As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 13.01% |
|---|---|
| Individuals | 43.46% |
| Top 10 holders | 66.03% |
| Total shareholders | 12,270 |
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 | 43.46% | 11,993 |
| Other corporations | 32.88% | 126 |
| Foreign institutions | 13.01% | 91 |
| Financial institutions | 8.75% | 9 |
| Securities firms | 1.87% | 23 |
| Foreign individuals | 0.03% | 28 |
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 | 株式会社エム・エム・ヨーク | 6,196,140 | 18.91% |
| 2 | 肥田 幸春 | 5,049,800 | 15.41% |
| 3 | 株式会社松濤投資倶楽部 | 4,824,000 | 14.72% |
| 4 | 日本マスタートラスト信託銀行株式会社(信託口) | 2,121,800 | 6.47% |
| 5 | BBH FOR FIDELITY LOW-PRICED STOCK FUND(常任代理人 株式会社三菱UFJ銀行) | 1,134,849 | 3.46% |
| 6 | 京田 景子 | 540,500 | 1.65% |
| 7 | 株式会社日本カストディ銀行(信託口) | 482,900 | 1.47% |
| 8 | GOLDMAN,SACHS & CO.REG (常任代理人 ゴールドマン・サックス証券株式会社) | 465,000 | 1.41% |
| 9 | DFA INTL SMALL CAP VALUE PORTFOLIO(常任代理人 シティバンク、エヌ・エイ東京支店) | 432,160 | 1.31% |
| 10 | 柳澤 安慶 | 400,000 | 1.22% |
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.