As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 12.53% |
|---|---|
| Individuals | 34.67% |
| Top 10 holders | 31.21% |
| Total shareholders | 24,686 |
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 | 34.67% | 24,145 |
| Other corporations | 25.34% | 336 |
| Financial institutions | 25.10% | 36 |
| Foreign institutions | 12.53% | 112 |
| Securities firms | 2.34% | 22 |
| Foreign individuals | 0.02% | 35 |
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 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,964,000 | 7.39% |
| 2 | 上新電機社員持株会 | 1,799,000 | 6.77% |
| 3 | 株式会社日本カストディ銀行(信託口) | 1,046,000 | 3.94% |
| 4 | 株式会社りそな銀行 | 800,000 | 3.01% |
| 5 | 第一生命保険株式会社 | 675,000 | 2.54% |
| 6 | シャープ株式会社 | 542,000 | 2.04% |
| 7 | STATE STREET BANK AND TRUSTCOMPANY 505223(常任代理人 株式会社みずほ銀行) | 401,000 | 1.51% |
| 8 | 株式会社ケーズマネジメント | 370,000 | 1.39% |
| 9 | 上新電機取引先持株会 | 356,000 | 1.34% |
| 10 | BNYM SA/NV FOR BNYM FOR BNY GCM CLIENT ACCOUNTS M LSCB RD(常任代理人 株式会社三菱 UFJ銀行) | 342,000 | 1.28% |
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.