As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 0.32% |
|---|---|
| Individuals | 68.00% |
| Top 10 holders | 27.32% |
| Total shareholders | 3,800 |
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 | 68.00% | 3,695 |
| Other corporations | 17.17% | 54 |
| Financial institutions | 14.21% | 16 |
| Foreign institutions | 0.32% | 21 |
| Government | 0.17% | 2 |
| Securities firms | 0.11% | 9 |
| Foreign individuals | 0.01% | 3 |
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 | 阪神電気鉄道株式会社 | 1,181,000 | 9.78% |
| 2 | 株式会社日本カストディ銀行(三井住友信託銀行再信託分・山陽電気鉄道株式会社退職給付信託口)(注)3 | 880,000 | 7.28% |
| 3 | 神姫バス従業員持株会 | 307,000 | 2.54% |
| 4 | 三菱ふそうトラック・バス株式会社 | 190,000 | 1.57% |
| 5 | 株式会社三井住友銀行 | 143,000 | 1.19% |
| 6 | 兵庫県信用農業協同組合連合会 | 121,000 | 1.00% |
| 7 | 播州信用金庫 | 120,000 | 0.99% |
| 8 | 姫路信用金庫 | 120,000 | 0.99% |
| 9 | グローリー株式会社 | 120,000 | 0.99% |
| 10 | 横浜ゴム株式会社 | 120,000 | 0.99% |
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.