As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 24.29% |
|---|---|
| Individuals | 11.17% |
| Top 10 holders | 50.34% |
| Total shareholders | 4,661 |
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 | 37.97% | 110 |
| Financial institutions | 25.61% | 23 |
| Foreign institutions | 24.29% | 154 |
| Individuals & others | 11.17% | 4,342 |
| Securities firms | 0.95% | 23 |
| Foreign individuals | 0.01% | 8 |
| Government | 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 | 銀泉株式会社 | 6,440,000 | 13.50% |
| 2 | INTERTRUST TRUSTEES(CAYMAN) LIMITED SOLEL Y IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP(常任代理人 株式会社みずほ銀行決済営業部) | 4,926,000 | 10.33% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,692,000 | 7.74% |
| 4 | 株式会社三井住友銀行 | 2,133,000 | 4.47% |
| 5 | 株式会社きんでん | 1,393,000 | 2.92% |
| 6 | 鹿島建設株式会社 | 1,376,000 | 2.89% |
| 7 | 株式会社三十三銀行 | 1,287,000 | 2.70% |
| 8 | 株式会社日本カストディ銀行(信託口) | 1,006,000 | 2.11% |
| 9 | 株式会社百十四銀行 | 891,000 | 1.87% |
| 10 | 三精テクノロジーズ株式会社 | 865,000 | 1.81% |
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.