As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 4.72% |
|---|---|
| Individuals | 51.90% |
| Top 10 holders | 72.27% |
| Total shareholders | 15,057 |
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 | 51.90% | 14,626 |
| Other corporations | 39.87% | 219 |
| Foreign institutions | 4.72% | 108 |
| Financial institutions | 2.17% | 6 |
| Securities firms | 1.28% | 18 |
| Foreign individuals | 0.07% | 80 |
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 | 松下 剛 | 10,988,000 | 27.97% |
| 2 | 株式会社Mマネジメント | 8,000,000 | 20.37% |
| 3 | 株式会社Mコーポレーション | 6,360,000 | 16.19% |
| 4 | MTG持株会 | 724,000 | 1.84% |
| 5 | エスカワゴエ株式会社 | 575,000 | 1.47% |
| 6 | 株式会社日本カストディ銀行(信託口) | 505,000 | 1.29% |
| 7 | BNYM SA/NV FOR BNYM FOR BNYM GCM CLIENT ACCTS M ILM FE(常任代理人 株式会社三菱UFJ銀行) | 326,000 | 0.83% |
| 8 | BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行) | 322,000 | 0.82% |
| 9 | 佐川印刷株式会社 | 293,000 | 0.75% |
| 10 | 日本マスタートラスト信託銀行株式会社(信託口) | 292,000 | 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.