As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 21.32% |
|---|---|
| Individuals | 15.87% |
| Top 10 holders | 69.73% |
| Total shareholders | 9,743 |
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 | 42.24% | 82 |
| Foreign institutions | 21.32% | 229 |
| Financial institutions | 16.74% | 22 |
| Individuals & others | 15.87% | 9,349 |
| Securities firms | 3.82% | 26 |
| Foreign individuals | 0.02% | 35 |
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 | 西本興産株式会社 | 44,982,000 | 41.88% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 10,383,000 | 9.66% |
| 3 | 西本 佳代 | 6,005,000 | 5.59% |
| 4 | 株式会社日本カストディ銀行(信託口) | 5,513,000 | 5.13% |
| 5 | 岩切 隆吉 | 1,877,000 | 1.74% |
| 6 | 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) | 1,598,000 | 1.48% |
| 7 | JPモルガン証券株式会社 | 1,362,000 | 1.26% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505025(常任代理人 株式会社みずほ銀行決済営業部) | 1,135,000 | 1.05% |
| 9 | GOVERNMENT OF NORWAY(常任代理人 シティバンク、エヌ・エイ東京支店) | 1,100,000 | 1.02% |
| 10 | HSBC BANK PLC A/C M AND G (ACS) VALUE PARTNERS CHINA EQUITY FUND(常任代理人 香港上海銀行東京支店) | 997,000 | 0.92% |
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.