As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 20.51% |
|---|---|
| Individuals | 22.81% |
| Top 10 holders | 68.67% |
| Total shareholders | 3,833 |
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 | 39.21% | 28 |
| Individuals & others | 22.81% | 3,687 |
| Foreign institutions | 20.51% | 81 |
| Financial institutions | 16.01% | 13 |
| Securities firms | 0.89% | 21 |
| Foreign individuals | 0.58% | 3 |
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TKコーポレーション | 7,584,000 | 38.99% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,406,500 | 7.23% |
| 3 | 株式会社日本カストディ銀行(信託口) | 1,009,200 | 5.19% |
| 4 | NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS(常任代理人 香港上海銀行東京支店) | 897,100 | 4.61% |
| 5 | 薬王堂ホールディングス従業員持株会 | 646,356 | 3.32% |
| 6 | BNP PARIBAS LUXEMBOURG/2S/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS(常任代理人 香港上海銀行東京支店) | 470,000 | 2.42% |
| 7 | INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 407,400 | 2.09% |
| 8 | 西郷 喜代子 | 398,000 | 2.05% |
| 9 | STATE STREET BANK AND TRUST COMPANY 505019(常任代理人 株式会社みずほ銀行決済営業部) | 285,258 | 1.47% |
| 10 | CACEIS BANK, LUXEMBOURG BRANCH / UCITS - FULL TAX(常任代理人 シティバンク、エヌ・エイ東京支店) | 252,300 | 1.30% |
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.