PIGEON CORPORATION
TSE Prime
Shareholding pattern
As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 28.53% |
|---|---|
| Individuals | 31.45% |
| Top 10 holders | 40.31% |
| Total shareholders | 70,192 |
Who owns the company
Share of voting unitsIndividuals & others 31.45%Financial institutions 30.1%Foreign institutions 28.53%Other corporations 4.94%Securities firms 4.92%Foreign individuals 0.05%
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.
Ownership Trend
Holding %, recent yearsForeign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms
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.
Ownership detail
| Investor category | Holding % | Shareholders |
|---|---|---|
| Individuals & others | 31.45% | 69,342 |
| Financial institutions | 30.10% | 38 |
| Foreign institutions | 28.53% | 262 |
| Other corporations | 4.94% | 327 |
| Securities firms | 4.92% | 32 |
| Foreign individuals | 0.05% | 191 |
| Government | 0.00% | — |
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.
Largest shareholders
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 日本マスタートラスト信託銀行株式会社（信託口） | 17,505,000 | 14.62% |
| 2 | 株式会社日本カストディ銀行（信託口） | 9,061,000 | 7.57% |
| 3 | ＪＡＰＡＮ ＡＣＴＩＶＡＴＩＯＮ ＣＡＰＩＴＡＬ Ｉ Ｌ．Ｐ．（常任代理人 株式会社三菱ＵＦＪ銀行） | 4,260,000 | 3.56% |
| 4 | ＮＯＲＴＨＥＲＮ ＴＲＵＳＴ ＣＯ．（ＡＶＦＣ） ＲＥ ＩＥＤＵ ＵＣＩＴＳ ＣＬＩＥＮＴＳ ＮＯＮ ＬＥＮＤＩＮＧ １５ ＰＣＴ ＴＲＥＡＴＹ ＡＣＣＯＵＮＴ（常任代理人 香港上海銀行東京支店） | 3,949,000 | 3.30% |
| 5 | 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） | 3,063,000 | 2.56% |
| 6 | 野村信託銀行株式会社（信託口） | 2,667,000 | 2.23% |
| 7 | 株式会社日本カストディ銀行（信託口４） | 2,079,000 | 1.74% |
| 8 | ＪＰモルガン証券株式会社 | 2,044,000 | 1.71% |
| 9 | 仲田 洋一 | 1,944,000 | 1.62% |
| 10 | ワイ．エヌ株式会社 | 1,678,000 | 1.40% |
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.