2 | 株式会社日本カストディ銀行(信託口) | 4,758,000 | 7.10% |
| 3 | ニチコン取引先持株会 | 3,851,000 | 5.70% |
| 4 | 株式会社京都銀行 | 3,259,000 | 4.90% |
| 5 | 株式会社みずほ銀行 | 2,690,000 | 4.00% |
| 6 | 日本生命保険相互会社 | 2,670,000 | 4.00% |
| 7 | 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) | 2,355,000 | 3.50% |
| 8 | 株式会社三井住友銀行 | 2,200,000 | 3.30% |
| 9 | 株式会社三菱UFJ銀行 | 2,000,000 | 3.00% |
| 10 | ニチコン従業員持株会 | 1,605,000 | 2.40% |
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.