As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 52.90% |
|---|---|
| Individuals | 12.21% |
| Top 10 holders | 84.72% |
| Total shareholders | 3,306 |
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 |
|---|---|---|
| Foreign institutions | 52.90% | 38 |
| Other corporations | 30.61% | 60 |
| Individuals & others | 12.21% | 3,176 |
| Financial institutions | 2.29% | 3 |
| Securities firms | 1.98% | 24 |
| Foreign individuals | 0.01% | 5 |
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 | ZENITH LOGISTICS LIMITED(常任代理人 株式会社みずほ銀行決済営業部) | 8,208,000 | 47.97% |
| 2 | SBSホールディングス株式会社 | 3,577,000 | 20.90% |
| 3 | 株式会社フジトランスコーポレーション | 882,000 | 5.15% |
| 4 | ZENITH LOGISTICS PTE. LTD.(常任代理人 株式会社みずほ銀行決済営業部) | 586,000 | 3.42% |
| 5 | 株式会社日本カストディ銀行(信託E口) | 340,000 | 1.99% |
| 6 | 栗林運輸株式会社 | 255,000 | 1.49% |
| 7 | ゼロ従業員持株会 | 197,000 | 1.15% |
| 8 | 株式会社オークネット | 180,000 | 1.05% |
| 9 | モルガン・スタンレーMUFG証券株式会社 | 146,000 | 0.85% |
| 10 | 株式会社ENEOSウイング | 129,000 | 0.75% |
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.