TOBU RAILWAY CO.,LTD.

9001 TSE Industrials Land Transportation
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2026-03-31.

Foreign institutions19.71%
Individuals39.74%
Top 10 holders30.76%
Total shareholders75,812

Who owns the company

Share of voting units
Individuals & others: 39.74%Financial institutions: 30.97%Foreign institutions: 19.71%Other corporations: 7.29%Securities firms: 2.25%Foreign individuals: 0.04%39.7%Individuals & others
Individuals & others 39.74%Financial institutions 30.97%Foreign institutions 19.71%Other corporations 7.29%Securities firms 2.25%Foreign individuals 0.04%

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.

Ownership Trend

Holding %, recent years
010203040FY23FY24FY25FY26FY2023 — Foreign institutions: 22 %FY2024 — Foreign institutions: 24 %FY2025 — Foreign institutions: 18 %FY2026 — Foreign institutions: 20 %FY2023 — Financial institutions: 35 %FY2024 — Financial institutions: 34 %FY2025 — Financial institutions: 32 %FY2026 — Financial institutions: 31 %FY2023 — Individuals: 36 %FY2024 — Individuals: 33 %FY2025 — Individuals: 40 %FY2026 — Individuals: 40 %FY2023 — Other corporations: 7 %FY2024 — Other corporations: 7 %FY2025 — Other corporations: 7 %FY2026 — Other corporations: 7 %FY2023 — Securities firms: 1 %FY2024 — Securities firms: 1 %FY2025 — Securities firms: 4 %FY2026 — Securities firms: 2 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Individuals & others39.74%74,457
Financial institutions30.97%68
Foreign institutions19.71%328
Other corporations7.29%693
Securities firms2.25%36
Foreign individuals0.04%228
Government0.00%2

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.

Largest shareholders

S.No.ShareholderSharesStake %
1日本マスタートラスト信託銀行株式会社(信託口)29,087,00014.81%
2株式会社日本カストディ銀行(信託口)9,720,0004.95%
3富国生命保険相互会社5,235,0002.66%
4JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部)2,871,0001.46%
5STATE 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)2,678,0001.36%
6STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行決済営業部)2,483,0001.26%
7株式会社みずほ銀行2,326,0001.18%
8株式会社埼玉りそな銀行2,031,0001.03%
9東日本旅客鉄道株式会社2,024,0001.03%
10GOVERNMENT OF NORWAY(常任代理人 シティバンク、エヌ・エイ東京支店)2,014,0001.02%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.