As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 79.36% |
|---|---|
| Individuals | 8.19% |
| Top 10 holders | 79.45% |
| Total shareholders | 5,808 |
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 |
|---|---|---|
| Foreign institutions | 79.36% | 104 |
| Financial institutions | 9.90% | 16 |
| Individuals & others | 8.19% | 5,547 |
| Securities firms | 1.39% | 32 |
| Other corporations | 1.11% | 77 |
| Foreign individuals | 0.05% | 32 |
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 | ヴァレオ・マネジメント (常任代理人 ㈱三菱UFJ銀行、みずほ証券㈱) | 58,791,000 | 61.08% |
| 2 | 日本マスタートラスト信託銀行㈱(信託口) | 5,000,000 | 5.19% |
| 3 | BNP PARIBAS MADRID / 2S / JASDEC / SPANISH RESIDENTS / UCITS ASSETS(常任代理人 香港上海銀行東京支店 セキュリティーズ・サービシズ・オペレーションズ) | 4,334,000 | 4.50% |
| 4 | 日本カストディ銀行㈱(信託口) | 2,868,000 | 2.98% |
| 5 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス㈱) | 1,383,000 | 1.43% |
| 6 | 日本生命保険(相)(常任代理人 日本マスタートラスト信託銀行㈱) | 988,000 | 1.02% |
| 7 | BNY GCM CLIRNT ACCOUNT JPRD AC ISG(FE-AC)(常任代理人 ㈱三菱UFJ銀行) | 861,000 | 0.89% |
| 8 | BNP PARIBAS LUXEMBOURG / 2S / JASDEC SECURITIES / UCITS ASSETS(香港上海銀行東京支店 セキュリティーズ・サービシズ・オペレーションズ) | 791,000 | 0.82% |
| 9 | NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)(常任代理人 野村證券㈱) | 771,000 | 0.80% |
| 10 | MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB(常任代理人 BOFA証券㈱) | 715,000 | 0.74% |
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.