As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 16.10% |
|---|---|
| Individuals | 32.97% |
| Top 10 holders | 57.95% |
| Total shareholders | 6,445 |
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 | 33.01% | 103 |
| Individuals & others | 32.97% | 6,243 |
| Financial institutions | 16.79% | 13 |
| Foreign institutions | 16.10% | 57 |
| Securities firms | 1.12% | 21 |
| Foreign individuals | 0.00% | 8 |
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 | 公益財団法人三木瀧蔵奨学財団 | 7,677,000 | 20.40% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 2,925,000 | 7.77% |
| 3 | NORTHERN TRUST CO.(AVFC) RE IEDP AIF CLIENTS NON TREATY ACCOUNT (常任代理人 香港上海銀行東京支店) | 2,468,000 | 6.56% |
| 4 | HSBC PRIVATE BANK (SUISSE) SA GENEVA-SEGREG UK IND1 CLT ASSET (常任代理人 香港上海銀行東京支店) | 1,948,000 | 5.18% |
| 5 | 一般財団法人サンライズ財団 | 1,800,000 | 4.78% |
| 6 | 株式会社三菱UFJ銀行 | 1,498,000 | 3.98% |
| 7 | 株式会社三井住友銀行 | 1,495,000 | 3.97% |
| 8 | ROYAL BANK OF CANADA (CHANNEL ISLANDS) LIMITED-REGISTERED CUSTODY(常任代理人 シティバンク、エヌ・エイ東京支店) | 720,000 | 1.91% |
| 9 | 株式会社ルックホールディングス | 686,000 | 1.82% |
| 10 | 株式会社日本カストディ銀行(信託口) | 592,000 | 1.58% |
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.