As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 18.49% |
|---|---|
| Individuals | 15.94% |
| Top 10 holders | 62.79% |
| Total shareholders | 7,892 |
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 | 38.87% | 163 |
| Financial institutions | 25.46% | 37 |
| Foreign institutions | 18.49% | 197 |
| Individuals & others | 15.94% | 7,454 |
| Securities firms | 1.24% | 37 |
| Foreign individuals | 0.00% | 4 |
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 | 株式会社小松安弘興産 | 28,778,000 | 35.58% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 6,049,000 | 7.48% |
| 3 | 株式会社日本カストディ銀行(信託口) | 5,395,000 | 6.67% |
| 4 | 積水化成品工業株式会社 | 2,480,000 | 3.07% |
| 5 | 株式会社西日本シティ銀行 | 1,760,000 | 2.18% |
| 6 | エフピコ共栄会 | 1,632,000 | 2.02% |
| 7 | GOVERNMENT OF NORWAY(常任代理人 シティバンク、エヌ・エイ東京支店) | 1,235,000 | 1.53% |
| 8 | 日本マスタートラスト信託銀行株式会社(退職給付信託積水化成品工業口) | 1,200,000 | 1.48% |
| 9 | エフピコ社員持株会 | 1,146,000 | 1.42% |
| 10 | 第一生命保険株式会社(常任代理人 株式会社日本カストディ銀行) | 1,102,000 | 1.36% |
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.