As reported in the annual securities report, 2025-11-30.
| Foreign institutions | 27.50% |
|---|---|
| Individuals | 26.17% |
| Top 10 holders | 61.38% |
| Total shareholders | 24,468 |
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 | 28.97% | 232 |
| Foreign institutions | 27.50% | 216 |
| Individuals & others | 26.17% | 23,943 |
| Financial institutions | 13.80% | 14 |
| Securities firms | 3.52% | 19 |
| Foreign individuals | 0.03% | 44 |
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 | 名古屋鉄道株式会社 | 7,500,100 | 15.46% |
| 2 | 有限会社ゼウスキャピタル | 6,000,000 | 12.37% |
| 3 | 山口 誠一郎 | 5,393,131 | 11.12% |
| 4 | 日本マスタートラスト信託銀行株式会社(信託口) | 4,083,400 | 8.42% |
| 5 | STATE STREET BANK AND TRUST COMPANY 505001(常任代理人:株式会社みずほ銀行決済営業部) | 1,855,521 | 3.82% |
| 6 | 株式会社日本カストディ銀行(信託口) | 1,709,300 | 3.52% |
| 7 | きらぼしキャピタル東京Sparkle投資事業有限責任組合 | 1,000,000 | 2.06% |
| 8 | SMBC日興証券株式会社 | 755,654 | 1.55% |
| 9 | HOST-PLUS PTY LIMITED-HOSTPLUS POOLED SUPERANNUATION TRUST HOSKING PARTNERS LLP(常任代理人:シティバンク、エヌ・エイ東京支店) | 751,267 | 1.54% |
| 10 | CACEIS BANK, LUXEMBOURG BRANCH / AIF CLIENTS ASSETS(常任代理人:香港上海銀行東京支店) | 740,800 | 1.52% |
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.