As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 35.82% |
|---|---|
| Individuals | 23.83% |
| Top 10 holders | 50.64% |
| Total shareholders | 4,753 |
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 | 35.82% | 169 |
| Individuals & others | 23.83% | 4,451 |
| Financial institutions | 22.94% | 16 |
| Other corporations | 15.68% | 83 |
| Securities firms | 1.71% | 24 |
| Foreign individuals | 0.01% | 10 |
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 | エムエフカンパニー株式会社 | 9,240,000 | 12.48% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 8,961,000 | 12.11% |
| 3 | BBH FOR FIDELITY LOW-PRICED STOCK FUND(常任代理人 株式会社三菱UFJ銀行) | 4,716,000 | 6.37% |
| 4 | 株式会社日本カストディ銀行(信託口) | 3,525,000 | 4.76% |
| 5 | CGML-LONDON EQUITY(常任代理人 シティバンク、エヌ・エイ東京支店) | 2,375,000 | 3.21% |
| 6 | 大須賀 正孝 | 2,317,000 | 3.13% |
| 7 | 大須賀 秀徳 | 1,998,000 | 2.70% |
| 8 | THE CHASE MANHATTAN BANK , N.A. LONDON SPECIAL ACCOUNT NO.1(常任代理人 株式会社みずほ銀行) | 1,561,000 | 2.11% |
| 9 | とぴあ浜松農業協同組合 | 1,400,000 | 1.89% |
| 10 | 和佐見 勝 | 1,390,000 | 1.88% |
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.