As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 18.34% |
|---|---|
| Individuals | 33.60% |
| Top 10 holders | 34.60% |
| Total shareholders | 7,124 |
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 | 33.60% | 6,586 |
| Financial institutions | 27.93% | 23 |
| Foreign institutions | 18.34% | 147 |
| Other corporations | 17.79% | 335 |
| Securities firms | 2.33% | 27 |
| Government | 0.00% | — |
| Foreign individuals | 0.00% | 6 |
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) | 3,805,000 | 12.18% |
| 2 | 山梨中央銀行職員持株会 | 1,325,000 | 4.24% |
| 3 | 株式会社日本カストディ銀行(信託口) | 980,000 | 3.14% |
| 4 | 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) | 968,000 | 3.10% |
| 5 | BBH FOR BBHTSIL NEUBERGER BERMAN INVESTMENT FUNDS PLC-NEUBERGER BERMAN JAPAN EQUITY ENGAGEMENT FUND(常任代理人 株式会社三菱UFJ 銀行) | 720,000 | 2.30% |
| 6 | 学校法人帝京大学 | 629,000 | 2.01% |
| 7 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サ ックス証券株式会社) | 628,000 | 2.01% |
| 8 | GOVERNMENT OF NORWAY (常任代理人 シティバンク、エ ヌ・エイ東京支店) | 618,000 | 1.98% |
| 9 | 富国生命保険相互会社(常任代理人 株式会社日本カスト ディ銀行) | 600,000 | 1.92% |
| 10 | 野村信託銀行株式会社(山梨中央銀行職員持株会専用信託口) | 540,000 | 1.72% |
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.