As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 28.40% |
|---|---|
| Individuals | 7.65% |
| Top 10 holders | 68.13% |
| Total shareholders | 39,411 |
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 |
|---|---|---|
| Other corporations | 45.75% | 283 |
| Foreign institutions | 28.40% | 334 |
| Financial institutions | 14.86% | 27 |
| Individuals & others | 7.65% | 38,688 |
| Securities firms | 3.33% | 30 |
| Foreign individuals | 0.01% | 49 |
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 | 株式会社スギ商事 | 67,731,000 | 37.42% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 17,290,000 | 9.55% |
| 3 | 株式会社スギアセット | 9,057,000 | 5.00% |
| 4 | 株式会社日本カストディ銀行(信託口) | 8,049,000 | 4.44% |
| 5 | STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行決済営業部) | 5,280,000 | 2.91% |
| 6 | CEP LUX-ORBIS SICAV(常任代理人シティバンク、エヌ・エイ東京支店) | 4,037,000 | 2.23% |
| 7 | STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行決済営業部) | 3,272,000 | 1.80% |
| 8 | 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) | 3,122,000 | 1.72% |
| 9 | SMBC日興証券株式会社 | 2,801,000 | 1.54% |
| 10 | J.P. MORGAN BANK LUXEMBOURG S.A. 385598(常任代理人 株式会社みずほ銀行決済営業部) | 2,753,000 | 1.52% |
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.