As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 20.34% |
|---|---|
| Individuals | 39.48% |
| Top 10 holders | 59.00% |
| Total shareholders | 4,657 |
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 | 39.48% | 4,523 |
| Other corporations | 23.00% | 60 |
| Foreign institutions | 20.34% | 37 |
| Securities firms | 10.92% | 15 |
| Financial institutions | 6.10% | 3 |
| Foreign individuals | 0.16% | 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 | スギホールディングス株式会社 | 1,600,000 | 18.99% |
| 2 | 野村證券株式会社 | 783,000 | 9.30% |
| 3 | DEUTSCHE BANK AG, SINGAPORE A/C CLIENTS(NON TREATY) 4600600(常任代理人株式会社みずほ銀行) | 708,000 | 8.40% |
| 4 | 株式会社日本カストディ銀行(信託口) | 333,000 | 3.96% |
| 5 | BBH CO FOR ARCUS JAPAN VALUE FAND(常任代理人株式会社三菱UFJ銀行) | 333,000 | 3.96% |
| 6 | 高橋 正 | 301,000 | 3.58% |
| 7 | GOLDMAN SACHS INTERNATIONAL(常任代理人ゴールドマン・サックス証券株式会社) | 251,000 | 2.98% |
| 8 | 大田 宜明 | 247,000 | 2.93% |
| 9 | 加藤 晋一郎 | 241,000 | 2.86% |
| 10 | 日本マスタートラスト信託銀行株式会社(信託口) | 172,000 | 2.04% |
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.