As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 3.99% |
|---|---|
| Individuals | 57.76% |
| Top 10 holders | 65.47% |
| Total shareholders | 1,925 |
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 | 57.76% | 1,692 |
| Other corporations | 24.12% | 151 |
| Financial institutions | 13.76% | 12 |
| Foreign institutions | 3.99% | 52 |
| Securities firms | 0.36% | 17 |
| Foreign individuals | 0.00% | 1 |
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 | UHPartners2投資事業有限責任組合 | 1,067,000 | 9.83% |
| 2 | エヌオーアイ投資事業有限責任組合 | 963,000 | 8.87% |
| 3 | UHPartners3 投資事業有限責任組合 | 818,000 | 7.53% |
| 4 | エスアイエル投資事業有限責任組合 | 815,000 | 7.50% |
| 5 | コスモ石油マーケティング株式会社 | 789,000 | 7.26% |
| 6 | 光通信KK投資事業有限責任組合 | 699,000 | 6.44% |
| 7 | 明治安田生命保険相互会社(常任代理人)株式会社日本カストディ銀行 | 672,000 | 6.18% |
| 8 | 日本マスタートラスト信託銀行株式会社(信託口) | 508,000 | 4.67% |
| 9 | シナネングループ取引先持株会 | 407,000 | 3.75% |
| 10 | リンナイ株式会社 | 374,000 | 3.44% |
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.